Program Overview
History of Program
The HAI Group Board of Directors is committed to helping improve the lives of people who live in public and affordable housing. One of the ways we do this is through our Resident Scholarship Program, which has awarded more than $1,400,000 to more than 450 students to date!
Housing Authority Insurance, Inc.—part of our family of companies—sponsors the program, which provides residents with an opportunity to apply for a scholarship to offset the cost of their continuing education. Students may be awarded a scholarship for up to four consecutive years!
2021 Program
The 2021 Resident Scholarship Program is currently closed. This year we are awarding 20 scholarships worth $6,000 each. Once declared an official scholarship recipient, a check will be sent directly to the resident’s school for the fall 2021 academic term. The scholarship is available for the students to use towards fall 2021 tuition, school supplies, and book expenses as necessary. If there are funds remaining after the fall 2021 semester, the scholarship is available to use during the remaining 2021-2022 academic year (winter 2022, spring 2022, and summer 2022 semesters; if applicable), and it is the responsibility of the school to hold these funds in the F.B.O. (For the Benefit Of) account for the recipient and apply them. Scholarships may be awarded to past recipients of the Scholarship Program, and past recipients may submit an application up to five (5) days before the start of the scholarship entry period. Prior recipients who enter and fulfill all requirements shall be awarded preference over new applicants, and remaining scholarships shall be awarded to new applicants after such preference is given.
Eligibility
Each applicant must meet the following criteria:
- Lives in a housing authority or in a property with a housing choice voucher (HCV) administered by a housing authority that is a member of Housing Authority Risk Retention Group, Inc. (HARRG) or Housing Authority Property Insurance, A Mutual Company (HAPI) or lives in an affordable housing property insured by Housing Enterprise Insurance Company, Inc. (HEIC); or be exempt from the above since the applicant fulfilled the requirements in the Official Rules during the scholarship entry period and was declared a scholarship recipient and is in receipt of the award during the four-consecutive-year term of the academic scholarship period awarded.
- Is or will be enrolled in the fall for the 2021-22 academic year in an accredited and/or licensed technical school or accredited two- or four-year college or university in the United States.
- Is a United States citizen.
- Follow all other rules outlined in the official rules document.
Recipient Selection and Payment
The sponsor will review each entry and accompanying documentation to ensure that it is complete. Only entrants who have submitted complete applications will be considered. Potential scholarship recipients who are new applicants will be selected in one random drawing from all eligible entries received during the scholarship entry period. The drawing to select potential scholarship recipients who are new applicants will be held on or about Monday, May 3, 2021. All potential recipients will be contacted through email to provide a photo of themselves along with a proof of enrollment and W9 form (both filled out by the school). Potential scholarship recipients have fourteen (14) days to provide this information. Failure to provide this information within the specified timeframe will deem the scholarship award to be rejected by the applicant, and a new drawing will be held to select a new potential recipient. A maximum of three alternate drawings will be conducted, after which any or all unclaimed scholarships will remain un-awarded.
Once all 2021 recipients have been selected, payment will be sent. Scholarship payments are made directly to the college, university, or technical school by Housing Authority Insurance, Inc., and are deposited into an F.B.O (For the Benefit Of) account by the school for the student. Scholarship awarded proceeds are to be used only for the fall 2021 tuition, books, or school supplies purchased directly through the school. Any funds remaining after fall 2021 may be used toward the remaining 2021-2022 academic year (winter 2022, spring 2022, and summer 2022 semesters; if applicable) Any funds remaining after the 2021-2022 academic year must be returned back to the sponsor by the school no later than September 1, 2022.
