Page 30 - June-July 2025
P. 30

TRAILERTALK
        Foundation Receives Record Number of

        Scholarship Applications in 2025



































        National Trailer Dealers Foundation volunteers have been busy   o  Parent’s/guardian’s Adjusted Gross Income
        compiling scholarship applications, which have now gone on to the
        judging panel for review. A record of 78 applications were received   o  Financial support from stepparents (if applicable)
        this year. Award recipients will be notified by August 2025.   o  Other Scholarships and grants received
        The judging process, which is always challenging given the number of   o  Student’s personal savings
        amazing applicants, considers a number of factors, including:
                                                                   o  Projected 2024–2025 tuition and expenses by college or
            •   Academic Standing                                      university

            •   Financial Background                               o  Estimated net annual cost of attendance (tuition minus aid/
            •   Employment                                             savings)
            •   Extracurricular Activities                         o  Applicant’s stated expected family contribution from FASFA
                                                                       application
            •   Personal Goals and Aspirations
                                                                   o  Total household size and number of siblings in college
            •   Other Notable Details.
                                                                   o  Applicant’s contribution toward educational and/or house-
        Judges also review a comprehensive breakdown of key financial data,   hold costs
        including:
                                                                   o  Other relevant considerations.
            o  Federal Student Aid (FAFSA) methodology for calculating
               student need                                    Foundation Donations
            o  Average cost of living (COLA) in the U.S., Canada, or Mexico  The Foundation has more applicants than ever but less funds to
                                                               distribute than usual due to less donations in 2025. We greatly
            o  COLA financial adjustment by family size and geographic   appreciate those who have so generously contributed to the
               location (city, state, country)                 scholarship program over the years.

            o  Median household income by family size and geographic   We know times are tough for trailer dealers and manufacturers
               location (city, state, country)                 alike. However, if you can donate any amount in 2025, please
                                                               visit:
            o  Massachusetts Institute of Technology (MIT) Living Wage
               Calculator estimates based on family size and geographic   •   https://trailerdealersfoundation.org/ or
               location (city, state, country)
                                                               •   https://nationaltrailed.securepayments.cardpointe.com/pay.

          30
   25   26   27   28   29   30   31   32   33   34   35