Scholarship Guidelines:

 

Selection Process The recipients of the Merchants Exchange Scholarship will be selected by the Merchants Exchange Scholarship Fund Board of Directors and rewarded to outstanding individuals who meet the following criteria:

  • The applicant’s chosen field of study must be in the Maritime Field and/or International Trade, and must enrolled in a 4-year, 2-year institution or Graduate degree program.
    • 4-year Degree Students: The applicant must have completed the minimum credits and/or hours equivalent to two (2) academic years and must be of Junior or Senior in academic standing at an accredited institution of higher learning.
    • 2-year Institution Students: The applicant must be accepted to, or currently pursuing a degree (in your first or second year) in a 2-year program at an institution of higher learning or at USCG approved institution.
  • The applicant must maintain a minimum 2.5 GPA or the school's equivalent rankings.
  • The applicant must demonstrate academic achievement and have exemplary qualities in personal character. Financial need may be considered if other factors are equal.

Administrative Process The Merchants Exchange requires the academic institution to administer the scholarship within the following guidelines:

  • The scholarship will be remitted to the institution by the Merchants Exchange Scholarship Fund by September 1st, and may be renewed annually upon approval.
  • A minimum 2.5 GPA (or the school's equivalent ranking), regular class attendance, and course completion standards must be maintained for the student to remain qualified.
  • Carry-over funds from one (1) year to the next is acceptable.
  • If scholarship is not fully utilized, the unused funds may be given in the form of a scholarship to an alternate student based on the selection process outlined above.

Application – to apply for the Merchants Exchange Scholarship:

  • Click “Apply” from the side menu and complete the application.
  • Note: Previous Merchants Exchange Scholarship winners must complete Section V. This section is only for previous winners.
  • The form will be submitted electronically.

    Applicants are responsible for:

      Submitting the application and all additional documents:

  • All required documents are to be postmarked by May 31, 2018:
    • One (1) letter of recommendation from a professor or direct supervisor
    • Applicant's sealed certified academic transcripts
  • The recommendation letter must be received either on the Merchants Exchange of Portland Scholarship recommendation form or on official letterhead.

Merchants Exchange Scholarship Fund
200 SW Market Street, Suite 190
Portland, OR  97201

Deadline - For applications to be qualified:

Entries must be submitted between January 1, 2018 (12:00 am PST) and May 31, 2018 (11:59 pm PST).

 

Awards - The number of awards and amount of funds distributed each year is determined by the Merchants Exchange Scholarship Fund Board of Directors. Scholarship award amounts may vary based on merit, scoring and funds available each year. Scholarship awards are up to $2,000, and can be used for tuition, fees, and books. Previous scholarship recipients are able to reapply.

Applicants will be notified by September.

Please note: Any application without a letter of recommendation, or sealed official transcript received after by the scholarship deadline will be disregarded.

 
 
Please refer our FAQ page for questions regarding the scholarship.
For more information about the Scholarship Fund, please contact the Merchants Exchange Scholarship Fund at scholarship@pdxmex.com or (503) 220-2092.