MAAO SCHOLARSHIPs
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Scholarship Applications: Week Long Course Scholarship Application |
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Dan Franklin Scholarship Scholarships are awarded throughout the year for expenses incurred in obtaining the course work necessary for State Licensure at the Certified Minnesota Assessor (CMA) level. Scholarships are also awarded to those individuals taking the college level course work necessary to earn a degree majoring in real estate. Scholarships are awarded without regard to race, color, creed, religion, age, sex, disability, marital status, sexual orientation, public assistance or national origin. Nancy Wojcik, SAMA Application requirements will be reviewed and changed as required by the Scholarship Committee with final approval of the Executive Board. The Scholarship Committee shall include: Past President The Scholarship Committee will be chaired by the Past President. Any vacancies that may occur shall be filled by appointment by the President of MAAO. The principal of the Dan Franklin Memorial Scholarship Fund shall not be distributed. Scholarships will be awarded and funded by interest accrued only on the funds principal balance, however, an initial funding of $1,000 will be made available from MAAO funds to award scholarships immediately in order to proceed with the program. As more contributions are made to the Scholarship Fund, the interest generated by the principal will continue to grow permitting the committee to increase the number of awards and/or make larger distributions. Scholarship checks will be written and proper accounting techniques used in monitoring the fund by the Secretary of MAAO. A report will be given by the Secretary to the Executive Board at Executive Board meetings. The assets of the Dan Franklin Memorial Scholarship Fund will be deposited in the primary financial institution of the Minnesota Association of Assessing Officers, or other financial institution as approved by the Scholarship Committee. At dissolution of the Scholarship Fund, any remaining proceeds will be given to the International Association of Assessing Officers to defray educational costs to its members. A "Donor List" shall be published in Equal Eyes and other literature as may be deemed appropriate by the Scholarship Committee, the Executive Board or the Equal Eyes Editor. The Donor List shall include the names of the individual, organization or corporation which has made a contribution to the Dan Franklin Memorial Scholarship Fund over the past 12 months. The dollar amount of the contribution shall not be published. |


