Since 1956, the Pennsbury Scholarship Foundation (PSF) has existed to help Pennsbury graduates achieve their goal of higher education. In 2013, the PSF awarded $106,000 in scholarships to 63 graduates. Over the past 58 years, approximately $2.2 million in scholarships has been awarded to more than 1,300 Pennsbury graduates by the PSF.
These PSF’s scholarships are possible because of income from the endowments and low-risk investments; repayment of loans by former recipients; gifts made in honor or memory of loved ones; as well as gifts from local businesses and community organizations.
Additionally, the PSF’s endowed namesake scholarship program enables families to maintain the spirit and memory of their loved ones, while helping students achieve their post high school educational goals. In 2014, 28 namesake scholarships will be awarded in memory of 25 former community members, including 12 graduates of PHS. All scholarships are based on four equally-weighted criteria: academic achievement, financial need, character and leadership. These awards are comprised of one-half grant and one-half zero-interest loan, repayable starting 6 months after the student leaves college.
Pennsbury graduates are encouraged to apply for a scholarship every year that they are working toward an undergraduate degree. The 2014 application form will be available on the PSF website, www.pennsbury.k12.pa.us (“Foundations” link), and in the guidance offices at Pennsbury High School. The deadline for the return of all application components is April 11th, 2014. The screening of applications will be held on June 1st, 2014. Community volunteers who wish to assist with the screening are invited to participate and should contact PSF for more information. A reception for 2014 PSF scholarship recipients will be held on Tuesday, June 24th, 2014.
The PSF is administered by an independent, all-volunteer Board of Directors made up of 19 community members and four school district representatives who are responsible for fundraising, investments, and overseeing the awarding of grants and loans.
Any person, business or organization interested in making a donation to the PSF, establishing an endowment, or obtaining more information should call 215-428-4145 or e-mail: firstname.lastname@example.org. Donations can also be mailed to the PSF at P.O. Box 338, 134 Yardley Avenue, Fallsington, PA 19058-0338.
The PSF is a 501(c)3 non-profit organization and all donations are tax-deductible to the fullest extent permitted by law.