Financial Assistance Program - Interscholastic Equestrian Association

Interscholas-cEquestrianAssocia-on
BenevolentFund
The Interscholas-c Equestrian Associa-on Benevolent Fund was established
through ini-al dona-ons from the Equus Founda-on. IEA members and
supporters helped to increase the fund through addi-onal dona-ons that are
collected every season. The Fund has two purposes: 1) to assist those few
students that have the promise, poten-al, and desire to go forward with the
sport, but lack the financial support, and 2) to financially assist IEA coaches
during-mesofunexpectedmisfortuneorhardship.
FinancialAssistanceProgram
Informa3onandApplica3on
NOTE:Riderfinancialaidapplica-onsfortheupcomingIEAcompe--onseasonareonlyacceptedfromJune
1stthroughAugust15th.
RULES
A.IEASponsoringCoach
Studentsmustberecommendedfortheprogramandsponsoredbythestudent’sIEACoach.TheCoach’s
sponsorshipmustincludethefollowing:
-Submissionofapplica-onandrecommenda-on
-Coachwillagreetochargeamaximumof$25.00/lessontothestudent-riderapplicant
-CoachingfeesatIEAeventswillbewaived
-Coachand/orteammustbewillingtodonateorfundraisetohelpoffsetpoten-al,addi-onalcostsofpostseasoncompe--ons(regionals,zones,na-onals)forthesponsoredstudent-rider.
B.IEAFinancialCoverage
Allfinancialawardswillbeapprovedforaperiodofonecompe--onseason.
TheIEABenevolentFundwillmatchtheCoach’ssponsorshipasfollows:
-IEAwillwaiveorrefundthestudent-rider’smembershipfees
-IEAwillpaythestudent-rider’slessonfeestotheIEASponsoringCoach($25/lesson-2xpermonth-upto
$450.00)
-IEAwillpayallcompe--onentryfeesforregularseasonshows($40/classx10classes=$400max)
Intheeventofpostseasoncompe--on,addi-onalfinancialaidwillbeawardedasfollows:
-IEAwillpaythestudent’sentryfeesforregional,zoneandna-onalfinals(upto$300max)
-IEAwillpaya$150travels-pendforzonefinalsanda$300travels-pendforna-onals
Maximumfinancialaidtobeawardedtoanyapplicant:$1700/student.
Thesponsoringcoachwillbeexpectedtocoverallfinancialobliga-onsun-lareimbursementisreceivedfrom
theIEA.Requestsforfundswillbeacceptedonamonthlybasisandwillbepaidwithin30daysofthereceived
request.Pleasesubmittheinforma-ononthea[achedformforallpaymentrequests.
C.ApprovalPeriod
Riderfinancialaidapplica3onsfortheupcomingIEAcompe33onseasonareacceptedfromJune1stthrough
August15th.Allapplica-onswillbecompiledandreviewedatthesame-mebytheBenevolentFund
Commi[ee.TheCommi[eewillconsistoftheIEAExecu-veDirector,theNa-onalSteward,AssociateNa-onal
Steward,theMembershipSecretaryandanAlternateMember(ifneeded)fromtheIEABoardofDirectors.Ifa
studenthasbeenrecommendedorispersonallyknownbyaBenevolentFundCommi[eemember,the
AlternateBoardmemberwillreplacethatmemberontheCommi[ee.IEASponsoringCoacheswillbeno-fied
ofapplica-ondecisionsbySeptember15th.
NomorethaneightstudentswillbesponsoredeachyearwithoutaBoardvotetoextendaddi-onalbenefits.
AnystudentthatisreceivingsponsorshipthroughtheIEABenevolentFundisnoteligibletoreceiveaddi-onal,
financialassistanceforIEApar-cipa-onfromregionalorzoneprograms.However,thesestudentsarefully
eligibleforanyscholarships,compe--ons,oraddi-onalcompe--veawardsofferedthroughtheIEAsuchas
theNa-onalSportsmanshipAward,SeniorScholarships,Regional/ZoneEssayCompe--ons,etc.
D.Anonymity
Onceastudentapplicantisapprovedforfinancialaid,theIEASponsoringCoachwillbeno-fiedandcanthen
no-fythestudentandthestudent’sparents.Nootherpar-eswillbemadeawareofthefinancialsupport.
E.Funding
Ini-alfundingfortheFinancialAssistanceProgramwillcomefromtheIEABenevolentFund.Inaneffortto
establishanongoingendowment,theIEAwillcon-nuetofundraiseandseekoutgrantsanddonorstosupport
thelongevityandgrowthofthisprogram.Dona-onstotheFundmaybemadeatany-methroughtheIEA
website.
Applica3onProcess:Riderfinancialaidapplica3onsfortheupcomingIEAcompe33onseasonareacceptedfromJune
1stthroughAugust15th.
1.TheIEAFinancialAssistanceApplica-onmustbecompletedandsubmi[ed.
2.Awri[enrecommenda-onmustcomeintheformofatypedle[erfromtheIEASponsoringCoach.Le[ersshould
include:student’sname,discipline,age,ridingbackgroundandbriefsummaryofthefamily’sfinancialcondi-on.
Addi-onally,theCoachshouldgiveapersonalrecommenda-ononwhythatstudentshouldbeapprovedforthis
program.
3.Acopyoftherider’sfamilyIRSTaxReturnforthepreviousyear(2016)shouldaccompanytheapplica-onandmaybe
submi[eddirectlytotheIEAExecu-veDirector.
Submittheapplica-on,recommenda-onandtaxreturnbyAugust15thtotheIEAExecu-veDirectorbymailore-mail:
IEAFinancialAssistanceProgram
RoxaneDurant
P.O.Box809
ChagrinFallsOH44022
[email protected]
Recommenda-onsmustbereceivedbyAugust15th,andcoacheswillbeno-fiedofapplica-ondecisionsbySeptember
15th.
IEAFinancialAssistanceApplica3on
DATE_______________________
STUDENT-RIDERAPPLICANT:
NAME___________________________________________________________________
ADDRESS____________________________________________________________________________
CITY______________________________________STATE_________________ZIP_________________
PHONE____________________________________E-MAIL___________________________________
DATEOFBIRTH______________________________
IEASPONSORINGCOACH:
NAME______________________________________________________________
ADDRESS_____________________________________________________________________________
CITY______________________________________STATE________________ZIP____________________
PHONE____________________________________E-MAIL_____________________________________
TEAMNAME________________________________________________________________________
STATEMENTANDSIGNATUREOFIEASPONSORINGCOACH
“AstheIEASponsoringCoachofthisstudent-riderapplicant,IagreetothetermsoftheFinancialAssistanceProgram.”
Coach’sSignature________________________________________________________________
FINANCIALINFORMATION(tobecompletedbyparent/guardianofstudent-riderapplicant)
PLEASENOTETHATANYINFORMATIONPROVIDEDHEREISSTRICTLYCONFIDENTIALANDWILLBEUSEDONLYTO
EVALUATETHEFINANCIALNEEDOFTHEAPPLICANT.
*Inaddi-ontotheinforma-onbelow,acopyoftherider’sfamily2016IRSTaxReturnshouldaccompanythe
applica-onandmaybesubmi[[email protected]
RoxaneDurant:P.O.Box809,ChagrinFalls,OH44022.
PARENT/GUARDIANANNUALINCOME___________________________
INCOMEFROMOTHERSOURCES(PLEASEINCLUDERENTALINCOME,INTERESTINCOME,PAYMENTSRECEIVEDFROM
ALIMONYANDANYOTHERINCOMEFROMOTHERSOURCES)
SOURCE
AMOUNT
ASSETS
BANKBALANCE(s)
INVESTMENTS
REALESTATE
OTHER
DOYOURENTOROWNYOURHOME?_____________________
PLEASELISTBELOWYOUAPPROXIMATEMONTHLYEXPENSES:
EXPENSE
AMOUNT
MonthlyInvoiceforCoach’sReimbursement
Date_________________
Coach’sName_________________________________
TeamName__________________________Student-RiderName____________________________
Lessonfeesrequestedforreimbursement $___________
DateofLesson
Fee
DateofLesson
Fee
EntryFees(listshows)$__________
DateofShow
NameofShow/Host
Fees
DateofShow
NameofShow/Host
Fees
ZoneFinalsTravel$____________
Na-onalFinalsTravel$_________
Thisformshouldbesubmi[edto:
RoxaneDurant,IEAExecu-veDirector
TOTALAMOUNTREQUESTED$__________
Pleasemakereimbursementcheckpayableto:
MailingAddress:
P.O.Box809
ChagrinFallsOH44022
Name_______________________________
Or
Address______________________________
Address______________________________
E-mail:[email protected]
Approvedpaymentswillbemailedwithin30days.