The Dan Calugar Finance Scholarship

The Daniel G. Calugar Foundation is proud to offer the Academic Achievement Merit Scholarship providing an opportunity for ten outstanding freshmen entering college in the fall semester of each academic year to receive $10,000 each to be applied to their college tuition. This scholarship program aims to recognize academic excellence, motivation, and clear career objectives.

Eligibility
To apply for this scholarship, students must meet the following criteria:
Applicants must be US Citizens.
A minimum score of 1500 on the SAT or a 34 on the ACT exam is required. Please submit a copy of your exam score with your scholarship application.
A $10,000 scholarship check will be paid directly to the US college or university at which the applicant is accepted for full time enrollment with a designation to apply the funds toward payment of the applicant’s tuition.
The Foundation intends to award 10 scholarships per academic year, so qualified applicants are encouraged to apply in a timely manner.

Guidelines
Please submit an email to Scholarship@DanCalugarFoundation.org containing a concise account, within a 2000-word limit, of your career objectives, goals, and how your college experiences will contribute to their attainment.
Furthermore, the email should incorporate a response, also under 2000 words, to the following prompt:
From 1950 to 2007, the annual average ratio of federal debt to GDP was 45%, and that ratio was 45% in 2007 as well. In March of 2023, the US federal debt was 119% of GDP. Is the current level of US federal debt to GDP, and the trend for that ratio to increase from 2007 forward, a problem that needs to be addressed? If so, how would you recommend that it be addressed? If the current ratio and the trend over the past 15 years is not a problem, what level would you consider problematic and why?

Source: https://www.dancalugarscholarship.com/#3

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