The Dependent Scholarship Program
Nevada Gold Mines LLC established a program to assist the children of Nevada Gold Mines LLC or Barrick Gold of North America employees who are planning to pursue higher education at a two-year or four-year college or university or vocational-technical school.
The Dependent Scholarship Program
The program is administered by Scholarship America®, the nation’s largest designer and manager of scholarships and other education support programs for corporations, foundations, associations, and individuals. Eligibility for individual programs is determined at the sole discretion of the sponsor and eligible applications are reviewed by Scholarship America’s evaluation team.
About the Scholarship
The Dependent Scholarship opens twice per academic year:
- March–May:
- Eligible for funding for the entire upcoming academic year (August–May) with a transcript meeting all the requirements below for the preceding academic year. (Reapply the following March)
OR - Eligible for funding for the fall semester only with a transcript meeting the requirements below in the preceding spring term. (Reapply the following December)
- Eligible for funding for the entire upcoming academic year (August–May) with a transcript meeting all the requirements below for the preceding academic year. (Reapply the following March)
- December–January:
- Eligible for spring semester funding only with a transcript meeting the requirements below in the preceding fall term. (Reapply the following March)
Eligibility
Applicants to The Dependent Scholarship Program must meet the following criteria:
- Be a dependent* child, unmarried and under the age of 26, of a permanent, full-time, active employee of Nevada Gold Mine LLC or Barrick Gold of North America, Inc. at the time of employment verification.
** Dependent is defined as a child, including an adopted child, stepchild, or child for whom the employee is the permanent legal guardian. - Be a graduating high school senior or a high school graduate, a recipient of a General Education Diploma (GED), or a current undergraduate.
- Be enrolled or plan to enroll in a full-time (12 credits or more per semester/term or equivalent) course of study at an accredited two- or four-year college/university or vocational-technical school. (US and international schools accepted.)
- Current undergraduates must have earned 12 credits and a 2.5 GPA on a 4.0 scale (or equivalent) in the semester or year prior to funding.
Awards
Award Information and Selection Criteria
Education assistance awards will be granted to all students who meet the eligibility requirements.
Award amounts will be granted based on the type of college the student is attending:
| Academic Program Type | Award Amount |
|---|---|
| Vocational/Technical School | $2,000 per year ($1,000 per semester) |
| 2-year College/University | $2,000 per year ($1,000 per semester) |
| 4-year College/University | $6,000 per year ($3,000 per semester) |
Financial need is not considered.
Students may receive education assistance a maximum of five years or until a bachelor’s degree is earned, whichever occurs first.
If both parents work for Nevada Gold Mines LLC and/or Barrick Gold of North America, Inc., the applicant may receive only the maximum award amount per year.
Awards can be used for any education-related expenses. Once tuition, fees and other on-campus expenses have been met, additional funds may be released to the student for other education-related expenses.
Awards are for undergraduate study only.
Obligations
Recipients are required to supply Scholarship America with complete transcripts, when requested, and to notify Scholarship America of any changes of address, school enrollment or other relevant information.
Notification
March–May Application (Full Academic Year or Fall Semester Only):
- Applicants will be notified by email in May
December–January Application (Spring Semester Only):
- Applicants will be notified by email in January
Notifications are sent via email. Successful applicants will have met all eligibility requirements. When setting up your account, avoid using a school or work email. Instead, use an active, personal email address that you will continue to have access to.
Please make sure to add studentsupport@scholarshipamerica.org as well as the program email address as safe senders in your email contact list.
Applicants must consent for their data to be shared with the program sponsor and used for purposes of research on the impact of scholarship.
Payment of Scholarships
March-May Application (Full Academic Year or Fall Semester Only):
- Payments are made in late July
December-January Application (Spring Semester Only):
- Payments are made in January
Payments are made after Sponsor verification of parental employment. Scholarship America and Nevada Gold Mines LLC cannot guarantee that checks will be received by tuition deadlines. Should deadlines occur prior to receiving the scholarship payment, students should submit their notification email from Scholarship America to their school as proof of a forthcoming award.
Payments are made payable to the educational institution and mailed to the student’s address as it appears on their application. Students are responsible for notifying Scholarship America if their mailing address is different than that on their application.
Students must reapply each academic year they meet eligibility requirements.
Tax Treatment
Awards are taxable income to employees of Nevada Gold Mines LLC and Barrick Gold of North America whose dependent children receive a scholarship award. Taxes will be applied to a paycheck of the Nevada Gold Mines LLC or Barrick Gold of North America employee. To understand tax liability, recipients are encouraged to contact a financial advisor or tax professional at their own cost.
Requirements
As part of your application, you must upload the following documents:
March–May Application (Full Academic Year or Fall Semester Only)
- High School Seniors / GED Holders must provide:
- A complete high school transcript or GED report showing your name, school name, courses, grades, and all completed terms at the time of the application.
- Current Undergraduate Students:
- A complete college transcript showing your name, school name, courses, grades, and all completed college terms at the time of the application.
- A class schedule for the upcoming term (must include your name, school name, courses, and term). This can be part of the transcript or a separate document.
December–January Application (Spring Semester Only)
- High School Graduates / GED Holders (not yet in college):
- A complete high school transcript or GED report showing your name, school name, courses, grades, and all completed terms at the time of the application.
- A class schedule for the upcoming term (must include your name, school name, courses, and term).
- Current Undergraduate Students:
- A complete college transcript showing your name, school name, courses, grades, and all completed college terms at the time of the application.
- A class schedule for the upcoming term (must include your name, school name, courses, and term). This can be part of the transcript or a separate document.
Your application is not complete unless all required documents are submitted electronically through the Scholarship America Student Hub.
You will receive an email confirming your application has been received. If Scholarship America requires additional information/documents, you will receive a follow up email. Be sure to respond to any requests for information promptly. Failure to respond to information requests in a timely manner may prevent you from receiving an award.
