The UK Texas Exes were the first International Exes Chapter EVER to award a Chapter Scholarship to an incoming UT Student.

 

For the '04-'05 school year, UKTE awarded London American Community School Senior Melissa Malejan with a $800 Co-Op Book Award and this is just the beginning!  We have already begun our fund raising drive for our '05-'06 awards and we need YOUR SUPPORT

 

Program Objectives:

1) To give back to our local community - the residents & citizens of the United Kingdom - by providing financial assistance to accomplished incoming undergraduate freshmen to the University of Texas at Austin

2) Through this financial assistance, to raise the profile of UT-Austin in the UK and encourage US Ex-Pat and British students to consider UT-Austin as their choice for their undergraduate education

3) Make Scholarship Fund Raising an inherent component of all UKTE activities - all events and activities should include a scholarship fund-raising component

4) For each Scholastic year, to award 2 incoming freshman sufficient assistance to cover "books & supplies" per UT-Austin's official estimate for these expenses

5) To utilise the Texas Ex-Students Association's $500/year matching funds to further leverage our fund raising activities

6) To pursue the long-term goal of setting up an Endowment (minimum amount required $7500 US) within 5 years therefore establishing a permanent scholarship revenue stream

 

These objectives were set at the 12 September 2004 UKTE Scholarship Steering Group Meeting

 

UKTE Chapter Scholarship Tote Board & Financial Plan as of 30 Dec '04

 

Fund Raising Campaign Year	Amount Raised (UK£)	Amount Distributed/ Target (£/$)	ESA Matching Funds Received (US$)	Total Scholarships Awarded/Target	Endowment Fund Contrib. Banked/Target(£/$)	Amount Req'd for Endowment ($7500 Needed)
'03 - June '04	£440	£225/$400	$400	1 x $800	£215/$386*	$7114
June'04-May'05	1,541 (30 Dec)	£564*/$1100	$500	2 x $800**	£726/$1485($1114)	$5629
'05-'06	-	£615*/$1100	$500	2 x $800**	£1113/$2000	$4000
'06-'07	-	£615*/$1100	$500	2 x $800**	£1113/$2000	$2000
'07-'08	-	£615*/$1100	$500	2 x $800**	£1113/$2000	0

*Estimated using Sep '04 Exchange Rate. "Banked" funds (in black) reflect the exchange rates actually realized

** $800 is the current (Sep 04) figure estimated by UT-Austin for a year's "Books & Supplies" for a student.   We have not yet calculated in inflation, interest, or FX risk

    into these initial figures, therefore these targets will be fine-tuned in the future to include these factors

 

COMING SOON: Information on scholarship candidate selection criteria & calendar of key dates

 

How YOU can help:

 

1) Attend UKTE Events: £1-3 of all events that require pre-registration will go to the UKTE Scholarship Fund.  We will also have a "Feed Bevo" Box at all events so y'all can help out with a little spare change

 

2) Make a Donation to the Cause: All donations to the UKTE Scholarship funds are US Tax Deductible as we are a 503(c) charitable organization and you will receive a letter confirming your donation

        - By Check: Please send your check indicating its a Scholarship donation made out to The

                         UK Texas Exes to:

Grant Carter

Treasurer, UKTE

255 Rotherhithe Street

Flat 16

London SE16 5ES

- By Direct Deposit from a UK Bank Account: You can send us a donation directly into the UKTE Bank Account:

 

        Payee/Beneficiary Name: UKTE Scholarship

        Reference: "(Your Initials) Scholarship", e.g. "JQL Scholarship"

        Bank Name: Natwest -Paddington Branch

        Account #: 59030089

        Sort Code: 60-80-05

 

- By Standing Order: Why not give the gift that keeps on giving and set up a monthly Standing Order?  Please use the bank information above and if possible, please make the payment on or near the 1st of each month

 

- By PayPal: UKTE's Paypal Site has all the very easy details.  Please indicate your transfer is a Scholarship Donation in the details as well as your email and postal address.  If you can, please add £2 to your donation to cover our transactions costs

3) Join the UKTE Scholarship Steering Committee: With our Scholarship Program still in its infancy, we would greatly value your input into Fund Raising Raising Ideas; setting award  criteria; and assisting with award selection.  Please contact the UKTE Scholarship Chair, Ann Allega at annallega@yahoo.co.uk to get involved!

 

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