Palumbo Family Foundation Scholarship Program
Scholarship Sponsored by Palumbo Family Foundation
The Palumbo Family Foundation is committed to supporting two key needs in the Chicagoland community, one of which is helping talented students from lower-income households by awarding scholarships. These awards enable many young people to pursue further education who otherwise might not have the means to do so.
Who may apply
- Eligible applicants include high school seniors, individuals holding GED diplomas, students enrolled in two- or four-year undergraduate programs, and those attending vocational or trade schools, provided they meet the conditions listed below.
Basic eligibility and documentation requirements
- Residency: Applicants must have been a permanent resident of one of the following Illinois counties for at least six months before the application date: Cook, DuPage, Kane, Lake, or Will. Finalists will be required to provide proof of address.
- Citizenship: Applicants must be U.S. citizens. Finalists must submit documentation confirming citizenship.
- Academic standing: A minimum cumulative GPA of 3.0 is required. Finalists must provide an official transcript showing a GPA of at least 3.0.
- Income verification: If named a finalist, you must submit your 2022 Federal 1040 income tax return showing an adjusted gross income of $65,500 or less and indicating that the applicant is claimed as a dependent (federal tax exemption). NOTE: The 1040 is the only form of income verification that will be accepted.
- Enrollment timeline: Applicants must be planning to begin coursework—either full-time or part-time—at an accredited two- or four-year college, university, or vocational/technical school during the fall 2024 term or any time up through February 1, 2025.
- References: Finalists are required to provide two or more references from individuals such as a teacher, coach, leader of a religious organization, or a supervisor from a community service program.
- Publicity consent: Finalists must agree to allow their name and photograph to be used in Palumbo Family Foundation promotional materials, including but not limited to website posts, annual newsletters, and fundraising event programs.
Please make sure you meet all of the above criteria and can provide the requested documentation if selected as a finalist.