Overview
What is Student Financial Aid Association?
The Student Financial Aid Association is a nonprofit organization situated in Evansville, Indiana, specifically at 501 Main Street Suite 305. Their primary mission is to provide scholarships to students pursuing higher education at colleges or trade schools. These scholarships are designed to cater to students with significant financial needs that exceed existing scholarships, grants, and loans. The nonprofit considers academic achievement in high school, college, or trade school, and SAT or ACT test scores, ensuring equal opportunities for all, regardless of sex, race, religion, or national origin. The areas of emphasis for these scholarships include teaching, music, sciences, nursing, and building trades.
Is Student Financial Aid Association legitimate?
Student Financial Aid Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Student Financial Aid Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Student Financial Aid Association?
The Student Financial Aid Association's mission is centered around providing scholarships to students attending colleges and trade schools who have significant financial needs beyond what other scholarships, grants, and loans can cover. The association awards these scholarships based on academic achievements in high school, college, or trade school, as well as SAT or ACT test scores. The organization does not discriminate based on sex, race, religion, or national origin. The areas of emphasis for these scholarships include teaching, music, sciences, nursing, and building trades. The aim is to help talented and financially disadvantaged students pursue their education in these fields.
What is the revenue of Student Financial Aid Association?
Student Financial Aid Association's revenue in 2023 was $120,502.
Who are the executives of Student Financial Aid Association and what are their salaries?
There 9 volunteers at Student Financial Aid Association.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Student Financial Aid Association?
Student Financial Aid Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Student Financial Aid Association
The Student Financial Aid Association, with its mission, aims to alleviate the financial burdens of students pursuing higher education in colleges and trade schools. This organization extends scholarships to those individuals who have substantial unmet financial needs, surpassing the aid provided by other scholarships, grants, and loans. The eligibility for these scholarships is based on the students' academic accomplishments in high school, college, or trade school, as well as their scores in the SAT or ACT tests. The Association does not discriminate on the basis of sex, race, religion, or national origin, ensuring that merit is the sole deciding factor in the scholarship distribution process. The areas of emphasis for this organization include teaching, music, sciences, nursing, and building trades. By providing these scholarships, the Student Financial Aid Association plays a significant role in fostering educational opportunities for students who might otherwise be financially incapable of pursuing their chosen fields of study.
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Impact
October, 2024
The Student Financial Aid Association significantly impacts the educational landscape by providing essential scholarships to college and trade school students with high unmet financial needs. By focusing on individuals who may lack sufficient funding despite qualifying for other scholarships, grants, and loans, they fill a critical gap in financial support.
Their scholarship selection process is merit-based, recognizing academic achievements and standardized test scores, and is inclusive of all students regardless of sex, race, religion, or national origin. This commitment to equity ensures that a diverse range of students can access the education and training necessary for success in various fields.
Particularly, by emphasizing areas such as teaching, music, sciences, nursing, and building trades, the Student Financial Aid Association not only supports individual dreams but also contributes to the development of skilled professionals who are vital to our communities. In essence, their efforts help to foster a more educated workforce, drive economic growth, and promote social mobility for students from all backgrounds.
This information is meant to be a general summary of Student Financial Aid Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $74,781
- Gross Receipts: $120,502
Assets and Liabilities:
- Total Assets: $527,282
- Total Liabilities: $0
- Net Assets: $527,282
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Organization Details
Founding Year
1958
Principal Officer
Michael Dirienzo
NTEE Category
Code: B82Z - Education
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