The Stephen Phillips Memorial Scholarship Fund provides college scholarships for students with financial need who display academic excellence, strong citizenship and character, and a desire to make a meaningful contribution to society.

·  The intent of the award is to enable students to attend college without accumulating burdensome debt.
·  In most cases, the Phillips Scholarship award ranges from $3,000 to $10,000 yearly.
·  The award is renewable for up to four undergraduate years provided a GPA on a 4.0 scale of 2.5 is maintained and financial need does not change substantially.
·  All grants must be applied to tuition and fees only and will be paid directly to the institution. 
·  High school seniors entering college and returning college students attending accredited U.S. colleges or universities are eligible to apply for the scholarship
·  Awards may only be used for undergraduate study and are limited to those seeking a first bachelor's degree.
·  Awards will only be granted to applicants who are permanent residents of New England: Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island, or Vermont; however, recipients may attend college anywhere in the United States
·  While preference is given to applicants from Salem, MA, and a small number of cities and towns north of Boston, all qualified applicants are considered for an award.

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Financial Need 
Qualifying applicants will have one or more of the following:
·    Substantial unmet need
·    Heavy student loan burden
·    Special financial circumstances
·    Low EFC (Expected Family Contribution) from the FAFSA Student Aid Report
 

Academic Excellence 
Applicants should:
·    Have a GPA of 3.0 or higher on a 4.0 scale
·    Be enrolled in a demanding course of study
·    Demonstrate skilled writing ability

Citizenship, Character and Serious-Mindedness 
Applicants should:
·    Demonstrate a desire to make a meaningful contribution to society both present and future
·    Be involved in a balance of community, school and work activities
·    Pursue goals and aspirations with integrity, resolution, self-discipline and judgment
·    Earn money for college expenses through part-time work