Scholarship Awards

All awards are in the discretion of the Board and will be based, in part, on the funds available for spending, commitments to current scholarship recipients and the size of the awards.

  • Overview of Awards:  As described in greater detail and illustrated by examples below, scholarship awards are divided into two categories: minimum awards and need-based awards.
  • Size of Individual Minimum Awards:  Scholarship recipients receive a minimum award equal to THE GREATER of (1) the amount of Princeton’s full tuition and fees for the year of the award ($59,710 in 2023-2024) or (2) the amount of full tuition and fees at the college the recipient is attending, but not exceeding the full tuition, fees, living (room and board) and miscellaneous expenses (transportation, books, supplies and personal expenses) of the recipient’s college. The minimum awards are made regardless of the financial circumstances of the recipient and their family. Minimum awards are applied first to tuition and fees and, if a portion of the minimum award remains after tuition and fees have been fully covered, then the remaining portion of the minimum award is applied to living and miscellaneous expenses, as estimated by the recipient’s college. As noted above, under no circumstances will the minimum award EXCEED the sum of (1) full tuition and fees at the college the recipient is attending and (2) the recipient’s living and miscellaneous expenses. For examples of the award calculation, please see below.
  • Additional Awards for Unmet Living and Miscellaneous Expenses:  If, after the scholarship recipient’s minimum award has been fully applied, the recipient has remaining unmet living and miscellaneous expenses, they may request an additional award based upon need for those unmet living and miscellaneous expenses by providing the following financial information: 1) a copy of the determination of family contribution under the Princeton University Financial Aid Estimator (please note that this requirement applies regardless of whether the recipient has applied or been admitted to Princeton), and (2) a copy of the first two pages of their parents’ IRS Form 1040 for the calendar year before the previous calendar year.
  • Number of Awards:  Will be determined annually by the Board.
  • Renewals:  Scholarships will generally be for one year and may be renewed up to three times for a total of four years.   See our Scholarship Renewal page for more detailed information.
  • Payments: Checks made out to the education will normally be sent to the recipient.
  • Impact of Awards on Students Attending Colorado Public Colleges or Universities: They will receive full-ride scholarships for tuition, fees, living and miscellaneous expenses as the total cost of attending those institutions is less than the cost of tuition and fees at Princeton University.
  • Examples:  The following examples illustrate how scholarship awards are computed. For simplicity, it has been assumed that Princeton’s tuition and fees are at their 2019-2020 level, $51,870:
    • Example 1:  The total cost (tuition, fees, living and miscellaneous expenses) of attending College A is $40,000. Since $40,000 IS LESS than $51,870, the full cost of tuition and fees at Princeton, the recipient will receive a full-ride scholarship of $40,000. No family contribution will be required and no personal or family financial information will have to be submitted.
    • Example 2:  Tuition and fees at College B are $40,000. The total cost (tuition, fees, living and miscellaneous expenses) of attending College B is $55,000. The recipient will receive a minimum award of $51,870, equal to full tuition and fees at Princeton University. In addition, the recipient may apply for a need-based award to cover part or all of the difference between the $55,000 total cost and the minimum award of $51,870. For this purpose, the recipient will need to submit a calculation of family contribution using the Princeton University Financial Aid Estimator and other required documentation.
    • Example 3:  The full cost of tuition and fees at College C is $52,000 and the total cost (tuition, fees, living and miscellaneous expenses) of attending College C is $65,000. The recipient will receive a minimum award of $52,000 equal to full tuition and fees at College C. In addition, the recipient may apply for a need-based award to cover part or all of the difference between the $65,000 total cost and the minimum award of $52,000. For this purpose, the recipient will need to submit a calculation of family contribution using the Princeton University Financial Aid Estimator and other required documentation.
  • Congruence with Princeton Goree Scholarship: The Board has always believed that there must be equity in awards made under the Mary John Goree Las Animas County Scholarship (the “Las Animas Goree”) and its sister scholarship, the Mary John Goree Scholarship at Princeton University (the “Princeton Goree”). This equity is achieved in two ways. First, minimum awards under the Las Animas Goree can be NO LESS than the cost of tuition and fees at Princeton (which is the minimum award under the Princeton Goree) unless the cost of tuition and fees at Princeton EXCEEDS the cost of a full-ride scholarship (tuition, fees, living and miscellaneous expenses) at the recipient’s college. Second, if the minimum award does not cover all of the recipient’s living and miscellaneous expenses and the recipient applies for a need-based award, the Princeton University Financial Aid Estimator is used to determine the recipient’s family contribution to ensure that Las Animas Goree recipients do not have higher family contributions for need-based awards than recipients of the Princeton Goree.

For frequently asked questions, visit our FAQs page or submit an application.