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.

  • Important Changes Beginning 2017-18:  Beginning in the 2017-18 academic year, new rules for determining scholarship awards will go into effect that will result in scholarship awards for all recipients, first-time and renewing, that will be equal or greater in all cases than they would have been under our previous rules. These new rules are described in greater detail below. Most significantly, the new rules provide that all recipients (first-time and renewing) whose total estimated costs for tuition, fees, living expenses (room and board) and miscellaneous expenses (transportation, books, supplies and personal expenses), as published by their college, ARE LESS than the amount of Princeton University’s tuition and fees for the year of the award ($47,500 in 2017-18) will receive a full-ride scholarship award for tuition, fees, living expenses and miscellaneous expenses without regard to the recipient’s or their family’s financial circumstances. Among the recipients who will benefit from this change are students who attend public colleges and universities within Colorado. 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. Please see below for more information.
  • Size of Individual Minimum Awards:  Beginning in the 2017-2018 academic year, scholarship recipients will 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 ($47,500 in 2017-18) or (2) the amount of full tuition and fees at the college the recipient is attending, but not exceeding the full tuition, fees, living and miscellaneous 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), (2) a copy of the financial aid award letter from the recipient’s institution and (3) a copy of the first two pages of their parents’ IRS Form 1040 for 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.  As described above, beginning in the 2017-18 academic year, the Board simplified the process for renewing scholarship awards for living expenses (room and board) and miscellaneous expenses (transportation, books, supplies and personal expenses).  See our Scholarship Renewal page for more detailed information.
  • Payments: Checks will normally be sent to the educational institution of the recipient.
  • 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 2017-2018 level, $47,500:
    • Example 1:  The total cost (tuition, fees, living and miscellaneous expenses) of attending College A is $40,000. Since $40,000 IS LESS than $47,500, 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 $47,500, 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 $47,500. 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 $50,000 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 $50,000 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 $50,000. 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.