Berkshire Hathaway Buffet Foundation Scholarship offers yearly Scholarships for an academic session, interestingly this award is to help students especially freshmen entering into college. Who lives in or graduated from Nebraska. Scroll down to read in details.
Berkshire Hathaway/Buffet Foundation
Contents
The Berkshire Hathaway Buffet Foundation is a charitable organization formed in 1964 in Omaha, Nebraska, by investor and industrialist Warren Buffett as a vehicle to manage his charitable giving.
It was renamed the Susan Thompson Buffett Foundation in honour of his wife, Susan Buffett, who died in 2004. The Susan T. Buffett Foundation has offered scholarships to college students in Nebraska for over 50 years.
Scholarships are awarded on a competitive basis to first-time freshmen entering college who live in Nebraska, graduate from a Nebraska high school (or GED) with plans to attend a Nebraska public college, and demonstrate financial need
Scholarship Name: Susan Thompson Buffet Foundation Scholarships
DESCRIPTION
You’ve probably never heard of Berkshire Hathaway (unless you are incredibly involved in financial planning and the stock market, that is), but you have likely heard of Warren Buffet, one of the richest men in the world.
In addition to being one of the best financial minds in the world, Mr. Buffet also set his sights on several philanthropic initiatives.
His late wife Susan Thompson Buffet played a large role in ensuring that their fortune was used to help some of the country’s young minds get the education that they deserve, without the added worry of having to make ends meet.
personal funding, and other scholarship awards.
Amount: $3,200
Awards per Year: Varies
The Award is open to High School Students, Undergraduate Students
Major/Field of Study: Open
How to Apply/Contact: More information about the scholarship, including more extensive scholarship criteria and access to the online application, is available at the Susan Thompson Buffet Foundation website.
ELIGIBILITY AND SELECTION
• To be eligible for the Susan T. Buffett scholarship, you must:
• Live in Nebraska and meet the in-state residency requirements of the college you plan to attend
DACA, undocumented, or DACA eligible students are still eligible to apply
Graduate from a Nebraska high school or earn a Nebraska GED
• Achieve at least a 2.0 cumulative unweighted GPA in high school
- 2.0 on a 4 point scale
- 77 on a 100 point scale
• Be a first-time freshman when entering college
• Students obtaining dual enrollment credits in high school are still eligible to apply
• Plan to attend a Nebraska public college:
• NE Community Colleges – CCC, LPTC, MCC, MPCC, NECC, NICC, SCC, or WNCC;
• NE State College System – Chadron State, Peru State, Wayne State; or
• University of NE System – NCTA, UNK, UNL, UNMC, or UNO
• Need financial assistance to attend college
NOTE: You do not need to be Pell Grant eligible to qualify
• You must have an Expected Family Contribution (EFC) below $10,000
All eligible applications are reviewed and scored. Selection is based on:
- Financial need
- Academic merit
- Personal essay
- Recommendation
Award decisions are emailed to all completed applicants by May 1st.
Berkshire Hathaway Scholarship Requirements
The 2021 application is now closed. The 2022 application will open on November 1, 2021. The requirements for the online application are as follows:
- Application forms
- One recommendation
- Student Aid Report
- High school transcript
- Consent form
• Essay requirement – a 500 to 1000 word essay that addresses specific prompts. These will be posted on the website on Nov. 1st.
Application deadline: February 1st at 5 pm CST/4 pm MST.
FAFSA & SAR
SAR (Student Aid Report) is an electronic or paper document that summarizes the information you reported on your FAFSA (Free Application for Federal Student Aid) form.
It includes your Expected Family Contribution (EFC), your estimated eligibility for federal student loans and Federal Pell Grants, and whether you’ve been selected for verification.
To be considered for a Susan T. Buffett Scholarship, you must
Complete the 2021-2022 Free Application for Federal Student Aid (FAFSA)
• Receive your 2021-2022 Student Aid Report (SAR); and
• Upload your 2021-2022 SAR to your scholarship application.
After you complete the FAFSA, you will receive your SAR that you must upload to the application before the February 1st, 5 pm CST/4 pm MST deadline.
The 2021-2022 FAFSA is available on October 1st. It is best to complete the FAFSA early so you have enough time to get your SAR and upload it to your scholarship application before the deadline.
For more information on the FAFSA, visit studentaid.gov/h/apply-for-aid/fafsa. You can see tips on how to go about your FAFSA and SAR below;
Step 1: Complete the FAFSA
• Get an FSA ID:
To complete the FAFSA online, you need an FSA ID. If you are a dependent student, you and a parent/guardian each need an FSA ID. Please visit FSAid.ed.gov.
• Fill out the FAFSA:
The FAFSA is available at studentaid.gov/h/apply-for-aid/fafsaand on the MyStudentAid mobile app.
For the 2021-2022 FAFSA, you and/or your parent/guardian must use 2019 taxes. The FAFSA usually processes in 3 to 5 days but may take longer at peak times.
To check the status of your FAFSA, return to the FAFSA website and log in as a returning user.
Step 2: Receive the SAR
• You will receive your SAR once the government processes your FAFSA, which typically takes 3 to 5 business days. Processing may take longer at peak times.
• If you completed the FAFSA online, you will receive an email letting you know that your SAR is available. Go to studentaid.gov/h/apply-for-aid/fafsa, log in as a returning user, and select “View Your Student Aid Report.” Then save the SAR as a PDF.
• If you completed a PDF or paper FAFSA, you will receive a paper copy of your SAR in the mail. This process will take longer so plan for more time needed. You must scan the paper SAR and save it as a PDF.
Check your SAR to make sure it contains:
• 5 pages
• the year 2021-2022 (only the 2021-2022 SAR will be accepted)
• an actual number of 0 or more next to EFC (Expected Family Contribution)
(If the EFC is blank or only contains a or C, the SAR is invalid and will not be accepted until it is corrected. (Contact your high school counselor for help.)
Step 3: Upload the SAR
Login to your scholarship application, go to the Student Aid Report page and upload the PDF of your SAR. You need to upload your SAR and complete the entire scholarship application by the February 1st, 5 pm CST/4 pm MST deadline.
Change in Financial Situation
If your family’s financial situation changed significantly this year, compared to what is reflected on your federal income tax return, you will need to:
Complete the 2021-2022 FAFSA;
• Contact the financial aid office of the college you plan to attend and ask to file a special circumstance appeal;
• Let us know you are filing an appeal by emailing [email protected];
• Upload a valid SAR to your scholarship application by the 2/1 deadline (even if you are still waiting on your appeal).
Note: If you cannot complete the FAFSA due to your citizenship status, please contact us at [email protected].
Online Request Forms
Students on scholarship are required to complete a request form to Study Abroad, place the scholarship On Hold, enroll in Less than 9 Hours, attend a Secondary College, and/or Transfer to a different college.
The request forms can be completed and submitted online. Please click on this link and the form will open in a new window.
Once you complete each section and hit Submit, the form will be sent to the Foundation and you will receive a response within 5 business days.
- Study Abroad Request
- On Hold Request
- Less than 9 Hours Request
- Funds for a Secondary College Request
- Transfer Request
Visit the OFFICIAL WEBSITE For more information.
The William H. Thompson Scholars Learning Community (TSLC)
In 2008, The Susan T. Buffett Foundation initiated the William H. Thompson Scholars Learning Community (TSLC) at the University of Nebraska System.
The Learning Community was named in honor of William H. Thompson, the father of Susan T. Buffett, who served as Professor of Psychology and Dean of the College of Arts and Sciences at Omaha University, now known as the University of Nebraska-Omaha (UNO).
Students who receive the Susan T. Buffett Scholarship and attend UNK, UNL, or UNO will automatically participate in TSLC. No additional paperwork is required when completing the scholarship application.
Designed to help students get the most from their university experience, the Thompson Scholars Learning Community offers students a variety of academic and social support.
Tailored to the needs and resources of each campus, the Learning Community provide important benefits like:
• Positive interaction with other Thompson Scholars
• Ongoing counseling and advisement
• Faculty interaction, support, and tutoring
• Additional student, faculty, and university activities
The Berkshire Hathaway Buffet Foundation Scholarships has created a few foundations which help to give out these scholarships also he would like to encourage kids who could not go to college in some way. These college scholarships are sometimes the only way a child can get the education they want.
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