Michigan Association of College Stores
Application for Financial Assistance
MACS Financial Assistance Program
Consistent with its objectives as stated in the Constitution, the Michigan Association of College Stores has set up a financial assistance fund to assist its members in attending meetings sponsored by MACS or NACS. Awards will be made on the basis of applications received and monies available. All awards will be approved by the MACS Board of Trustees or an authorized committee. (Effective November 6, 1989.)
Procedure:
1. The Board shall review the funds available and decide whether any awards can be made.
2. When funds are available, the Board shall actively solicit applicants at the MACS meetings and through other MACS correspondence.
3. The Board shall investigate funding sources for the financial assistance fund.
Guidelines for Application:
1. Applicants must be members in good standing of MACS.
2. The completed application must be submitted to the Board a minimum of 60 days prior to the event to allow for Board discussion and approval or denial.
3. Awards of up to $150.00 each (or up to $600.00 annually) for attendance to MACS meetings will be granted for registration costs, lodging and meals. Awards will not exceed reasonable, estimated expenses. The applicant will pay travel costs. $300 will be reserved for the spring meeting and another $300 will be reserved for the fall meeting. If, however, unused money is leftover from the spring meeting, then the unused funds will be available for the fall meeting. If any monies are left at the end of a fiscal year (November 1 – October 30), the unused awards do not roll over to the next year. The application must document registration costs, as well as lodging and meals.
4. The awards for NACS events are on a challenge basis with MACS matching all money provided by the institution or firm up to a maximum of $300.00, or one half the cost of the event, whichever is less. A maximum of three (3) $300.00 awards for attendance at NACS events will be granted for registration costs, lodging and meals. The Secretary of the Association will process applications for these awards. The application must document registration costs, as well as lodging and meal costs.
5. An individual store or vendor cannot receive more than one financial assistance award within two consecutive fiscal years.
6. In the event that the number of qualified applicants exceeds the funds available, as determined by the Board, preference will be given to those individuals with the greatest need.
7. Applications for Financial Assistance are available from the Secretary of the Association.
8. Completed applications should be sent to the Secretary of the Association.
9. Awards will be
issued to the sponsoring store or company, not to any individual, unless the
individual and the sponsoring store or company is one and the same.
Application for Financial Assistance
Store/Company _________________________________________________________________
Street Address __________________________________________________________________
City_______________________________ State____________ Zip ______________________
Position_______________________ Phone # ( )
e-mail ________________________ Fax # ( )
1) Registration ___________________________
2) Lodging ___________________________
3) Meals ___________________________
4) Total $___________________________
Amount of Aid requested: $____________________
(Request may not exceed 50% of line 4 above or $300 for a NACS event; nor exceed $150 for a MACS event.)
The following is to be signed by the President, Business Manager or otherwise authorized person.
To the MACS Board of Trustees, or authorized committee:
The person indicated above is recommended to receive financial assistance to attend a MACS/NACS meeting or seminar. It is my belief that the candidate and his/her operation will benefit by attendance at this event. I further certify that the employer will grant time with pay (other than vacation time), for attendance and that the funds requested are not otherwise available.
SIGNED ____________________________________________________________
TITLE _____________________________________________________________