Higher Education Scholarships
For over a decade, the Foundation has focused on making a positive impact in the lives of bookstore employees by offering higher education scholarships based on financial need, academic performance and community involvement. Scholarships have been awarded to bookstore employees and their dependents for full-time or part-time study at any accredited institution in the United States.
Over $1.9 million has been awarded to help defray the costs of higher education for more than 680 individuals. These booksellers and their family members received scholarship awards to help them achieve dreams of becoming educators, writers, engineers, doctors and more.
2018 Scholarship Program
The Binc Foundation is accepting applications from January 14, 2018 until March 5, 2018 for the 2018 Binc Foundation Scholarship Program. The program will offer up to 27 higher education awards totaling $109,000 to eligible current bookstore employees/owners and their dependents as well as eligible former Borders Group employees and their dependents. As part of the scholarship program, awards may be used for tuition, fees, books, supplies and room and board.
Awards will be given as follows:
- Twenty-Four awards of $3,500 each
- Two awards of $10,000 each to the top two candidates overall. At least one (1) of the $10,000 awards will be granted to an Industry affiliated applicant.
- One Karl Pohrt Tribute Award of $5,000 will be awarded to a independent bookseller who has overcome learning adversity or is a non-traditional student.
Applicants to the Binc Foundation Scholarship Program must be one of the following:
- Current employees and/or owners of retail bookstores in the U.S., or their dependents*, who have a minimum of 90 days of continuous employment at a bookstore. The bookstore must have a bricks and mortar presence in the U.S. and have a substantial portion of the store’s revenue coming from the sale of books. Employees must be employed directly by the bookstore at the time employment is verified.
- Former full-time or part-time Borders Group employees, or their dependents*, who were employed with Borders Group at any point during the 2011 calendar year and who had a minimum of one year employment with the company
*Dependents include children aged 25 and under, spouses and qualified same-sex partners.
In addition to the requirements listed above, all applicants must meet the following criteria:
- Be high school seniors, graduates, current post secondary undergraduates or graduate level students.
- Plan to enroll in full-time or part-time undergraduate or graduate study at an accredited two or four-year college, university or vocational-technical school for at least half of the 2016-2017 academic year.
Scholarship Management Services (SMS) will again conduct the 2017 scholarship program. The evaluation process will utilize selection criteria including: financial need, prior academic achievement and leadership capabilities (including participation in school and community activities) work experience and a statement of career and educational goals and objectives, and unusual personal or family circumstances.
Eligible students interested in applying are encouraged to visit https://www.scholarsapply.org/binc for full details.
Past Higher Education Scholarship winners
Professional Development Scholarships
The Foundation believes that the future of healthy bookstores lies in the continuing education of the owners and employees. To encourage further business development and growth, the Foundation offers scholarships for the following professional events.
New for 2017, the Macmillan Booksellers Professional Development Scholarship aims to strengthen the industry by encouraging a greater number of individuals from underrepresented groups to choose and/or continue careers in bookselling. The scholarship will allow up to one bookseller to attend each of the fall regional trade shows. Deadline for applications is July 17, 2017. Click here to apply.
Scholarships to help cover room, meals and travel expenses are provided by the Foundation. Congratulations to our 2013 winners! Check back in 2014 for updated entry rules.
Selected in partnership with the American Booksellers Association, the Binc Foundation will offer scholarships to cover room, meals and travel expenses to Children’s Institute. The scholarship winners are selected by the ABA and their names provided to Binc. The current ABA rules and regulations apply for these selections.
In conjunction with the American Booksellers Association, the Binc Foundation will offer scholarships to help cover room, meals and travel expenses to BEA. Rules and regulations for these selections will be announced in March.
Scholarships to help cover room, meals and travel expenses to the regional IBA Fall Conferences are offered by the Foundation.** The scholarship winners are selected by each regional IBA and their names provided to Binc. All current regional IBA rules and regulations apply for these selections.
* * These scholarships are provided for where available. Not all regional IBAs offer a scholarship program. Check with your regional IBA for information on how to apply.