BY-LAWS

Leo J. Monty Scholarship 

NAME

1. The name of this scholarship shall be, “The Leo J. Monty Scholarship”.

PURPOSE

1.     The purpose of this scholarship is to encourage members in good standing of AFE, Boston Chapter 33 to further their careers by taking approved / accredited courses in career advancing educational activities. Immediate family members of AFE Chapter 33 members in good standing shall also be eligible.

2.     AFE Region 8 Student Chapter members may be eligible for scholarship awards consideration at the discretion of the Scholarship Committee.

3.     Any type of course, class, or seminar that is engineering related may qualify. Final approval of the validity or appropriateness of the course is at the discretion of the Scholarship committee. Applicant must successfully complete approved educational activity.  All study must be at an approved facility or provider, including AFE sponsored courses.

SCHOLARSHIP COMMITTEE

1.      The scholarship committee will consist of a minimum of three members. They shall include two independent trustees and one member appointed by the elected President of AFE Chapter 33. The two trustees and appointed member shall each have an equal vote on the Committee. The Scholarship Committee shall elect a President, Treasurer and Clerk.                         

2.      The elected Chapter President, with the approval of the executive committee, appoints the member. 

3.      A quorum of two members is required at all meetings.

4.      Approval of scholarship funds must be by majority vote of the Committee.

5.      The Committee will meet when necessary to evaluate applications but at a minimum of two times per year.

6.      One month prior to the award of a scholarship the Committee will evaluate the validity of the course, or seminar, and issue a notice to the applicant that the application has been approved or denied in written form.

7.      Applications will be accepted at any time during the year. 

8.      Applications shall be submitted directly to the Committee Chairperson.

9.      The Treasurer will be responsible for all financial records of the Organization.

10.  The Organization shall fund raise through various endeavors.

APPLICANTS

1.      Applicants must be members in good standing of Boston Chapter 33 for at least 1 year before applying for scholarship funds for themselves or family members.

2.      Applications should be submitted on approved forms and should include official course description including costs and any other pertinent information

3.      Applicants for any of the AFE certifications are exempt from this rule.

4.      Members are eligible for only one award per calendar year.

THE SCHOLARSHIP

1.     Scholarship amounts awarded shall be at the discretion of the Scholarship Committee.

2.     Funds will be dispersed, by check, directly to the applicant after proof of successful completion of the course work, for tuition and other costs. 

Management of Funds

1.     All the Organization’s funds should be kept in accounts under the Organization’s name. The account will have a minimum of two designated signers. 

2.     Checks over $2,000.00 will require two signatures, one of which will be the Treasurer.

 

AMENDMENTS TO THESE BY-LAWS

1. Recommended changes to the By-Laws may be presented at any meeting and voted upon at the next scheduled meeting.