The application period for the 2018-2020 scholarship has closed. ILR is in the process of reviewing applications and making an award. Please direct inquiries to the ODUI financial aid office.
The Institute for Learning in Retirement (ILR) is a membership organization of more than 800 members that is affiliated with Old Dominion University (ODU) as part of its continuing to education programs. The mission of the ILR is:
ILR is establishing one graduate scholarship of $4,000 a year, for two years, totaling $8,000. The scholarship will be known as the “ILR Scholarship.”
The purpose of the ILR Scholarship is to help the recipient achieve a greater potential usefulness to society and to acknowledge ODU’s role in the formation and continued support of ILR.
The scholarship is awarded to persons seeking a graduate or professional degree (Master or Doctor Equivalent) awarded by ODU.
It is ILR’s intent to help a person achieve a postgraduate degree who might not be able to do so because of a lack of financial resources. ODU has sole discretion to determine need. Need is established by submission by the applicant and processing by ODU of a Free Application for Student Aid (FAFSA).
The recipient of an ILR Scholarship must be a United States Citizen and shall be a resident of the Hampton Roads area.
The recipient shall pursue any course of study that leads to a graduate or professional degree awarded by ODU.
Recipients must have a baccalaureate degree and must be eligible for an ODU postgraduate degree program. The recipient will maintain a 3.0/4.0 grade point average to retain the scholarship.
The intent of the scholarship is to help a student to attend ODU as a full-time student. Therefore, recipients will maintain a minimum of 9 credit hours a semester except in their final semester before graduation when fewer than 9 is permitted. A waiver of this requirement will be considered by ILR upon receipt of a letter request from the recipient delivered to the ILR office via the ODU Financial Aid office. The letter request should: 1) describe the circumstances that make it difficult or impossible for the recipient to pursue 9 credit hours, and 2) describe the student’s plans for obtaining a degree.
The ILR Scholarship will pay $2,000 each semester or summer session attended toward full-time study. The ILR scholarship is a grant UNDER WHICH NO RECIPIENT MAY receive more than a total of $8,000. Regardless of the number of credit hours taken in a semester or summer session, no student may receive more than $2,000 a semester or the summer session.
There will be one ILR Scholarship active recipient at any one time. ODU will publish the ILR Scholarship as it publishes all other scholarships awarded by the University with specific reference to the ILR website. ILR will select the recipient based on the ILR criteria.
At the end of each semester as grades are available, the recipient will provide information to the ILR. This information will include name and address, Major or field of study, academic load and grade point average of the completed semester. Also included will be the cumulative GPA, expected graduation date and the degree to be obtained.
Upon receipt of the ODU report described above for the end of the Fall Semester, ILR will advise ODU by letter of the continued availability of the ILR Scholarship for the next academic year. It is ILR’s intention to continue to fund this scholarship so long as funds are available. If, however, circumstances require a reduction in funding or a cessation of the scholarship, ILR will advise ODU and the student involved at the earliest possible time. ILR will make every effort to keep the current scholarship in place until graduation or the expiration of the two years. The scholarship recipient and all other applicants will be notified no later than June 30th of the year in which they apply.
Continuation: Once granted, a scholarship remains with the grantee for two academic years so long as the recipient maintains the minimum average grade point of 3.0/4.0, is enrolled in a degree granting program, and maintains the minimum academic load of 9 credit hours in the fall and spring semesters except in the last semester. If a recipient’s GPA falls below 3.0/4.0 in one semester the scholarship MAY BE MAINTAINED FOR another semester ASSUMING A MINIMUM OF 3.0 WILL BE MAINTAINED IN THAT SEMESTER. By the following semester, the recipient is expected to regain a GPA of 3.0. The recipient may apply to the ILR for a leave of absence for up to one year to attend to family needs provided the University also approves the absence. If the recipient returns to class at the end of one year and otherwise meets the requirements, he/she will continue to receive the scholarship. During the leave of absence, the scholarship will be considered still active, belong to the recipient, but unfunded. The granted leave of absence is added to the two academic years limit stated above.
Summer Session: Attendance at the summer session is not required but will be reimbursed at the same rate as the regular session prorated on the basis of the credit hours taken divided by 9. The ILR Scholarship recipient is not required to take a minimum of 9 credit hours in the summer session. ILR Scholarship payments for the summer session do not extend or modify the maximum grant of $8,000 to each recipient
Fiscal Arrangements: Recipients may accept other grants, awards, and stipends that contribute to the student’s living costs and academic expenses.
Applications: APPLICATIONS WILL BE FORWARDED DIRECTLY TO ILR WHERE THE REQUIRED DOCUMENTS WILL BE REVIEWED FOR COMPLETENESS. APPLICATIONS NOT COMPLETE OR RECEIVED PAST THE DEADLINE WILL NOT BE CONSIDERED. IT IS THE RESPONSIBILITY OF THE APPLICANT TO OBTAIN FROM ODU THOSE DOCUMENTS. THESE INCLUDE supporting data submitted by ODU. ILR will inform the successful applicant by mail of his/her selection and will inform all other applicants of their non-selection by June 30, 2018.
Disbursement: ILR will send a check for the appropriate amount to the ODU Financial Aid office to be credited to the student’s account, provided that ILR has received the required with end-of-semester information, as stated under the “Details of Scholarship” heading.
ODU will be the point of contact for any requests from the student for a leave of absence, communications relative to his/her continuation, or other communications relative to the scholarship. ODU will then forward these communications to ILR.