The Jaech Foundation Launches Scholarship Program Exclusively Targeting Students in the Chelan Valley
Jeremy and Jacquelyn Jaech are thrilled to announce the launch of the Jaech Foundation Scholarship. After two years of legal work and IRS review, the Jaechs have reallocated funds from an educational trust established over 30 years ago to create a scholarship fund that will benefit students in the Chelan Valley. The new annual scholarship is aimed at local students looking to pursue higher education whether community college, university, or trade school. The scholarship will award up to a total of $50,000 in 2022 and is open to current high school seniors. Provided recipients meet eligibility requirements, they will continue to receive additional funds in subsequent years. As a result, the total amount awarded each year by the scholarship will progressively be larger.
“We’ve been fortunate in our past business endeavors and have viewed Harmony Meadows as a way to invest in our community and make a difference in the lives of the people who live here,” said Jaech. “We see this scholarship as another way to continue investing in our dual passions for healthy lifestyles and higher education. We’re thrilled that this scholarship can provide more educational choices for local families to prepare their children for a successful future.”
To apply, students must complete an application essay that describes their personal history, accomplishments, and educational and career goals. They must have at least a 3.0 cumulative grade point and live in the Chelan Valley. Information about the scholarship is available at both the Chelan and Manson High School college counselors’ offices.
About The Jaechs
The Jaechs have demonstrated their commitment to the Chelan Valley by opening and operating Harmony Meadows Resort located in Manson. This resort was created to be an economic driver for the community by creating a compelling tennis destination for tourism, and to provide free tennis programs and facilities to the local schools. The Jaechs are passionate about education and physical exercise and understand the importance of creating a social environment around each to motivate those passions in others.
For the past several years, Harmony Meadows has enabled the creation of and hosted the Manson High School Tennis Team since the team does not have tennis facilities of their own. Harmony Meadows also provides a free, multi-week after-school tennis program for primary school students and subsidized instruction over the summer for all ages to spark the creation of a strong tennis culture among the youth of the Chelan Valley.
All scholarship applications must be received on or before May 1st prior to the start of the applicable academic year. Applications received after the deadline date will not be considered.
Eligible Applicants must:
- Have a high School Diploma, GED, or Certificate of Completion
- Have at least a 3.0 Cumulative GPA
- Be enrolled or accepted for admittance at a college, university or trade school that maintains a regular faculty and established curriculum, and has an organized body of students in attendance
- Complete an application by the May 1st deadline
- Be a resident of Washington state resident for tuition purposes
Selection Criteria & Decisions. Selection decisions shall be made by the Jaech Foundation board of directors upon advice of an advisory committee appointed by the board consisting of community members and education experts. The selection process shall apply all policies fairly with uniformity, approve or deny scholarship awards, and determine the amount of funding in accordance with the policies stated herein. The selection criteria used by the Jaech Foundation includes prior academic performance, recommendations from instructors, financial need, and the conclusions that the Jaech Foundation board of directors may draw from a statement of purpose as to the individual’s motivation, character, ability and potential.
Scholarship Uses. A scholarship is for tuition, fees, books, supplies and equipment as required for courses. Scholarship funds may not be used for any other expenses, such as travel expenses, or room and board or any optional supplies such as a laptop. The Jaech Foundation Board of Directors will make all determinations regarding what expenses will be covered by the scholarship and in what amount. Any scholarship funds that are not used for qualified purposes must be returned to Jaech Foundation.
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