|
Frequently Asked Questions
About Our Scholarship Program
What is Texas Mutual Insurance Company?
Why was the scholarship program launched?
Who is eligible for the scholarship?
What are the criteria for the scholarship?
When may I apply?
How long is the scholarship for?
What does the scholarship cover?
How is the scholarship money distributed?
What are lifetime income benefits?
Where can people obtain applications?
What is Texas Mutual Insurance Company?
Texas Mutual Insurance Company is the state's leading provider of workers’ compensation insurance. Preventing workplace accidents and minimizing their consequences are important parts of the company's mission.
Back to top
Why was the scholarship program launched?
The scholarship program is part of our long-term commitment to Texas employers, injured workers and their families. We hope to assist scholarship recipients in building a stronger future through education.
Back to top
Who is eligible for the scholarship?
Surviving, unmarried spouses and children of a person who died as a result of a compensable work-related accident or illness; and persons whose injuries qualify them for lifetime income benefits under Section 408.161 of the Texas Workers’ Compensation Act, their spouses and unmarried children.
Back to top
What are the criteria for the scholarship?
The person’s death or injury must have resulted from a compensable injury or illness. Children must be unmarried and be between the ages of 16 and 25, and all persons must meet academic standards set by the Selection Committee. In cases of workplace fatalities, surviving spouses must be unmarried and still be eligible for workers’ compensation benefits to be eligible for scholarship consideration.
The scholarship program and all awards are totally discretionary and may be altered or discontinued at any time without notice.
Back to top
When may I apply?
Qualified persons may apply immediately. Scholarships are awarded on basis of need and other criteria throughout the year, as funds are available.
Back to top
How long is the scholarship for?
The scholarship is good for one year, but the applicant must maintain acceptable grades each quarter or semester, as applicable, in order for it to continue. The applicant may re-apply at the end of one school year for the scholarship for the following school term. Renewals are contingent upon availability of funds.
Back to top
What does the scholarship cover?
Scholarship awards vary for undergraduate colleges and technical or vocational schools and depend largely on the needs and educational expenses of the student. Scholarships are intended to cover normal undergraduate, technical or vocational school tuition and fees. Financial assistance also is available for course-related books and supplies, up to $500 per semester.
Back to top
How is the scholarship money distributed?
Tuition and fee scholarship awards will be provided directly to the college or technical school. Financial assistance for course-related books and supplies is through reimbursement to the student upon receipt of satisfactory documentation.
Back to top
What are lifetime income benefits?
Lifetime income benefits are paid until the death of the employee for a compensable injury or illness that results in:
- total and permanent loss of sight in both eyes;
- loss of both feet at or above the ankle;
- loss of both hands at or above the wrist;
- loss of one foot at or above the ankle and the loss of one hand at or above the wrist;
- an injury to the spine that results in permanent and complete paralysis of both arms, both legs, or one arm and one leg;
- an injury to the skull resulting in incurable insanity or imbecility (related to a compensable injury that occurred before September 1, 1997);
- a physically traumatic injury to the brain resulting in incurable insanity or imbecility (related to a compensable injury that occurs on or after September 1, 1997); or
- third-degree burns that cover at least 40 percent of the body and require grafting, or third-degree burns covering the majority of either both hands or one hand and the face (related to a compensable injury that occurs on or after June 17, 2001).
Back to top
Where can people obtain applications?
Click here to download an application, or call or write for an application.
Texas Mutual Insurance Company
Office of the President
6210 East Highway 290
Austin, Texas 78723-1098
(800) 859-5995
INTERESTED APPLICANTS SHOULD APPLY AS SOON AS POSSIBLE
Back to top
Texas Mutual® is a registered service mark of Texas Mutual Insurance Company.
|