Benefits, Inc. was created under the Last Will and Testament of Mr.
Edward A. Whitney, a Sheridan County resident, who passed away in 1917.
Mr. Whitney directed the corporation to create a student loan
program that would help provide men and women with modest financial
assistance from the corporation's income to pursue academic and
inception of the program in 1928, through June 30, 2012, the corporation has
loaned 5,366 students approximately $33,507,674.50. For the fiscal year that ended June
30, 2012 Whitney approved interest free loans totaling $2,153,088.54 to 121
students; 96 students received loans for the first time and 25 students had
received loans previously. As of June 30, 2012, Whitney
has $16,294,959.63 in student loan monies loaned and/or committed to Sheridan
and Johnson County students.
For more information,
please select one of the following links:
Current Loan, Prospective Loan
Applicants, Apply Online, Frequently Asked Questions or Educational Programs
with a current Whitney Loan
Current Student Loan
Forms and Information
The request deadline for Fall 2015 funding for students with a current Whitney loan is October 1,
carefully read below to determine which PDF documents
to print and return to Whitney Benefits.
Please email your new address and telephone number to firstname.lastname@example.org.
information, questions, or if you are unsure which loan color
applies to you, please contact Whitney Benefits at (307) 674-7303 or by
e-mail at email@example.com.
ARE AVAILABLE TO:
accredited Sheridan / Johnson County High School.
obtained a GED from a Sheridan / Johnson County High School or Sheridan
that have had at least seven years of continuous residency in Sheridan
or Johnson County immediately prior to applying for a loan.
up to age 24 years old:
who are age 25 years and older:
have a 2.5 cumulative grade point average from high school, or
2.25 cumulative grade point average from college.
Requirements Do Exist.
have a 2.0 cumulative grade point average from high school, or
2.25 cumulative grade point average from college.
in its sole and absolute discretion, has the authority to determine
whether a student meets qualifications for loan approval.
related to Whitney Benefits Board members.
have loans with the Dodd and Dorothy L. Bryan Foundation, B.F. and Rose
H. Perkins Foundation, or any other private foundation.
- Be currently receiving a Daniels Fund Grant.
for a Student Loan Online
Whitney Benefits will
now only be accepting online applications.
When completing the
student loan application online, you will need to gather and submit the
review the Whitney Benefits Student Loan Terms and
Conditions, available as a PDF.
transcripts of all High Schools and Colleges attended.
recent IRS Form 1040 filed by Applicant, Applicant's Spouse, and both
Co-Borrowers (Please submit only the first two pages of the 1040 or
and please make sure that the copies are signed.) View
an example of the required 1040.
of enrollment (acceptance letter or schedule).
of the Cost of Attendance from the school you will be attending, if you
are attending vocational or graduate school.
of amount borrowed from the Homer and Mildred Scott Foundation Student
Loan Fund, if applicable.
attach a recent photograph.
The application deadline for Fall 2015 funding for new loans is September 1, 2015.
your application and all required documents are submitted, Whitney
staff will review them and will mail you a letter verifying that your
loan has been approved. Once you receive this letter, please
call Whitney Benefits and schedule a Loan Closing. If you submit
your application and required documents and Whitney Staff finds an
error we will contact you at the number and/or email you provide on the
application form Students
and their co-borrowers must attend the Loan Closing. At the Loan
Closing, Whitney staff will review the loan documents before the
student and their co-borrowers sign. All documents will be notarized.
The loan closing takes approximately 20 minutes. Whitney
will issue the first disbursement to the student at the loan
closing. All disbursements issued by Whitney shall be payable
only to the student. To receive all future disbursements, the
student must first provide Whitney with an official transcript or grade
report verifying that the student has earned at least 12 credit hours
and maintained a 2.25 grade point average in the preceding term.
much can students borrow in total and per semester for undergraduate or
studies? What information do you use to see how much each
will qualify for?
undergraduate or vocational school studies. Traditional
may borrow, each semester during their undergraduate education, the
Asked Questions about Whitney Loans
much can students borrow for graduate or professional studies?
students can borrow a credit limit of $40,000.
(1/2) of the annual limit established by the Whitney Trustees.
For schools on quarter systems, the annual limit shall be
one-third (1/3) instead of 1/2. The annual limit is $6,000.
students may borrow up to $24,000 over the length of their program.
These students will not be held to the annual limit.
qualify, students and the student's parents must have an adjusted gross
income from the previous year of under $200,000.
What is the
lifetime limit amount of student loans a student can borrow from
Students can borrow a
lifetime limit of $24,000 to attend undergraduate
and/or vocational school and a lifetime limit of $40,000 if they attend
When are the funding deadlines for students with current loans?The deadline for Fall funding is October 1st and for Spring funding is March 1st.
I be expected to start repayment on my loan?
begin on the earliest of the following dates:
How much interest will I pay on
my loan?Whitney Benefits Student Loans
are interest free. (However, interest may be charged if the loan is in
How much money does an
interest-free student loan save me?Please refer to the calculations at this link.
months after the anticipated or actual graduation date.
if the student leaves school.
often will I receive the Present value discount option?
Value Discounts are available at the start of repayment and every anniversary date
Benefits send and receive electronic payments?
Benefits does now
have the ability to electronically disburse funds and receive
electronic payments. Please download the Electronic
Credit Authorization form to receive
electronic disbursements or the Electronic
Debit Authorization to make electronic payments.
Please fill out and return the form to Whitney to take
advantage of these conveniences.
|Need Money for
COLLEGE or TECHNICAL TRAINING?
To qualify take the ACT or SAT Exam
Apply for all available grants.
for several scholarships then apply for interest-free loans.
For more information contact the SHS planning office at 672-2495 or for
biweekly newsletter: firstname.lastname@example.org
info available to any student in Sheridan and Johnson counties.
Scholarships - www.uwyo.edu/hathaway
Application For Federal Student Aid www.fafsa.edu.gov
are scholarships available for specific colleges & career
for most scholarships March 1st. Please check!
LOCAL EDUCATION FOUNDATIONS
Dodd and Dorothy L. Bryan Foundation
to $5000/year P.O.
First Plaza- 2 North Main
Fourth Floor- Suite 401
Sheridan, WY 82801
Phone: (307) 672-3535
The B.F. and
Rose H. Perkins Foundation
$5000/year - Sheridan County Students Only
P.O. Office Building
45 E. Loucks, Suite 110
P.O. Box 1064
Sheridan, WY 82801
Phone: (307) 674-8871
and Olga Pilch Foundation
41 East Burkitt
Sheridan, WY 82801
Phone: (307) 674-7491
Up to $4000/year for Sheridan College
Contact Sheridan College Fin. Aid
Loans up to $6000/year
P.O. Box 5085
145 N. Connor Street, Suite #1
Sheridan, WY 82801
|EDUCATIONAL FUNDING LINKS
COUNTY VOCATIONAL FUNDING
In 2002 and 2003,
Whitney commissioned Dr. Mariam Manley to complete a Sheridan County Educational Needs
Assessment. The 2002 report identified technology,
hospitality, and health care as the three areas where future jobs would
be available. The grants help the school districts, working
in collaboration, to offer programs in the areas of hospitality and
Whitney Benefits began funding two vocational education grants, for a
period of three years, to the Sheridan Community Educational Foundation
(SCEF) to benefit students in all three Sheridan county school
districts. The educational grants were given for a Certified
Nursing Assistant Program and a food service/ hospitality program.
Occupations class through the Certified Nursing Assistant Program at
Sheridan High School trains future health providers in a sequence of
new courses funded by the Whitney grant. From inception of
the program in 2003 through December 2006, 280 students directly
benefited from the program. In 2006, twenty five students were
certified in the CNA program and thirteen more are signed up for the
Spring 2007 course.
II and Kid's Catering are hospitality programs that build on
students' interest in hotel and restaurant services. Since
inception of the program in 2003, 118 students have enrolled in the
December 2006, Whitney Benefits gifted Tongue River High School Kid's
Catering $7,285 to purchase supplies for to continue with the
hosipitality program. Items purchased included a reach in
freezer, washer and dryer, tuxedo shirts, knifes, and aprons.
|Manley Study -
In 2001, Whitney
Benefits began the process of considering an educational needs
assessment and determined that a method was needed to evaluate the
educational needs of the county. In 2002, Whitney Benefits,
commissioned Dr. Miriam Manley to complete a Sheridan County
Educational Needs assessment. Whitney's intent for the
educational needs assessment was to collect high quality current data
that could be used to plan, support, and ensure that programs,
opportunities and services are available to young people in Sheridan
County enabling them to pursue careers in the global
workplace. The need and design of the educational needs
assessment was developed based upon input gathered from meetings of
multiple groups and service providers within Sheridan County
including: Whitney Board Trustees, School District
#1, School District #2, School District #3, Sheridan College, and other
local foundation representatives. The commissioning of this
study was the recognition of the Whitney Foundation that career
opportunities in the 21st century are rapidly changing.
Careers are becoming more global and transcend geographical
boundaries. Advances in technology have changed and will
continue to change the workplace, and how individuals live and conduct
their careers. Whitney considered it critical that
educational and vocational training opportunities available within
Sheridan County remain current and evolve so as to ensure that our
young people are highly skilled, competitive and have the choices they
want and need for their careers in the future.
In 2003, Whitney Benefits again commissioned Dr. Mariam Manley to
complete Phase II of the Sheridan County Educational Needs
Assessment. This session dealt with common and specific
educational opportunities and problems as well as action plans by each
of the three Sheridan County School Districts and Sheridan
College. Whitney believes that it is critical that Sheridan
County and their respective communities identify how we can best meet
the educational needs of our young people so that people can be
competitive in the global market as well as make choices on their
future lifestyles. Click the links below to view the reports.
Educational and Vocational Needs Assessment Study Final Report - August
2002 (pdf format)