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To
honor our founder, Glen Bell, and to support our valued employees, Taco
Bell Corp. established the Glen Bell Scholarship Program. The program
provides financial assistance to qualified TACO BELL employees continuing
their education - in college or vocational schools. Scholarships are
offered for full- and part-time* study at accredited educational institutions.
The
Glen Bell Scholarship Program is administered by Scholarship Management
Services, a department of Scholarship America. - a national nonprofit
educational support and student aid service organization. The organization
seeks to involve and assist the business community in expanding educational
opportunities and encouraging educational achievement. Scholarship awards
are granted without regard to race, color, creed, religion, age, gender,
or disability.
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be eligible for scholarship funds, applicants must be: |
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•
Hourly employees (Team Members and Shift Managers) of TACO BELL
or its Franchisees/Licensees who work at least 15 hours per week
and have a minimum of six months continuous employment within the
TACO BELL system (includes TACO BELL multibrand restaurants) as
of the application deadline. |
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• High
school seniors or graduates who plan to enroll, or students who
are already enrolled, in a full- or part-time* undergraduate course
of study at an accredited two- or four- year college, university,
vocational-technical school or graduate school. (Students must have
a minimum 2.5 GPA on a 4.0 scale.) |

TACO BELL employees selected for Glen Bell Scholarships
will receive an award of $2,000 or $1,000. Awards of $2,000 will be
granted to students attending four-year colleges, universities or graduate
schools. Awards of $1,000 each will be granted to students attending
two-year colleges or vocational-technical schools. Awards are not renewable;
however, students may re-apply each year if they meet eligibility requirements.

Interested
employees must complete the application and mail it, along with a current,
complete transcript of grades and requested documents, to Scholarship
America postmarked no later than April 1, 2008. Grade
reports are not acceptable. Online transcripts must display student
name, school name, grade and credit hours earned for each course and
term in which each course was taken. Applicants will receive acknowledgment
of receipt of their application. If an acknowledgment card is not received
within three weeks of the application deadline, applicants may call
Scholarship America to verify that the application has been received.
Applicants are responsible for gathering and submitting
all necessary information. Applicants should answer all questions as
completely as possible. Incomplete applications will not be evaluated.
The employee eligibilities of potential recipients will be verified
by Taco Bell.

Scholarship
recipients are selected on the basis of academic record, demonstrated
leadership and participation in school and community activities, honors,
work experience, statement of goals and aspirations, unusual personal
or family circumstances, and an outside appraisal. A letter of recommendation
does not replace the Applicant Appraisal section of the application.
Financial need is not considered.
Selection
of recipients is made by Scholarship America. In no instance does any
officer, director or management representative of TACO BELL or its Franchisees/Licensees
play a part in the selection process. All applicants agree to accept
the decision of Scholarship America as final.
Applicants
will be notified in May. Not all applicants to the program will be selected
as recipients.

Scholarship America
processes Glen Bell scholarship payments on behalf of TACO BELL. Payments
are made in equal installments on August 15, 2008 and December 15, 2008.
Checks are mailed to each recipient's home address and are made payable
to the school for the student.

Scholarship recipients are required to be continuously
employed by TACO BELL at the time the Glen Bell scholarship checks are
issued, or they will lose eligibility to receive the payment(s). Recipients
are required to supply Scholarship America with complete transcripts
when requested and to notify Scholarship America of any changes of address,
school enrollment, or other relevant information.

TACO BELL reserves the right to review the conditions
and procedures of the Glen Bell Scholarship Program and to make changes
at any time, including termination of the program.
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regarding the scholarship program should be addressed to: |
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Glen Bell Scholarship Program
Scholarship America
One Scholarship Way, P.O. Box 297
Saint Peter, MN 56082
Telephone: (507) 931-1682
* Part-time study constitutes six credit units
or more.
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