Peter M. Gargano Scholarship Fund

The Peter M. Gargano Scholarship Fund provides financial assistance to the children or grandchildren of employees of Ulland Brothers Inc. for post-secondary education. In memory of former Ulland Brothers Vice President and Director Pete Gargano, the company funds this scholarship, initially established by his wife. Pete came to Ulland Brothers in 1969 and worked on or supervised many projects, particularly on the Iron Range.

Eligibility 

  • Must be children of employees of Ulland Brothers, with the company for a minimum of two years. Child must be unmarried, under age 25 who is not self-supporting and a full-time student.
  • Demonstrate Financial Need
  • GPA: 3.0 or higher
  • Two Recommendation Forms required: from a teacher, advisor, employer, counselor or administrator, excluding parents or relatives

 

Scholarship Grant Range

$1,000 per year up to 4 years ($4,000 total) 

 

Application timeline

  • This scholarship is part of the Universal Application: December 1 – February 15
  • ONE Universal Application: Create a profile in the scholarship portal. Fill out the first page of the universal application to filter through all of the scholarships you qualify for. 

 

Award Details

  • This scholarship may be used for expenses of post-secondary education at any accredited college, university or technical/ vocational school
  • Award Payments will be mailed directly to the school/ university 
    • Fall Payments are mailed July 15-30
    • Spring Payments are mailed December 15-30
  • Transferring Schools: Please contact DSACF if you plan on transferring schools. Transferring schools does not automatically transfer your scholarship. If a transfer occurs after scholarship money has been disbursed it may take up to 90 days to reprocess the scholarship payment. 

 

Tax information

DSACF encourages scholarship recipients to seek tax advice regarding scholarships. According to the IRS: Scholarships, fellowship grants, and other grants are tax-free if you meet the following conditions:

  • You’re a candidate for a degree at an educational institution that maintains a regular faculty and curriculum and normally has a regularly enrolled body of students in attendance at the place where it carries on its educational activities; and
  • The amounts you receive are used to pay for tuition and fees required for enrollment or attendance at the educational institution, or for fees, books, supplies, and equipment required for courses at the educational institution.

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