Scholarship FAQs

Q: How are awards determined?
A: Awards are based on a number of factors including family income and the cost of in-state/in-country, public school tuition. These costs were evaluated in 2019 and will continue to reevaluated on an ongoing basis.

Q: Who is eligible to apply for a Clara Abbott scholarship?
A: Click here for complete eligibility information.

Q: Do I have to reapply each school year?
A: Yes. Clara Abbott scholarships are not renewable so you must reapply each school year. In order to be eligible for a scholarship, current recipients must provide proof of a 2.0/4.0 (or equivalent) cumulative GPA.

Q: Why is my award different than what I received last year?
A: Award amounts can and do fluctuate, and scholarships are never guaranteed. Awards are based on a number of factors including family income and the cost of public, in-state tuition. These costs were evaluated in 2019 and will continue to be reevaluated on an ongoing basis.

Q: What is the scholarship application deadline for my country?
A: Each country has one application deadline per year. Click here for information about your country.

Q: What happens if I miss the application deadline?
A: Late applications are considered incomplete and will not be accepted. If you miss the deadline, you must wait until the following application year to reapply.

Q: What amount should I enter as Total Gross Annual Income on the application?
A: Enter the amount of combined total gross annual income* for all who support the student applicant.

Example 1: Mother income + Father income = Total Gross Annual Income
Example 2: Mother income + Step-Father income + other support (i.e. child support) = Total Gross Annual Income
*Total gross annual income (prior to any deductions) includes salary, bonus, incentive pay and child support received for the student. In the case of former employees / retirees, total income includes total pension and all other income.

Q: Whose income statement should be submitted with the application?
A: Annual income statements for the Abbott employee and the spouse related to the student (parent and step-parent) from the most recent year completed must be submitted along with the application.

Q: To whom are scholarship checks made payable?
A: In the US and Puerto Rico checks are made payable to the school; outside the US checks are made payable to the student of the Abbott employee.

Q: Is a Clara Abbott scholarship considered taxable income to the Abbott employee?
A: Possibly. Taxable income requirements vary by country. Please seek the advice of a local tax professional to determine if you must report the Clara Abbott scholarship as income.

Q: Does The Foundation provide scholarships to employees seeking higher education?
A: No. Scholarships are available to dependents of eligible employees and retirees worldwide. Visit the eligibility section for more information.

 

THE CLARA ABBOTT FOUNDATION IS AN INDEPENDENT NOT-FOR-PROFIT ORGANIZATION. ELIGIBILITY FOR ASSISTANCE FROM THE CLARA ABBOTT FOUNDATION IS DETERMINED PURSUANT TO THE CLARA ABBOTT FOUNDATION’S POLICIES AND IS INDEPENDENT FROM ELIGIBILITY FOR EMPLOYEE BENEFITS PROVIDED BY ABBOTT LABORATORIES. STANDARDS FOR ELIGIBILITY AND AVAILABLE ASSISTANCE ARE SUBJECT TO CHANGE AT THE CLARA ABBOTT FOUNDATION’S SOLE DISCRETION AND WITHOUT ADVANCE NOTICE.