AFBHS Alumni and Friends of Belmont High School FAQ

Frequently Asked Questions

How can I get involved?

VOLUNTEERS NEEDED! AFBHS will prosper and grow with the addition of volunteers and advisors from many Belmont High School Classes. We need many active directors/advisors. For more information, contact us at info@afbhs.org

Who manages the Endowment Fund?

Graduates of Belmont High School include many well educated and experienced investments/banking financial experts. A committee of such experts will manage the AFBHS endowment fund.

What types of Scholarship Funds can be set up through AFBHS?

Permanent Scholarships
To establish an endowment fund in the name of a family, individual, or class, AFBHS requires a $5,000 balance for a fund to be considered "permanent". Many funds will start at smaller amounts and grow over several years until they reach the $5,000 minimum balance. Such funds are called accumulating funds and are part of the endowment. Income from these funds accumulate and are used only in part for current scholarship grants. When an endowment reaches the point at which it earns $2500 annually, scholarships will be given in the name of that family, individual or class.
General Fund Scholarship
Donations not associated with a permanent fund will be combined with additional monies from the AFBHS General Fund. Scholarships of $2500 will be awarded at the annual awards day, and donors will be appropriately acknowledged

What should I enter on my donation check?

Checks should be made payable to AFBHS
Please note the name of the scholarship on the memo line of the check.

Please mail donations to:

AFBHS
P.O. Box 40
Belmont, MA 02478

Who determines the recipients of AFBHS scholarship grants?

A committee of guidance counselors, teachers and administrators of Belmont High School will determine the recipients of the scholarships, as they do for other scholarship programs at the school. No one affiliated with AFBHS will be involved in this process.

Will an AFBHS scholarship reduce the college aid a student will receive?

No. "Dollars for Scholars," and other organizations that administer scholarship grants, have negotiated with nearly every college/university for procedures for this issue. In most cases, a local grant up to $2,500/year will not reduce the amount of aid from the college and will reduce the student's own financial commitment. In some cases, a college/university will allow local grants up to the student's personal/family contribution as stated in a given financial aid package. Thus, the guidance department at Belmont High School will know how a local grant will relate with a student's financial aid package. An AFBHS grant will reduce the student's financial contribution as allowed by the financial aid package from each college. See "Dollars for Scholars" and their "Collegiate Partners" http://www.scholarshipamerica.org/