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Cost and Financial Aid

Binc Higher Education Scholarship

The Book Industry Charitable Foundation (Binc) Scholarship Program seeks to make a lasting impact in book store employees’ lives and former Borders Group employees’ lives by offering scholarships to their dependents and spouses/partners based on financial need, academic performance, and community involvement – helping to make a college education more affordable for booksellers’ families. Scholarships are offered for full- or part-time study at an accredited institution of the student’s choice.

Applicants to the Binc Scholarship Program must meet all of the following criteria:

  • Be high school seniors or graduates or be current postsecondary undergraduates or graduate level students.
  • Plan to enroll in full- or part-time undergraduate or graduate study at an accredited two-year or four-year college, university, or vocational-technical school for at least half of the upcoming academic year.

In addition to the requirements listed above, all applicants to the Binc Scholarship Program must be one of the following:

  • Dependents* of former full- or part- time Borders Group who were employed with Borders Group at any point during the 2011 calendar year and who had a minimum of one year employment with the company.
  • Dependents* of current employees and owners of retail bookstores in the U.S. who have a minimum of 90 days of continuous employment at the bookstore. The bookstore must have a bricks and mortar presence in the U.S. and be owned by an entity deriving a substantial portion of its revenue from the sale of physical books. Employees must be employed directly by the bookstore at the time employment is verified. This includes Regional Trade Association employees and dependents.
  • Karl Pohrt Scholarship: Current employees and owners of independent retail bookstores in the U.S. who are non-traditional students or who have overcome learning adversity. The employee must have a minimum of 90 days of continuous employment at the bookstore. The bookstore must have a bricks and mortar presence in the U.S. and be owned by an entity deriving a substantial portion of its revenue from the sale of physical books. Employees must be employed directly by the bookstore at the time employment is verified. This includes Regional Trade Association employees and dependents.

*Dependents include children aged 25 and under, spouses and qualified same-sex partners.

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