LOAN, SCHOLARSHIPS AND GRANTS Voices for America's Troops is required for consideration where applicable. Military academy cadets are not eligible for this program. The amount of this award is dependent upon donations but will be at least $2,500. Qualified students are selected on a basis of their scholastic ability, activities, and financial need. The number of scholarships also will be determined by the amount of the funds raised. Please note that semifinalists for this program will be notified on the Web site and by e-mails only. More: American Patriot Scholarship Program. DESIGNATED SCHOLAR PROGRAM Loan recipients are automatically considered for this grant. This program replaces the $5,500 interest free loan with a $5,000 interest free loan and a $500 grant. No special application is necessary. SENIOR GRANTS Only current loan recipients entering their final year in college are eligible for these grants. Eligible students will be sent the necessary information at the appropriate time. GENERAL JOHN PAUL RATAY EDUCATIONAL FUND GRANTS These $5,000 grants are limited to children of the surviving spouse of retired officers. A student cannot receive both a MOAA loan and a Ratay grant. Students applying for a loan who also meet the criteria of a Ratay grant automatically will be considered. No separate application is required. DEADLINE AND CONTENT The online application opens in November and must be completed and submitted no later than noon EST March 1st of the following year. Please note: If March 1st falls on a weekend, the application will close at Noon on the next business day. Semifinalists are notified in March. Recipients are notified in May.