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Below are answers to questions about our Achievement Award program. If you'd like more information, just email us at email@example.com.
Who is eligible to receive a GEICO Achievement Award?
Sophomores and juniors currently enrolled full time at an accredited college or university in the United States, with a cumulative GPA of 3.0 or better, and pursuing a degree in Business, Mathematics, Computer Science and/or a related field.
When is the deadline to apply for an Achievement Award?
The 2017 program opens October 4, 2016. The deadline to apply is November 17, 2016.
Are GEICO Achievement Awards considered scholarships?
No, they are cash awards given in the form of a check to selected recipients and are considered taxable income by the Internal Revenue Service (IRS).
Will my award be taxed?
GEICO Achievement Awards are considered taxable income by the IRS and should be included in any tax return that you file. If your parent or guardian is able to claim you, he/she will need to include your award on his/her tax return. Each recipient will receive a 1099-MISC tax form from GEICO by January 31, 2017.
For example, if you received a GEICO Achievement Award in May 2016, you will receive your 1099-MISC tax form by January 31, 2017, to file it with your 2016 taxes.
I am an international student. Am I eligible to apply?
Yes, international students, attending school in the United States, who meet all other program requirements are eligible to apply.
In terms of eligible majors, what is meant by "related fields"?
We will consider students pursuing degrees related to Business, Computer Science and Mathematics, including Economics, Finance, Marketing, Management, Information Systems, Computer Engineering, Statistics or Actuarial Science. At this time, our program is not open to students pursuing degrees in liberal arts, the natural sciences or most engineering programs.
I currently attend a high school or community college. Am I able to apply?
No, this award is designed to recognize college students currently attending an accredited four-year college or university.
I'm a college senior who has one more semester to complete. Can I apply?
How do I apply?
What do you mean by letter of recommendation?
Your letter of recommendation should be written by a professor, dean, advisor or other campus staff member who knows you well enough to speak to your scholastic achievements. You may need to include the recommender's name and email on your online application. The recommender should upload the letter via the private link he/she will receive via email.
Are Achievement Awards given based upon financial need?
No, the program is designed to recognize students based on their academic achievements, leadership, and involvement on campus and in the community.
When will I be notified about the status of my application?
All 2017 applicants will be notified by January 2017.
Am I able to apply again if I applied last year?
If you previously received a GEICO Achievement Award, you are not eligible to reapply. However, if you previously applied and were not selected, you are encouraged to submit an application again this year.
Can I still apply if my parent works at GEICO?
No, children of GEICO associates are ineligible to receive an Achievement Award. However, we offer several scholarship programs to our associates' children. Encourage your parent or guardian to find out more from his/her local HR department.
Am I eligible to apply if I was a GEICO Summer intern?
Yes, as long as you meet our eligibility requirements, are not a child of a GEICO associate, and have not previously received an Achievement Award.
Am I eligible to apply if I am enrolled part time in an undergraduate program?
No, this award recognizes college sophomores and juniors who are currently enrolled in college or university on a full time basis.