Achievement Award Program FAQs
We look forward to receiving your application!
Below are answers to questions about our Achievement Award program. If you'd like more information, just email us at firstname.lastname@example.org.
Who is eligible to receive a GEICO Achievement Award?
Sophomores and juniors currently enrolled full time at a four-year accredited college or university in the United States, with a cumulative GPA of 3.0 or better, and pursuing a degree in Business, Mathematics or Computer Science. 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.
When is the deadline to apply for an Achievement Award?
The application period for the 2018 GEICO Achievement Award Program season is now closed.
Call for applications will re-open in September 2018, so stay tuned.
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 as a dependent, they will need to include your award on their tax return. Each recipient will receive a 1099-MISC tax form from Scholarship America.
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.
I currently attend a high school or community college. Am I able to apply?
No, eligible applicants must be attending a four-year accredited 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 will need to include the recommender's name and email on your online application. It's best to have already selected and confirmed with the person who will write your recommendation letter before you begin the application process. Having your recommender's information ahead of time will give the recommender more time to draft and submit your recommendation. Let your recommender know that he or she will be required to submit the recommendation via a link they will receive from the online application portal.
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?
You will receive automatic reminders and a notification when your application is successfully submitted. Award Recipients and Non-Recipients will be notified in January 2018.
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 if you meet all other program requirements.
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.