- Who is Texas Mutual Insurance Company?
- Why was the scholarship program launched?
- Who is eligible for the scholarship?
- What are the criteria for the scholarship?
- When may I apply?
- How long is the scholarship for?
- What does the scholarship cover?
- How is the scholarship money distributed?
- What are lifetime income benefits?
- Where can people obtain an application?
Who is Texas Mutual Insurance Company?
Texas Mutual Insurance Company is the state's leading provider of workers' compensation insurance. Preventing workplace accidents and minimizing their consequences are important parts of the company's mission.
Why was the scholarship program launched?
The scholarship program is part of our long-term commitment to Texas employers, injured workers and their families. We hope to assist scholarship recipients in building a stronger future through education.
Who is eligible for the scholarship?
Surviving, unmarried spouses and children of a person who was employed by a Texas Mutual Insurance Company policyholder and died as a result of a compensable work-related accident or illness; or persons whose injuries qualify them for lifetime income benefits under Section 408.161 of the Texas Workers' Compensation Act, their spouses and unmarried children.
What are the criteria for the scholarship?
- The insured's death or injury must have resulted from a compensable injury or illness.
- Children must be unmarried, between the ages of 16 and 25, and eligible for workers' compensation benefits.
- In cases of workplace fatalities, surviving spouses must be unmarried and still be eligible for workers' compensation benefits to be eligible for scholarship consideration.
- Applicants must be a considered a full-time student.
- Applicants must maintain a 2.50 GPA.
The scholarship program and all awards are totally discretionary and may be altered or discontinued at any time without notice.
When may I apply?
Qualified persons may apply at any time during the current semester. Scholarships are awarded on basis of need and other criteria throughout the year, as funds are available.
How long is the scholarship for?
The scholarship is good for one year; however, the applicant must be enrolled as a full-time student and maintain a 2.50 GPA each semester in order for the scholarship to remain active for the following semester. Applicants will re-apply for our scholarship at the end of the school year for the following school term. Renewals are contingent upon availability of funds.
What does the scholarship cover?
Scholarship awards vary and are intended to cover normal undergraduate, technical or vocational school tuition and fees, up to $6,000 per semester. Financial assistance is also available for course-related books and supplies, up to $600 per semester.
How is the scholarship money distributed?
Tuition and fee scholarship awards will be provided directly to the college or technical school upon receipt of satisfactory documentation. Financial assistance for course-related books and supplies is through reimbursement to the student upon receipt of satisfactory documentation.
What are lifetime income benefits?
Lifetime income benefits are paid until the death of the employee for a compensable injury or illness that results in:
- total and permanent loss of sight in both eyes;
- loss of both feet at or above the ankle;
- loss of both hands at or above the wrist;
- loss of one foot at or above the ankle and the loss of one hand at or above the wrist;
- an injury to the spine that results in permanent and complete paralysis of both arms, both legs, or one arm and one leg;
- an injury to the skull resulting in incurable insanity or imbecility (related to a compensable injury that occurred before September 1, 1997);
- a physically traumatic injury to the brain resulting in incurable insanity or imbecility (related to a compensable injury that occurs on or after September 1, 1997); or
- third-degree burns that cover at least 40 percent of the body and require grafting, or third-degree burns covering the majority of either both hands or one hand and the face (related to a compensable injury that occurs on or after June 17, 2001).
Where can people obtain application?
Click here to download an application. You may also call or write our corporate office for an application.
Texas Mutual Insurance Company
Office of the President
6210 East Highway 290
Austin, Texas 78723-1098
INTERESTED APPLICANTS SHOULD APPLY AS SOON AS POSSIBLE