Daniel G Calugar Foundation – Merit Scholarship Program
Empowering Future Generations of Outstanding Academic Achievers
All 2024 scholarships have been awarded. We are now accepting applications from students who will be entering college in fall of 2025. Only current high school juniors (rising seniors) are eligible to apply.
About Daniel Calugar
Daniel Calugar is a financial investor with a background in business, finance, law, and computer science. Dan Calugar started his professional career as a pension lawyer with the Atlanta law firm Hinkle & Layman in 1978. He developed a passion for investing due to frequent interaction with investment professionals who serviced his clients’ investment needs. As a tax partner at the Atlanta law firm of Hansell & Post and the global firm of Jones Day, he incorporated his partnership interest allowing him to set up his own tax-qualified profit-sharing plan. Having majored in computer science at the Air Force Academy, he used his technical knowledge to design computer programs that helped him identify profitable investment strategies. These programs allowed him to achieve significant success as an investor.
When he is not working, Dan has his pilot’s license and enjoys volunteering with Angel Flight. This organization provides transportation to patients who must travel for medical treatment and cannot afford private transportation. Over the past 15 years, he has completed more than 200 missions for Angel Flight West and Angel Flight Southeast. Aside from his volunteer work, he also enjoys working out, spending time with his family and friends, and traveling the world with his life partner.
About the Scholarship
the The Daniel G. Calugar Foundation is proud to offer the Academic Achievement Merit Scholarship providing an opportunity for ten outstanding freshmen entering college in the fall semester of each academic year to receive $10,000 each to be applied to their college tuition. This scholarship program aims to recognize academic excellence, motivation, and clear career objectives.
Eligibility
All 2024 scholarships have been awarded. We are now accepting applications from students who will be entering college in fall of 2025. Only current high school juniors (rising seniors) are eligible to apply.
To apply for this scholarship, students must meet the following criteria:
- Applicants must be US Citizens.
- A minimum score of 1500 on the SAT or a 34 on the ACT exam is required. Please submit a copy of your exam score with your scholarship application.
- A $10,000 scholarship check will be paid directly to the US college or university at which the applicant is accepted for full time enrollment with a designation to apply the funds toward payment of the applicant’s tuition.
- The Foundation intends to award 10 scholarships per academic year, so qualified applicants are encouraged to apply in a timely manner.
Guidelines
Please submit an email to Scholarship@DanCalugarFoundation.org containing:
- A concise account of your career objectives, goals, and how your college experiences will contribute to their attainment.
- A response to the following prompt: From 1950 to 2007, the annual average ratio of federal debt to GDP was 45%, and that ratio was 45% in 2007 as well. In March of 2023, the US federal debt was 119% of GDP. Is the current level of US federal debt to GDP, and the trend for that ratio to increase from 2007 forward, a problem that needs to be addressed? If so, how would you recommend that it be addressed? If the current ratio and the trend over the past 15 years is not a problem, what level would you consider problematic and why?
“Additionally, please note the year you plan to start college in your application email.
Frequently Asked Questions
What is the purpose of the Academic Achievement Merit Scholarship?
The Scholarship seeks to recognize and reward academic excellence in incoming college freshmen for the fall of 2025. It also aims to provide support to driven individuals who possess well-defined career aspirations, fostering their educational and professional journey.
What factors will be used to select the scholarship winner?
Scholarship recipients will be selected based on achieving a minimum SAT score of 1500 or a minimum ACT score of 34, along with a comprehensive assessment of their academic accomplishments, stated goals, and objectives as presented in their application statement. Additionally, a well-considered response to the essay question will contribute to the evaluation process.
Where do I submit my essay?
Please submit your scholarship application and essays to Scholarship@DanCalugarFoundation.org
Please craft one essay per prompt. You should submit two separate essays:
• One addressing your career goals
• One discussing the US federal debt
When is the application deadlinefor the 2025 scholarship?
The application deadline for the Academic Achievement Scholarship is June 30, 2025, preceding the fall enrollment; however, since only 10 scholarships will be awarded for each academic year, applicants are encouraged to apply early. We review applications on a rolling basis, so we encourage you to submit your application as early as possible.
Do I need to provide a letter of acceptance from a college?
No, you do not need to provide a letter of acceptance from a college at the time of application. If you are selected as a winner, we will coordinate in the summer of 2025 to ensure the scholarship award is sent to the correct university.
If I am chosen as a winner, how much time will I have to designate a college to send the funds to?
You will have ample time to designate the college to which the scholarship funds should be sent. We will work with you to ensure everything is arranged properly.
What sort of copy of my SAT or ACT score should I submit?
We request a PDF score report for your SAT or ACT scores. Screenshots will not be accepted. Alternatively, you may check with your high school to see if your test scores are included on your transcript. If they are, we will also accept a copy of your high school transcript.
Apply
Please submit your scholarship application and essay to Scholarship@dancalugarfoundation.org. Alternatively, please complete all fields in the form below and send a copy of your SAT exam score via email.
All 2024 scholarships have been awarded. We are now accepting applications from students who will be entering college in fall of 2025. Only current high school juniors (rising seniors) are eligible to apply.
Scholarship Recipients
Theodore Perez
The University of Illinois at Urbana Champaign
Ben Cartwright
Colorado State University
Lily Chen
Fall 2022 Recipient
Massachusetts Institute of Technology
Allison Zebroski
The University of California at Santa Barbara
Brendan DiEnna
Boston College
Nivrithi Varghese
Purdue University
June Zaporojan
University of Pennsylvania
Holly Stachon
University of Illinois at Urbana-Champaign
Carter Oehme
Kansas State University
Karen Huang
University of California, Irvine
Nora Kane
California Institute of Technology
Stephen Hall-Nunez
Harvard University