Yarnold Scholarship Trust

The Alice M. Yarnold and Samuel Yarnold Scholarship Trust, created in 1994, has been providing post-secondary school scholarships to New Hampshire residents since 1995.  Known as the Yarnold Scholarship, the funds of the trust are focused on providing financial assistance to deserving NH residents pursuing degrees in the fields of medicine, nursing, and social work.  Since its inception in 1995 the trust has awarded over $1 million in scholarship assistance to approximately 1,000 students with awards ranging between $1000 and $5000. Each year, for the past 25 years, approximately 30 - 40 NH residents have benefitted from receiving a Yarnold scholarship.  Those recipients have become the doctors, nurses, and social workers practicing in NH health care settings today. 

 

APPLICATION REQUIREMENTS

Applications for the award are available each year in early Spring with all application documents due by the June deadline. Students interested in receiving an award must complete the application and attach 2 letters of reference; post-secondary school transcript from the institute, college, university, or school they are attending; a completed FAFSA; and respond to a short essay question.  The scholarships are not available to graduating high school seniors, however once those students enroll in and complete the first year of post high school education in the fields of medicine, nursing, or social work we encourage them to apply for an award.  

 

APPLICATION PROCESS

Once completed applications are received each is reviewed by the three trustees of the trust.  The application review focuses on financial need, academic achievement, thoughtfulness of the essay response, and the likelihood the recipient will remain in NH to practice his/her chosen field in the health care system.  After each trustee has reviewed all the applications recipients are selected and notified of the award; award checks are mailed to the program the recipient is attending.

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COMMENTS

Comments from students who received scholarship assistance for the 2023-24 year include “I am filled with gratitude for the opportunities that this scholarship opens up for me, which not only lightens the financial burden but also motivates me...” and “This award will be an incredible help towards my education and dream of becoming a pediatric nurse”.  The trustees are committed to honoring the legacy of Alice and Sam Yarnold in providing opportunity to NH residents to pursue a career in health care.

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The Trust is registered with Stafford County Probate Court, 7th Circuit and with the IRS as a charitable organization under Section 501c3 . The trust is reviewed annually by the 7th Circuit Court Probate Division in Stafford County for compliance with probate requirements and with the conditions of the trust and by the New Hampshire Attorney General Charitable Trusts Unit for adherence to New Hampshire and federal requirements regarding management and distribution of funds.