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A Message to ROA Members and Friends Concerning the Henry J. Reilly Scholarship
     The Reserve Officers Association Executive Committee, with the unanimous concurrence of the Board of Trustees, has made the difficult decision to temporarily suspend the activities of the H.J. Reilly Memorial Scholarship program. This decision was made in order to preserve and protect this significant benefit for members and their families for years to come.
     Since 1982, members of ROA and ROAL have benefited from this scholarship; however, for the trust fund that supports the scholarship to survive into the future, action had to be taken today.
     This temporary suspension is a result of the faltering economy and its effects on the scholarship’s investment fund. Like investment funds everywhere, the Reilly Scholarship fund lost over 30% of its value between October 2008 and January 2009. The ultimate consideration was that it would not be financially prudent for the future legacy of this scholarship to deduct funds today for either scholarships or administrative costs.
     This is a temporary action and the scholarship will be reestablished at the appropriate time once the investment fund can sustain itself again. We will continue to ask ROA benefactors to contribute to the fund as we seek to rebuild its corpus. The Board of Trustees will continue to prudently manage the fund as a part of that same effort.
     Thanks to all ROA members and friends for your understanding and continuing support.

If you need further information, please email scholarship@roa.org "attn: Reilly scholarships."

logo_stevens_webcampusROA members receive a 10% discount
on Stevens WebCampus courses.

Choose from over 120 sections in Project Management, Information Systems, Financial Engineering, Computer Science, Engineering, Technology Management, Telecommunications Management, Pharmaceutical Manufacturing, Security and Privacy and more.
     The Stevens WebCampus program offers you a convenient and flexible way to earn an MBA in Technology Management, or any of 17 Masters Degrees or 38 Graduate Certificates completely online.
     More information is available on the WebCampus page.

 

 

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