From its beginnings in the early sixties, the Adda Dinsmore Memorial Educational Loan Fund has been helping Rainbow Girls receive financial assistance for college or vocational training.  For a Rainbow Girls or Majority Rainbow Girl interested in knowing how these Funds can assist them in their educational planning, the rules are simple.

Loan Fund

A Rainbow Girl, in good standing, under the age of twenty is eligible to apply for a loan for post secondary education.  A Majority Rainbow Girls under the age of 23 that has demonstrated a consistent record of active participation in the Assembly and order is also eligible to apply for a loan.  Up to $1,000 can be borrowed for college and up to $500 for vocational training.  The loan program charges no interest on the loans.  Girls must repay the amount borrowed upon completion of undergraduate school, dropping out of school or upon marriage.  Loan applications may be submitted any time during the year.  Repayment of the loan is made in monthly payments of at least $25.00 each month.

Scholarship Program:

The scholarship program was established in 1995.  To apply for a scholarship a Rainbow Girl or a Majority Rainbow Girl under the age of twenty-three must have demonstrated a consistent record of active participation to her Assembly, District, and State organization.

Four thousand dollars is allocated for scholarships each year with a maximum amount of $400 per scholarship.  If a scholarship is granted and payment is not requested within one year, the award will cease to be an outstanding obligation of the program.  Scholarship applications must be submitted annually to be considered for award.  Scholarship applicants must be recommended by their Mother Advisor and Grand Deputy.  A Committee of Rainbow Advisors evaluates the scholarship applications and makes recommendations for award to the Committee.  Scholarship applications must be received by the Committee Chairman no later than May 31st each year.

Rules applying to both the Loan Fund and the Scholarship Program:

Loan and scholarship payments are made directly to the institution of higher learning and not the student.  Loan and scholarship funds can be used for tuition, student fees and books.  Rainbow Girls or Majority Members interested in either the Loan Fund or the Scholarship program should contact your Mother Advisor, Grand Deputy or the Committee for applications or information.

Assembly Contributions:

All contributions to the Loan Fund or Scholarship Program are designated to support the Scholarship Program.  Assemblies making the largest contribution in the large and small Assembly categories are recognized at Grand Assembly. An Assembly receiving the highest recognition for three consecutive years will receive a trophy.  Contributions received by May 31st are counted in the current year’s receipts.

All scholarship applications and donations should be sent to:

Ms. Donna thurman, Chairman
401 GlenPark Drive
Nashville, TN 37217