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After our school awards GOAL scholarships in a particular year, what happens to any remaining GOAL funds that have been designated for use at our school?

April 26, 2017awards designated funds GOAL happens particular remaining scholarships School year

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After our school awards GOAL scholarships in a particular year, what happens to any remaining GOAL funds that have been designated for use at our school?

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Under the terms of the GOAL School Participation Agreement entered into between GOAL and our school, any unused funds that have been designated for use at our school are held by GOAL in an account earmarked for the school. The designated funds (together with any net income earned on the account) are available for providing ongoing financial aid to existing GOAL scholarship recipients at our school and for awarding future GOAL scholarships at our school.