The Amarillo Area Foundation initiated the ACE Scholarship Program in 1994 in partnership with the Amarillo Independent School District, Amarillo College and West Texas A&M University. ACE began at Palo Duro High School in 1994 and at Caprock High School in 2002.
ACE is currently expanding their program. The expansion will include future scholarships to students at Bivins, Margaret Wills and San Jacinto elementary schools that feed into Tascosa High School. The children who finish 5th grade (High School Graduation Class of 2016) at one of these schools will be eligible for ACE Scholarships if they continue on to Tascosa High School and meet the eligibility requirements of the ACE Program.
ACE provides access to higher education for students at both of these high schools by providing numerous preparatory activities throughout high school and college.
ACE guarantees payment for tuition, fees and books for up to 130 semester hours at Amarillo College or West Texas A&M University. ACE is the "last money in," meaning all federal and private aid is applied prior to awarding ACE Scholarship funds. ACE requires high school students to pledge annually to maintain at least an 80 grade point average, a 95% attendance record and appropriate behavior while attending high school.
The ACE Scholarship fund balance is $5.2 million, which is enough to ensure scholarship funding through year 2016.