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     THE MEMORIES



THE SCHOOL SONG

1 - Accra Academy our pride. The school of no regrets. In her our little minds were shaped. To serve our Nation Great.
2 - In Ellen House our School was born. To men of sacrifice. The cradle low, the hands so few. The future, blurred and bleak.
3 - We humbly bow in gratitude. To all who chiselled us. Their praises we shall sing always. Their memories still revered.
4 - From humble growth this school of ours. A pride of place has won. Her children great in every clime Of Ghana's great domain.
5 - 0 Lord, to Thee we dedicate Accra Academy. Esse Quam Videri, we say and Bleoo, Accra Aca.




THE SCHOOL MOTTO

Esse Quam Videri - translated as "To be, rather than to seem."




     THE FOUNDERS
     



     STUDENTS



     WAAKYE BASE



     OUR SCHOOL

   
 

 

 

Welcome to Accra Academy Alumni Web site!!!!!      Esse Quam Videri - To be, rather than to seem.!!!!!                Accra Aca Bleooo!!!!!!!!

ALICE R. O’GRADY SCHOLARSHIP AWARD

INTRODUCTION
Miss Alice R. O’Grady, a member of the pioneering group of Peace Corps Volunteers from the USA, taught General Science at Accra Academy from 1968-72. Dedication, tirelessness, discipline and enthusiasm for a cause are among the many attributes that the majority of her former students readily associate with Ms O’Grady. She ignited in her students a passion for scientific knowledge that has led to various careers in this field.




PURPOSE OF AWARD
In recognition of her invaluable service to Accra Academy, the Alice R. O’Grady Scholarship Award will aim to assist brilliant but financially needy students who wish to pursue Science or a science-oriented career in future to realize their dreams.

COST/VALUE OF SCHOLARSHIP
The scholarship award will cover the full cost of boarding and tuition fees. This will be a one-year renewable award conditional upon above-average overall student performance from the second through the final year of study. There will, therefore, be one beneficiary on the inception of the scheme, two in the second year and three in the third and subsequent years.


While the initial cost of the award is to be borne by direct funding by BLEOO 74, the long-term goal is to convert to an endowment. All BLEOO alumni (whether or not they were taught by Ms O’Grady) will be invited to contribute towards the investment capital, the returns from which the boarding and tuition fees of award recipients will be covered in perpetuity.


Table 1 shows the current fees for a day and boarding student. It should be noted that the fees for 2nd-4th years are projections based on current fees for the 2007/2008 academic year shown in bold for the 1st year. A 10% increment is assumed for the subsequent years.

Table 1 - SCHOOL FEES AT ACCRA ACADEMY
FEES CHARGED, Gh˘ FEES CHARGED, Gh˘
PC YEAR OF STUDY DAY STUDENT BOARDING STUDENT
1 1ST YEAR 214.00 504.00
2 2ND YEAR 235.40 554.40
3 3RD YEAR 258.94 609.84
4 FINAL YEAR 284.83 670.82
5 TOTAL 993.17 2,339.06


Table 2 shows the amount needed to cover tuition and boarding fees of award recipients in the first 5 years. The scholarship scheme is due to be instituted and announced at the 2008 Speech and Prize-Giving ceremony.

Table 2
YEAR OF NO. OF ESTIMATED FEES CHARGED, Gh˘
SCHEME/ACADEMIC BENEFICIARIES COST PER NEEDED
BENEFICIARY, Gh˘ FOR FEES, Gh˘
1ST YEAR, (2008/09) 1 554.40 554.40
2ND YEAR, (2009/10) 2 609.84 1,219.68
3RD YEAR, (2010/11) 3 670.82 2,012.47
4TH YEAR, (2011/12) 3 737.91 2,213.72
5TH YEAR, (2012/13) 3 811.70 2,435.09


As indicated in Table 2, the goal is to raise Gh˘555.00 by July 2008 to enable implementation of the scheme in the 2008/2009 academic year. By the same date, an aggressive fundraising campaign will aim at raising extra capital towards investments that will yield the Gh˘1220.00 required for the 2009/2010 academic year. The yield from investments in the subsequent years should amount to Gh 2100.00 by 2010/2011 academic year, Gh˘2250.00 by 2011/2012 and Gh˘2450.00 by 2012/2013.
A Finance Committee will be constituted from the BLEOO 74 group with the mandate to solicit advice from financial experts regarding the type and diversity of investments, least vulnerable to market volatility and most likely to yield solid returns in the long-term. Modest estimates of yield per annum on investments fall within 12-18% range based on current trends in the Ghanaian market. The Finance Committee will determine, based on the advice it receives, the best investment strategy needed to fully create a self-perpetuating endowment by the year 2012.
To ensure optimal participation by BLEOO alumni, the details of this scholarship scheme will be posted on the BLEOO website. A high level of advertising expertise will be employed to induce BLEOO alumni of all year groups to support the scheme.

ELIGIBILTY CRITERIA

1.   Student must have completed the first year class at Accra Academy.
The award is renewable on yearly basis until the final year conditional upon continuing above-average academic performance
2.   Must be recommended by science teachers in the school
3.   Achieved above-average grade in all subjects
4.   Must submit an essay (maximum of 500 words) professing an interest in science as a career
5.   Has financial need (subject to confirmation by the adjudicating panel)

SELECTION PROCESS

A 7-member Adjudicating Panel will be constituted consisting of:

•   3 members of BLEOO 74, one of whom will be the Chair
•   2 representatives of the school administration
  o   Assistant Headmaster
  o   Bursar
•   1 representative of the Students’ School Council
•   1 science teacher who does not teach the first year class (e.g. Head of Science Department)

Candidates who meet the eligibility criteria will be invited to submit an application including a 500-word essay.
The scholarship award will be inaugurated by an announcement at the 2008 Speech and Prize-Giving Ceremony. Following that, applications will be invited leading to an award at the beginning of the 2008/2009 academic year in September 2008.
Ms. Alice O’Grady has accepted the invitation and will be in attendance to present the inaugural award.

ALICE O’GRADY SCHOLARSHIP ENDOWMENT FUND

Donations are being solicited from the entire BLEOO alumni (BLEOO 74 group in particular) into an endowment fund with the following account details:

Bank name and branch:  GHANA COMMERCIAL BANK, DERBY AVENUE BRANCH, ACCRA.
Account name:  BLEOO 74
Account number:  1151010120526
Account address:  C/O ACCRA ACADEMY, P O BOX GP 501, ACCRA

The following banks in the US and UK deal directly with the Ghana Commercial Bank, Derby Avenue Branch in Accra:

USA
   Citibank NA., 16th Floor Zone St.
   New York, NY 10043
   BIC: CITIUS33
   ACCT # 36062908
   Bankers Trust Company
   1 Bankers Trust Plaza
   New York, NY. 10006
   BIC: BKTRUS33
   ACCT # 04-088-943


UK
   Ghana International Bank PLC.
   59 Cheapside
   London.EC29 2BB
   BIC: GHIBGB 2L
   HSBC (Midland Bank) PLC.
   London
   BIC: MIDLGB22
   ACCT # 39180678

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