scholarship insurance

scholarship insurance

If you are suspended, you will lose your scholarship.

If you are suspended, you will lose your scholarship for the first semester.

You must appeal before returning to school. If your appeal is successful, your scholarship will be reinstated. If your appeal is not successful, your scholarship will be terminated.

What can I do to prevent losing my scholarship?

There are several steps you can take to reduce the risk of losing your scholarship and minimize the stress of losing a scholarship.

The first step is to understand the requirements and conditions for maintaining the scholarship. Do this when you apply for the scholarship, not after you have lost it. The information should be included in any application materials or acceptance letters, but if it isn’t, ask questions. Find out what grade point average (GPA) is required to keep your scholarship, how many credit hours you need each semester, and what happens if you don’t meet those criteria. Don’t assume that a 2.0 GPA is good enough to keep your scholarship because that may not be the case for all scholarships.

The second step is to visit your advisor frequently throughout each semester. Your advisor may know about resources that can help you maintain academic standing and keep from losing your scholarship money. She may also be able to give suggestions about alternative courses that would fit into your schedule better or provide insight on whether or not dropping a course will disqualify you from keeping your award money.

Example 1: Failing a single course as a freshman will reduce your scholarship.

  • Example: Failing a single course as a freshman will reduce your scholarship.
  • A scholarship insurance policy could help you pay for additional tuition, living expenses, and books.

Example 2: Your GPA drops below the minimum required by your scholarship.

If you are worried about your GPA, talk to your academic advisor. They will be able to help you calculate your GPA and determine if it is something that requires immediate attention. They can also provide helpful guidance on what you can do to raise it before the end of the semester. If, for example, a low grade in one class is pulling down your overall grade point average, you might consider retaking that course for additional credit. Your school’s scholarship office may also have tips and advice on how to avoid losing a scholarship due to academic performance or other eligibility criteria.

The bottom line: Scholarship Insurance covers you if circumstances beyond your control force you out of school or impact your ability as an athlete. These circumstances include not only death and disability but also things like natural disasters, family emergencies and financial hardship—all of which could cause students great stress & anxiety during an already challenging time in their lives.

What do I need to do to keep my scholarship?

  • To keep your scholarship, you must maintain the required GPA, credit load and any other requirements of your scholarship (e.g., community service hours).
  • If you need help to maintain your scholarship, reach out to the Scholarship Office early on. The office is located in the Bldg. 1 lobby and can be reached at 649-5413 or scholarships@tu.edu.

It is critical that you maintain the GPA, credit load and other requirements of your scholarship.

It is critical that you maintain the GPA, credit load and other requirements of your scholarship. Scholarship programs look closely at your grades and may revoke your scholarship if you fail to maintain these standards. The rules are always included in the Terms and Conditions of your award letter. Pay careful attention to the following:

  • Maintain the GPA stated in your scholarship agreement. If you have a 3.5 cumulative GPA, this means that if a semester’s grades drops you below 3.5, then even though you may have been awarded for the next semester or quarter, you will not receive any funds for that period until your cumulative GPA returns to 3.5 or better. You must request reinstatement by contacting the Scholarship Coordinator at UA Little Rock Financial Aid Office or go to [website].
  • Take a minimum number of hours each term as specified by your award letter if it is greater than 12 hours (full-time). Most awards require part-time study (6-11 hours). If you are an athlete, special rules apply; please contact UALR Student Athlete Academic Services Office for details on maintaining athletic eligibility requirements at 501-683-7774 or [email].
  • Do not repeat courses after receiving an A in one attempt unless required by your program/major department advisor (refer to “Repeat course work” statement under general information). Students should also be aware that repeating a course may result in loss of financial aid (refer to SAP policy above) and Scholarships Office will not pay more than once for a course taken multiple times unless approved by authorizing department/program official(s).
  • After receiving an F in any course, repeat only once unless required by program/major department advisor (refer to “Repeat course work” statement under general information). Students should also be aware that repeating a course may result in loss of financial aid (refer to SAP policy above) and Scholarships Office will not pay more than once for a

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