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That depends on the scholarship. The money might go directly to your college, where it will be applied to any tuition, fees, or other amounts you owe, and then any leftover funds given to you. Or it might be sent directly to you in a check. Was this page helpful?
Scholarship funds are classified as tax-deductible donations, given that they meet the following IRS guidelines: The scholarship must go toward helping students pay direct educational costs. Direct educational costs include tuition, fees, and required course materials.
Scholarships are gifts. They dont need to be repaid. Some scholarships cover the entire cost of your tuition, others are awards that will help reduce the cost and make the remainder more manageable. You have nothing to lose and an education to gain.
Foundation Scholarships The University of North Florida Foundation has established endowments to fund scholarships for merit and need based students of UNF. The endowments come from the generosity of many individuals, alumni, local philanthropists, non profit organizations and corporations.
First, a scholarship can help you pay for school. It can allow you to focus on your studies and not worry about working a part-time job to pay for tuition. A scholarship can help you get into a better school. If youre looking to attend a prestigious university, a scholarship can give you the financial means.
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