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Departmental Scholarship Disbursement Authorization - Non Grant Funded

Departmental Scholarship Disbursement Authorization - Non Grant Funded 2025

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The document outlines the process for disbursing departmental scholarships that are not funded by grants for the academic year 2012-13. It includes instructions for submitting awards, details on scholarship accounts, and contact information for assistance. The document emphasizes that these scholarships may affect students' financial aid and provides guidelines for processing and communication with the financial aid office.

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What is funded vs unfunded scholarships?

A funded scholarship is typically funded via donor scholarships, or other endowment income specifically set aside for financial aid. Unfunded aid, however, is a type of tuition discounting where an institution foregoes revenue in order to incentivize enrollment.

What does it mean when a scholarship is disbursed?

When students and parents receive financial aid, a disbursement is the payment of funds to support a students education for the next semester. If the amount disbursed exceeds the actual cost of tuition and fees, the excess is refunded directly to the student.

Why is my financial aid not disbursing?

If after the first day of class, aid has not disbursed, the following are some of reasons why aid that was awarded may be delayed: - Your financial aid offer was not accepted. - You are not enrolled in the hours required for receipt of your specific financial aid and/or scholarships.

What does a non disbursing scholarship mean?

Federal Work Study is not listed as Anticipated Aid on your award and is considered non-disbursable, meaning that this type of financial aid fund does not disburse into your student account but ratherĶ. If you have been offered Work Study, it will be indicated on your Financial Aid Award Notification.