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SCHOLARSHIP POLICY Unless the individual scholarship policy states otherwise, and in order for an academic scholarship recipient to retain any disbursement of his/her award, the student must maintain all criteria for the scholarship for at least 60% of the scholarship award period per regular semester (Fall/Spring), and at least 60% of the scholarship award period for summer terms. Should the student fail to meet all criteria during this time, the student will be required to repay the scholarship award prior to the first class day of the next semester. The student must also satisfactorily complete the minimum number of hours required by the scholarship program each semester in order to receive the second disbursement or any remaining scholarship funds for the subsequent semester.All scholarship recipients receiving merit-based scholarships through the A&M-Texarkana Recruitment Office are required to have a permanent social security number on file in admissions. All scholarship recipients awarded through the A&M-Texarkana Recruitment Office are required to be degree-seeking or certificate seeking and have a degree plan on file. Effective Spring 2009: Out-of-state students, (anyone who is not a Texas resident) who enroll in web only courses, will not be eligible to receive merit based scholarships through the A&M-Texarkana Recruitment Office. Should the student fail to repay the scholarship award, all university records will be tagged and the student will be unable to obtain transcripts or register with A&M-Texarkana until the debt has been paid. University academic scholarship recipients may also pursue "need-based" financial aid, however, the student’s total award may not exceed the student’s “financial need” as determined by the Federal Need Analysis. In some cases, a student’s financial aid award must be reduced or cancelled in order for the student to receive the scholarship. If the student receiving the Albert Loftin Scholarship does not enroll at A&M-Texarkana or does not remain enrolled as a full-time student, the scholarship becomes an interest-bearing note. The first payment will be due October 1st, with compound interest accruing at 10% effective September 1st. The total amount of Loftin Scholarship funds received to date must then be repaid within twelve (12) months. (EXCEPTION: Student teaching will be considered as full-time for scholarship purposes only). Any student who receives a "renewable" scholarship must re-apply for the scholarship each year. Scholarship applications are available in January in the Recruitment Office and must be completed and submitted by the published deadline. If the recipient fails to meet the minimum scholarship requirements at any point in time, the scholarship may not be renewed. However, the student may re-apply for the same scholarship for the next year and will be considered as all other applicants for the award. Note: Renewable scholarships are contingent upon the availability of funds for the next award year. All academic scholarship recipients are REQUIRED to submit a “letter of appreciation” to the Recruitment Office with their scholarship award letter. (EXCLUDING some Institutional Scholarships.)These letters will then be forwarded to the appropriate donor or club with an announcement letter of the recipient/s. A student who wishes to appeal this ruling on the basis of "extenuating circumstances" must do so in writing to the Recruitment Office. The appeal decision will be made by the Scholarship Committee, and the student will be notified of the decision. The Scholarship Committee is comprised of the Vice President of Student and Academic Services, Director of Institutional Advancement, the Director of Enrollment Managment & Outreach Activities, Stacey Epps; Coordinator of Scholarships, and Marilyn Raney; the Director of Financial Aid. All scholarship recipients are selected without discrimination based on age, sex, race or religion. All scholarships are subject to the availability of funds and are subject to change. |
