Institutional Scholarships and Grants

Institutional Scholarships and Grants
Policy

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Document Number: SFS--115 Revision #: 1.0
Document Owner: Executive VP Date Last Updated: 08/17/2012
Primary Author: Executive Director of Enrollment Services Status: Approved
Date Originally Created: 11/30/2011
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General Description
Description: Information about institutional scholarships and grants relative to student financial assistance.

Purpose: Delineation of policy.

Scope: Students

Responsibility: Student Financial Services
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Requirements
Relevant Knowledge: In order to comply with this policy you should know:
Standard company policies
Standards of good practice
Current University policy
Terms and Definitions: Additional training

Corrective Action

Loss of privilege, general
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Policy Provisions
1. Institutional Scholarships and Grants

Scholarships are non-repayable monetary awards given to qualified students based upon academic and leadership ability. Students may receive academic scholarships in conjunction with their athletic/fine arts scholarship. Combinations of performance and academic awards are subject to approval of the Student Financial Services Committee. Students may apply for one or more of the following, but will receive funding from only one source if eligible. A student's eligibility is limited to 4 academic years, defined as 8 semesters. Students should refer to the Cumberland University Student Financial Services FACT Sheet for additional Scholarship information or additional information can be found at www.cumberland.edu/financial_aid/.

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Performance Evaluation
Performance Metrics: Compliance with standard policy and procedure

Consequences: Further training
Loss of privileges
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Subject Experts
The following may be consulted for additional information.
Executive Director of Enrollment Services