Scholarships

Foundation Scholarships - Important
Information & Awarding Policies

Renewable Scholarships:

• Some scholarships may be renewable; however, the university is not required to renew most Foundation Scholarships for a future academic year. 
• Scholarship recipients must re-apply every year to be considered for renewal.
• Previous year’s recipient (if he or she reapplies) will be placed in a pool of applicants to be considered for renewal, and the scholarship committee will select the most qualified student(s) for the scholarship.

Fund disbursement:

• Scholarships are awarded each academic year with 50% of the award paid in the fall semester and 50% paid in the spring semester.
• Scholarship funds cannot be used towards summer or winter sessions with the exception of scholarship criteria that allows for University approved study-abroad programs.
• If a student is graduating in Decemeber, they will only receive half of the annual amount. 

Cost of Attendance:

• The total Foundation Scholarship award should not exceed the cost of attendance.
• If exceeded, the university reserves the right to reduce the student’s scholarship, even after the award notification has already been sent.
• A Foundation Scholarship may cause the recipient’s other aid - such as academic scholarships, loans, and grants - to be adjusted.

Scholarship Awarding Policy:

• Although every effort is made to present the most accurate information, it is subject to change due to federal, state, university funding and policy or law.
• Qualifying for a scholarship does not guarantee a student will receive a scholarship.
• The scholarship committee will review each student’s application and identify the most qualified students based on the criteria of the scholarship.

• If it is found that a student no longer meets the scholarship eligibility; (e.g. major change, student’s GPA falls below the required criteria, student has a conduct violation, etc.), the student’s scholarship(s) may be revoked.
• Students may view scholarship opportunities and their criteria at https://ulm.academicworks.com.
• All scholarships are subject to the availability of funds and may not be awarded/renewed each year.
• Most scholarship recipients will receive one Foundation Scholarship; however, the scholarship committees may be compelled to award the most outstanding scholarship applicants more than one scholarship. Our goal is to assist as many students as possible, while adhering to the donor’s wishes.
• For more information, please review ULM Foundation Scholarship Awarding and Administration Policy adopted by the office of ULM Foundation and ULM Scholarships.