Congratulations! You received an outside scholarship... now what?
In accordance with Federal Student Aid regulations, you must report outside scholarships to the Financial Aid Office. Outside scholarships may impact your eligibility for the following need-based federal student aid programs:
- Federal Work Study
- Federal Direct Subsidized Loan
Complete the Outside Scholarship Report Form and return it to the Financial Aid Office.
Scholarship checks should include:
- Student's Name
- Student's LU ID
Scholarship checks should be mailed to:
Student Accounts Office
711 E Boldt Way
Appleton, WI 54911
Scholarships are usually paid with one check for the annual amount, or two checks--each for half of the annual amount. The timing of when the scholarship check is received affects how the scholarship is applied to your bill.
|Scholarship Check Received||1 check for 100% of annual amount|
|Prior to Sept. 15||1/3 of the annual scholarship amount is applied to Fall Term balance|
|Between Sept. 15 and Jan. 15||2/3 of the annual scholarship amount is applied to Winter Term balance|
|After Jan. 15||
100% of scholarship is applied to Spring Term balance
|Scholarship Check Received||Check #1 for 50% of annual amount||Check #2 for 50% of annual amount|
|Prior to Sept. 15||1/3 applied to Fall Term balance||NA|
|Between Sept. 15 and Jan. 15||1/2 is applied to Winter Term balance||1/6 applied to Winter Term balance and 1/3 applied to Spring Term balance|
|After Jan. 15||1/2 applied to Spring Term balance||1/2 is applied to Spring Term balance|