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What happens when you lose your scholarship {For collage}?
Im a great student but my friend lost their scholarship recently. What happens?
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5 answers
Updated
Doc’s Answer
Scholarships are a great way to help pay for your education. Though it takes a lot of work to apply for them, they can be a beneficial tool to help you complete school without having to take out a mountain of student loans. However, the work doesn’t stop at applying for scholarships. After you’re awarded the money, you’re typically held to specific academic and personal standards. Not holding up your end of the agreement could result in the loss of the scholarship.
• BAD ACADEMIC PERFORMANCE
Keep your grades up. A low Grade Point Average (GPA) is one way you could lose a scholarship, especially if it has strict GPA requirements or is merit-based. When you accept money for a scholarship, make sure you fully understand the academic standards you’ll be held to. The last thing you want is to depend on money that doesn’t come through because your GPA dipped a point or two too low.
• SWITCHING MAJORS
If a scholarship based on your major, there’s a chance you could lose that money if you decide to switch majors. There’s nothing wrong with switching majors. It happens more often than you think. But when a scholarship is involved, you might not be able to take that money with you. It’s one aspect of making the switch that you’ll need to consider.
• CHANGING COLLEGES
If you decide to transfer schools and have an institutional-based scholarship, you’ll likely lose that money when you get to your new school. While there’s always the option that you could be considered for a scholarship at your new school, you shouldn’t assume that scholarship money from a previous school will transfer with you.
• STUDENT STATUS
Be sure to check whether your scholarships require you to take a certain number of credit hours in order to be eligible. ‘Full time’ generally means 12 credit hours or more, while ‘Half time’ means at least 6 credit hours in most cases. Check to make sure what your school’s definitions of ‘Full time’ and ‘Half time’ are, and make sure that you sign up for enough credit hours each term.
• MISUSE OF SCHOLARSHIP FUNDS
Some scholarship providers are very specific on how you can use your scholarship money (for tuition, room and board, books, etc.). If you use scholarship funds for other purposes, you may lose your scholarship. Many providers list how their scholarship may be used in the application or criteria, but make sure to contact your provider if you are not sure. However, it is also important to note that most of your scholarships will probably be handled by your college’s financial aid office, and they should direct your scholarship money to the right place for you.
When you accept a scholarship, you are signing a contract stating that you will manage the gift of a cheaper education efficiently and professionally. If you know the terms of your scholarship and commit to meeting those terms, you can graduate without breaking the bank.
• BAD ACADEMIC PERFORMANCE
Keep your grades up. A low Grade Point Average (GPA) is one way you could lose a scholarship, especially if it has strict GPA requirements or is merit-based. When you accept money for a scholarship, make sure you fully understand the academic standards you’ll be held to. The last thing you want is to depend on money that doesn’t come through because your GPA dipped a point or two too low.
• SWITCHING MAJORS
If a scholarship based on your major, there’s a chance you could lose that money if you decide to switch majors. There’s nothing wrong with switching majors. It happens more often than you think. But when a scholarship is involved, you might not be able to take that money with you. It’s one aspect of making the switch that you’ll need to consider.
• CHANGING COLLEGES
If you decide to transfer schools and have an institutional-based scholarship, you’ll likely lose that money when you get to your new school. While there’s always the option that you could be considered for a scholarship at your new school, you shouldn’t assume that scholarship money from a previous school will transfer with you.
• STUDENT STATUS
Be sure to check whether your scholarships require you to take a certain number of credit hours in order to be eligible. ‘Full time’ generally means 12 credit hours or more, while ‘Half time’ means at least 6 credit hours in most cases. Check to make sure what your school’s definitions of ‘Full time’ and ‘Half time’ are, and make sure that you sign up for enough credit hours each term.
• MISUSE OF SCHOLARSHIP FUNDS
Some scholarship providers are very specific on how you can use your scholarship money (for tuition, room and board, books, etc.). If you use scholarship funds for other purposes, you may lose your scholarship. Many providers list how their scholarship may be used in the application or criteria, but make sure to contact your provider if you are not sure. However, it is also important to note that most of your scholarships will probably be handled by your college’s financial aid office, and they should direct your scholarship money to the right place for you.
When you accept a scholarship, you are signing a contract stating that you will manage the gift of a cheaper education efficiently and professionally. If you know the terms of your scholarship and commit to meeting those terms, you can graduate without breaking the bank.
Thank you for sharing your perspective.
Jazzy
Updated
Michelle’s Answer
Hi, Jazzy !
Losing a scholarship usually means that you would not receive the money awarded by the scholarship. I am not sure what you are asking. Do you want to know what your friend can do ? Do you know why your friend "lost" the scholarship ? These things and more will weigh on what your friend can do next.
Many things can lead to revocation of a Scholarship. Some of these may be that a student didn't meet academic standards, underperformance if the scholarship is connected to a certain major, missing deadlines, not putting in hours for labs or volunteer work assigned, not fulfilling the requirements specified by the scholarships like attending meetings or certain events which the scholarship requires. A scholarship can also be lost if a student changes to a different major not a major tied to the scholarship or the college deems the scholarship invalid. Sometimes, with some scholarships, if you use the money for unintended purposes outside of the scholarship guidelines, the donor can revoke it. Also a scholarship donor may not feel that they invested the money well if the student becomes irresponsible or destructive so they would revoke the scholarship.
To know why the student lost the scholarship would be helpful in knowing what to do about it. You can review the different reasons why your friend lost the scholarship and your friend will have to be ready to make improvements in the areas that caused the revocation. You can just lend a listening ear and support your friend in your friends' new plans to move ahead and encourage your friend that all is not lost.
You can inform a student that they can appeal a scholarship revocation and I would advise the friend to visit the on-campus financial aid office as well as the Campus Appeals Committee for a one on one discussion about how to appeal. If it was a college issued scholarship at the college your friend is enrolled at the friend can contact or visit the Campus Appeals Committee. Appeals are a process and there's no set period of time for how long the Appeal will take. Sometimes there is a time limit for appeals, too, so you friend needs to read the information sent to her or visit the campus offices as soon as possible.
I wish you and you friend all the best !
Losing a scholarship usually means that you would not receive the money awarded by the scholarship. I am not sure what you are asking. Do you want to know what your friend can do ? Do you know why your friend "lost" the scholarship ? These things and more will weigh on what your friend can do next.
Many things can lead to revocation of a Scholarship. Some of these may be that a student didn't meet academic standards, underperformance if the scholarship is connected to a certain major, missing deadlines, not putting in hours for labs or volunteer work assigned, not fulfilling the requirements specified by the scholarships like attending meetings or certain events which the scholarship requires. A scholarship can also be lost if a student changes to a different major not a major tied to the scholarship or the college deems the scholarship invalid. Sometimes, with some scholarships, if you use the money for unintended purposes outside of the scholarship guidelines, the donor can revoke it. Also a scholarship donor may not feel that they invested the money well if the student becomes irresponsible or destructive so they would revoke the scholarship.
To know why the student lost the scholarship would be helpful in knowing what to do about it. You can review the different reasons why your friend lost the scholarship and your friend will have to be ready to make improvements in the areas that caused the revocation. You can just lend a listening ear and support your friend in your friends' new plans to move ahead and encourage your friend that all is not lost.
You can inform a student that they can appeal a scholarship revocation and I would advise the friend to visit the on-campus financial aid office as well as the Campus Appeals Committee for a one on one discussion about how to appeal. If it was a college issued scholarship at the college your friend is enrolled at the friend can contact or visit the Campus Appeals Committee. Appeals are a process and there's no set period of time for how long the Appeal will take. Sometimes there is a time limit for appeals, too, so you friend needs to read the information sent to her or visit the campus offices as soon as possible.
I wish you and you friend all the best !
Thank you for taking the time to help.
Jazzy
You are very welcome, Jazzy !
Michelle M.
Updated
Veronica’s Answer
Explore the possibilities of securing a part-time job or even a side hustle. There's a world of opportunities out there, waiting just for you! Don't forget to consider other forms of financial assistance as well. You've got this!
This was super helpful, thank you!
Jazzy
Updated
Douglas’s Answer
There's a whole world of college scholarships out there, ranging from academic and athletic to those based on need. Even though your friend has lost a scholarship, it's important to remind them that this isn't the end of the road. There are countless other ways to fund their education and achieve their degree. A multitude of scholarship programs, education grants, and student loans are just waiting to be discovered. With a little grit and perseverance, your friend is sure to find a solution to this hurdle. Let's keep the faith and encourage them to explore all the opportunities out there!
This was super helpful, thank you!
Jazzy
Updated
Lirio’s Answer
I'm sorry to hear about your friend's scholarship situation. Losing a scholarship can be a challenging situation, but there are typically a few steps and options to consider:
1. **Understand the Reason**: It’s important for your friend to find out why they lost the scholarship. Common reasons might include not meeting academic performance standards, failing to complete required paperwork, or not maintaining the minimum credit hours.
2. **Check for Appeals**: Many scholarships have an appeal process. If your friend believes there was a mistake or if there are extenuating circumstances, they should check if they can appeal the decision. This often involves contacting the scholarship provider or the college's financial aid office.
3. **Look for Alternatives**: There might be other scholarships, grants, or financial aid options available. Your friend can explore departmental scholarships, private scholarships, or federal and state aid to fill the gap.
4. **Consider Adjusting Financial Plans**: Losing a scholarship might mean adjusting the budget, taking on a part-time job, or finding other ways to manage expenses. It’s a good idea to speak with a financial advisor at the college to understand all available options.
5. **Talk to the College**: Sometimes, colleges have emergency funds or can offer other forms of financial assistance. It’s worth discussing the situation with a financial aid officer to see if they can provide any support or advice.
6. **Focus on Academics**: If the scholarship was lost due to academic reasons, your friend might need to work on improving their grades or academic standing to become eligible for reinstatement or future scholarships.
Encouraging your friend to take proactive steps and explore all available resources can help them navigate this situation.
1. **Understand the Reason**: It’s important for your friend to find out why they lost the scholarship. Common reasons might include not meeting academic performance standards, failing to complete required paperwork, or not maintaining the minimum credit hours.
2. **Check for Appeals**: Many scholarships have an appeal process. If your friend believes there was a mistake or if there are extenuating circumstances, they should check if they can appeal the decision. This often involves contacting the scholarship provider or the college's financial aid office.
3. **Look for Alternatives**: There might be other scholarships, grants, or financial aid options available. Your friend can explore departmental scholarships, private scholarships, or federal and state aid to fill the gap.
4. **Consider Adjusting Financial Plans**: Losing a scholarship might mean adjusting the budget, taking on a part-time job, or finding other ways to manage expenses. It’s a good idea to speak with a financial advisor at the college to understand all available options.
5. **Talk to the College**: Sometimes, colleges have emergency funds or can offer other forms of financial assistance. It’s worth discussing the situation with a financial aid officer to see if they can provide any support or advice.
6. **Focus on Academics**: If the scholarship was lost due to academic reasons, your friend might need to work on improving their grades or academic standing to become eligible for reinstatement or future scholarships.
Encouraging your friend to take proactive steps and explore all available resources can help them navigate this situation.
Thank you for the advice.
Jazzy