A scholarship is a huge benefit to many students, and qualifying for one can be an amazing feeling.
However, it’s important to remember that losing your scholarship is possible if you aren’t careful.
Here are some mistakes you’ll need to avoid if you want to make sure those funds keep coming.
Missing the Deadline to Renew Your Scholarship
If you’ve got a renewable scholarship, then it’s your responsibility to make sure you reapply in time to get it renewed. You’ll need to make sure that you meet the application deadlines in place, or you may find yourself in a position where your original scholarship has ended and it’s too late to replace it. Make sure you avoid this situation by planning ahead and applying long before the deadline has passed.
Letting Your GPA Slide
Many scholarships require you to maintain a certain GPA, and failing to do so is a common reason many student lose their scholarships. High school grades are often easier to maintain than college grades are, so prepare to study harder than ever before.
Dishonesty While Applying
Most application forms warn you against being deceitful. This isn’t just a formality–it’s a strict warning. If you lie about your past on the application, you could end up losing your scholarship and even being forced to give back any funds they’ve already supplied you with. Embellishing your personal history may seem tempting, but it can have serious consequences.
Misusing Scholarship Funds
The funds you receive will often be earmarked for very specific purposes. You may be able to use them for room and board, for tuition, for books, or for other education-related expenses, but not for just anything. If you aren’t sure whether or not there are stipulations on how scholarship funds can be used, then it’s wise to check.
Trouble With The Law
Your personal behavior can get your scholarship revoked no matter how excellent your grades are. Driving under the influence or drinking while underage is a serious offense, and not surprisingly, it can lead to an abrupt end of your scholarship. If this happens, it’s important to seek the help of a Toledo criminal defense lawyer. Being caught with drugs, plagiarism, and breaking school rules can also be result in your scholarship ending.
Not Getting Enough Credit Hours
Your scholarship may stipulate that you have to maintain a certain student status or get in enough credit hours to qualify. Pay attention to these requirements, as ignoring them can result in the scholarship being revoked. If you have any questions about the requirements, make sure you talk to someone and clear them up as soon as possible.
Since scholarships differ in what they require, it’s always wise to make sure you’ve studied the stipulations and cleared up any areas of confusion. Keep those goals in mind throughout the semester and you shouldn’t face any unexpected issues with keeping your scholarship.