VIII. General Statements on Awards

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Definitions

Payment of Awards for Entrance Students

Awards will be applied directly to the student's financial account in two equal payments in the fall and winter semesters.

Students who receive an award and who withdraw from the semester in which the award is received, or change the number of credits in which they are registered, may have their award adjusted. This adjustment will be calculated up to the twentieth class day according to the rebate schedule in effect for that semester and the published terms and conditions for the award.

The University reserves the right to amend awards subject to the availability of funds.