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Get the free Terms and Conditions of Awards (including Bright Futures) - fau

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This document outlines the terms and conditions for receiving financial aid awards, including scholarships and loans, at Florida Atlantic University. It includes information on satisfactory academic
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How to fill out Terms and Conditions of Awards (including Bright Futures)

01
Gather all relevant information regarding the award program, including eligibility criteria and application process.
02
Define the purpose of the awards clearly, specifying any academic or performance standards required.
03
Outline the financial details, including the amount of the award, disbursement schedule, and conditions for maintaining eligibility.
04
Specify the responsibilities of both the award recipients and the organization providing the awards.
05
Include information about any requirements for renewals or reapplication, if applicable.
06
Clearly communicate any penalties or consequences for non-compliance with the Terms and Conditions.
07
Review the document for clarity and legal compliance, ensuring all terms are easy to understand.
08
Make the Terms and Conditions accessible to all potential award applicants, typically on the program's website.

Who needs Terms and Conditions of Awards (including Bright Futures)?

01
Students applying for financial aid or scholarships, including Bright Futures recipients.
02
Educational institutions administering awards to ensure compliance and proper information dissemination.
03
Organizations or scholarship foundations providing financial support to understand their obligations.
04
Parents or guardians of students needing to understand the terms attached to awards.
05
Legal advisors reviewing the awards to ensure fairness and legality in the agreement.
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All Bright Futures recipients are required to meet minimum credit hour and GPA requirements to renew their award each year. Students enrolled full time for both semesters are required to earn at least 24 semester hours in order to renew their award at the end of each academic year.
Academic Scholars will receive an award equal to 100% of tuition and applicable fees. The tuition and applicable fees for 1 credit hour is $212.28.
The Florida Medallion Scholars (FMS) award covers 75% of tuition and requires a minimum GPA of 3.0 and a minimum ACT score of 25 or a minimum SAT score of 1210.
Eligibility Be a Florida resident. Earn a standard high school diploma. Be accepted and enrolled in an eligible Florida public/private post-secondary school. Enroll for at least six semester credit hours. Complete community service or paid work hours. Not have been found guilty of a felony.
The Florida Bright Futures Scholarship Program, funded by the state of Florida, provides scholarships based on high school academic achievement. The program has different award levels, each with its own eligibility criteria and award amounts. Awards are per credit hour.

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Terms and Conditions of Awards outline the eligibility requirements, rules, and obligations associated with receiving awards such as scholarships or financial aid, specifically targeting programs like Bright Futures.
Students who are applying for or have been awarded financial assistance through programs like Bright Futures are required to file the Terms and Conditions of Awards.
To fill out the Terms and Conditions of Awards, students should review the guidelines carefully, complete all required fields accurately, and submit any necessary documentation as outlined by the award program.
The purpose of Terms and Conditions of Awards is to ensure that recipients understand their responsibilities and the stipulations of the award, facilitating compliance and accountability in the use of funds.
Information that must be reported typically includes student identification details, the amount of funding received, the intended use of the funds, and any specific conditions tied to maintaining eligibility for the award.
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