Payment of Awards
All awards, except Federal Work-Study earnings, and some Federal
Stafford Loans, and Federal PLUS Loans, are disbursed to students by
means of a direct credit to their account. Financial aid
disbursements are made on a semester-by-semester basis only;
disbursement of all awards is dependent upon final approval by the
Director of Financial Aid. Only when a studentís file is complete
can aid be credited to the account.
Renewal of Awards
Renewal FAFSA information is provided to students by the U.S. Department of Education. Students must meet the eligibility
requirements indicated above and file the appropriate applications
for each program. The preferred deadline for receipt of a completed
financial aid file is May 1. Applicants whose files become complete
after this time will be considered based upon availability of funds.
For renewal of the Oglethorpe Scholars Award, all students must
maintain a cumulative grade-point average consistent with good
academic standing. A 3.2 or higher grade-point average is required
for renewal of a James Edward Oglethorpe scholarship.
Students who fail to meet the cumulative grade-point average
requirement may attend Oglethorpeís summer school program in order
to make up deficiencies. Courses taken elsewhere will not affect the
cumulative grade-point average at Oglethorpe.
In addition to the cumulative grade-point average requirement,
students must earn at least 24 semester hours during the current
academic year. Students who are deficient in the number of hours
required might attend summer school at Oglethorpe. Students also
have the option of submitting a written appeal to the Admission and
Financial Aid Committee.
Students who meet the scholarship renewal criteria will have their
awards automatically renewed for the next academic year.