Outside Scholarships
According to federal regulations, scholarships received from
donors outside of Butler University are considered to be a resource
available to meet your financial aid eligibility need. As a
financial aid recipient, you must report all outside scholarships
from sources other than the federal, state and university programs
that have been offered to you. If you are receiving need-based aid
and the combination of assistance (including your outside
scholarships) exceeds your financial aid eligibility, the
need-based aid may be reduced. In addition a reduction of merit
awards may occur if the total of all tuition specific awards
exceeds the cost of tuition or if the value of all awards
(including the outside scholarships) exceeds the total cost of
attendance.
Students are responsible for following through with the
scholarship donor to make sure the scholarship checks are sent
directly to the Office of Financial Aid in a
timely manner. Checks must be properly endorsed to insure the
scholarship is credited to the student's account in a timely
manner. (July 1 for fall enrollment and December 1 for spring
enrollment.) The Office of Student Accounts does NOT
consider outside scholarship funds as a credit to the account until
the funds have been received and processed by the Office of
Financial Aid. Scholarships in the amount of $500 or more
will be split evenly between the fall and spring semesters.
Students may report their outside scholarships online at my.butler.edu (Self Service -
Student Center - Finances - Financial Aid - View - Outside
Scholarships) or by mailing a copy of the award letter directly to
the Office of Financial Aid.