How do I get my scholarship or loan check?
For scholarship checks, the student must initiate the check disbursement process each term by submitting verification of full-time enrollment to the Foundation in a timely manner. Students accomplish this by turning in a copy of their schedule of classes each term. The schedule must clearly show the student's name, college name, term, courses, and units printed on it. Email schedules to info@sbscholarship.org or mail them to the Foundation office at PO Box 3620, Santa Barbara, CA 93130. No scholarship checks will be disbursed until the student submits verification of full-time enrollment.
For loan checks, if the student has a signed and accurate Loan Agreement and Release Statement on file at the Foundation office along with a current academic transcript (required for continuing college students), a loan check will be issued at the beginning of each term (fall or winter/spring).
How are scholarship and loan checks processed and where are they sent?
Scholarship checks are disbursed according to the college's academic calendar. If your school is on a semester schedule, the total scholarship award will be divided in two; and one-half will be disbursed in the Fall and one-half will be disbursed in the Spring. If your school is on a quarter schedule, the total award will be divided in three and disbursed as one-third in each term.
Loan checks are disbursed twice a year, regardless of the college’s academic calendar. The total loan award amount will be divided in two, and one-half will be issued in August and one-half will be issued in December for students with complete files.
Payment of the scholarship and loan awards will be mailed to the Financial Aid Office at your college. It will take up to 7-10 business days for the Foundation to issue and send pending checks after your file is complete.
What are the requirements to remain eligible for a scholarship or loan payment?
Students must enroll in and complete at least 12 units each term (some programs require less than 12 units to be considered full-time) with a minimum 2.0 GPA in order to remain eligible for an award. If a student withdraws or does not complete the required number of units, or if the student does not achieve the minimum 2.0 GPA, the Foundation has the right to cancel or adjust the award in any way.
What if I change my major, my college, or my address?
If you change any of your personal or school information, notify the
Foundation right away. It is solely the student's responsibility to notify the
Scholarship Foundation in writing if the student has a: (1) change of college,
(2) change of major, (3) change of permanent address, email address, home phone
or cell phone, (4) withdrawal of units to less than full-time status, (5) less
than a 2.0 GPA. You may email information to the Foundation at info@sbscholarship.org.
Please note that these changes may impact your scholarship and/or loan
award(s).