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Recipient Information
Scholarship Foundation of Santa Barbara
Requirements for Scholarship Recipients
    1.
    I understand that I must enroll in and complete a minimum of 12 units per term with a 2.0 term GPA or better (a few graduate-level and nursing students may differ in units). I understand that if I withdraw or cease to carry the required number of units, or if I achieve less than a 2.0 GPA in any term, the Foundation may immediately cancel or adjust the award in any way.

    2.
    I understand that it is my responsibility to provide official verification of full-time enrollment for each term to the Foundation in a timely manner, no later than the finals week for each term. Failure to do so will result in immediate cancellation of the award. I am aware that the payment of the total scholarship award will be divided and made on a quarter or semester basis, according to the academic calendar at my college. I understand that I must submit a grade report after each term and an official academic transcript at the end of the academic year.


    3.
    I understand that scholarship payment will be sent to the Office of Financial Aid at my college after the Foundation receives the proof of enrollment. No payments are made directly to a student or to any other intermediary. I am aware that it may take up to 10 business days for the Foundation to send an award check after receiving proof of enrollment.


    4.
    I understand that the award is valid only for the specific academic year noted in my award letter. No warranty, holdover, deferral, or guarantee of any kind is made for an award in any future academic year. The applicant pool and available funds vary every year. I understand that it is solely my responsibility to obtain and complete a re-application form and submit it with all supporting materials by the deadline if I wish to be considered for an award for a future academic year.


    5.
    I understand that it is solely my responsibility to notify the Foundation immediately if I: (a) change my college, (b) change my major, (c) change my permanent address or phone number, (d) cease to carry the required minimum of 12 units, (e) achieve less than a 2.0 GPA in any term, (f) make any other change in my status.


    6.
    I agree to report to the Foundation any funds or support I receive from other sources, by providing a copy of my Financial Aid Award letter from my college and by notifying the Foundation about any other outside financial aid, scholarships, and loans.



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