How are scholarship funds distributed?
Each semester, the Foundation transmits directly to the financial aid office of each university the amount awarded each Scholar for that semester. The university will disburse the funds in payment of tuition, fees, and housing (for Scholars living on campus). Any excess is paid to the Scholar in a lump sum for use in defraying educational expenses for that semester. If a Scholar withdraws from school and receives a refund or otherwise does not use the money for the purposes intended, the remainder must be refunded by the Scholar to the Foundation.
