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What is an Award Notice?

April 26, 2017award Notice

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What is an Award Notice?

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An award notice is your notification that Ferris State University has offered you financial aid. The first award notice sent each academic year will be mailed to you. You will be notified by email each time your award notice is revised. Your award notice will provide you with the average cost of attendance at Ferris, including room and board, books, tuition and personal expenses. Your actual expenses may vary according to your personal needs and choices. The term “financial aid” refers to loans, grants, work-study and scholarship funds. Your award notice will inform you of the type(s) and amount(s) of financial aid you are being offered at FSU for the semester(s) designated. Financial aid awards may change for many different reasons. For instance, we may be notified of scholarship awards after your initial award; or you may change your enrollment status from full-time to half-time. Every time a change to your financial aid award is processed, you will be notified of the change with a n

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An Award Notice is the document used to notify the agencies and includes all the pertinent details to utilizing the contract, i.e., contract requirements, contract period, successful vendor(s), prices, delivery requirements, shipping terms, billing, payment and other terms and conditions.