All institutional scholarships (academic, athletic, fine arts, band) use the Pell Grant as the floor(base) upon which the scholarship award is built. This means that any Pell Grant that the student is eligible to receive is applied toward the student's direct education costs first. Any remaining direct education costs will then be covered by the scholarship up to the dollar amount of the signed scholarship contract .
Scholarships and achievement grants are awarded to deserving students based on scholastic merit and financial need. Scholarships and achievement grants are offered as an integral part of the recipient's total financial aid package. Policies concerning scholarships are determined by the department administering the scholarship. The academic scholarship program at
Students on Federal Financial Aid who withdraw from the University during the refund period must return a portion of any refund to the financial programs from which aid was disbursed. The methods of returning funds to financial aid programs shall be calculated using the current federal aid refund policy in conjunction with the University Refund Policy.
Students who are eligible for the federal and state programs listed above must meet the following criteria:
� Be a U.S. citizen or eligible non-citizen.
� Be registered with Selective Service, if required to do so.
� Have financial needs as determined by an approved needs-analysis.
� Be enrolled half-time.
� Make satisfactory academic progress as defined by MVSU toward a degree or certificate.
� Not be in default on any loan or not owe a refund on any grant made under Title IV of the Higher Education Act of 1965, as amended by any institution.