What is a scholarship?
Scholarships are funding provided by donors to help you achieve your educational goals. Unlike a student loan, scholarship funds do not need to be paid back. However, many people who receive scholarships while attending school become donors once they are gainfully employed.
My GPA isn’t high, is it worth applying for a scholarship?
Yes, if you have a GPA of at least 2.5 you should apply. Scholarships are awarded to students based on your academic performance, community service and leadership experience. And some are awarded because of where you live or attend high school.
Can you give me an estimate of how much I could receive through a scholarship?
Although we cannot guarantee future scholarship awards, we can provide information on past awards. Remember, GPA is only part of the consideration for awarding scholarships. It is important to answer the essay questions with as much information as possible to maximize your potential award amount.
Cumulative GPA Estimated Award
(Estimated amounts are based on historical GPA data, student involvement & student leadership. Estimates are not guaranteed)
3.95 – 4.0 $3,250 3.5 – 3.94 $1,850 3.25 – 3.49 $1,550 3.0 – 3.24 $1,300 2.75 – 2.99 $1,250 2.5 – 2.74 $1,100
I’m not sure if I’ll be attending college, should I wait to apply for scholarships?
No. Apply for scholarships as soon as applications are open for the next academic year. Knowing how much you could receive in scholarship funding can help you to determine your future plans.
If I have a scholarship, should I apply for financial aid?
Yes. You should always apply for financial aid by completing a FAFSA form. Financial aid comes in many forms. If qualified, you may receive a grant which is similar to a scholarship in that these funds do not need to be paid back. Even if you do not qualify for a grant, you may qualify for a student loan with a lower interest rate and which does not need to be paid back until you have completed your schooling. Please visit with the financial aid department for more detailed information: https://www.minnesota.edu/financial-aid
If I have financial aid, should I apply for a scholarship?
Yes. Scholarship funds are first applied to your college account to pay for tuition. If your tuition is already paid, you can use the scholarship funds to purchase books, pay for housing or other expenses such as food or child care.
If I receive a scholarship, do I need to do anything?
- Read, complete and return your acceptance form.
- Write (mailing originals and uploading a copy to FACF) thank you letters to your scholarship(s) donor(s).
- Attend the scholarship reception (the date of the reception is provided in your award letter).
- Maintain a 2.5 GPA or higher.
- Take a minimum of 12 credits per semester with 8 credits being classes assigned to the Fergus Falls campus. For a list of classes assigned to Fergus Falls, please run a class schedule at at https://www.minnesota.edu/academics/class-schedules, sorted by campus via Advance Search. (If you take 8-11 classes while meeting the campus requirement, your award will be prorated.)
How will I know if I receive a scholarship?
Continue to check the email you provided on your scholarship application. All award notices and continuing communication will be sent to this e-mail address.
When are scholarships awarded?
Annual scholarships are awarded in April, May, June and July for the following academic year. Spring only scholarships are awarded during December and January before Spring semester begins.
If I have an annual scholarship, can I receive another scholarship for Spring semester?
No. Annual scholarships are awarded for the full academic year with ½ being paid during Fall semester and ½ being paid during Spring semester. As we have one application for the multitude of scholarships we award, you only need to apply one time.