SCHOLARSHIP FAQs

Can I combine the Timothy P. O’Shaughnessy scholarship with other scholarships or financial aid? 

Your school’s financial aid office is responsible to monitor received financial aid and ensure it doesn’t exceed the stated Cost of Attendance.  In many circumstances, several scholarships and loans can be combined before reaching the limit.  

 

How is payment made?

Scholarship checks will be made payable to the Financial Aid Office at the students’ school or university unless other arrangements have been made.  

 

What happens if I transfer to another school? 

Your scholarship travels with you!  You will need to continue to provide documentation under our Annual Renewal Procedures, and upon approval, we will coordinate with your new school.  

 

Toward what types of adult education can my scholarship be applied? 

Graduates may apply annually for funding towards graduate school, adult education classes, special certification and training, etc.  

 

Do I have to apply for renewal each year? 

Yes. Funds will be disbursed only after annual Board review and approval. If you choose not to apply in any given year, you are ineligible for financial aid consideration for that year only.  You may reapply later as long as it’s within the ten-year window from your first date of award.  Scholarship funds are for use in the annual award period only, and may not be delayed or transferred.  

  

I went to college straight out of high school and earned my degree in 4 years.  Since then, I’ve been working for 2 years.  Now, I’ve decided I want to return to school.  Can I apply for funds again?

Absolutely!  Your funds remain available to you for a full ten years from the first date of award.  In the above scenario, you would have up to four years of aid remaining for which you may apply.  

 

What happens if I don’t make the grades? 

Explanations not excuses . . .

It’s our desire to help our scholars be the most they can be.  If a student fails to meet our minimum requirements, they are encouraged to request an Appeal for Aid.  Our appeal process provides the student an avenue to talk to us, to let us know what happened.  Through the Appeal for Aid, the student outlines what extenuating circumstances occurred that affected performance, and what action plans are in place to improve performance so that student can be reinstated to full support.  The Board reserves the right to deny or reduce financial aid during any school year covered under Appeal for Aid.  

 

For what situations may the Appeal for Aid be used?

The Appeal for Aid Process may be used anytime a student in good standing with their school is unable to meet our minimum requirements of completing 24 hours with a GPA of at least 3.5.  Examples may include changing majors, transferring to a different school, or withdrawing from classes for personal reasons.  

 

If you have any further questions please email them to info@timoshfoundation.org