Saturday, November 19, 2011

How do I keep my Bright Futures?

I have a Bright Futures scolarship and I think I might get a D in one of my classes. Right now my GPA is a 3.0. What are the requirements for keeping my scholarship? And if I decide to switch from my university to a community college will I still keep my schalorship?|||The eligibility requirements to renew a Bright Futures Scholarship depend on the level of scholarship that you are receiving.





If you are a Florida Academic Scholar, you must maintain an overall GPA of 3.0 to be renewed for the following year.





If you are a Florida Medallion Scholar, you must maintain an overall GPA of 2.75 to be renewed.





A Florida Academic Scholar who does not maintain the required 3.0 GPA is automatically renewed as a Florida Medallion Scholar if their cumulative GPA falls between 2.75 and 2.99. As you are probably aware, this is a lower level of scholarship support, which pays only 75% of tuition and allowable fees each year.





No matter what type of Bright Futures scholarship a student receives - if their cumulative GPA falls below 2.75, their scholarship will be suspended. Those students have ONE opportunity to re-qualify, if they can improve their GPA to the program minimums.





Here's one piece of good news: Summer grades can be used to meet the scholarship requirements. A student can ask the financial aid officers at his/her school to submit a grade update to the Bright Futures scholarship. If your cumulative GPA falls below 3.0, and you want to maintain your Florida Academic Scholars support, you may want to attend summer school courses, in order to regain your eligibility for 100% aid for next year.





The other option is to drop to Medallion level, where you would still receive 100% of tuition and fees for any community college, however the Medallion scholarship does not include the $375 annual award for "college-related expenses".





I hope that helped. Good luck to you.

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