People often ask, can I lose my Scholarship? The answer is YES, scholarship have eligibility criteria and they also have criteria for keeping.
This is especially important if you have been awarded a renewable scholarship.
It is critical that you understand the terms of your scholarship. You’ll be able to avoid having your scholarship revoked this way.
Can Scholarships Be Taken Away?
The simple and short answer is, YES. Don’t be alarmed.
Most scholarships do not appear and vanish from your bank account like a fleeting feeling of happiness in a capitalist society.
If this happens to you, there are usually reasonable and obvious reasons why you’re losing money.
The following are common reasons for losing a scholarship and how to avoid losing one.
What are the Reasons for Losing a Scholarship?
When you receive a scholarship, the most important thing you should do is read and study whatever information you can find. Recognize how you could lose it.
Don’t just take it and throw it away, or worse, spend it. If you’re not sure how it could be lost, you’re not working hard enough to keep it.
You should always take a close look at your own scholarships.
In general, the following are the most common reasons for scholarship loss:
1. Your Grades
Most academic scholarships require a minimum grade point average.
As in, if your grades aren’t this high, you won’t be able to ride.
Depending on how easy high school was for you and how difficult the program you’re entering is, this could be a minor inconvenience or a major challenge.
If your high school teachers were tough but fair, you might not be surprised by the increase in difficulty in your program.
On the other hand, if your teachers were unfair to you or if your program is extremely difficult, it may be difficult to keep your scholarship.
2. Your Behavior
We’ve all seen High School, or perhaps Project X for the younger generation. Whatever movies you’ve seen, post-secondary education is portrayed as a long session of sex, drugs, and music.
While this is true for some people, they aren’t usually the ones with perfect grades. Not at the level that most scholarships require.
Even if you believe you can be a wild one on weekends and a studious star during the week, you must exercise caution.
Scholarships have either specific or ambiguous requirements regarding their students’ discipline, behavior, or general social media presence.
For instance, if they don’t like how you act on campus or present yourself on social media, they can take your money.
You might be surprised at how simple it is to lose a scholarship.
Again, it is your responsibility to read the contract and understand exactly how and why they may decide to take your money.
3. Changing Your Major or School
Once again, you must read everything carefully. Is the said scholarship for history students generally or students who major in history? There is a significant difference.
Fortunately, this issue should be fairly simple to avoid.
If you received a scholarship for a specific school, program, or major, you must remain in that location to keep the funds.
It can be difficult to lose your tuition if you dislike your program or school, but you must do what you believe is best.