General Information for Applicants and Revised Scholarship Critieria

General Information for Applicants

  1. The Tuition Settlement Scholarships (TSS) will be available on an annual basis for the Summer and Fall or Winter Semesters. All confimed eligible applicants must apply for the TSS online and must meet all deadlines, including (a) application deadline, and (b) supporting documentation deadline (copies of marriage licenses, notarization of marriage forms, and copies of birth certificates or adoption decrees).
  2. The TSS is a credit against educational fees/tuition for the current enrollment period. No cash or checks will be provided to eligible students or former students who elect not to apply for the TSS.
  3. The TSS will be applied to educational fees/tuition only. The TSS cannot be applied towards any other expenses and unused TSS funds may not be carried forward to another semester or refunded to student.
  4. The application of the TSS to the billing of confirmed applicants will be as follows:
    1. The TSS will be the first credit used to reduce the base educational fees/tuition assessed for the semester.
    2. If the TSS recipient is also receiving benefits from another source, (such as a Third Party Sponsor, Employee Educational Assistance or Graduate Fee Waiver) that would normally cover the same educational fees/tuition, the TSS will pay first. If there are remaining educational fees/tuition after the TSS has been applied, the other sources will then credit (according to their rules and maximums).
    3. Activity fees, computing fees, supplemental fees, special course fees and optional charges such as insurance are not considered part of the base educational fees/tuition and are not covered by the TSS.
  5. There cannot be any combining of scholarships (e.g., where an applicant and spouse both apply and are confirmed, and one chooses not to utilize the TSS). The party who chooses to utilize the TSS cannot combine or compound the scholarship award.
  6. Once a confirmed application status has been determined, the TSS cannot be transferred to anyone else, including a spouse or child who may individually be eligible. Each individual receiving the TSS must have individually applied for the scholarship and must be individually confirmed.

Revised Scholarship Criteria

  1. Eligibility
    1. Class members
    2. Spouses of class members (at the time of application)
    3. Natural and adopted children of class members
    4. Class members shall have priority over spouses and children of class members, as described in Items 2 and 3 below.
  2. If the number of class members submitting completed applications by the stated deadline exceeds the number of scholarships available in any given year, the scholarships will be awarded to such class members on the basis of a random drawing.
  3. If the number of class members submitting completed applications by the stated deadline is less than the number of scholarships available in any given year, all such class members shall be awarded a scholarship.
  4. The remaining scholarships available in any given year will be awarded to eligible spouses and children of class members submitting completed applications by the stated deadline as follows:

    1. If the number of applicants exceeds the number of available scholarships, on the basis of a random drawing; or
    2. If the number of applicants is less than the number of available scholarships, all eligible spouses and children of class members shall be awarded a scholarship.
  5. Eligible applicants may receive scholarships more than once, but scholarships are not automatically renewable from year to year.
  6. To be eligible for one of the scholarships, the class member or the spouse and children of a class member must be enrolled on one of the campuses of the University of Missouri System in a course or courses for which academic credit from said campus may be earned, with no limitation on whether it is an undergraduate, graduate, professional, or on-line course.
  7. Each class member is equally eligible without regard to the number of semesters he or she attended within the applicable time period.
  8. The University will develop scholarship application forms to be utilized by class members and/or eligible spouses and children of class members in applying for said scholarships. Applications from class members will require the applicant to submit written documentation from which the University can ascertain the applicant’s class membership (e.g., name, social security number, student number, time period attended to establish eligibility, etc.). In addition to the documentation described above for class members, applications from eligible spouses and children will require the applicant to submit written documentation from which the University can ascertain the requisite relationship to class member (e.g., the identity of the class member under whom eligibility is based, marriage certificate, birth certificate, adoption decree, affidavit, etc.).
  9. Scholarships will be a minimum of $500.00, but in no event shall the amount of the scholarship exceed the amount of educational fees or tuition charged by the University to said scholarship recipient.
  10. The first such scholarships shall be awarded for the 2006-2007 academic year.
  11. During the 2006-2007 academic year, the amount of the annual scholarships will be $500.00 each and the total number of such scholarships available during the academic year will be 4,770. The University will have flexibility to adjust the amount and the number of scholarships available in subsequent years within the following principles:

    1. The scholarship fund is to remain in existence for twenty-five years (25), with the express understanding that the corpus of scholarship fund may be invaded for funding scholarships with the intention that the entire corpus and actual earnings thereon, or as much thereof as is reasonably possible given the demand by eligible applicants, would be utilized for the stated purposes prior to the 25th anniversary date of the establishment of such scholarship fund; provided, however, that in no event will the Defendant be obligated to contribute to such scholarship fund any amount in excess of the original amount of $10,000,000 plus the actual earnings thereon whatever such earnings may be.
    2. When the financial condition of such scholarship fund permits, the amount of each scholarship will increase by three percent (3%) over the amount of the scholarship from the preceding year; provided, however, that if the financial condition of the scholarship fund suggests the need to reduce the amount of the scholarships, they may be reduced, but in no event shall they be reduced below the amount of $500.00.
    3. Subject to the principles stated in the foregoing Scholarship Criteria, the University will endeavor to make available the greatest number of scholarships possible.

Reviewed 2014-09-26.