Number: 
03-110-104
Type: 
Rule
Policy Steward: 
Director of Business Affairs
Format Updated: 
University Policy & Standards Converted: 
Status: 
Current
Revision Date: 
Tuesday, March 22, 2016

This information replaces FIS 101-03 Outside Scholarships & FIS 303 Fellowships and Participant Support

 

101-03 Outside Scholarships

Fiscal Operations Manual
Section 100: Revenue (External) - Depositing & Recording
Effective: 01/01/2003
Revised: 03/22/2016

SCHOLARSHIPS, SUNDRY

These scholarships are received and disbursed to student accounts according to University policy or specific instructions from the donor. Scholarships for full-time enrolled students are disbursed based on donor authorization or, if not specified, on a pro-rata basis for the academic year. The Office of Business Affairs provides the name, OSU ID number, and dollar amount to the Office of Financial Aid and Scholarships for coordination with Title IV financial aid.

National Merit Scholarships

OSU participates with the National Merit Scholarship Corporation to award merit-based scholarships to high school seniors. Students selected as finalists in the College-sponsored program, who list Oregon State as their "first choice" school on the NMSC application, are eligible to receive $2,000 per year, renewable for up to four years with specific renewal requirements to be met by the recipient. Qualified finalists must apply for admission by February 1.

OREGON STUDENT ACCESS COMMISSION (OSAC)

The Oregon Student Access Commission administers privately funded scholarships for Oregon residents. The application deadline is March 1 for the following academic year. Most OSAC scholarships require completion of the Free Application for Federal Student Aid (FAFSA). Applications are available by contacting OSAC at 800-452-8807 or online at the Oregon Student Access Commission website.

 

303 Students - Fellowships and Participant Support

Fiscal Operations Manual
Section 300: Accounts Receivable 
Effective: 01/01/2003
Revised: 03/10/2016

Research fellowships from sponsored projects are administered through the Office of Sponsored Research and Award Administration (OSRAA).  OSRAA provides names, University ID numbers and amounts of fellowships to the Office of Financial Aid and Scholarships to coordinate with Title IV federal financial aid programs.  See Grant, Contract, Gift Accounting Policy and Procedure Manual and FIS 410-32 Participant Support Costs.