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The University of Toledo Foundation : Scholarships and Awards

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The University of Toledo Foundation
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    Scholarships and Awards

         UT Foundation scholarships and awards are generally paid in one of two ways:

    Scholarships Applied to Students’ Accounts:

         These are awarded by the designated scholarship administrator through the UT online Award Notification System (ANS). The ANS lists the scholarship’s annual budget and then allows the administrator to make awards according to the scholarship’s criteria. Scholarship administrators or their college/department are responsible for notifying students of their awards. Award letters should also request that the student write a letter of appreciation to the donor.

         Please contact the Foundation to be sure you have current scholarship award criteria and donor addresses. Contact Scholarship Services at 419-530-5808 if you need to be set up as ANS administrator.

    Awards Paid to Students by Check:

         The Foundation prefers that scholarships be applied to a student’s account rather than paying awards directly to the student by check. For award checks paid directly to the student, as well as scholarship amounts that exceed the amounts of tuition, fees and books, the student may be issued a 1099 and must claim the income.

         However, if a Foundation fund is set up as an award for a graduating senior, used for student research, or cannot be applied to a student’s account for some other reason, please check with the Foundation to see if the award may be made payable to the student. If so, a disbursement order with recipient information and two authorized signatures would be required. Other scholarship award criteria and annual budgets must also be observed.

     

     

     

     

     

     

     

     

     

     

     

     

     

    Page updated: July 13, 2009
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