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FAQs: COS

1. What costs are covered with my College Opportunity Scholarship (COS)?

The table below shows the maximum term (semester or quarter) award of The Susan T. Buffett Foundation Scholarship at each public college in Nebraska for the 2019-2020 academic year based on tuition and fee amounts at each college.  The scholarship funds can be applied to any part of your cost of attendance (COA) at any of the eligible Nebraska public colleges. This includes resident tuition, fees, books, room and board, personal expenses and transportation.  You must be considered a Nebraska resident at the college where you enroll.  Any unused portion of this award does not accrue and may not be applied to subsequent terms.

Maximum Award Terms for 2019-2020

2. How do I receive my scholarship funds?

Once you officially accept the scholarship, the Foundation informs the Financial Aid Office at your college. The scholarship will be disbursed by the Financial Aid Office at the beginning of each term (semester or quarter). If you have questions about how the scholarship will be applied to your account, you will need to contact your college's Financial Aid Office.

 

3. When does my scholarship start? How do I renew the scholarship each year?

Your scholarship begins the fall term of your award year. The scholarship will automatically renew each semester/quarter for up to five years at a four-year college or up to three years at a two-year college as long as you continue to meet the scholarship requirements, or until you graduate or obtain your bachelor's degree, whichever comes first.

 

4. What is required to maintain my scholarship?

To maintain your scholarship, you must:

  • Maintain at least 9 credits per term;
  • Achieve a cumulative GPA of at least 2.0 each term;
  • Earn at least 1 credit hour each term; and
  • Acquire at least 18 credit hours or 27 quarter hours in each academic year..

 

5. What if I add classes after my scholarship has been paid?

The costs of these classes are your responsibility. If classes are added between the early registration period and the first week of classes for fall or spring, or the first day of summer session, scholarship funds will pay the additional tuition/fees up to the maximum scholarship amount.

 

6. What happens if I drop classes?

You must maintain at least 9 credits per term, earn at least one credit hour each term, and you must earn at least 18 credit hours or 27 quarter hours in each academic year. Failure to meet these requirements will result in a probationary period. Two consecutive or three total terms of probation will result in the loss of your scholarship.

 

7. Does my scholarship cover summer courses?

Yes. The summer term is funded the same as the fall or spring terms, and students are funded based on the number of credits enrolled (see award chart). NOTE: If you receive federal financial aid during the summer, it is your responsibility to contact the financial aid office regarding requirements and funds disbursement.

 

8. If I take summer courses, does it count as a term?

The Foundation gives the summer term the same weight as any other term. If you take summer courses, you are expected to maintain a cumulative GPA of at least 2.0 and earn at least 1 credit hour.  You are not required to take summer courses, and there is no minimum credit hour requirement.  The only time you will be expected to take summer courses is if you did not meet the 18 credit hour or 27 quarter hour requirement during the academic year..

 

9. Can I use my scholarship to Study Abroad or participate in an Exchange Program?

Yes. You need to complete and submit the Study Abroad/Exchange Program Request form available on the Request Forms page of our website. You are eligible to receive scholarship funds for Study Abroad or Exchange programs provided:

  • You will earn credits toward graduation while abroad;
  • The program is approved by your primary college/university;
  • Tuition and fees are paid directly to the primary college/university OR another NE public college;
    • Funding for Study Abroad is based on the number of credit hours the student is enrolled in during the Study Abroad term (ex. 6 credit hours equals 1/2 time funding. See Award Table below).
    • Funding is disbursed during, not prior to, the term of Study Abroad
  • You are not on probation at the end of the term immediately prior to going abroad; and
  • You completed a "Request to Study Abroad" form prior to the deadline and received approval from the Foundation to use funding for study abroad. The deadlines to submit this form are as follows:
    • Fall term: August 1st
    • Spring term: December 1st
    • Summer term: April 1st

You must successfully complete two terms with at least a 2.0 cumulative GPA at your primary college in order to study abroad or participate in an exchange program. If you are making a request and have only completed one term, you will be required to submit additional information and your request will be reviewed on a case-by-case basis. If you started your Study Abroad/Exchange term before the previous term's grades were reported, and you earned a cumulative GPA less than 2.0, the Foundation is not responsible for funding the Study Abroad/Exchange term.

 

10. May I use my scholarship for CNA class(es)?

Yes. The scholarship can be used for any undergraduate CNA class(es).

 

11. What should I do if I cannot enroll in college for a current or future term due to special circumstances?

If you are unable to enroll in college for a term due to special circumstances, you can request your scholarship be placed on hold. You must complete an "On Hold Request" form located on the scholarship website https://app.buffettscholarships.org/request/OnHold. Explain the reason for your request and provide any relevant documentation. The Foundation will review your request and send you an email with the decision. These requests are considered on a case-by-case basis. Some examples of special circumstances include: military service, health issues, and pregnancy.

 

12. What happens if I applied to a program or I'm on a waitlist and I cannot be enrolled next semester/quarter?

Please contact the Foundation at 402-943-1383 or scholarships@stbfoundation.org to discuss your situation.

 

13. What if I reach maximum years on scholarship at a community college but still wish to attend a 4-year college?

Please contact the Foundation at 402-943-1383 or scholarships@stbfoundation.org to discuss your situation.

 

14. May I transfer my scholarship to another Nebraska public college?

Yes. You may transfer your scholarship to any Nebraska public college as long as you are still an undergraduate student, meet the scholarship requirements, have been admitted to the college you are transferring to, have a $0 balance at the college you are leaving, and complete a Transfer Request form. The Transfer Request form can be found on the Request Forms page of our website. Your transfer request must be submitted at least 2 weeks prior to the beginning of the term and be approved by the Foundation. The list of colleges that you can transfer your scholarship to are as follows:

Nebraska Community Colleges-

  • Central Community College (CCC)
  • Little Priest Tribal College (LPTC)
  • Metropolitan Community College (MCC)
  • Mid-Plains Community College (MPCC)
  • Nebraska Indian Community College (NICC)
  • Northeast Community College (NECC)
  • Southeast Community College (SCC)
  • Western Nebraska Community College (WNCC)

Nebraska State College System-

  • Chadron State College (CSC)
  • Peru State College (PSC)
  • Wayne State College (WSC)

University of Nebraska System-

  • Nebraska College of Technical Agriculture (NCTA)
  • University of Nebraska Kearney (UNK)
  • University of Nebraska-Lincoln (UNL)
  • University of Nebraska Medical Center (UNMC)
  • University of Nebraska Omaha (UNO)

 

15. Can I transfer my Buffett Scholarship to the University of Nebraska Medical Center?

Yes. Your scholarship will transfer to UNMC only for specific programs as long as you pursue an undergraduate bachelor’s degree at UNMC (i.e., Nursing, Dental Hygiene, Radiography), and complete the Transfer Request form found here: Request Forms. You cannot use the scholarship for any UNMC programs that are considered graduate or professional. 

 

16. Can I use my scholarship at another Nebraska college even if I am a student at a different campus?

Yes. You are eligible to submit a request to receive scholarship funds at a secondary college unless you are enrolled full time at your primary college. A request for funding at a secondary college is due two weeks prior to the beginning of the semester/quarter. The Funds for a Secondary College Request form can be found on on the Request Forms page of our website.

 

17. May I use my scholarship for graduate classes?

No. The scholarship is for undergraduate classes only.

 

18. Who should I contact if I have additional questions?

If you attend a state or community college, please email scholarships@stbfoundation.org or call 402-943-1383. Please include your name, college, and type of Scholarship: COS.

If you attend NCTA, UNK, UNL, UNMC, or UNO please email scholarships@nebraska.edu. Please include your name, NU ID, campus, and type of Scholarship: COS.

 
Email: scholarships@stbfoundation.org   Telephone: (402) 943-1383
 

The Susan Thompson Buffett Foundation responds to questions about college scholarships only. The Foundation does not respond to other inquiries.


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