Frequently Asked QuestionsServices for Scholarship Winners
Where are scholarship checks sent? Scholarship checks, which are made payable to the order of "Chris Johnson or ABC College," are mailed to the Director of Financial Aid for verification of the Scholar's full-time enrollment and good academic and disciplinary standing. The college will either deposit the check and credit the Scholar's account with the institution or give the check to the Scholar upon presentation of proper ID. When are scholarship checks mailed? Checks for one-time nonrenewable awards are mailed in early September. Checks for four-year awards are mailed to colleges that operate on the semester system in early September and January. Most colleges that operate on the quarter system elect to receive payments in early September, December and March. What should a Scholar do if he/she loses a scholarship check? Ask the Director of Financial Aid to fax (847/866-5115) or mail to NMSC's Finance Department a stop payment request that includes the Scholar's name, NMSC ID #, check #, check date or term, and amount. How does a Scholar renew a four-year scholarship? An Application for Scholarship Renewal will be sent to the Scholar's home address in early March. The form must be completed and returned by late March. NMSC does not confirm receipt of a renewal application, but a Scholar will be contacted in late April if it has not been received. If the Scholar does not submit the renewal application, the scholarship will be withdrawn and no further checks will be sent. What should a Scholar do if he/she will not be enrolled at the same college next term? Complete this form after you have submitted your Application for Scholarship Renewal for the applicable academic year. (Adobe Acrobat Reader 5.0 or above is required.) Then fax (847/866-5143) or mail it to Scholarship Services. The appropriate application (transfer, cooperative work study, study abroad, leave of absence) will be mailed to the address provided. Can a Scholar receive a scholarship payment for summer term? Complete this form to request a summer study application. (Adobe Acrobat Reader 5.0 or above is required.) Then fax (847/866-5143) or mail it to Scholarship Services. The summer study application, which specifies eligibility requirements, will be mailed to the address provided. What should a Scholar do if his/her permanent home address changes? Complete this form. (Adobe Acrobat Reader 5.0 or above is required.) Then fax (847/866-5143) or mail it to Scholarship Services. Should a Scholar report scholarship payments as income when filing his/her tax return? Yes, but only if the total amount of all scholarships received exceeds the cost of tuition, fees, books, supplies and other course-related required equipment. Check stubs serve as the records of payments sent by NMSC. Page last updated September, 2006 |
 2007 Student Guide  2007 Annual Report  NMSC Corporate Brochure 
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are federally registered service marks of National Merit Scholarship Corporation. PSAT/NMSQT is a registered trademark of National Merit Scholarship Corporation and the College Board.