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IFAP
FSA Information for Financial Aid Professionals
U.S. Department of Education

Citations: (R)652.41
AsOfDate: 12/31/95

What is the duration of a scholarship?

(a) In the first award year after a Scholar is selected by


the President, the Scholar receives his or her initial scholarship,
for a period of one academic year, for his or her first year of
undergraduate study in one of the scholarship disciplines at an
institution of higher education.

(b) Except for a Scholar covered in paragraph (c) of this


section, a Scholar who satisfies the requirements of Sec. 652.42
may receive up to three additional scholarships in subsequent
award years, each awarded for a period of one academic year, in
order to complete his or her undergraduate course of study.

(c) A Scholar who satisfies the requirements of Sec.


652.42 and who is enrolled in an undergraduate course of study
that requires attendance for five academic years may receive
additional scholarships for not more than four additional academic
years of undergraduate study.

(Authority: 20 U.S.C. 5382)