Transfer Merit Scholarship

Transfer Merit Scholarship Guidelines

This merit scholarship is designated for outstanding students transferring to the University. Qualified students will automatically receive the Transfer Merit Scholarship based on their USI admission application credentials.

The scholarship provides $1,500 per academic year to be applied to all allowable USI billable charges.

Renewal Criteria

• Must maintain a 3.0 cumulative GPA
• Continuous full-time enrollment (fall/spring)
• Successful completion of 24 credit hours (fall/spring)
• May be used for 4 consecutive years/8 semesters of eligibility (or until first bachelor’s degree)

Things to Know

• Earned hours and cumulative GPA will be evaluated at the conclusion of each spring semester.
• May be used for the summer if renewal criteria are met in the previous semester. Full-time enrollment is required for summer usage and it will count as 1 semester.
• An Academic exception can be requested to the enrollment requirement for program schedule restrictions. A request must be made by the student and documented by the Academic advisor.
• A Leave of Absence for one semester can be requested by the student due to extenuating circumstances such as an illness, co-op/internship, etc.
• Students who are enrolled in accelerated programs who initially start in the program during the second part of a term must be enrolled in at least 6 credit hours to receive a prorated portion of the scholarship and must maintain full-time enrollment for the remainder of the program.
• If renewal criteria are not met, summer classes may be taken at USI (at student’s expense) to make up the deficiency. A written appeal will be required to request reinstatement of the scholarship.
• An appeal may be submitted to request reinstatement of scholarship due to extenuating circumstances if the renewal criteria are not met. A written appeal will be required to request reinstatement of the scholarship.

Appeal Process

Appeals must be submitted in writing to the Student Financial Assistance Appeals Committee at USI. Please request or print an 'Appeal of Financial Aid Ineligibility' form. It can be found under the Forms & Handouts button on the Student Financial Assistance website. Decisions of the Appeals Committee are final.

Note

All participating students must maintain good standing at USI. Students who are dismissed from the University for any reason, forfeit all entitlement to this scholarship.

Awards are subject to approval based on availability of funding. No cash refunds are made to students from this scholarship.

Students may check their MyUSI account for the most current financial aid information. USI reserves the right to make necessary adjustments. Renewal of this scholarship depends upon future funding. The University reserves the right to change scholarships, policies, and award amounts. The right to correct errors is also reserved.

Questions about the Transfer Merit Scholarship guidelines?

Contact the Student Financial Assistance office at 812-464-1767 or 800-467-1965; or email finaid@usi.edu. Business hours are Monday - Friday, 8 a.m. - 4:30 p.m. (central time).