Supplemental Funding for Your Future
External Scholarships are outside funding resources or opportunities that come from organizations such as churches, sororities and fraternities, social and civic organizations, foundations, postsecondary schools, public and private corporations, ROTC, and various Veteran Support Bills that provide scholarships and grants to college students.
- External scholarships are considered as a resource and are calculated against the cost of attendance. In compliance with federal, state, institutional, and stipulated donor directives, should any scholarship create an over-award, Xavier is required to prevent the over-award by reducing loans, work-study, grants, and/or scholarships.
- External/outside scholarships are processed in accordance with the donor’s directives and cannot exceed the cost of attendance components (tuition, mandatory fees, and room and board.) Donor directives may indicate that the funding can only be applied to certain educational expenses (i.e., tuition and or tuition and fees).
- Typically, the donor award letters will identify the educational expenses to be covered and the time framework of the award i.e. semesters. In addition, the award letters will often reference adjustments that may be made to the recipient’s institutional aid as a result of the new funding. Adjustments are made at the time that the external funds are received.
Given that external funding may be received at any time during the academic year, aid adjustments may be made throughout the academic year.
Frequently Asked Questions听听听听
ㅤExternal scholarships should be mailed to the following address:
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1 Drexel Drive Box # 121
New Orleans, La 听70125
When awarding scholarship funds please include in the memo, the student’s full name and Xavier ID number, if available.
We process a large number of external scholarships. Please allow 5-7 business days, once we have received your scholarship funds, for processing and posting to your financial aid offer.听
It is our policy that all external scholarship awards are split evenly between the Fall and Spring semesters of the academic year in which it is received unless otherwise stated in a letter or memo accompanying the scholarship check.
If expecting external scholarships, students should notify us by submitting an award letter to the Office of Student Financial Aid & Scholarships. Award letters should come from the scholarship organization and include the student's name and the amount of the award. With the letter on file, we can add the expected award to the student’s financial aid award.
If a student does not attend Xavier, any unused portion of the scholarship is returned to the organization unless otherwise stated by the organization.