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Office of Financial Aid
University of Mississippi

Terms and Conditions for the
Fannie Richardson Scholarship

  • This scholarship is payable in equal installments between the Fall and Spring semesters.
  • Full-time enrollment of at least 12 hours each semester is required.
  • Independent Study classes (also known as correspondence courses or iStudy) can only be used to count towards the full-time enrollment requirement if they are semester-based – not Flex courses. In addition, the scholarship amount may be reduced if students are enrolled in iStudy classes ONLY that term.
  • Eligibility for future years is conditional upon your maintaining at least a 3.0 cumulative grade point average on a 4.0 scale on all course work attempted at The University of Mississippi only. (Transfer grades are not counted).
  • Maximum eligibility is limited to eight consecutive regular semesters (Fall and Spring only). This scholarship will not pay for Winter Intersession, Summer sessions, or any mini-terms.
  • Eligibility ceases once a bachelor’s degree is obtained or the student begins a Professional/Graduate program.
  • Renewal eligibility for subsequent years will be determined at the end of each Spring semester. Warning notices may be issued if the student goes below the 3.0 mark at the end of the Fall semester.
  • Completion of the Free Application for Federal Student Aid (FAFSA) is required each year.
  • If you withdraw from the University within the 100% institutional refund period (the first 10 days of classes), any scholarship that has already credited to your bursar account must be repaid in full.
  • If you withdraw from the university and attend another college, you will forfeit your scholarship unless prior arrangements have been made with The University of Mississippi, Office of Financial Aid.
  • This scholarship in combination with all other financial aid and resources may not exceed the student’s estimated cost of attendance. If it exceeds this cost, it will be subject to reduction.
  • You must prepare a letter during your first term of enrollment thanking the donor for your scholarship. Please visit https://finaid.olemiss.edu/donorthank/ for directions. Failure to comply with this expectation will result in termination of your scholarship.