If you are a first-year student you will receive your award over eight consecutive semesters/four years. If you are a transfer student you will receive your award over four consecutive semesters/two years. This does not include summer.
The scholarship will appear as pending aid on your Financial Aid Offer and will apply to your account charges after the second week of classes.
If you receive other institutional aid your merit scholarship may be reduced. The remainder cannot be refunded or rolled over to future semesters.