Conditions of Award

1. I understand the aid as offered is provided to supplement my own resources for payment of my educational costs associated with my attendance at Oregon State University. I agree to use the funds for my educational expenses as outlined in the student budget and understand that funds will be made available beginning the first day of each term.

2. I understand that my award may be adjusted during the year by the Office of Financial Aid and Scholarships due to inadequate institutional, state, or federal funding or to other unknown factors such as changes in student attrition or percentage of award acceptances.

3. I understand that I must enroll for a full-time course load (12 credits undergraduate, 9 credits graduate) unless I have made specific arrangements in writing with the Office of Financial Aid and Scholarships for a reduced course load. I also understand that if I reduce/drop credit hours I may be required to repay some of the aid that I have already received.

4. I understand that I am expected to maintain satisfactory academic progress and to complete my degree requirements within a maximum timeframe in order to continue to receive aid. I understand that I am responsible for knowing the standards of satisfactory academic progress as noted in the Financial Aid Award Guide sent with my initial Award Letter and on the web at: http://oregonstate.edu/admin/finaid/SAP.html

5. I understand that if Federal Work-Study is part of my aid, I must work to earn the amount of this award. I understand that the wage will be at least the state minimum wage and that I cannot work more than 20 hours in a week while school is in session.
   (see http://oregonstate.edu/admin/finaid/WSjobs.html )

6. I understand that if my parents are interested in the Federal Direct Parent PLUS loan, one parent needs to submit the Parent PLUS loan application found at
   (http://oregonstate.edu/admin/finaid/forms.html ) to the OSU Office of Financial Aid and Scholarships. The parent that completes the loan application must also complete and sign the Master Promissory Note (MPN) at: http://dlenote.ed.gov.
   
   
7. I understand that if I am a first time borrower accepting the Federal Ford Direct student loan, I am required to complete an Entrance Counseling session at: http://www.dlservicer.ed.gov and sign a Master Promissory Note (MPN) at: http://dlenote.ed.gov.
   
   
8. I understand that I must notify the Office of Financial Aid and Scholarships in writing if I withdraw from the University during a term or do not register for a term. I also understand that if I withdraw I may be required to repay some of the aid that I have already received.
   
   
9. I understand that the scholarships listed on my award letter are part of my aid package information and I must accept my scholarships as offered separately by the donor.

Reporting Additional Sources of Aid
(see http://oregonstate.edu/admin/finaid/pdfs/Reportaid.pdf )

I agree to report to the OSU Office of Financial Aid and Scholarships any additional assistance I may receive at any time throughout the school year. This includes, but is not limited to, all departmental scholarships, stipends, fellowships, GRA or GTA positions, ROTC stipends, room and board allowances or subsidies, veteran's benefits, vocational rehabilitation, staff rates, tuition waivers, BIA, etc. I understand that additional assistance may result in a reduction of my award and/or require repayment of financial aid already received.