In all cases, it is the students' responsibility to notify the appropriate awarding body of their wish to be considered for University of Saskatchewan awards, and to provide that body with a complete academic transcript of their last year of study. Only under exceptional circumstances will the recipient of a scholarship be allowed to defer their award beyond the session for which it has been awarded. Arrangements for deferral must be made with the body that granted the award. Students will not be permitted to defer bursaries. The cash value of an award, with the exception of some prizes is applied toward payment of the recipient's tuition and fees when registration is completed in the fall.
Any balance is awarded in cash.
Some large awards are paid in two installments, one half in the fall and the balance when classes reconvene in January. As a general rule, and as a guideline to awarding bodies, an attempt is made to limit the total value of awards offered to any one student to a sum that does not exceed twice the value of that student's tuition. There shall be, however, a reasonable and judicious discretionary range associated with this limit. The University reserves the right to withhold a University-administered award from a student who holds a major award from any other source. The University assumes liability for the payment of awards only to the extent that expected gifts from donors or returns from particular investments of endowed funds are realized.