At the end of the spring semester a scholarship termination letter will be mailed to those students who did not meet the requirement as of the end of the Spring semester. All students receiving outside scholarship awards need to notify the Financial Aid Office to properly credit the student's account at the Business Office. We may have to adjust federal financial aid in accordance with federal regulations. Creighton awards all scholarships to incoming freshmen. Transfer students with less than 25 credit hours earned may be considered as freshmen at the discretion of the Undergraduate Admissions Office.
All financial aid is credited by semester.
One half of the yearly award will be deducted from the assessed charges at fall registration, the other half at spring registration. By using the EFT process, loan proceeds are automatically credited to the student's account at the Business Office. This process eliminates the need for check endorsement by students and parents. If you do not select a preferred lender, your loan proceeds will be forwarded to Creighton University via paper checks and the Business Office will have them available at registration each semester. Federal regulations mandate that all Stafford and PLUS checks are co-payable to the borrower and Creighton University.