Common use of SCHOLARSHIP USAGE Clause in Contracts

SCHOLARSHIP USAGE. Scholarship funds may be applied to tuition, textbooks, and other appropriate mandatory educational expenses. All unusual or questionable items of expense must be referred to the State Organization’s Scholarship Committee with as much information as possible, and far enough in advance, for consideration of approval. Amounts received as scholarship payments are taxable income to the extent that they exceed “Qualified Tuition and Related Expenses.” Qualified Tuition and Related Expenses are defined as tuition and fees required for a student’s enrollment or attendance at an educational organization, including: tuition, fees, books, supplies, and equipment required of all students in the particular course of instruction. Payments for on-campus room and board will be made directly to the educational institution (or for off campus housing if permitted by your state-affiliated 501(c)3 foundation). All such requests must be accompanied by appropriate documentation from the educational institution (or fully- executed lease agreement) evidencing the charges for same. In order to qualify, candidates must maintain at least twelve (12) credit hours as a full-time student, nine (9) credit hours as a part-time student, or nine (9) credit hours as a graduate student. Payments do not cover key fees or deposits. Utilities (electric, gas, cable, phone, etc.) are also not covered. Payment of all approved expenditures must be made directly to the college, university, or other accredited institution of higher learning as recognized by the US Department of Education upon receipt of a detailed current tuition statement reflecting a balance due the school, unless extenuating circumstances exist (with the exception of computer or musical equipment expenses outlined in Paragraph 2 below). Payment to any non-domestic institution of higher learning must have a U.S. federal tax identification number. Personal reimbursements to scholarship recipients will not be honored. Please note, the amount requested may not exceed the amount due. When requesting an award, it is the student’s responsibility to ensure proper planning and time allotment to process the scholarship request in order to meet all deadlines. The State Organization suggests allowing a minimum of thirty (30) days to process a scholarship request. Please note, it is each candidate’s obligation to determine whether the scholarship, in whole or part, is includable in gross taxable income, regardless of whether a Form 1099 has been issued by either the State Organization or the State Organization’s affiliated 501(c)3 foundation. Candidates are encouraged to consult a tax advisor regarding the taxability of the scholarship payments.

SCHOLARSHIP USAGE. Scholarship funds may be applied to tuition, textbooks, and other appropriate mandatory educational expenses. All unusual or questionable items of expense must be referred to the State Organization’s Scholarship Committee with as much information as possible, and far enough in advance, for consideration of approval. Amounts received as scholarship payments are taxable income to the extent that they exceed “Qualified Tuition and Related Expenses.” Qualified Tuition and Related Expenses are defined as tuition and fees required for a student’s enrollment or attendance at an educational organization, including: tuition, fees, books, supplies, and equipment required of all students in the particular course of instruction. Payments for on-campus room and board will be made directly to the educational institution (or for off campus housing if permitted by your state-affiliated 501(c)3 foundation). All such requests must be accompanied by appropriate documentation from the educational institution (or fully- fully-executed lease agreement) evidencing the charges for same. In order to qualify, candidates contestants must maintain at least twelve (12) credit hours as a full-time student, nine (9) credit hours as a part-time student, or nine (9) credit hours as a graduate student. Payments do not cover key fees or deposits. Utilities (electric, gas, cable, phone, etc.) are also not covered. Payment of all approved expenditures must be made directly to the college, university, or other accredited institution of higher learning as recognized by the US Department of Education upon receipt of a detailed current tuition statement reflecting a balance due the school, unless extenuating circumstances exist (with the exception of computer or musical equipment expenses outlined in Paragraph 2 below). Payment to any non-domestic institution of higher learning must have a U.S. federal tax identification number. Personal reimbursements to scholarship recipients will not be honored. Please note, the amount requested may not exceed the amount due. When requesting an award, it is the student’s responsibility to ensure proper planning and time allotment to process the scholarship request in order to meet all deadlines. The State Organization suggests allowing a minimum of thirty (30) days to process a scholarship request. Please note, it is each candidatecontestant’s obligation to determine whether the scholarship, in whole or part, is includable in gross taxable income, regardless of whether a Form 1099 has been issued by either the State Organization or the State Organization’s affiliated 501(c)3 foundation. Candidates Contestants are encouraged to consult a tax advisor regarding the taxability of the scholarship payments.

SCHOLARSHIP USAGE. Scholarship funds may be applied to tuition, textbooks, academic fees and other appropriate mandatory educational expenses. All unusual or questionable items of expense must be referred to the State Organization’s Miss Organization Scholarship Committee with as much information as possible, possible and far enough in advance, for consideration of approval. Amounts received as scholarship payments are taxable income to the extent that they exceed “Qualified Tuition and Related Expenses.” ”. Qualified Tuition and Related Expenses are defined as include tuition and fees required for a student’s enrollment or attendance of a student at an educational organization, including: tuition, including fees, books, supplies, supplies and equipment required of all students in the particular course of instruction. Payments for on-campus room and board will be made directly to the educational institution (or for off campus housing if permitted by your state-affiliated 501(c)3 foundation). All state 501 c 3 permits) and such requests must be accompanied by appropriate documentation from the educational institution (or fully- fully executed lease agreement) evidencing the charges for same. In order to qualify, candidates Contestants must maintain at least twelve (12) 12 credit hours as a full-time student, nine (9) 9 credit hours as a part-time student, or nine (9) status and 9 credit hours as a for graduate studentin order to qualify. Payments do not cover key fees or deposits. Utilities (electric, gas, cable, phone, etc.) are also not covered. Payment of all approved expenditures must will be made directly to the college, university, university or other accredited institution of higher learning as recognized by the US Department of Education upon receipt of a detailed current tuition statement reflecting a balance due the school, school unless extenuating circumstances exist (with the exception of computer or musical equipment expenses outlined in Paragraph 2 clause below). Payment to any non-domestic institution of higher learning must have a U.S. federal tax identification number. Personal reimbursements Reimbursements to scholarship recipients will not be honored. Please note, the amount requested may not exceed the amount due. When requesting an award, it is the student’s responsibility of the student to ensure proper planning and time allotment to process the scholarship request in order to meet all deadlinesare exercised. The State Miss Organization suggests allowing a minimum of thirty (30) 30 days to process a scholarship request. Please note, it It is each candidatecontestant’s obligation to determine whether the scholarship, in whole or part, is includable in gross taxable income, regardless of whether a Form 1099 has been issued by either the State Organization or the either, The State Organization’s affiliated 501(c)3 foundation, or their partnered 501 (C) 3 Organization. Candidates Contestants are encouraged to consult a tax advisor regarding the taxability of the scholarship payments.