For most award competitions, the award funds are split into two equal payments over Fall and Winter Terms and are automatically applied to outstanding tuition and fees. Excess award funds are processed in October (Fall Term) and in February (Winter Term) by direct deposit to the recipient’s bank account. With the exception of certain prizes and scholarships for graduating students, or if otherwise stated in the award conditions, payment of awards is contingent upon recipients maintaining full-time enrolment at the University of Calgary through the upcoming Fall and Winter Terms. Exceptions to these registration requirements are made for students participating in official exchanges and term abroad programs where tuition is paid to the University of Calgary.
Payment of tuition and fees is normally the first charge against undergraduate awards. If the recipient lives in Residence, any excess funds from the award will be automatically transferred to any outstanding Residence fees on the University of Calgary tuition due date.
Award recipients must provide their banking information so excess award funds can be electronically deposited. This must be completed and updated through my.ucalgary.ca. Students who do not update or provide electronic banking information will experience a delay in excess award funds.