As your school prepares to participate in the Federal Scholarship Tax Credit (FSTC) Program, you may have questions about how scholarship amounts are determined and when schools will receive payments.
Here's what you need to know about scholarship awards and disbursements.
Who Determines How Much Scholarship Funding a Student Receives?
Each Scholarship Granting Organization (SGO) determines the scholarship amounts awarded to eligible students.
Schools do not determine individual scholarship award amounts.
đ Note: Scholarship amounts may vary depending on the SGO and its award policies.
How Will Schools Receive Scholarship Payments?
Odyssey oversees the scholarship disbursement process for participating SGOs.
Additional information about how schools will receive scholarship payments will be shared as the program launch approaches.
When Will Scholarship Funds Be Disbursed?
Scholarship disbursement timelines vary by SGO.
More information about payment schedules and disbursement procedures will be provided as those details become available.
đĄ Tip: Watch for updates from Odyssey and your SGO about scholarship payment schedules and next steps.