Purchasing

Scholarships

All scholarship payments should be processed via Financial Aid.

A scholarship is an amount paid for the benefit of a student (usually an undergraduate) at an educational institution to aid in the pursuit of studies.

Recipients must not be required to perform past, present or future services for the grantor or the USF department in charge of administering the award. If services are required, the payment is compensation for services performed that is subject to federal income tax withholding and also Social Security and Medicare (FICA) tax withholding.

The payment may be considered compensation for services if:

• the payment is made in consideration for past, present and future services
• the payment represents payment for services that are subject to the direction or supervision of the University

Such individuals may be considered an employee of the university or an Independent Contractor.