Heroes Fund Scholarship (HFS): What Does Heroes Fund Cover?
The Heroes Fund Scholarship (HFS) is considered a “gap” scholarship, in which recipients are awarded funding to cover all remaining tuition and class fees* once financial aid and military aid have been applied.
HFS recipients eligible for GI Bill® benefits must exhaust all of their GI Bill benefits before receiving any HFS dollars. This is due to the VA regulation that Post-9/11 GI Bill can only be processed after all tuition and fee only aid is subtracted from the tuition and fee charges (SCO Handbook, p.31). Classes required by a HFS recipient degree plan that may not be covered by GI Bill benefits (i.e. remedial classes) may have HFS dollars awarded for those classes only.
*Heroes Fund will not cover School of Aeronautics and School of Law class fees.
The HFS Recipient SOP governs how and when scholarship funds are awarded.
- HFS may be used for a student’s first Certificate, Associate’s, Bachelor’s and/or Master’s degree.
- The HFS may only be awarded to recipients who maintain the minimum required GPA for their degree plan (2.0 for Undergraduate degrees, 3.0 for Graduate degrees).
- The HFS may cover up to 120 credit hours toward a bachelor’s degree and up to 30-60 credit hours for a graduate degree.
- Students may be approved a one-time change in degree plan as long as the change in degree plans does not exceed the maximum number of credit hours HFS is eligible to pay for at a particular degree level.
- Funding is only awarded for classes that contribute to a Liberty University degree being pursued.
- Continued award of this scholarship for subsequent degree programs will be evaluated on a case-by-case basis.
- Students must reapply for HFS and meet any new eligibility requirements for continued support for a degree at the next level.
The Liberty University “General Scholarship Rule” applies to the Heroes Fund Scholarship:
- General Scholarship Rule (GSR): A student’s combined federal grants, state grants, and Liberty aid are not permitted to exceed the combined cost of actual tuition and Tier 2 and standard board charges (see Tuition and Costs for more information). The GSR calculation for commuter students only includes the cost of tuition which means federal grants, state grants, and Liberty aid cannot exceed the actual cost of tuition only because there is no room and board charge. If the combined aid exceeds the total cost as specified, Liberty aid will be reduced to resolve the excess aid. The Federal Pell Grant is not included as a factor in the GSR for Resident students. All Liberty aid is subject to GSR.
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site at http://www.benefits.va.gov/gibill.