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Policy
Purpose: 

This policy outlines the eligibility, the requirements for the Pepsi Scholarship including the length of the scholarship, renewal criteria and any exceptions to the scholarships.

Applies to: 

Incoming and current undergraduate students who are children of KU faculty and staff, who are benefit-eligible at the University of Kansas.

Campus: 
Edwards
Lawrence
Policy Statement: 

With the proceeds of a contract between Pepsi co. and the University of Kansas, the university has created the Pepsi Merit Scholarship for dependent children (or step-children) of benefits eligible KU faculty and staff (KU affiliates included) who meet certain academic requirements.

Eligibility
Students must be the dependent children (or step-children) of benefits eligible KU faculty or staff members (KU affiliates included) pursuing their first undergraduate degree: freshman, transfer and current KU undergraduate students.
 
Applicants will apply by either signifying on their application for admission that their parent is an employee of KU or a KU Affiliate, or by submitting the Pepsi application located at afforability.ku.edu.
 
Incoming freshman must meet the minimum academic criteria of either a 24 ACT or 1090 SAT (verbal and critical thinking) and a cumulative 2.5 high school GPA, or a 21 ACT or 980 SAT (verbal and critical thinking) and a cumulative 3.0 high school GPA.
 
Incoming transfer applicants must meet the minimum academic criteria of a 2.5 transferrable GPA.
 
Current KU students who submit an application must meet the minimum academic criteria of a 2.5 cumulative KU GPA.
 
Terms
Students must be enrolled as a full-time student at the University of Kansas. The Pepsi scholarship will expire after four years of undergraduate study or upon earning an undergraduate degree, whichever occurs first.
 
Renewal
Recipients must maintain a cumulative 2.5 KU GPA, be enrolled as a full-time student (12 or more hours) at KU, and a parent must continue to be a benefits eligible employee of KU or a KU Affiliate.  Renewal scholarship amounts are $500 (2.50-2.99 KU GPA), $750 (3.0-3.49 KU GPA), and $1000 (3.5-4.0 KUGPA).
Contact: 
Financial Aid & Scholarships
KU Visitor Center
1502 Iowa Street
785-864-4700
financialaid@ku.edu
Approved by: 
Associate Director, Financial Aid and Scholarships
Approved on: 
Thursday, May 17, 2018
Effective on: 
Thursday, May 17, 2018
Review Cycle: 
Annual (As Needed)
Keywords: 
Pepsi
Change History: 

10/16/2019: Updated policy and contact section.
05/17/2018: New Policy approved to replace Coca-Cola scholarship.


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