The Terry Scholarship is renewable annually at the discretion of the Board of Directors.  The renewal is automatic unless you are notified to the contrary.  A Terry Foundation Scholarship covers up to eight full semesters of undergraduate education.  In order to keep  the Terry  Scholarship in effect, and in addition to any other requirements that the university may impose, a Scholar must (1) maintain a cumulative grade point average of at least 2.5 and a grade point average for each semester of at least 2.0, (2) remain unmarried and without children, (3) write and submit by the required deadline an acceptable annual self-evaluation letter, (4) attend the functions sponsored by The Terry Foundation, and (5) comply with the rules prescribed from time to time by the university and  the Foundation’s Board of Directors.

If a Scholar’s cumulative grade point average drops below the 2.5 required minimum, the student will be placed on probation for one additional semester and given the opportunity to bring the grade point average back into compliance.  If at the end of the probationary period the cumulative grade point average is still below 2.5, the Scholar will be terminated from the program.

In addition, there is a specific minimum grade point average requirement applicable to each semester’s current-semester grades.  If a Scholar receives a grade point average in any semester that is less than 2.0, then that student’s scholarship will be terminated, regardless of the Scholar’s cumulative GPA.