Students can continue to receive the Gardiner Scholarship until they graduate from high school, turn 22 or return to public school.
Funding to the account will continue each year, based on the annual application submission, agreement to comply with the rules (Sworn Compliance Statement), and final verification document submission. Once the student graduates from high school or turns 22 on or before September 1 (whichever comes first,) no additional funds will be deposited into the student’s account. However, if the intent to continue in the program is demonstrated each year by the submission of a renewal application and the required documentation, the scholarship account will remain in place until
- the funds have been used; or
- any period of 3 consecutive years after high school completion or graduation during which the student has not been enrolled in an eligible postsecondary educational institution or a program offered by the institution;
- there has been no spending activity for three consecutive fiscal years (July 1 – June 30).
At that point, the account is closed and any remaining money reverts to the state.
If Step Up for Students does not receive a renewal application each year by June 30, the student’s account will be frozen so that additional reimbursements or expenditures cannot be made until the renewal application and required documentation have been received and processed.
If there is no spending from an account for two consecutive fiscal years, the account will be considered inactive until spending occurs. While the account is in an inactive status, no new scholarship funds will be deposited into the account. If an account is inactive for three consecutive fiscal years, the account must be closed, and any remaining funds revert to the state.