1. Within six months of receiving the scholarship, either by direct acceptance or transfer from another Michael & Susan Dell Foundation ("MSDF") scholarship program, you must enroll on a full-time basis in an accredited college or university in the United States in which credits can be earned toward a baccalaureate degree, and you must stay enrolled on a full time basis until the baccalaureate degree is earned. Failure to enroll in a college or university within six months of receiving the scholarship will result in an automatic loss of the scholarship and forfeiture of the scholarship funds. You may only use scholarship dollars for approved expenses incurred in the course of study at the qualifying college or university. In order to maintain satisfactory academic progress toward a bachelor's degree, if you are attending a two-year institution you must transfer to a four-year college or university immediately upon completion of the two years.
2. The total lifetime amount of the scholarship award is Twenty Thousand Dollars ($20,000.00), inclusive of any other scholarship funds you may have previously received from any other MSDF scholarship program. Scholars typically will receive Five Thousand Dollars ($5,000.00) per academic year, until the lifetime total has been reached. The maximum length of time during which you may receive and use scholarship award dollars is six (6) academic years from your initial college enrollment date after high school, but only for as long as funds remain unexpended from the lifetime maximum amount. The amount you receive in any given academic year may vary above or below the $5,000 per academic year depending upon the college or university and its policies and/or your individual financial aid package, as well as your academic progress toward completing your degree. If you will exceed four (4) years to complete degree requirements, your yearly award will be adjusted accordingly to coincide with the anticipated graduation date. Reduced yearly limits may be imposed if you initially attend a two-year college to ensure adequate award funds remain available to assist with bachelor's degree attainment. If the amount awarded in any given academic year exceeds the amount needed by you for tuition, fees, supplies, equipment and housing for that single academic year, then you may request that the funds be "rolled over" for use in a future academic year.
3. Funds will be disbursed nominally once a year just before the fall semester of that academic year. Funds may be disbursed for summer terms, internships, loan repayment, or college-sanctioned or accredited study-abroad programs at MSDF's sole discretion. If you transfer to another qualifying institution, scholarship funds will be made payable to the new institution.
4. For each eligible academic year, following the first year, in which you want to have funds disbursed from the remaining total available award dollars, you must renew your status as a Dell Scholar by completing an online renewal process by the specified deadline set by the Dell Scholars staff. The renewal process requires you to report progress in your chosen course of study, challenges and accomplishments over the past term, and plans for the coming term. In addition, you are required to submit a current transcript each year detailing coursework, credit hours, grades earned, and GPA, and are expected to remain in good academic standing, making satisfactory academic progress toward earning your degree. You must renew and submit this information regardless of whether are seeking funding for the upcoming academic year.
   
   If your selected course of study involves only the preparation of research papers or projects, MSDF will require receipt of a report on the progress of the paper or project at least once per academic year. Any such report must be approved by the supervising faculty member or other appropriate official of your college or university. A final report will be required upon completion of the course of study.
5. If you have not used the lifetime total scholarship award amount prior to achieving a bachelor's degree, you may submit a detailed written request for application of any remaining funds for qualifying purposes, such as reducing the amount of your student loans or applying funds to an approved program of graduate study. All scholarship funds are to be used within a six (6) year period, beginning from your initial college enrollment date after high school.
6. If you do not use your scholarship funds within six (6) years from the first date of enrollment at UT Austin your initial college enrollment date after high school, you will forfeit the balance of funds unless you submit a detailed graduation plan. If the graduation plan is approved, you will only be able to request funds after successfully completing your degree and submitting proper degree documentation. Remaining funds will be used for qualifying purposes such as reducing the amount of your student loans.
7. If you do not meet the terms and conditions of this scholarship you may be placed on probation for one year, and will be required to complete the Scholar Academic Resiliency Program. If the deficiencies are not corrected within that time period or if you do not complete the Scholar Academic Resiliency Program, you may forfeit your scholarship funds and be removed from the program.
8. In the event that MSDF or its agent obtains any information indicating that you have used scholarship award dollars for any purpose other than tuition, fees, books, supplies, required equipment or on-campus room and board, or if you have failed to provide any required report or other materials, MSDF will investigate and review your use of the funds. During any such investigation, MSDF may withhold further payments until it has determined that no part of the scholarship has been used for improper purposes and until any delinquent reports have been submitted. If MSDF determines that any part of a scholarship has been used for improper purposes, it will take full steps to recover diverted scholarship funds or to insure the restoration of diverted funds, including legal action. In addition, if the Foundation determines that any part of the scholarship has been used for improper purposes, the Foundation may revoke your scholarship and you will forfeit the balance of funds.
9. Throughout the period in which you are receiving scholarship dollars from MSDF, you are expected to exhibit personal qualities that reflect the high standards established by MSDF and to conduct yourself in a manner befitting a Dell Scholar. If you, in the opinion of MSDF, are determined to have acted in a manner inconsistent with MSDF's standards or that reflects poorly on or may damage the name, reputation or goodwill of MSDF, or its principals, you may lose the scholarship and immediately forfeit any remaining portion of the scholarship and/or the right to be recognized as a Dell Scholar.
10. MSDF, from time to time, may modify these terms and conditions or any other requirements for this scholarship program. If this occurs, notification will be provided to you by email, posting of a notice to the Dell Scholars website or in a Dell Scholars newsletter, or other reasonable means of communication. Such modifications may include changes to reports, report content, new items to be submitted, or deadline changes. MSDF may require other information from you to facilitate, inform or enhance the program and may require you, if necessary, to assist MSDF or its agent in obtaining reports from your college or university. MSDF may withhold or delay disbursement of scholarship funds until all reporting and other requirements have been met to the satisfaction of MSDF.
11. In the event that MSDF becomes aware that the payment of scholarship dollars will reduce or displace other financial aid you would receive from your college or university, MSDF may decide not to pay all or a portion of a funds request.
12. Failure to comply fully with any and all of the terms and conditions of the Dell Scholars program may result in you being placed on probation and/or losing the scholarship and forfeiting any remaining scholarship funds. You must communicate with MSDF immediately if you fail to comply with any of these terms. In cases of extreme hardship, you may provide a written statement requesting an exception and explaining the extenuating circumstances that justify an exception. MSDF reserves the right to make exceptions to these terms at its sole discretion.
13. In order for MSDF to administer the Dell Scholars program effectively, MSDF requires that all Dell Scholars communicate regularly with MSDF, and that every Dell Scholar take all actions reasonably requested by MSDF related to the program. Without limiting any other provision of these requirements, any Dell Scholar who repeatedly fails to respond to communication requests from MSDF staff, or fails to take actions in a timely manner that are reasonably requested by MSDF staff, may forfeit the award of the scholarship, any remaining portion of the scholarship, and/or the right to be recognized as a Dell Scholar. Examples include (but are not limited to) not responding to academic check-in requests or failure to meet required deadlines for submission of needed academic, financial, or other information.

Chegg Scholarship

At its sole discretion, the Michael & Susan Dell Foundation may issue to any Dell Scholar a code which made be activated for credit at www.chegg.com (http://www.chegg.com/) (the "Chegg® Scholarship). The code may be used to purchase any product or service that Chegg® offers, including but not limited to textbooks, tutoring services, etc. The Dell Scholar shall be solely responsible for logging on to the Chegg® website to activate the code. At its sole discretion, the Michael & Susan Dell Foundation may reload additional funds towards the code account for the Dell Scholar’s use.

Each Dell Scholar’s Chegg® Scholarship code will expire ten (10) years after the date he or she became an MSDF Dell Scholar (for clarification, if a person became a Dell Scholar in April 2015, his or her Chegg Scholarship code will expire in April 2025). Notwithstanding the foregoing, the Michael & Susan Dell Foundation reserves the right to reclaim unused card balance funds at any time for any reason, including but not limited to failure to enroll in classes, failure to meet the requirements of the Dell Scholars program such as checking in with Dell Scholars staff each semester, failure to abide by these terms and conditions, failure to activate the Chegg® Scholarship code and/or failure to use the funds before expiration.

IRS Policy on Taxability of Scholarships

You are encouraged to consult with your school's financial aid office or with your personal or family advisor to determine whether any portion of your Michael & Susan Dell Foundation grant is taxable income that needs to be reported to the Internal Revenue Service. Whether or not reporting is required or any tax will be owed will depend upon the unique facts and circumstances of a Scholar's individual financial situation and/or certain aspects of the Scholar's program of study and/or his or her institution's requirements. The Michael & Susan Dell Foundation is not in a position to provide this type of advice to you, but want to be certain you are aware of the need to determine any financial/tax implications of the scholarship.

Providing you with a secure online experience is a high priority for the Michael & Susan Dell Foundation. We recognize that your privacy and security are of the utmost importance. While no data transmission over the Internet or information storage technology can be guaranteed to be 100% secure, we have devoted a great deal of effort to ensure that your personal information is safeguarded.

MSDF continues to evaluate and implement enhancements in security technology and practices; however, we can only take steps to help reduce the risks of unauthorized access. Each individual using the Internet can take steps to help protect their information and further minimize the likelihood that a security incident may occur. Please take a moment to read about the steps that we have taken to help protect your information and make your online transmissions safer. We also invite you to review the steps you can take to help protect yourself further.

MSDF reserves the right to release your data in order to comply with any laws, regulations or court orders, including but not limited to state law obligations to report suspected child abuse.

Security Steps We Take

Positive identification. Both MSDF and the Dell Scholars web sites are registered with site identification authorities to enable your browser to confirm the Dell Scholars program's identity before any transmission is sent. With this technology, the identity of our site is automatically confirmed behind the scenes prior to the transmission of any information requested.

Data encryption. If you are using a security-enabled browser (such as Microsoft Internet Explorer version 8 or greater, Google Chrome, or Mozilla Firefox version 3.5 or greater), the information you send us is encrypted, making it extremely difficult to read even if it is wrongly intercepted. The Dell Scholars program utilizes industry-standard Secure Sockets Layer (SSL) technology to allow for the encryption of your information.

Passwords. Your Dell Scholars password is an additional layer of security to control access to your information. Your password must be at least twelve (12) characters in length and is case sensitive. Your password should be easy for you to remember but difficult for someone else to guess. Do not share your password with anyone.

Session Time Out. Your session will automatically "time out" after a period of inactivity. This is a safety precaution we take to reduce the likelihood someone else can access your information should you forget to logout. You should always log out of your scholarship application by clicking "Save & Come Back Later" so that all your work is saved, and no one else can access your information.

Secure Storage. MSDF maintains reasonable physical, electronic, and procedural safeguards to protect personal information about you.

Employee and Contractor Access to Information. MSDF limits access to personal information about you to those employees and contractors who we reasonably believe need to come into contact with that information to provide support to you or in order to do their jobs.

Security Steps You Can Take

MSDF urges you to use a security-enabled browser (such as Microsoft Internet Explorer version 8 or greater, Google Chrome, or Mozilla Firefox version 3.5 or greater). Using a security-enabled browser and paying attention to two browser features will decrease the chances for the unintended or fraudulent use of your personal information.

• Browser security settings. Your browser security preference settings are your first line of defense to stopping the theft or unwanted viewing of confidential, personal information. The most popular browsers offer you the ability to receive an alert or notification if any of the following happen or are about to occur:
  • Changing between secure and insecure transmission modes
  • Receiving an invalid site identification for the site to which you are about to transmit
  • Sending a transmission over an "open" or unsecured connection
• Browser Security Signals. The presence of security measures surrounding the entry of data on a web page is identified in several ways for you on your browser:
  • The URL identifying the page will always begin with "https://" versus the normal "http://"
  • A security symbol to indicate operation in a mode that supports secure transmissions
  • A "closed lock" icon or an "unbroken key" icon is present in the lower right-hand corner of your screen

Reporting Incidents

If you believe your Dell Scholars account has been compromised, or if you have been contacted by someone about your Dell Scholars account asking for a password, birth date or other personal information, please contact us at contactus@dellscholars.org.

In the event that you believe that your personal safety is at risk or if you believe that you may be the victim of identity theft or other illegal conduct, please contact the appropriate federal, state or local law enforcement agencies directly.

As a reminder, Michael & Susan Dell Foundation ("MSDF") respects the privacy of others and takes steps to prevent unauthorized access to data on its systems. In addition, MSDF does not sell or provide to any third party for direct marketing or other unrelated purposes, any data received from applicants and will not transfer applicant data to any outside party other than contractors, consultants, and others working with MSDF on its programs or to third parties with a legitimate interest in you as a Dell Scholar. You consent to us using your information for research purposes, such as analyzing aggregated data to identify factors that influence the likelihood that a student will obtain a university degree. You consent to your personal information being shared by the Foundation with contractors, consultants, and others working with the Foundation on its programs.

THE DELL SCHOLARS PROGRAM MEDIA RELEASE AND CONSENT AGREEMENT

This Release and Consent Agreement ("Agreement") is granted by the Individual Dell Scholar, effective as of the date signed below by Grantor (the "Effective Date"), to Michael & Susan Dell Foundation ("MSDF").

The parties hereby mutually agree to the following terms of release and consent:

1. MSDF desires to use the below-identified materials, hereinafter referred to as the "Grantor Materials," in connection with the publication and distribution of materials, in various media, regarding and/or promoting MSDF or its Dell Scholars program, its activities or accomplishments.
   • Video or film materials incorporating Grantor's name, image, likeness, voice and/or spoken or written words.
   • Photographic materials incorporating Grantor's name and/or image.
   • Photographic materials incorporating Grantor's name and/or image.
   • Telephonic or other recorded, electronic or digital materials incorporating Grantor's name, voice and/or spoken or written words. Printed materials incorporating Grantor's name, likeness and/or image.
   • Web-based or other electronic or digital materials incorporating Grantor's name, image, likeness, voice and/or spoken or written words.
2. Upon the Effective Date, MSDF and any of its subsidiaries, affiliates, representatives or agents shall have the right to reproduce, publish, broadcast or otherwise use, throughout the world, in any medium (including, without limitation, print, radio, television, web or other online or electronic media), Grantor Materials, or any portion or derivation thereof, in connection with the discussion or promotion of MSDF or any aspect of its Dell Scholars program. Such rights shall include the right to reproduce the Grantor Materials, in whole or in part, and the right to create derivative works based upon the Grantor Materials. All materials prepared by MSDF that incorporate, consist of, or include Grantor's name, image, likeness, voice, words or any portion of Grantor Materials, including, but not limited to any copyrights or other intellectual property rights shall belong to MSDF and MSDF shall be the author for all purposes.
3. MSDF agrees to use Grantor Materials in a reasonable manner to fairly and truthfully represent Grantor.
4. Grantor acknowledges and agrees that it is able to give this release and consent, that it gives this release and consent voluntarily and without obligation or compensation. Grantor further acknowledges and agrees that it is not a member of the Screen Actors Guild (SAG) or other such professional organization.
5. Grantor acknowledges and agrees that MSDF has complete creative control over its use of Grantor's name, image, likeness, voice, words or Grantor Materials, and Grantor waives any right of inspection or approval of any use of the Grantor's name, image, voice, words or any of the Grantor Materials and any liability of MSDF or its subsidiaries, affiliates, agents or representatives for such use including, without limitation, any typographical or printer errors, alterations, optical illusions or distortions, faulty mechanical or other reproduction arising out of the exercise of any of the rights granted in this Agreement.