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The Phi Theta Kappa Scholarship at Monmouth University is awarded to students who are members of Phi Theta Kappa, the national honor society for students at junior or community colleges. A limited number of scholarships are available for transfer students who are members of the society at the time they enroll at Monmouth University. The Office of Undergraduate Admission identifies and selects recipients; there is no separate application process required. Awards are valued at $2,500 per year and are renewable provided the student maintains full-time status and a cumulative grade point average of at least 3.0 at Monmouth University. The scholarship can be applied only toward tuition assessed by Monmouth University and cannot be applied toward housing costs. The scholarship in combination with all other grants, scholarships, and need-based loans will not exceed direct costs (tuition, fees, and room/board for resident students). Students must be enrolled full-time (12 or more credits) for each semester of the award, and scholarships are not available during summer or winter terms.