The Chancellor’s Tuition Scholarship covers the cost of UNL undergraduate tuition for up to four academic years, with three inclusive summers, or the completion of a bachelors degree, whichever comes first. Renewal of this scholarship for each subsequent year is dependent upon the recipient maintaining a cumulative grade point average of 3.500 or ranking in the upper 25% of the relevant class in a degree-granting undergraduate college. In order to complete the requirements for a degree in eight semesters, a student must earn an average of 15 credit hours each semester. Scholarship recipients must enroll full-time (at least 12 UNL credit hours) during each semester of the academic year (fall and spring semesters) in order to receive the benefit. The recipient must successfully complete 24 UNL credit hours each academic year (fall and spring semesters).