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The Susan T. Buffett Scholarship Award

Scholarship Values

The Susan T. Buffett Scholarship is named for Susan Thompson Buffett (the late wife of Warren Buffett), who started the scholarship over 50 years ago to provide opportunities for students to pursue higher education regardless of their economic circumstances. To date, almost 10,000 scholars have received the gift of this scholarship. As a Buffett Scholar, you belong to a large community of scholars who show integrity, responsibility, kindness, and respect within and outside your college campus. The Susan T. Buffett Foundation Scholarship program values a community of learners where all students feel respected, welcome, and safe.

Scholarship Amount

The table below shows the maximum term (semester or quarter) award of The Susan T. Buffett Scholarship at each public college in Nebraska for the 2024-2025 academic year, based on tuition and fee amounts at each college. The scholarship amount is updated every July.

Maximum Term Awards for 2024-2025
(term = semester, quarter, or summer session)

Colleges Full Time
(12+hours)
Three-Quarter Time
(9-11 hours)
Half Time
(6-8 hours)
Quarter Time
(3-5 hours)
Less than Quarter Time
(1-2 hours)
Community Colleges
CCC$2,280.00$1,710.00$1,140.00$570.00$285.00
LPTC$3,300.00$2,475.00$1,650.00$825.00$412.50
MCC$1,725.00$1,293.75$862.50$431.25$215.63
MPCC$2,400.00$1,800.00$1,200.00$600.00$300.00
NECC$2,525.00$1,893.75$1,262.50$631.25$315.63
NICC$2,550.00$1,912.50$1,275.00$637.50$318.75
SCC$2,450.00$1,837.50$1,225.00$612.50$306.25
WNCC$2,525.00$1,893.75$1,262.50$631.25$315.63
Nebraska State Colleges
Chadron State$4,750.00$3,562.50$2,375.00$1,187.50$593.75
Peru State$4,820.00$3,615.00$2,410.00$1,205.00$602.50
Wayne State$4,655.00$3,491.25$2,327.50$1,163.75$581.88
University of Nebraska
UNK$4,940.00$3,705.00$2,470.00$1,235.00$617.50
UNL$5,850.00$4,387.50$2,925.00$1,462.50$731.25
UNO$5,400.00$4,050.00$2,700.00$1,350.00$675.00
UNMC$6,230.00$4,672.50$3,115.00$1,557.50$778.75
NCTA$3,565.00$2,673.75$1,782.50$891.25$445.63

The scholarship funds can be applied to any part of your cost of attendance (COA) at any of the eligible Nebraska public colleges. COA can include resident tuition, fees, books, room and board, personal expenses and transportation. Scholarships are provided only to Nebraska residents at the colleges where they enroll. The scholarship award may be less than the maximum term award depending on your cost of attendance, enrollment status, and other factors. Any unused portion of this award does not accrue and may not be applied to subsequent terms.

The Susan T. Buffett Foundation (The Foundation) is responsible for informing your college of your scholarship eligibility. The scholarship award may be less than the maximum term award, depending on the cost of attendance, other financial aid and enrollment status. Withdrawal, dropping classes, or expulsion from the school may result in a reduction to, or revocation of your scholarship.

Scholarship Length

The scholarship begins the fall term of your award year and is granted on a term basis, subject to the discretion of the Foundation. It renews every year for up to 5 years at a four-year college or up to 3 years at a two-year college; OR until graduation, whichever comes first. You are also eligible to receive funding for summer classes, which is optional. The scholarship award is only for undergraduate studies.

The Foundation only provides scholarship funding to students who are continuously enrolled in college throughout the regular academic year (summer enrollment is optional). If you intend to take a quarter or semester off, please see the "On Hold" section on page 4. If you drop or stop out for a length of time, the scholarship funding will end.

The Foundation retains sole discretion over scholarship decisions, and neither this scholarship award information nor the Foundation's decision to award scholarship funding to any student create a contract between the Foundation and that student. The Foundation does not expect or receive renumeration or anything else of value from scholarship recipients in exchange for scholarship funding.

Maintaining Scholarship Eligibility

The Foundation expects that students who receive scholarships will:

The Foundation reserves the right to end scholarship funding for any student who does not meet its academic standards.

Academic Intervention

If you do not meet the academic standards outlined in the section above, you may submit a scholarship review form. The Foundation's Scholarship Committee reviews the forms before decisions about scholarship retention or removal are made. The Foundation reserves the right to revoke your scholarship if you do not submit a form.

If you do not meet the above standards, but your scholarship is retained, the Foundation may recommend that you participate in an academic intervention program offered through your college and/or learning community. The Foundation may also recommend other steps to address your academic performance, such as attending a different college or seeking academic or personal support. The Foundation reserves the right, in its sole discretion, to withdraw scholarship funding for any student it determines is no longer suitable for the scholarship.

There is no minimum credit hour expectation in the summer. However, if you enroll in summer classes, the same expectations apply.

Transferring the Scholarship

The scholarship award may transfer to any Nebraska state public college, university or community college so long as you notify the Foundation and are otherwise eligible for the scholarship. If you intend to transfer, please complete the "Transfer Request" form located on the scholarship website https://app.buffettscholarships.org/request/Transfer. The form is due at least two weeks prior to the beginning of the semester/quarter. The scholarship award will not transfer if you have an outstanding balance at the school you are leaving.

Change of Personal Information or Enrollment Status

Contact the Foundation when:

Please email scholarships@stbfoundation.org or call 402-943-1383.

Learning Community Information (only if you attend UNK, UNL, or UNO)

If you are attending UNK, UNL or UNO, you are automatically a part of the William H. Thompson Learning Community. The LC is an environment where students can learn, explore, and grow individually and collectively as a group of scholars. The LC promotes a safe and inclusive atmosphere where all students should feel like they belong, matter and are respected. Buffett Scholars have high standards of learning and integrity.

The Foundation expects students to fully participate in the learning community. Information can be found here:

Study Abroad/Exchange Program Information

Scholarship funds may be used for any Study Abroad or Exchange programs for which:

The Foundation reserves the right, in its sole discretion, to decline scholarship funding for Study Abroad or Exchange programs for students who do not meet its academic standards for scholarship eligibility. You must successfully complete four terms with at least a 2.0 cumulative GPA at your primary college to be eligible for scholarship funding for study abroad or an exchange program. Scholars who have only completed less than four terms may nevertheless request funding and will be reviewed on a case-by-case basis.

If you started the Study Abroad/Exchange term before the previous term’s grades were reported, and you earned a cumulative GPA less than 2.0, the Foundation is not responsible for funding the Study Abroad/Exchange term.

Special Requests

1. On Hold

If you are unable to enroll in college for a term, you can request your scholarship be placed on hold. Complete an "On Hold Request" form located on the scholarship website: https://app.buffettscholarships.org/request/OnHold. Explain the reason for your request and provide any relevant documentation. You need to submit the form before the term begins. The Foundation will review your request and send you an email with the decision. If you attend UNK, UNL, or UNO meet with a professional staff member in the learning community to discuss your on hold request and a plan to return to college before the Foundation makes a decision.

2. Less than 12 Hours

If you are unable to enroll for at least 12 credit hours, please complete a "request to be enrolled for less than 12 hours" form located on the scholarship website: https://app.buffettscholarships.org/request/lesshour. Explain the reason that you are enrolling for less than 12 credit hours and provide any relevant documentation. You should submit the form before enrolling in under 12 credit hours or dropping under 12 credit hours. The Foundation will review your request and send you an email regarding the decision. Submission of this form should not be interpreted as approval for funding for any other term for which you have enrolled in less than 12 hours.

3. Funds for a Secondary College

You are eligible to submit a request to receive scholarship funds at a secondary college unless you are enrolled full-time at your primary college. Complete the "Funds for a Secondary College Request" form located on the scholarship website: https://app.buffettscholarships.org/request/FundSecondaryCollege. The form is due at least two weeks prior to the beginning of the semester/quarter.

Reasons for Scholarship Removal

The Foundation reserves the right to revoke the scholarship and discontinue all scholarship payments not already made at its discretion, for any reason, including but not limited to the following:

When considering whether misconduct may warrant removal of a scholarship, the Foundation will take into account any public or private action including, but not limited to, verbal, written, or electronic communication, such as, social media, group chats, texts, emails, etc.

If you are removed from scholarship, you will receive an email from the Foundation. If you would like to appeal the removal decision, you will have 5 business days to submit an appeal letter to scholarships@stbfoundation.org. The Scholarship Committee will review your appeal, and a final decision will be promptly sent via email.

Other Scholarships

Please note, to be eligible for the Buffett Scholarship, you must not accept any of the following scholarships: Scott Career Pathway Scholarship at CCC, MCC, and SCC, Goodrich Scholarship at UNO, Avenue Scholars at MCC, Learn to Dream at SCC, NCPA at UNL, Kearney Bound or College of Business and Technology LLC at UNK, the Teachers Scholars Academy, or the Peter Kiewit Foundation Engineering Academy (PKFEA).

Liability

The Foundation assumes no liability or obligation, financial or otherwise, to any student for any injury, loss, property damage, or other claims that may arise from the student attending college, living on campus, or participating in the LC activities. By accepting the scholarship, the student releases the Foundation and waives any and all claims against the Foundation for any injury, loss, property damage, or other claims that have or may arise from the student attending college, living on campus, or participating in the LC activities.

If you have any questions about the scholarship, please contact the Foundation at scholarships@stbfoundation.org or 402-943-1383.