Students who are offered a place for full-time graduate studies at SCAD, Savannah College of Art & Design and who are selected as beneficiaries of the Loan-Scholarship Program of COLFUTURO will be eligible or considered for the shared financing under this agreement.

The University SCAD, Savannah College of Art & Design will provide a scholarship of:

•  $10,000 USD of the annual tuition fees to all eligible students who demonstrate academic proficiency with a GPA of 3.45 to 3.79 on a 4.0 scale and artistic proficiency. Through a major-specific portfolio.
• $15,000 USD of the tuition fees to all eligible students who demonstrate academic proficiency with a GPA of 3.80 to 4.0 and artistic proficiency, through a major-specific portfolio. 

The University SCAD, Savannah College of Art & Design will offer this financial support for Master's degree-seeking students with an automatic yearly renewal so long as the student maintains a GPA of 3.25 or higher in a scale of 4.0.