Students with a cumulative grade point average in the upper 5% of the student body after their second or subsequent semester (completion of at least 24 credits at Herzing University) will receive an academic award of $150. The award is a credit to the next semester’s tuition if the student is carrying a course load of at least 12 credit hours. No application is required. The award will be determined by the Financial Aid department and the student will be informed.