The scholarship, named in honor of Thomas L. Stepp, provides $2,000 per academic year, renewable for three years as long as the student completes 24 semester hours each school year and maintains a cumulative GPA of 3.0 or higher at the end of each academic year. A student may receive the award in addition to a general University scholarship or departmental scholarship.
Applicants must be high school seniors who have been admitted to the incoming freshman class at the University of South Carolina.
Applicants must complete a Free Application for Federal Student Aid and submit it to the the USC Office of Student Financial Aid and Scholarships by April 1.
A Board of Visitors committee will select five finalists after reviewing each applicant's application, and academic and financial information. The top student will be offered the scholarship with a response date of May 1. If the scholarship is declined, the next student will be offered the scholarship.