Mar 24, 2019  
Undergraduate Catalog 2017-2018 
    
Undergraduate Catalog 2017-2018 [ARCHIVED CATALOG]

Determination of Federal Financial Aid Award


 

 

Main Campus Day Determination of Federal Financial Aid Award

Financial need for federal and state aid is determined in the following manner:

Cost of Attendance for Day Program Undergraduates Living On Campus
(based on full-time enrollment):

 

1 semester
2 semesters
3 semesters
 Tuition
10,968
21,936
25,356
 Books
621
1,242
1,863
 Room
2,159
4,318
10,810
 Board
1,388
2,776
0
 Transportation
880
1,760
3,072
 Personal
1,072
2,144
4,272
 Loan Fees
16
32
48
 Cost of Attendance
17,104
34,208
45,421
 
Cost of Attendance for Day Program Undergraduates Living Off Campus (based on full-time enrollment):

 

1 semester
2 semesters
3 semesters
 Tuition
10,968
21,936
25,356
 Books
621
1,242
1,863
 Room & Board
3,872
7,744
11,616
 Transportation
1,312
2,624
3,936
 Personal
1,600
3,200
5,328
 Loan Fees
16
32
48
 Cost of Attendance
18,389
36,778
48,147

 

Cost of Attendance for Day Program Undergraduates Living With Parents (based on full-time enrollment):

 

1 semester
2 semesters
3 semesters
 Tuition
10,968
21,936
25,356
 Books
621
1,242
1,863
 Room & Board
0
0
0
 Transportation
1,312
2,624
3,936
 Personal
1,600
3,200
5,328
 Loan Fees
16
32
48
 Cost of Attendance
14,517
29,034
36,531

Financial Need: Cost of Attendance minus Expected Family Contribution (EFC) as determined by FAFSA.

Unmet need: Cost of Attendance minus EFC minus aid awarded.

Unmet cost: Cost of Attendance minus aid awarded (shown on electronic award notification).

Once the EFC and financial need have been determined, the student’s information will be reviewed. The student will be offered an aid package that may consist of grants, scholarships, outside assistance, loans and/or Federal Work-Study. A student’s aid package, who is receiving federal, aid may not exceed Cost of Attendance.

Students are responsible for reporting to the Financial Aid Office all assistance received from outside sources, as federal law requires that all outside assistance be considered as a part of the financial aid package. These types of assistance include such aid as Veteran’s Benefits, outside scholarships, military or corporate tuition assistance, vocational rehabilitation or other state aid. Federal guidelines require that a student not exceed the Cost of Attendance in the amount of aid they receive.

The maximum amount of institutional and endowed aid that can be awarded is tuition, as long as the aid (all types) does not exceed the cost of attendance. Due to federal regulations, scholarships awards may be affected if you are receiving federal and/or state financial aid.

A student’s loan amount is determined as a part of the aid package. A student’s loan eligibility is based on factors that include annual loan limits, unmet need, and federal aggregate limits. In addition, if a student has less than an academic year remaining in the degree program, the loan is prorated, per federal guidelines.

A student who completes the academic requirements for a program but does not yet have the degree is not eligible for further federal aid for that program.

Direct Loan Undergraduate Annual Limits

 

Subsidized Loans

Total (Subsidized + Unsubsidized)

Dependent Student Completed Hours

   
0 - 29 $3,500 $5,500
30 - 59 $4,500 $6,500
60 - 89 $5,500 $7,500
90+ $5,500 $7,500

 Independent Student Completed Hours
*Includes dependents with a Parent PLUS loan denial

   
0 - 29 $3,500 $9,500
30 - 59 $4,500

$10,500

0 - 89 $5,500 $12,500
90+ $5,500 $12,500

Aggregate Limits

(Lifetime limit on all loans combined)

  Subsidized Loans Total (Subsidized + Unsubsidized)
Dependent Student $23,000 $31,000
Independent Student
*Includes dependents with a Parent PLUS loan denial
$23,000 $57,500

Main Campus Evening Determination of Federal Financial Aid Award


Financial need for federal and state aid is determined in the following manner:

Cost of Attendance for Evening Undergraduate Students
(based on full-time enrollment):

 

1 semester
2 semesters
3 semesters 
 Tuition 
3,420
6,840
10,260
 Books
621
1,242
1,863
 Room & Board
3,872
7,744
11,616
 Transportation
1,312
2,624
3,936
 Personal
2,128
4,256
6,384
 Loan Fees
16
32
48
 Cost of Attendance
11,369
22,738
34,107

 

Cost of Attendance for Evening Undergraduate Students Living with Parents
(based on full-time enrollment):

 

1 semester
2 semesters
3 semesters 
 Tuition 
3,420
6,840
10,260
 Books
621
1,242
1,863
 Room & Board
0
0
0
 Transportation
1,312
2,624
3,936
 Personal
2,128
4,256
6,384
 Loan Fees
16
32
48
 Cost of Attendance
7,497
14,994
22,491

 

Cost of Attendance for Evening Undergraduate Military Students
(based on full-time enrollment):

 

1 semester
2 semesters
3 semesters 
 Tuition 
3,420
6,840
10,260
 Books
621
1,242
1,863
 Room & Board*
1,008
2,016
3,024
 Transportation
1,312
2,624
3,936
 Personal
2,128
4,256
6,384
 Loan Fees
16
32
48
 Cost of Attendance
8,505
17,010
25,515

*Military students living in housing located on a military base or housing for which they receive a basic allowance are eligible for board expenses only in the Cost of Attendance.

Financial need: Cost of Attendance minus Expected Family Contribution (EFC) as determined by FAFSA.

Unmet need: Cost of Attendance minus EFC minus aid awarded.

Unmet cost: Cost of Attendance minus aid awarded.

Once the EFC and financial need have been determined, the student’s information is reviewed. The student is offered an aid package that may consist of grants, scholarships, outside assistance, loans and/or Federal Work-Study. A federal aid recipient’s aid package may not exceed Cost of Attendance.

Students are responsible for reporting to the Financial Aid Office all assistance received from outside sources, as federal law requires that all outside assistance be considered as a part of the financial aid package. These types of assistance include such aid as Veteran’s Benefits, outside scholarships, military or corporate tuition assistance, vocational rehabilitation or other state aid. Federal guidelines require that a student not exceed the Cost of Attendance in the amount of aid they receive.

The maximum amount of institutional and endowed aid that can be awarded is tuition, as long as the aid (all types) does not exceed the cost of attendance. Due to federal regulations, scholarships awards may be affected if you are receiving federal and/or state financial aid.

A student’s loan amount is determined as a part of the aid package. A student’s loan eligibility is based on factors that include annual loan limits, unmet need, and federal aggregate limits. In addition, if a student has less than an academic year remaining in the degree program, the loan is prorated, per federal guidelines.

A student who completes the academic requirements for a program but does not yet have the degree is not eligible for further federal aid for that program.

 

Direct Loan Undergraduate Annual Limits

 

Subsidized Loans

Total (Subsidized + Unsubsidized)

Dependent Student Completed Hours

   
0 - 29 $3,500 $5,500
30 - 59 $4,500 $6,500
60 - 89 $5,500 $7,500
90+ $5,500 $7,500

 Independent Student Completed Hours
*Includes dependents with a Parent PLUS loan denial

   
0 - 29 $3,500 $9,500
30 - 59 $4,500

$10,500

60 - 89 $5,500 $12,500
90+ $5,500 $12,500

Aggregate Limits

(Lifetime limit on all loans combined)

  Subsidized Loans Total (Subsidized + Unsubsidized)
Dependent Student $23,000 $31,000
Independent Student
*Includes dependents with a Parent PLUS loan denial
$23,000 $57,500

 

Online and Nationwide Campuses Determination of Federal Financial Aid Award


Financial need for federal and state aid is determined in the following manner:

Cost of Attendance for Online and Nationwide Undergraduate Students
(based on full-time enrollment):

 

 1 semester
 2 semesters
3 semesters 
 Tuition 
3,420
6,840
10,260
 Books
621
1,242
1,863
 Room & Board
3,872
7,744
11,616
 Transportation
1,312
2,624
3,936
 Personal
2,128
4,256
6,384
 Loan Fees
16
32
48
 Cost of Attendance
11,369
22,738
34,107

 

Cost of Attendance for Online and Nationwide Undergraduate Students
Living with Parents (based on full-time enrollment):

 

 1 semester
 2 semesters
3 semesters 
 Tuition 
3,420
6,840
10,260
 Books
621
1,242
1,863
 Room & Board
0
0
0
 Transportation
1,312
2,624
3,936
 Personal
2,128
4,256
6,384
 Loan Fees
16
32
48
 Cost of Attendance
7,497
14,994
22,491

 

Cost of Attendance for Online and Nationwide Undergraduate Military Students    (based on full-time enrollment):

 

 1 semester
 2 semesters
3 semesters 
 Tuition 
3,420
6,840
10,260
 Books
621
1,242
1,863
 Room & Board*
1,008
2,016
3,024
 Transportation
1,312
2,624
3,936
 Personal
2,128
4,256
6,384
 Loan Fees
16
32
48
 Cost of Attendance
8,505
17,010
25,515

*Military students living in housing located on a military base or housing for which they receive a basic allowance are eligible for board expenses only in the Cost of Attendance.

Financial Need: Cost of Attendance minus Expected Family Contribution (EFC) as determined by FAFSA.

Unmet need: Cost of Attendance minus EFC minus awarded aid

Unmet cost: Cost of Attendance minus aid awarded

Once the EFC and financial need have been determined, the student’s information is reviewed. The student is offered an aid package that may consist of grants, scholarships, outside assistance, loans and/or Federal Work-Study. A federal aid recipient’s aid package may not exceed Cost of Attendance.

Students are responsible for reporting to the Financial Aid Office all assistance received from outside sources, as federal law requires that all outside assistance be considered as a part of the financial aid package. These types of assistance include such aid as Veteran’s Benefits, outside scholarships, military or corporate tuition assistance, vocational rehabilitation or other state aid. Federal guidelines require that a student not exceed the Cost of Attendance in the amount of aid they receive.

The maximum amount of institutional and endowed aid that can be awarded is tuition, as long as the aid (all types) does not exceed the cost of attendance. Due to federal regulations, scholarships awards may be affected if you are receiving federal and/or state financial aid.

A student’s loan amount is determined as a part of the aid package. A student’s loan eligibility is based on factors that include annual loan limits, unmet need, and federal aggregate limits. In addition, if a student has less than an academic year remaining in the degree program, the loan is prorated, per federal guidelines.

A student who completes the academic requirements for a program but does not yet have the degree is not eligible for further federal aid for that program.

 

Direct Loan Undergraduate Annual Limits

 

Subsidized Loans

Total (Subsidized + Unsubsidized)

Dependent Student Completed Hours

   
0 - 29 $3,500 $5,500
30 - 59 $4,500 $6,500
60 - 89 $5,500 $7,500
90+ $5,500 $7,500

 Independent Student Completed Hours
*Includes dependents with a Parent PLUS loan denial

   
0 - 29 $3,500 $9,500
30 - 59 $4,500

$10,500

60 - 89 $5,500 $12,500
90+ $5,500 $12,500

Aggregate Limits

(Lifetime limit on all loans combined)

  Subsidized Loans Total (Subsidized + Unsubsidized)
Dependent Student $23,000 $31,000
Independent Student
*Includes dependents with a Parent PLUS loan denial
$23,000 $57,500