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Show Financial Aids Financial Aids In addition to maintaining 'Good Standing', all students should be aware that: No financial aids will be awarded to any student who is currently in default on any student loan, or who owes a refund for a grant previously received for educational purposes. Students are expected to promptly advise the Office of Financial Aids of 1. Address changes 2. Name changes 3. Significant changes of financial status 4. Credit hour changes that drop the credit hour registration to less than 12 Students who withdraw during a quarter in which aid is issued are expected to make proper repayment of the aid received. All tuition money refunds due to withdrawal from school or reduction in hours will be returned to the aid program from which the student received aid. Students are advised that, for purposes of the Office of Financial Aids, the following schedule shall apply: Full-time student 12 or more credit hours Three-Quarter time 9-11 credit hours Half-time student 6-8 credit hours Not eligible 5 credit hours or less (A student must average over 15 credit hours per quarter to complete a normal bachelor program in four years). Students are further advised that although the Financial Aids Office will assist, advise, and consult, the student is solely responsible for the completion of the appropriate financial aids application. It is solely the responsibility of the student to provide copies of a valid Student Aid Report (SAR) to the Financial Aids Office. Student Aid Reports (SAR) received ty the Office of Financial Aids on or before August 15th will assure students of receiving their appropriate award checks in time for Autumn registration. SAR's received later than August 15th will be processed as quickly as possible but with no assurance that award checks will be ready for Autumn Registration. 20 Student Expense Budget —The following budgets are those typically used to calculate the financial need of students with the characteristics indicated below. Adjustments to these typical budgets are made to reflect special needs of different individual students. (The following budgets reflect those used for the 1982-83 academic year. The 1983-84 and later budgets will be similar but with appropriate adjustments for cost of living increases or tuition and fee increase, etc.) SINGLE STUDENTS MARRIED STUDENTS Multiple On Off No Member At Home Campus Campus Children Family Number of months covered by budget Tuition and Fees Books and Supplies Housing and Food Personal, Miscellaneous & Medical Expense Transportation 9 9 9 12 $762 $762 $762 $762 1 Child $8862 $294 $294 $294 $294 2 Children $10,662 $699 $1998 $1998 $3746 3 Children $12,162 $825 $825 $825 $1650 Other Budgets Avail. $630 $630 $630 $1260 Total Estimated Budget $3120 $4509 $4509 $7712 Additional expense for out-of-state tuition and fees $1293. All costs are subject to change and all funding subject to availability of funds. Aid Received by Entering Students —The following information describes the financial aid that was awarded to students by income. It is provided as a discription of intitutional practices with the understanding that individual awards vary according to need and that changes in funding levels may influence awards in subsequent years. Family Income Number of % of Needy Program Student's Offered Awards Aid who Applied 1982-1983 Amount On time Composite & Hfrtertte|rhf iHigramir Average Award Range of Awards 0-5,999 6,000-11,999 12,000-17,999 18,000-over 1,733 963 616 540 2,652,851 940,607 479,108 385,366 100 100 100 100 1,531 977 778 714 200-4,0001 200-4,001 200-4,00' 200-4,00' Totals 3,852 4,457,932 100 1.157 200-4.00C 'Total aid offered was composed of 60% grants, 20% loans, and 20% for jobs. Regardless of the student's eligibility for any of the Financial Aids Programs all financial aids are predicated upon the availability of funds at the time application is received. Applications received after July 15 may find some programs unavailable because of prior commitments. 21 ITtecirgT Jagistrar, Healtt r HsmieiRrr Artsli Humanities Business ft Economics CUUOallun UaturaT Sciences, Social 0 Sciences^ Teehnelofjy -Contimrtiwh —E dtrcatton |
