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Show Financial Aids American Business Women's Association, Richard Mills Baker Memorial, Joseph F. Barker Memorial, Commercial Security Bank, Jefferson Davis Memorial, Annie Taylor Dee Foundation, First Security Foundation, Elmer Fox and Company, Homer B. and Lee J. Glenn Memorial, Angel Luna Scholarship, J. Willard Marriott Scholarship, Etta Smout McDonald Memorial, Ogden Eagles and Ogden Eagles Auxiliary, Ogden Elks, Ogden Rotary Club, Janet Wade Peterson Trust, Mary Elizabeth Dee Shaw Memorial, Mona Smith Memorial, Thomas Ole and Nina Smith Scholarship, Julian T. and Helen Cortez Stafford Memorial, Flossie S. Stephens Memorial, Florence Steunenberg Memorial, Tanner Brunson Pickett and Company, Lydia H. Tanner Memorial, Charles J. and Inez Cortez Truscott Foundation, Utah Power and Light, Mrs. Warren L. (Elveretta Little- field) Wattis Memorial, Air Force Association-Utah Wing, WSC Alumni, Arthur Anderson, George and Dolores Eccles, HAFB Administrative Club, Institute of Internal Auditors, Kennecott Copper, Mrs. Selma Keil Memorial Fund, Mountain Fuel Supply, National Housekeeping Association, Ogden Board of Realtors, Jack B. and Bonnie Parsons, Parker-Bertea Hannifin Foundation, Sundstrand Corporation, Harriet D. Travis Memorial, Utah Music Teachers Association-Ogden Chapter. FINANCIAL AIDS The Financial Aids Program, consisting of grants, loans, scholarships, and opportunities to work, is established to assist students in receiving an education that otherwise might not be available to them. The belief that educational opportunities should be accessible to all students, regardless of race, religion, social or economic background, has been and will continue to be the motive behind the generosity and interest of those who make the Weber State College Financial Aid Programs possible. The general criteria for eligibility to participate in the grant, loan, or work program of Financial Aids is enumerated as follows: 1. You are a U.S. Citizen or are in the United States for other than a temporary purpose and intend to become a permanent resident. 2. You have established your financial need by means of the appropriate financial aids application which may be secured from the Office of Financial Aids, or High School Counselor. 3. You are enrolled or have been accepted for enrollment at Weber State College. 4. You maintain "good standing" at Weber State College. In those cases wherein a student who has otherwise been determined eligible to receive financial aids and thereafter fails to maintain "good standing", the eligibility of such student shall be suspended, and no further financial aids will be processed until he or she regains good standing. The financial aids for a student will be terminated at the culmination of two successive quarters in which the student's cumulative GPA has been less than 2.00 unless the student has otherwise met with a Financial Aid Counselor and arranged for an authorized exception based upon illness, personal or other valid reasons as evaluated by the counselor. The students are also expected to complete at least 50% of their enrolled classes by each term by receiving grades other than I (Incomplete), NC (no credit), and W (withdrawn). Students who have been terminated or suspended for failure to maintain satisfactory progress may be reinstated when their subsequent performance becomes 2.00 or higher. Appeals of students may be processed, in written form, to the Financial Aids (Scholarship) Committee through the Director of Financial Aids. (Since federal program regulations are prescribed by law there is no appeal for federal regulations.) The financial aid programs of grants, loans, and work opportunities available to eligible students are identified and described as follows: Pell (Basic) Grant (BEOG) — You may be eligible for a Pell (Basic) Grant as determined by your application form if you are an undergraduate student enrolled on at least a half-time basis. The maximum award is one-half the budgeted cost of attending Weber State College. Supplemental Education Opportunity Grant (SEOG)—You may be eligible for a Financial Aids Supplemental Grant if you demonstrate financial need as determined by the Pell (Basic) Grant application and are enrolled at least half-time as an undergraduate student. The maximum award is $2,000 per year and may be received for up to four years. However, the grant may be received for five years when the course of study requires the extra time. National Direct Student Loan (NDSL)—You may be eligible for a NDSL loan if you are » enrolled at least half-time and have a financial need to meet your educational expenses as determined by the Pell (Basic) Grant application. You may borrow up to a maximum of $3,000 in a two year period not to exceed $6,000 as an undergraduate student or $12,000 as a graduate student. Repayment begins six (6) months after you graduate or leave school for other reasons.! Payments are a minimum of $30.00 per month. You may be allowed up to ten (10) years to pay back the loan if necessary. During the repayment period you will be charged four (4) 1 percent interest on the unpaid balance of the loan principle. Payments may be deferred for up to three years while you serve in the Armed Forces. Peace Corps, or VISTA 1 You may also be eligible for loan Cancellation Provisions if you enter certain fields of teaching or j specified military duty. Guaranteed Student Loan—You may apply for a loan if you are enrolled or have been accepted I for enrollment at least half-time. The maximum you may borrow is $2,500 as a dependent student, $3,000 as an independent student, and $5,000 as a graduate student. The total amount shall not exceed $12,500 as a dependent student, $15,000 as an independent!: student, and $25,000 as a graduate student. These totals are accumulative. Dependent and independent status is defined by the Pell (Basic) Grant application. Your interest will J not be more than nine percent (9%) per annum. For these loans your application must first be processed through the Financial Aids Office and I then presented to a commercial lender (bank, credit union, savings and loan association, or other participating lender) who is willing to make the educational,loan to you. This loan is guaranteed by I the State or insured by the Federal Government. The loan must be repaid. Payments normally start six (6) months after you graduate ■ or leave school and you may be allowed up to 10 years to repay the loan. The amount of your payment depends upon the size of your debt and your ability to pay. You may be granted payment deferments for up to 3 years while you serve in the Armed Forces. Peace Corps, or full time volunteer programs conducted by ACTION. In addition, deferment is I available any time you return to full time student status at an eligible institution. Information and application forms are available from the Office of Financial Aids, lenders Utah State Board of Regents, and Regional Officers of the U.S. Office of Education. College Work-Study (CWS)—You may be eligible to work part-time to earn a part of your educational expenses if you are enrolled at least half-time as an undergraduate or graduate student and have demonstrated financial need as determined by the Basic Grant application. The Financial Aids Office arranges jobs on campus, or off campus with public or private nonprofit agencies. If you are found to be eligible, you may be employed for as many as 20 hours a week as determined by your award. In arranging a job and determining how many hours a week you may work under this program, the financial aids officer will take into consideration: Hi your NEED for financial assistance: i2i your j class schedule: and Olyour health and academic progress.In general, the salary you receive is at least i equal to the current minimum wage. Nursing Student Loan (NSL)—You may be eligible for an NSL if you are enrolled at least | half-time in the Registered (AD) Nursing Program and have a financial need to meet your | educational expenses. You may borrow up to $1,500 a year not to exceed $6,000 during your undergraduate nursing program. Repayment begins nine (9) months after you graduate or leave school for other reasons. Payments are $15.00 per month. You may be allowed up to ten 1101 years to pay back the loan if necessary. State Student Incentive Grant (SSIG)—You may be eligible for an SSIG Grant if you are a disadvantaged student with financial need and enrolled or accepted for enrollment as an undergraduate full time student and who without the grant would be unable to pursue their education as determined by your application form. Loan Funds—The maximum award may be $1,500 a year not to exceed $4,000 during your undergraduate course of study. All financial aids awarded to eligible students are awarded for the academic school 12 |
