Award
Financial aid is awarded on the basis of need and may include a package of grants, loans and employment. Financial aid is available in limited amounts to help students finance school expenses. However, while college costs continue to rise, federal and state aid does not rise at the same rate. Consequently, families must increasingly rely upon their own funds to pay for school. Students are expected to arrive on campus with funding for books, tuition, fees, housing and utility deposits as well as other expenses associated with the beginning of the year. Financial aid funds are usually available at the beginning of each semester as a credit to charges on the student’s bill. A refund will be deposited in the student’s checking account if the aid exceeds all institutional charges. Financial aid awards are typically offered for an academic year (Fall/Spring).
A separate brief internal application is required for funding during the summer session; students should visit the office for more details. Renewal of financial aid is not automatic. A FAFSA must be completed for each academic year before the March 1 priority date. The student’s academic progress as well as financial need determine the continuance of funding.