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2008-2009 Undergraduate Catalog - Kettering University

2008-2009 Undergraduate Catalog - Kettering University

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Enrollment Management / 13<br />

• Alternative Student Loan Programs. These programs are intended to provide students and their families an<br />

alternate source of loan funds to assist in meeting the cost of post secondary education. Contact the Financial Aid<br />

Office for further details.<br />

On-Campus Student Employment<br />

• Federal Work Study (FWS) is a program that assists <strong>Kettering</strong> <strong>University</strong> in providing on-campus employment<br />

for students with demonstrated need.<br />

• Michigan Work Study is a State program that assists <strong>Kettering</strong> <strong>University</strong> in providing on-campus employment<br />

for students with demonstrated need.<br />

• Campus employment is available on a limited basis to students without financial need who would like to earn money<br />

toward educational cost while attending school.<br />

Financial Aid Policies<br />

• Required Forms<br />

Free Application for Federal Student Aid (FAFSA)<br />

Other documentation required for federal verification as requested<br />

• Deadline Dates<br />

In order to be considered for all available awards, freshmen applicants are encouraged to apply by February 15 and<br />

continuing students are encouraged to apply by March 1.<br />

• All required documents must be submitted to the Financial Aid Office in a timely manner. Loan applications will be<br />

processed, need-based grants will be credited to accounts, and FWS will be initiated once all documents requested for<br />

verification are submitted. Verification must be completed before or during at least half-time attendance; failure to do<br />

so will result in the loss of eligibility.<br />

• Scholarships and grants are credited to student accounts according to the schedule on the award letter. Loans are<br />

credited after checks are endorsed and promissory notes are signed as needed. Earnings from on-campus employment<br />

are paid on a biweekly basis.<br />

• Students may contact the Financial Aid Office in Room 2-328 CC between the hours of 8:00 a.m. and 5:00 p.m.<br />

(Monday - Friday) for specific details regarding eligibility, application procedures, deadlines, and required documents.<br />

Satisfactory Academic Progress (SAP)<br />

All students receiving financial aid must maintain satisfactory academic progress for the award year and advance toward graduation to be<br />

eligible to continue to receive state and federal and institutional assistance. Additional requirements are included in the Financial Aid brochure.<br />

Students dismissed for academic reasons must meet readmission requirements and SAP requirements to be eligible for financial aid. Students<br />

readmitted on a non-degree basis are not eligible for financial aid.<br />

Tuition/Financial Aid Policy<br />

For purposes of determining financial aid, a full academic load at <strong>Kettering</strong> <strong>University</strong> is considered to be 16 credit hours. In the new<br />

curriculum, students may fall below 16 credit hours for various reasons. One scenario involves courses where the class and lab are separated;<br />

three credits for the class and one credit for the lab. If a student withdraws from the class before seventh week he/she should also withdraw<br />

from the lab. As a freshman or sophomore, if a student fails the course but passes the lab, he/she may take only 15 credits when repeating<br />

the class. This could affect financial aid. In particular, Pell Grants would be reduced by one-fourth. However, the reduction in the Pell Grant<br />

award will be offset by the reduction in tuition. Other forms of financial aid or loans may be affected. Please contact the Financial Aid Office<br />

for further information (810-762-7859).<br />

Withdrawing from Courses<br />

Financial aid is based on the number of credits for which students are enrolled at the end of the refund period. Students who are not registered<br />

for full-time at that point will have aid reduced accordingly. Students are encouraged to meet with a financial aid advisor prior to making<br />

withdrawal decisions.<br />

Withdrawing from <strong>Kettering</strong><br />

Students who completely withdraw from <strong>Kettering</strong> <strong>University</strong> will have financial aid returned to the source, based on the Federal Title IV<br />

Policy. This policy and examples are available at the Financial Aid Office, and in the Financial Aid brochure.

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