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2009-2011 - Benedict College

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38 STUDENT FINANCES<br />

In addition, students must maintain at least a 1.00 cumulative grade point average at the end of each<br />

academic year or be suspended for one semester.<br />

Students may appeal suspension of financial aid by submitting a letter to the Director of Financial Aid<br />

and the Satisfactory Academic Policy Committee explaining the mitigating circumstances that created<br />

the unsatisfactory performance. The letter should include documentation to support the appeal. If the<br />

appeal is approved, the student will be notified of reinstatement.<br />

Certain elements of the student financial assistance program at <strong>Benedict</strong> <strong>College</strong> are not subject to<br />

appeal by students. Among these are:<br />

Aid Types—Pell, etc.<br />

Award Letters—Amount of Aid, Maximum/minimum<br />

Job Placement—<strong>College</strong> Work-Study assignment<br />

Agency or <strong>College</strong> refund policies and procedures<br />

All state regulations<br />

All federal regulations<br />

SCHOLARSHIP ADMINISTRATION PROGRAM GOALS:<br />

1. Attract and retain highly motivated, academically gifted students.<br />

2. Provide financial awards for students gifted in the performing arts and athletics.<br />

3. Provide financial awards to students currently enrolled at the <strong>College</strong> who have<br />

achieved high academic standards.<br />

4. Recruit students for the School of Honors<br />

All scholarship recipients must apply for all financial aid (Pell Grant, S.C. Tuition Grant, if applicable).<br />

The scholarship or award is applied after all financial aid is exhausted.<br />

Funds provided for scholarships may be used for tuition, room and board, books, and course fees.<br />

Due to budgetary considerations, all students who meet eligibility requirements may not receive a<br />

scholarship. Based on variations in programs, scholarships are usually renewed for students who<br />

maintain eligibility. Inquires regarding scholarships should be addressed to the Director of the Office<br />

of Institutional Scholarships at (803) 705-4805.<br />

SCHOLARSHIP ADMINISTRATION<br />

SCHOLARSHIP<br />

CONSIDERATION<br />

CRITERIA*<br />

COMPONENTS<br />

NAME Consideration Criteria (up to)<br />

Trustee Club 3.8-4.0 Grade Point Average $17,000.00<br />

Trustee 3.5-3.79 Grade Point Average $13,000.00<br />

Presidential 3.0-3.49 Grade Point Average $7,500.00<br />

Academic Excellence 2.5-2.99 Grade Point Average $2000.00<br />

Scholarship Refund<br />

Transfer students are not considered for these freshman scholarships. Scholarship recipients must<br />

apply for all federal and state financial aid. The scholarship is applied after all other financial aid is<br />

exhausted. Scholarship funds do not pay for expenses incurred off campus. These scholarships are<br />

renewable annually for three (3) additional years, not including Summer School, provided a recipient<br />

maintains the required GPA and fulfills other school obligations. If scholarship recipients do not maintain<br />

the requirements and fulfill other school obligations, the <strong>College</strong> reserves the right to<br />

terminate the scholarship immediately.

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