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Academic Programs - Dallas Theological Seminary

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Procedures & Information<br />

Financial Information<br />

Services Office by May 31 for the fall semester<br />

and November 1 for the spring semester.<br />

The director of Student Financial Services is<br />

available to assist students and their families<br />

by providing advice and suggestions suitable<br />

for their financial status. For more information<br />

on the specific forms of financial aid<br />

available, contact the director of Student<br />

Financial Services at 800-992-0998, ext. 3601.<br />

Student Responsibilities<br />

It is the student’s responsibility to:<br />

1. Accurately complete the application for student<br />

financial aid as errors can result in long<br />

delays in the receipt of financial aid. Intentional<br />

misreporting of information on application<br />

forms for federal programs is considered<br />

a criminal offense subject to penalties<br />

under the United States Criminal Code.<br />

2. Return to Student Financial Services and/<br />

or the Department of Education all<br />

requested documentation, verification,<br />

corrections, and/or new information.<br />

3. Read, understand, and keep copies<br />

of all forms requiring a signature.<br />

4. Accept responsibility for all<br />

signed agreements.<br />

5. Notify the lender of any change in name,<br />

address, or school status.<br />

6. Know and comply with deadlines for<br />

application and reapplication for aid.<br />

7. Know and comply with attending school’s<br />

refund procedures.<br />

8. Maintain good standing and satisfactory<br />

academic progress.<br />

Satisfactory <strong>Academic</strong> Progress<br />

A student is required to make satisfactory<br />

progress toward his or her degree in order<br />

to be eligible for scholarship and federal<br />

financial aid. Students must maintain a<br />

2.5 GPA for scholarship and a 2.0 GPA for<br />

federal loans, without excessive course drops.<br />

Independent Status<br />

The federal government considers an<br />

independent student one who has attained<br />

age 24 by December 31 of the award year,<br />

or who is a graduate student.<br />

Physical Disabilities<br />

Students who have physical disabilities<br />

should contact the Texas Rehabilitation<br />

Commission regarding financial aid for<br />

the disabled. Such students also will be<br />

considered for financial assistance by<br />

Student Financial Services, provided the<br />

necessary forms have been submitted.<br />

Stafford Loan Refund Policies<br />

Refunds of financial aid to eligible students<br />

are made through the Business Office.<br />

Students receiving Title IV (federal) Aid who<br />

withdraw or change enrollment status will<br />

have federal aid adjusted according to the<br />

following formula: the amount of refund<br />

credited to the student’s account multiplied<br />

by the quotient of Title IV Aid, divided by<br />

Total Aid equals the amount returned to<br />

Title IV program.<br />

“Refund credited to the student’s account” in<br />

the above calculation is equal to the amount<br />

of the refund as calculated by the Business<br />

Office, according to the refund policy schedule<br />

in the student handbook.<br />

Tuition Management Systems<br />

Payment Plan (TMS)<br />

The <strong>Seminary</strong> recommends that entering<br />

students come with sufficient funds for at<br />

least one semester. For students who are<br />

unable to pay their expenses in full, financing<br />

in the form of a payment plan with no interest<br />

is available at the time of registration for<br />

tuition and dormitory room and board.<br />

The payment plan may be taken out for a<br />

five- or 10-month period.<br />

At the beginning of the spring semester, a<br />

five-month plan is available to students who<br />

are not currently utilizing the program.<br />

Students must apply for TMS online prior to<br />

the semester in which they plan to attend.<br />

There is a $55 enrollment fee for the 10-<br />

month plan and a $40 enrollment fee for<br />

the five-month plan. (Please note that fees<br />

are subject to change. Questions regarding<br />

the payment plan should be directed to the<br />

bursar in the Business Office.)<br />

TYPES OF SCHOLARSHIPS<br />

Scholarship and <strong>Academic</strong> Load<br />

Graduate students must be enrolled for at<br />

least 12 credit hours or more in order to be<br />

considered full-time students and eligible<br />

for scholarship. Students enrolled part-time<br />

(less than 12 hours) will be eligible for the<br />

payment plan and loan program only.<br />

General Scholarships<br />

General scholarships are available to<br />

students who do not meet the criteria<br />

for other scholarships. Applications for<br />

aid are reviewed by the director of Student<br />

Financial Services and the Financial Aid<br />

Committee. For a listing of the available<br />

scholarships and eligibility requirements,<br />

see the General Information section of<br />

this catalog.<br />

76<br />

DALLAS THEOLOGICAL SEMINARY 2006–2007 CATALOG

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