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download .pdf - Park University

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Student Information Report (ISIR),which is <strong>download</strong>ed by <strong>Park</strong> <strong>University</strong>from electronic data produced from theFAFSA. All students who are eligible tocomplete the FAFSA are required to doso—even if they are only eligible to receiveinstitutional financial aid funds.3. If selected for verification (an asterisk appearsbeside the EFC number in upper rightcorner of the SAR or ISIR), the followingdocuments will be required:• Verification Worksheet.• An official federal tax transcript providedby the Internal Revenue Service, and ifrequested W-2s, even if the student wasnot married in 2012 (or student and his/her parent’s federal income tax form, if thestudent was a dependent).• <strong>Park</strong> <strong>University</strong> programs are approved forveteran benefits and comply fully with PublicLaw and Title IX of the Education Act of 1964.<strong>Park</strong> <strong>University</strong>’s academic programs ofstudy are approved by the Higher EducationCoordinating Board’s State Approving Agency(HECB/SAA) for enrollment of persons eligibleto receive educational benefits under Title 38and Title 10, U.S. Code.SATISFACTORY ACADEMICPROGRESS POLICY FORFINANCIAL ASSISTANCE FORUNDERGRADUATE STUDENTSSatisfactory progress is a federally mandatedprocess and must be met to remain eligibleto receive federal and state assistance.Financial assistance is awarded annually toqualified students who continue to demonstratefinancial need and make satisfactory progress(see policy on Satisfactory Academic Progressfor Financial Assistance). FAFSA applicationsmust be submitted each year.The FAFSA form is required to establisheligibility for need-based and institutionalfinancial aid programs. There is no fee chargedfor the FAFSA application. Forms for 2013-2014 will not be processed after June 30. TheFAFSA form may be used as the single requestfor consideration for the Federal Pell Grant,Access Missouri Student Financial AssistanceProgram and all other Title IV and institutionalassistance programs.A FAFSA form is required for each familymember when more than one student from thesame family plans to attend <strong>Park</strong> <strong>University</strong>.Awards are made on a first-come, first-servebasis beginning approximately February 1,with a limited amount of funds available forawarding.Active duty military personnel shouldconsult their Education Services Officer (ESO)for information about financial aid frombranches of the Armed Forces or from theVeterans Administration.• Tuition assistance is available to active dutypersonnel within Service guidelines. TheEducation Center will authorize paymentof the proper percentage of tuition/fees toauthorized individuals. Enlisted personneland warrant officers incur no serviceobligation as a result of acceptance of tuitionassistance but must be on active duty uponcompletion of the course(s). Commissionedofficers may have to agree in writing toremain on active duty for a minimum of twoyears after completion of the course(s).81The complete policy is available atwww.park.edu. Search “Academic ProgressPolicy.”Financial Aid Checklistfor Students Transferring To <strong>Park</strong> <strong>University</strong>To Transfer Financial Aid Eligibility fromanother school to <strong>Park</strong> <strong>University</strong>:1. The applicant must first be enrolled at <strong>Park</strong><strong>University</strong>.*2. RFA (Request for Financial Aid) - Completea <strong>Park</strong> <strong>University</strong> Request for Financial Aid(available online). If additional documentsare required, the applicant will be notified.*3. If applying for federal financial assistance, avalid FAFSA must be on file.(The <strong>Park</strong> <strong>University</strong> code is 002498).4. Student Loan Recipients - If the applicantreceived a Federal Direct, Direct Parentor Perkins Student Loan in the previoussemester and are transferring to <strong>Park</strong><strong>University</strong>, the applicant should contact theprevious institution to cancel any subsequentloan disbursement at the previous school.The applicant must reapply for the loan at<strong>Park</strong> <strong>University</strong>.5. Missouri Higher Education AcademicScholarship Program - An applicant maychange his/her approved institution choiceprior to the beginning of the first day ofclasses and may transfer between approvedinstitutions during the academic year.The deadline for such actions is August 1for the fall semester and January 1 for thewinter or spring semester. Failure to notifythe Missouri Student Assistance ResourceServices Office by the dates of such actionmay result in the loss of the award.6. The applicant will be informed by <strong>Park</strong><strong>University</strong> of the Financial Aid Award in

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