2009-2010 Catalog - Graduate School - Bethel University

FinancesFederal Teach GrantAmount:Up to $4,000 per year.Eligibility: Students who plan on being a teacher and meet certain specifiedrequirements. See the Federal Student Aid TEACH Grant at bethel.edu/finaid/teach.Comments: This was a new program for 2008-2009. Apply using FAFSA.Minnesota G.I. Bill ProgramAmount:Up to $1,000 per term for full-time students; up to $500 per termfor part-time students.Eligibility: For Minnesota veterans and service members who served on or afterSeptember 11, 2001. See information at bethel.edu/finaid/mn-gibill.Financial Aid CriteriaFinancial aid is calculated with the assumption that students will progress throughthe sequence of courses in their chosen major, with their assigned cohort group.Students who deviate from this may become ineligible for part or all of their financialaid. Students considering a change in enrollment status are strongly encouraged tocontact the Office of Financial Aid, the Business Office, and the Graduate SchoolAcademic Services Office prior to taking any action.Any federal student loan recipient who graduates, withdraws, transfers to anotherschool, or drops below half-time attendance must complete exit loan counseling.Students will be informed of their rights and responsibilities as a borrower,including repayment options for student loans.Financial Aid Satisfactory Academic Progress (SAP) PolicyFederal regulations require that all financial aid recipients progress at a reasonablerate (“make satisfactory progress”) toward achieving a certificate or degree. Thisrequirement applies to all semesters regardless of whether or not the student receivedfinancial aid. Progress is measured by the student’s cumulative GPA , creditsearned in relation to those attempted, and the maximum time frame allowed tocomplete the academic program.1. Cumulative GPA: Must maintain a cumulative GPA of at least 3.00.2. Cumulative Credits Earned: Each student must satisfactorily complete atleast 67 percent of cumulative attempted credits.3. Maximum Time Frame: A student must complete his/her degree in a maximumof 68 attempted hours in a master’s degree program, or a maximum of100 attempted hours in a doctoral program. A student is no longer eligible toreceive financial aid after this maximum is reached.24