Financial Aid Guide - Briar Cliff University

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Special CircumstancesIf there are special circumstances that affect the ability to pay for educational expenses, students may submit a Professional Judgment Form.To apply, download the application at www.briarcliff.edu/prospective_students/fin_aid_forms.aspx or contact the Financial Aid Office tohave one mailed. The form lists all areas which can be considered. Please note that costs associated with lifestyle choices or consumer debt (i.e.,house or car payments, living without roommates, credit card purchases) and changes in income due to overtime and gambling losses cannotbe taken into consideration.Acceptable reasons to file a Special Circumstance Application include:• Death or disability of a parent or spouse• Divorce or separation of parent or student• Medical, dental or dependent care expenses not reimbursedby insurance or by an employer’s pre-tax cafeteria plan• Unemployment• Loss of Social Security benefits and/or child support• Business or farm closed due to bankruptcy, foreclosure ornatural disaster• Private high school, junior high or elementary tuitionexpenses for other family members• Parents’ or spouse’s personal college loan payments• Parent enrolled in college in 2013-2014 and payingout-of-pocket college tuition expensesOutside ScholarshipsThis past year, Briar Cliff University received just over $280,000 in privatescholarships awarded by local foundations, community agencies, clubs,social and fraternal organizations, parents’ employers, and others. Thesescholarships are awarded based on a variety of factors, such as financialneed, academic achievement, ethnicity, community involvement,leadership, career plans, and fields of study. It is truly worth the student’stime to search for these opportunities.ReportingStudents receiving funding from outside sources must notify the FinancialAid Office of these additional funds. If we are required to revise financialaid due to a student’s receipt of other resources, the student’s FederalDirect loan(s) or work-study award will be adjusted first. Contact theFinancial Aid Office with questions about how aid received from outsidesources may affect the overall aid package. Students may report theiroutside scholarships on the Outside Aid Information Form which isenclosed with your Financial Aid Award.DisbursementIn most cases, the scholarship donor will provide specific details regardinghow and when the funds will be disbursed or if students are required tosubmit any documentation to the donor before any funds will be released.2013-2014 BCU Financial Aid Booklet | 11If the donor sends a check to the student, he/she should endorse thecheck, if needed, and forward it to the Financial Aid Office. If the donorsends the check to the Financial Aid Office, the student will be contactedby e-mail if the scholarship check requires his/her signature. Privatescholarship checks will be applied to the student’s account as they arereceived.Unless the donor provides specific instructions, private scholarships lessthan $250 will be credited to the student’s account in full. Scholarshipsof $251 or more will be credited to the student’s account in two equaldisbursements during the fall and spring semesters provided the studentis are enrolled full time.
BCU Payment Plans & Billing ProceduresPayment of AccountsBCU’s payment policy requires all semester charges to be paid by the first day of classes. A bill may be paid through personal resources orAutomatic Bill Payment Plan. If the student is applying for an alternative loan or a Federal Direct PLUS Loan to cover the difference, thatis also acceptable. All current charges must be paid before registering for a new semester. The University reserves the right to disenroll astudent for non-payment.Personal ResourcesPayment by most major credit cards may be made in person, by telephone or by mail. Checks and money orders should be made payableto Briar Cliff University. Please include the student account number on all payments.Automatic Bill Payment PlanBCU offers an automatic bill payment plan which allows students to make automatic payments on their student account viaauto-debit. The plan generally begins in September and runs for 10 months; however, it is possible to start at any time. Contact theBusiness Office at (712) 279-5440 for more information.When Is Financial Aid Credited to Your Account?Grants and BCU ScholarshipsGrants and scholarships will be credited to the student’s account no earlier than 10 days prior to the start of the term, if his/her financialaid file is complete.Federal Perkins LoansFederal Perkins Loans will be credited to the student’s account no earlier than 10 days after the start of the term, if his/her requiredpaperwork is completed.Other Student LoansMost student loans will be disbursed in half. BCU will receive half of the loan proceeds at the beginning of the fall and spring semesters.Student EmploymentEarnings from student employment may be credited to the student’s account once a job is secured, all required paperwork is completedand wages are earned. When completing the employment paperwork, the student determines what percentage of his/her earnings willbe applied to the account. Earnings are paid twice monthly in a paycheck or direct deposit to the student’s bank account.2013-2014 BCU Financial Aid Booklet | 12
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Page 4 and 5: 2013-2014 Financial Aid DeadlinesMa
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Page 14 and 15: Satisfactory Academic Progress2013-
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Financial Aid Guide - Briar Cliff University

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