Financial Aid Guide - Briar Cliff University

2013-2014 BCU Financial Aid Booklet | 5Gift-AidPresidential ScholarshipsThe Presidential Scholarship is a full-tuition scholarship. MinimumACT 26 or 1170 SAT and a 3.75 cumulative grade point average (GPA)are required. Students are awarded based on academic qualification,demonstrated leadership and an interview with University officials. TheIowa Tuition Grant will be deducted from the Presidential Scholarship.Recipients must maintain full-time status, live on campus and maintaina 3.0 GPA to renew the scholarship.Academic AwardThe Briar Cliff Academic Achievement Award is based on high schoolGPA and ACT/SAT scores. This award ranges from $2,500-$16,000on campus and $1,500-$12,000 off campus. To renew the award forthe next academic year, students must meet Satisfactory AcademicProgress Standards. This award is adjusted for residents or commuters.If awarded as an on campus student and the student moves offcampus, the award will be adjusted to off campus amount. Studentsmust be full-time (at least 12 hours) each semester to receive funding.Saint Francis ScholarshipThe Saint Francis Scholarship is designed for students whodemonstrate a high level of leadership. The scholarship ranges from$500 to $6,000. Minimum ACT 24 or SAT 1090 and a 3.25 GPA arerequired. An interview with University officials is required.Athletic ScholarshipsBriar Cliff University offers athletic scholarships in the following sports:men’s and women’s basketball, cross country, golf, soccer, track,tennis, baseball, football, wrestling, softball and volleyball. Athletesmust meet the GPA requirements listed in the Satisfactory AcademicProgress Standards. Recipients must maintain full-time status.Art/Music/Theater ScholarshipsStudents who have auditioned or presented a portfolio may beconsidered for awards in art, music and theatre. Awards can berenewed based on participation or guidelines set by the appropriatefaculty member. Recipients must maintain full-time status.Briar Cliff University GrantThis grant is awarded to students who have demonstrated financialneed and have completed the FAFSA. Awards vary based on need.Students who live on campus and filed a FAFSA by March 15, 2013have highest priority. Students may lose this award if they moveoff-campus.Alumni ScholarshipThis $1,000 award is given to students who have a parent whograduated from Briar Cliff University. This award can be renewed up tofour years if the student is a full-time day-time student.Connection ScholarshipThis is a $1,000 schoalrship exclusively for high school seniors and newtransfer students who have graduated from a Catholic high school inthe Sioux City Diocese. This award is automatically renewed for up tofour years if the student is a full-time day student.BCU Annual and Endowed ScholarshipsBriar Cliff recognizes students who have compiled outstanding recordsof scholastic achievement, displayed exceptional leadership qualitiesand/or developed remarkable talents. These awards will be givenat the discretion of the appropriate department. Non-compliancewith the requirements of the private scholarships will result in theplacement of a “hold” on the student’s account delaying registrationfor the next semester.Federal & State Work-StudyFederal and State Work-StudyThe Federal and State Work-Study programs provide students anopportunity to work on campus or in a few positions located offcampusin the community. Being awarded work-study is not aguarantee of a job. Students at BCU apply for and obtain their ownjobs. Students with a Federal or State Work-Study award are givenpriority for positions, provided they have the required qualifications.A few examples of jobs available at BCU are library staff, office supportstaff, food service employees and athletic ticket sales. Students willhave the opportunity to attend a job fair in the fall and can also reviewany work study positions on the Student Employment portal.Students generally work between 5-10 hours per week to earntheir work-study awards which range from $500 to $3,000 per year.Currently work-study wages begin at $7.25 per hour and increasebased on the responsibilities required for the position. Work-studyearnings are subject to federal and state income taxes, but in mostcases are not subject to FICA tax. Income earned from work-study ismade available to students in the form of a paycheck, direct depositinto a bank account or as a payment toward a student’s bill. It is upto the student to decide how, or if, work-study earnings will be usedto pay the student’s bill. Employment earnings are paid twice eachmonth. Work-study listed on the financial aid award letter will notshow up as a credit on a Student’s tuition bill.