Untitled - Bellin College

BELLIN COLLEGE CATALOG2011-12Other Sources of Financial AidFederal College Work Study is need-based. The amount of work study allowed varies.Bellin College Merit ScholarshipThe Merit Scholarship amount is non-need based. Eligibility is determined at the time the applicant is deemedadmissible to Bellin College (based upon academic credentials). The amount awarded can range from $1,000-$2,500 per academic year.Outside AidOutside Aid is determined by the organization/agency providing the funds. The eligibility requirements are setby the donor. An application is required, the aid may be need or non-need based, and the amount awardedvaries.Endowed and Current ScholarshipsThe College administers a scholarship program through endowments and annual gifts made by individuals,businesses, or other local organizations/groups. These funds are based on need, and are generally awarded tojuniors, seniors, and 15 Month Option students. Students who have filed the FAFSA are automaticallyconsidered for scholarships.Full-Time/Part-Time Status (Academic Load)Undergraduate: (Excluding the 15 Month Option)• Full-time enrollment ......................... must be registered for at least 12 credits per semester• Three-quarter time enrollment ........ 9 and 11.5 credits per semester• Half-time enrollment ........................ 6 and 8.5 credits per semesterTo be eligible for financial assistance, an undergraduate student must be enrolled in a minimum of 6 creditsper semester. Semester credits include general education courses taken concurrently through the UWGB, orother institutions of higher learning and nursing courses taken through Bellin College.Undergraduate: (15 Month Option)A student enrolled in the 15 Month Option will be considered full-time in each term of the program basedupon the established curriculum plan.Financial Aid Application and Processing InformationIn order to be considered for financial aid, a student must file a Free Application for Federal Student Aid(FAFSA). A FAFSA may be completed online at www.fafsa.ed.gov. It is important for the student to rememberthat financial aid applications must be filed each year. Students should meet priority filing dates as establishedby the institution(s). A FAFSA should be completed as soon after January 1st as possible for enrollment periodsbeginning on or after July 1 of the same year.A FAFSA is processed by the U.S. Department of Education and the result is called an expected familycontribution (EFC). This represents how much money the family should be able to contribute toward collegeexpenses over the course of that academic year. The amount of financial aid a student may receive is based onhis/her financial need.Financial need calculation:Cost of Education for the Academic Year(minus) Expected Family ContributionFinancial Need35