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Statements of Policy - UMUC Europe

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Financial Aid<br />

Scholarships<br />

<strong>UMUC</strong> awards scholarships to eligible undergraduate students<br />

in <strong>Europe</strong>. There are scholarships available in a wide range <strong>of</strong><br />

categories for which students can qualify, including military<br />

members, family members, civilians, VA students, TA students,<br />

associate-level students, and baccalaureate students. Scholarships<br />

are awarded on the basis <strong>of</strong> students’ academic records and<br />

potential in accordance with the specific requirements for a given<br />

category. Please contact the Financial Aid Office for scholarship<br />

application information.<br />

Forms <strong>of</strong> Financial Aid<br />

<strong>UMUC</strong> participates in the administration <strong>of</strong> the Federal Pell<br />

Grant, Federal Supplemental Educational Opportunity Grant<br />

(FSEOG), The William D. Ford Federal Direct Loan, and the<br />

Federal Perkins Student Loan programs. All financial aid is<br />

administered and awarded in accordance with the federal rules<br />

and regulations that govern the Title IV Student Financial<br />

Assistance Programs.<br />

Applying for Financial Aid<br />

The 2004-2005 Free Application for Federal Student Aid (FAFSA)<br />

booklet, <strong>UMUC</strong>-<strong>Europe</strong>’s Guide to Financial Aid, and <strong>UMUC</strong>-<br />

<strong>Europe</strong>’s Financial Aid Data Form are available at all education<br />

centers. The Guide is designed to help students complete the<br />

federal application. It is critical that students use the Guide and<br />

Data Form before attempting to complete the FAFSA. Students<br />

can complete the FAFSA and mail it to the federal processing<br />

center in Mt. Vernon, Illionois, or use the online form and submit<br />

it electronically at www.fafsa.ed.gov.<br />

The Data Form is sent to the <strong>UMUC</strong>-<strong>Europe</strong> Financial Aid<br />

Office in Heidelberg to initiate the student’s financial aid file. It<br />

can take four to six weeks to process an application for any type <strong>of</strong><br />

financial aid. Plan ahead! Be sure to note the priority processing<br />

deadlines and other important dates outlined in the Guide.<br />

Financial aid is awarded by academic year, and students must<br />

reapply each year. (Students may apply until 1 June 2005 for the<br />

2004-2005 academic year.) Financial aid can be used<br />

concurrently with VA education benefits, scholarships,<br />

military tuition assistance, and military spouse tuition assistance.<br />

It is the student’s responsibility to inform the Financial Aid Office<br />

when outside resources such as these will be used. Federal Pell<br />

Grants may be awarded retroactively. Student loans are processed<br />

and approved for current or upcoming enrollments during the<br />

academic year.<br />

The results <strong>of</strong> the Free Application for Federal Student Aid (FAFSA)<br />

are contained in the Student Aid Report (SAR) or Institutional<br />

Student Information Report (ISIR), which will be secured<br />

electronically from the federal processors in Illinois by the Financial<br />

Aid Office for all students who submitted their FAFSA to the<br />

processing center or who completed the FAFSA on the Web. The<br />

SAR/ISIR will indicate whether the student may be eligible for a<br />

Federal Pell Grant.<br />

The Financial Aid Office must review and approve the completed<br />

file before the student enrolls as a financial aid recipient. Students<br />

Financial Aid<br />

receiving financial aid must be degree seeking. Students who<br />

already have baccalaureate degrees are not eligible for Federal Pell<br />

Grants, but they are eligible for Federal Direct Student Loans.<br />

An initial financial aid award will be made based on anticipated<br />

enrollment in either the regular 8-week term classes or the<br />

16-week distance education classes, depending upon information<br />

provided on the Data Form. Students who wish to have their file<br />

reviewed due to special or unusual circumstances should still<br />

submit the FAFSA with the information requested, wait for the<br />

results <strong>of</strong> the FAFSA, and then contact the Financial Aid Office.<br />

Students receiving financial aid must make satisfactory academic<br />

progress. They must maintain a cumulative grade point average<br />

(GPA) which meets the academic standards as set forth in this<br />

Catalog and must maintain a cumulative completion rate <strong>of</strong> at<br />

least 67% <strong>of</strong> the semester hours attempted. A student whose<br />

academic work falls below acceptable levels <strong>of</strong> performance and is<br />

placed on aid denied status will lose financial aid eligibility.<br />

Consortium<br />

Students’ Financial Aid Awards are determined based on<br />

enrollment with <strong>UMUC</strong>-<strong>Europe</strong>. If students wish to take a course<br />

with another school, they must contact the Financial Aid Office<br />

prior to enrolling with the other school. Enrollment in courses<br />

<strong>of</strong>fered by <strong>UMUC</strong>-Asia or <strong>UMUC</strong>-Adelphi may be used in<br />

calculating financial aid eligibility; however, students must notify<br />

the <strong>UMUC</strong>-<strong>Europe</strong> Financial Aid Office <strong>of</strong> this intention to<br />

ensure timely and accurate processing <strong>of</strong> their financial aid.<br />

Federal Pell Grants<br />

Federal Pell Grants range from $100 to $4,050 and need not be<br />

repaid. Students eligible for a Federal Pell Grant who have<br />

submitted their completed FAFSA (or DRN or SAR) and all<br />

required documentation to the Financial Aid Office will receive<br />

an Award and Acceptance Letter. The student needs to sign<br />

the form, retain a copy, and return the form to the Financial<br />

Aid Office.<br />

An eligible Federal Pell Grant student will be considered for the<br />

entire academic year. The student can be considered for no more<br />

than four full-time (6 or more semester hours) terms in the academic<br />

year for the current year’s FAFSA. The student is responsible for<br />

tracking the use <strong>of</strong> his or her grant. The amount <strong>of</strong> the grant,<br />

which is based upon the Expected Family Contribution Number<br />

and the cost <strong>of</strong> education, may vary each term depending on<br />

whether the student enrolls full time (6 s.h. or more) or part time<br />

(1 to 5 s.h.). Because the grant schedule can be different for 1 s.h.<br />

seminars, Distance Education courses, and other nontraditional<br />

classes, Federal Pell students must consult with the Financial Aid<br />

Office before enrolling in these courses.<br />

For Term 5, students must telephone the Financial Aid Office to<br />

determine the amount <strong>of</strong> available Pell funds.<br />

The Pell Grant is adjusted for students’ actual enrollment on the<br />

third Friday <strong>of</strong> the eight-week term and the second Friday <strong>of</strong> the<br />

distance education term, which is referred to as the Pell census<br />

date. Any courses for which students are registered or which<br />

students drop or withdraw from before the Pell census date are<br />

taken into consideration in the finalization <strong>of</strong> their Pell award. In<br />

other words, if a student withdraws from a course before the Pell<br />

2004-2005 Undergraduate Catalog 5

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