Statements of Policy - UMUC Europe
Statements of Policy - UMUC Europe
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