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School of Professional Studies - William Jessup University

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Financial Aid - <strong>School</strong> <strong>of</strong> Pr<strong>of</strong>essional <strong>Studies</strong> (SPS)<br />

2010-2011<br />

Financial Aid in the <strong>School</strong> <strong>of</strong> Pr<strong>of</strong>essional <strong>Studies</strong> (SPS) is structured to coincide with the flexibility a student needs to succeed.<br />

Classes begin every 5 weeks and Financial Aid is available for any student beginning at any point during each term (Fall, Spring &<br />

Summer).<br />

There are typically 3 courses per term and each course is typically 3 units. Therefore a student will normally be enrolled in 9 units<br />

per term – considered ¾ time by federal standards. Students enrolled in at least 6 units per term are eligible for all types <strong>of</strong><br />

federal and state aid, while students enrolled in less than 6 units per term are only eligible for a Federal Pell Grant (if they qualify).<br />

There is currently no Institutional Aid available for students in the SPS program.<br />

Financial aid deadlines in the SPS program are specific for the start date <strong>of</strong> each cohort. A student is required to have a valid<br />

FAFSA submitted before registration, or else full payment will be due at registration. For specific deadlines, please contact the<br />

Financial Aid Office or your individual financial aid counselor.<br />

All students in the SPS program are considered ¾ time students and aid is awarded accordingly. Having a course requirement<br />

waived, skipping a course or failing a course may have substantial impact on aid eligibility. Please see your financial aid counselor<br />

immediately if any <strong>of</strong> the above apply to you.<br />

To be considered for the Cal Grant (see below), a FAFSA and a GPA Verification Form need to be submitted by March 2 for Fall<br />

enrollment or September 2 for Spring enrollment.<br />

Application Procedures and Deadlines<br />

1. Complete the FAFSA at www.fafsa.ed.gov. WJU’s school code is 001281.<br />

2. A Student Aid Report (SAR) will be mailed to you in around 4 weeks. The SAR is a report <strong>of</strong> all the information you reported<br />

on the FAFSA and provides you with your Estimated Family Contribution (EFC). When you receive your SAR, check for any<br />

corrections that need to be made. Your FAFSA information is sent electronically to WJU.<br />

3. Upon your acceptance to WJU, you may receive a letter from the Financial Aid Office requesting additional documents for a<br />

process known as verification. Some students will be selected by the Department <strong>of</strong> Education to have their FAFSA<br />

information double-checked for accuracy by the Financial Aid Office.<br />

4. Complete all admissions requirements. You must be granted admission before you can receive an <strong>of</strong>ficial financial aid <strong>of</strong>fer.<br />

5. You can expect to receive a Financial Aid Offer Letter within 2-3 weeks <strong>of</strong> being accepted and completing the verification<br />

process (if applicable). Review the letter, accept the aid you would like to receive, sign the letter and return one-copy to the<br />

Financial Aid Office.<br />

6. If you indicate you will be taking out a student loan, you will need to complete Entrance Loan Counseling, select a lender and<br />

fill out a Master Promissory Note (MPN). These can all be done online under the Student Loans section <strong>of</strong> the Financial Aid<br />

website. If a parent is interested in taking out a Parent PLUS loan, please speak with your financial aid counselor.<br />

The Financial Aid Section <strong>of</strong> the WJU website (www.jessup.edu/financial-aid) is full <strong>of</strong> additional information which you may find<br />

helpful in your journey. Please feel free to reference it at any time. If you have any further questions, please do not hesitate to<br />

email us at finaid@jessup.edu or call at 916.577.2233.<br />

In order to qualify for federal and state aid programs, an eligible student must:<br />

1. Be a U.S. citizen, U.S. permanent resident or eligible non-citizen.<br />

2. Be enrolled as a regular student in a degree program. The student must complete requirements for a degree within 150% <strong>of</strong><br />

the normal time allotted for that degree (e.g. six years to complete a four year bachelor’s program).<br />

3. Have a high school diploma, GED, certificate <strong>of</strong> completion <strong>of</strong> a state approved home school program, two years <strong>of</strong> college<br />

course work which are completely transferrable to a Bachelor’s degree or have passed a federally approved Ability to Benefit<br />

test with the last twelve months.<br />

333 Sunset Boulevard, Rocklin CA 95765 94

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