Financial Aid Awards
Award offers are sent to eligible financial aid applicants as early as the spring or summer prior to the award year. The award offer must be accepted, signed, and returned to the Financial Aid Office within a designated period of time. Any award not accepted is subject to cancellation.
Students determined to be ineligible for financial aid are notified after the applications are received and reviewed.
Financial aid is credited to students' accounts after classes begin, but not before the add-drop period is completed. All aid is used first to cover students' University charges. Refunds of aid to students will be made only after the account balance has been paid in full.
Academic Progress Requirements
In order to retain eligibility for financial aid from year to year, students must meet the University's standards of academic progress. Generally, students must maintain minimum grade point average (GPA) levels established by the University and must earn a minimum number of credits each semester in attendance. Students who do not meet these standards will be placed in a "Financial Aid Warning" status for one semester. If minimum standards are not met by the end of the warning semester, the student will be ineligible for financial aid for the subsequent period of enrollment.
Registration and Fee Payment
The University will permit students to sign a "promissory note" for the amount of charges due during the mandatory business registration process completed in BISON prior to the start of each semester. All amounts not covered by financial aid must be paid in full by the student or parent by the end of each semester. In no case will students with outstanding balances for prior semesters be permitted to register. Financial aid cannot be used for prior years' debts.