FINANCIAL AID. The law suspends aid eligibility for students convicted under federal or state law of sale or possession

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1 FINANCIAL AID The mission of he Office of Financial Aid and Scholarships is o assis sudens in obaining funds o achieve heir educaional poenial. The universiy provides assisance o sudens hrough hree basic sources: grans, employmen and scholarships. The primary purpose of financial aid is o provide assisance o sudens who, wihou such aid, would find i difficul or impossible o aend college. Our primary source of funding is from federally funded programs. To deermine eligibiliy, sudens mus complee a Free Applicaion for Suden Aid (FAFSA); which akes ino consideraion all facors ha affec a family s financial saus. The FAFSA mus be compleed each year a suden plans o aend school. Sudens may begin he process on January 1 s of each year. The FAFSA may be compleed online a SUSLA s Tile IV code mus be included o ensure ha he resuls are accessible o he SULSA financial aid saff. In addiion o compleing he FAFSA, sudens mus mee he following requiremens: Be enrolled or acceped for enrollmen as a regular suden working oward a degree or cerificae in an eligible program. Be a U. S. ciizen or eligible non-ciizen Have a valid social securiy number Submi an official high school ranscrip or General Educaion Developmen (GED) cerificae o he Admissions Office, if a beginning freshman Cerify ha all federal/sae suden aid awarded will be used for educaional purposes only by signing a Saemen of Educaional Purpose; which is locaed on he FAFSA Mus no be in defaul on a federal suden loan or owe a refund on a federal gran If male and aged 18 hrough 25, regiser wih he Selecive Service. Sudens may give Selecive Service permission o regiser hem by checking a box on he FAFSA or via he Inerne a hp:// Mus no have earned an Associae Degree or Bachelor s Degree (pending rese approval) Mus mainain saisfacory academic progress A selec number of sudens who apply for federal financial aid mus verify he informaion submied on he FAFSA applicaion. Therefore, sudens mus be prepared o submi income documens o he Financial Aid Office. All requesed documens mus be submied in a imely manner o ensure he promp processing of financial aid requess. Sudens who ransfer o Souhern Universiy a Shrevepor from any oher college/universiy or vocaional/echnical schools mus ake he necessary seps o ensure ha hey will be eligible for financial aid; as i does no auomaically ransfer. Sudens should add Souhern Universiy a Shrevepor code (007686) o he Free Applicaion for Federal Suden Aid. Official academic ranscrips from all schools previously aended mus be submied. As soon as possible, ransfer applicans should conac he Financial Aid Office o find ou wha seps should be aken o ensure receip of aid a Souhern Universiy a Shrevepor. The law suspends aid eligibiliy for sudens conviced under federal or sae law of sale or possession Souhern Universiy a Shrevepor Louisiana Universiy Caalog

2 of drugs. Sudens who have been conviced of drug possession are ineligible for one year from he dae of a firs convicion, wo (2) years afer a second convicion, and indefiniely afer a hird convicion. Sudens conviced of selling drugs are ineligible for wo (2) years from he dae of a firs convicion and indefiniely afer a second convicion. If eligibiliy is los, a suden may regain eligibiliy early by successfully compleing an accepable drug rehabiliaion program. For more informaion, visi he Financial Aid webpage on he universiy s websie. Summer Eligibiliy Only eligible coninuing sudens and beginning freshmen are considered for financial aid for summer sessions. Scholarships and loans are no available for summer-only enrollees. Saisfacory Academic Progress The U.S. Deparmen of Educaion requires colleges and universiies o adop specific guidelines o monior he academic progress of sudens receiving federal or sae financial assisance. The regulaions require he Universiy o monior suden grades and number of hours aemped/earned o deermine wheher sudens are eligible o receive financial assisance (See Figure 1). In order o mainain eligibiliy, a suden mus no exceed 150% of credis required for he suden s curren major. Any suden ha does no mainain saisfacory academic progress has he righ o iniiae a financial aid appeal. In such cases, sudens shall no be paid reroacively for erms where eligibiliy is los. Addiional informaion can be obained on he Financial Aid webpage via he universiy s websie. SAP Requiremens: Undergraduae Souhern Universiy will deermine he eligibiliy of a suden for financial assisance based on he following: Cumulaive Minimum (%) o Minimum Cumulaive GPA Aemped Complee % % and above 67% 2.00 Figure 1 Reurn of Tile IV Funds: Souhern Universiy a Shrevepor adheres o he 2008 Reauhorizaion of he Higher Educaion Ac of 1965; as amended. The law defines he amoun of Tile IV grans and loans ha he suden has earned he righ o use. The amoun of aid a suden has earned is direcly relaed o he lengh of ime he or she has mainained aendance during he semeser. The law requires ha if a recipien of Tile IV assisance wihdraws/resigns from an insiuion before compleing more han 60% of he semeser in which he recipien began aendance, he insiuion mus calculae he percenage and amoun of Tile IV assisance he suden earned. Unearned Tile IV funds mus be reurned o he Tile IV programs by he school and/or he suden. Souhern Universiy a Shrevepor Louisiana Universiy Caalog

3 SOURCES OF FINANCIAL AID Federal Funds There are several ypes of grans a suden may obain a Souhern Universiy a Shrevepor. They are as follows: Federal Pell Gran, Federal Supplemenal Educaional Opporuniy Gran, Veerans Benefis, Vocaional Rehabiliaion, Armed Forces Reserve, and Naional Guard. For informaion on miliary-relaed sipends, conac he Regisrar s Office. Federal Pell Gran - The Federal Educaional Amendmen of 1972 esablished a program ha eniles all eligible sudens o receive Federal Pell Gran awards. These awards range from $564- $5,775 for an academic year; depending on he suden s eligibiliy as deermined by he U.S. Deparmen of Educaion, his/her enrollmen saus and he insiuion s cos of educaion. Federal Supplemenal Educaional Opporuniy Gran - Souhern Universiy a Shrevepor, in cooperaion wih he federal governmen, has limied funds o provide grans o eligible sudens. The amoun of he gran is based on he individual suden s financial need and he availabiliy of funds. Loans Souhern Universiy a Shrevepor currenly provides loans o sudens hrough he William D. Ford Direc Loan Program. Direc loans are provided by he federal governmen raher han a commercial lending insiuion. The universiy s office of suden Financial Aid adminisers he loans; deermines loan eligibiliy; approves he loan; confirms he promissory noe, when necessary; receives he funds from he federal governmen; and credis he loan amoun direcly o a universiy suden accoun. To be eligible for Federal Direc Loans, sudens mus submi a FAFSA and be enrolled in a leas six (6) credi hours. The financial aid loan coordinaor will use informaion from he FAFSA o deermine eligibiliy for a Paren Plus, Subsidized and / or Unsubsidized Loan. Subsidized Direc Loans - is awarded on he basis of financial need. The ineres rae is fixed a 1.07% for award year. Unsubsidized Direc Loans is no based on financial need. The ineres rae is fixed a 1.07% for award year. Paren Plus Loans a Federal PLUS Loans enable parens wih good credi hisories o borrow funds o pay he educaion expenses of each child who is a dependen undergraduae suden. PLUS Loans have fixed ineres rae of 6.41% saring wih PLUS loans disbursed afer July 1, A fee of 4.292% of he loan can be deduced proporionaely from each disbursemen. Souhern Universiy a Shrevepor Louisiana Universiy Caalog

4 Suden Employmen Souhern Universiy a Shrevepor provides jobs for sudens who need financial assisance using funds from he federal governmen. Through he Federal Work-Sudy Program, he office of Financial Aid arranges jobs for sudens on- and off-campus wih privae non-profi agencies. Sudens are paid a leas he hourly minimum wage. Ineresed sudens should apply in he Financial Aid Office. Veerans Benefis All veerans, spouses and dependens of deceased or disabled veerans mus acquire a Cerificae of Eligibiliy from he Veerans Adminisraion Office prior o regisraion. Sudens mus mail or bring he Cerificae of Eligibiliy o he Regisrar s Office for auhenicaing and processing. Vocaional Rehabiliaion A suden who has a physical disabiliy may obain assisance for uiion and books hrough he Louisiana Deparmen of Educaion (Division of Vocaional Rehabiliaion). Sudens who feel hey may qualify should apply for assisance o he neares rehabiliaion office. A non-residen is herein defined as an individual who canno provide proof of eligibiliy for assignmen of residen saus under he regulaions prescribed in his secion. Workforce Invesmen Ac (WIA) The WIA funding is available for individuals o fund shor-erm raining programs ha have been approved by he local Workforce Invesmen Board (WIB). To qualify for funding o aend he raining programs, sudens mus apply in he workforce region of residence and mee specific requiremens. WIA is designed o enhance cusomer choice hrough a sysem of Individual Training Accoun (ITA) vouchers, while assuring program qualiy hrough a provider cerificaion sysem. SUSLA is a sae approved raining provider hrough he provider cerificaion sysem. The inen of WIA is o empower individuals by allowing hem o choose he program of raining or educaion hey need, giving hem he informaion o make informed decisions, and increasing accounabiliy and qualiy among providers. SCHOLARSHIPS The Souhern Universiy Board of Supervisors makes scholarships available o qualified sudens. Scholarships are awarded by he universiy Scholarship Commiee and adminisered by he Financial Aid Office. The following universiy, sae and privae scholarships are available: The Academic Scholarship - This scholarship is awarded o hose who have demonsraed academic excellence. Recipiens are seleced on he basis of high school cumulaive averages of 3.0 or beer, ACT es scores, and/or seleced recommendaions. The recipien mus complee a leas welve (12) hours of college level courses each Souhern Universiy a Shrevepor Louisiana Universiy Caalog

5 semeser. Developmenal courses are no acceped. The Thelma Fisher Paerson Memorial Scholarship - This scholarship is awarded o seleced sudens wih a high school cumulaive average of 2.5 or beer and seleced recommendaions. All oher recipiens mus mainain a grade poin average of 3.0 or beer by he end of he firs academic year. The recipien mus complee a leas welve (12) semeser hours of college level courses each semeser. Developmenal courses are no acceped. Privae Scholarships - Privae Scholarships are ofen awarded by various organizaions such as churches, fraerniies, sororiies, casinos, and masonic and civic organizaions. No all of hese are recurring awards; nor are hey always made hrough he insiuion. The mos frequen awards are: Shrevepor Roary Club Kappa Alpha Psi Fraerniy, Inc. Sigma Gamma Rho Sororiy, Inc. Omega Psi Phi Fraerniy, Inc. Dela Sigma Thea Sororiy, Inc. Alpha Phi Alpha, Fraerniy, Inc. Alpha Kappa Alpha Sororiy, Inc. Phi Bea Sigma Fraerniy, Inc. Zea Phi Bea Sororiy, Inc. Order of Easern Sar Naional Associaion of Universiy Women Louisiana Tuiion Opporuniy Program for Sudens (TOPS) Souhern Universiy Alumni Federaion - Shrevepor Chaper Souhern Universiy a Shrevepor Foundaion Ida M. Sinson Scholarship in Chemisry Annie Lowe Siles REGULATIONS REGARDING RESIDENT CLASSIFICATION For purposes of assigning uiion and fees a public insiuions of higher educaion, a Louisiana residen shall be defined as an individual who has abandoned all prior domiciles and has been domiciled in he Sae of Louisiana coninuously for a period herein called he domiciliary period, of a leas one calendar year immediaely preceding he firs day of classes for which residen classificaion is sough. The individual s physical presence wihin his sae solely for educaion purposes wihou subsanial evidence of he inen o remain in Louisiana will no be sufficien for residen classificaion; regardless of lengh of ime wihin he sae. A person herein ermed as a bona fide Louisiana residen is an individual who qualifies as a residen in accordance wih he regulaions prescribed in his secion. An individual who is recognized under one of he mandaed crieria as a bona fide Louisiana residen by any oher of he sysem s insiuions shall so be recognized by every insiuion wihin he sysem; provided Souhern Universiy a Shrevepor Louisiana Universiy Caalog

6 he individual s caegory has no changed. A non-residen is herein defined as an individual who canno provide proof of eligibiliy for assignmen of residen saus under he regulaions prescribed in his secion. CRITERIA FOR ASSIGNING RESIDENT STATUS Sysem insiuions shall classify as residens persons, who in accordance wih he one-year domiciliary requiremen, resided in Louisiana for purposes oher han o aend a Louisiana insiuion of higher educaion. Residen saus so acquired in one public insiuion of higher educaion shall be ransferable o any oher such insiuion. Sysem insiuions shall afford residen saus o individuals in he following caegories, and ransfer o any oher insiuion wihin he sysem shall no aler residen saus so acquired: Members of he armed forces who are currenly saioned in Louisiana on acive duy Dependens who reside wih a bona fide Louisiana residen Spouses who reside wih a bona fide Louisiana residen Sysem insiuions shall permi he following caegories of individuals residing ou-of-sae o reain residen saus, and ransfer o any insiuion wihin he sysem shall no aler saus. Sons or daughers whose legal and/or naural paren is a graduae Dependens or spouses who live wih persons residing in Louisiana and who provide appropriae documenary evidence subsaniaing ha hey have abandoned all prior domiciles and inend o remain in Louisiana Persons who have no and are no regisered for more han he equivalen of six credi hours per semeser and who have resided in Louisiana in accordance wih he one-year domiciliary requiremen RESIDENCE APPEALS COMMITTEE The Chancellor appoins a Residence Regulaions Appeals Commiee. Any suden classified as a non-residen may appeal he classificaion o his commiee. Souhern Universiy a Shrevepor Louisiana Universiy Caalog

7 STUDENT FEES AND EXPENSES FEE TYPE Audi 1 Hour or more (Full Time Sudens ) Tuiion $ Academic Enhancemen Academic Excellenc e Ahleic Breakage 1.00 Building Usage Class Energy Inramural Lyceum Specia l Evens Suden Aciviie s Suden Governmen Suden I.D Suden Life Improvemen Suden Life Insurance Suden Loan 1.00 Publicaion Suden Union Technology TOTAL Lae Fee 1 s Day of Class Minimum 60% Down wih Deferred Paymen Plan BALANCE DUE AT MID TERM NOTE: Ou of Sae Fees: $ NOTE: If Clinical Fee added 60% Down Calculaed wih Fee Added o Tuiion NOTE: Lae Fee no eligible for deferred calculaion NOTE: Fees are subjec o change Souhern Universiy a Shrevepor Louisiana Universiy Caalog

8 UNIVERSITY HOUSING AND MEAL PLANS 2 Bedroom 1 Bah Uni $3, Bedroom 2 Bah Uni $3, Securiy Deposi $ (Refundable) Applicaion Fee $35.00 (Non-Refundable) Reservaion Fee $ (Non Refundable) Meal Plan A $1, Meal Plan B $1, Meal Plan C $1, APPLICATION FEES There is a non-refundable $20.00 fee for new admission applicaions. There is a non-refundable $15.00 applicaion fee for inernaional sudens. Louisiana Residen Sudens - A general regisraion fee of $1, per regular semeser and $ for he summer session is charged o all full-ime Louisiana residen sudens. Ou-of-Sae Residens - An ou-of-sae residen fee of $ per regular semeser and $ for he summer session in addiion o he general regisraion fee will be charged for all non-residen sudens. Add/Drop Courses - There is a $2.00 fee for each add or drop course ransacion. Transcrip Reques - A fee of $3.00 will be charged for each ranscrip requesed from he universiy. Fee paymen mus be in he form of cash, cashier s check, Money Order, VISA, MaserCard or Discover. Technology Fee - A sae-mandaed echnology fee is included in he fee schedule. The purpose of his fee is o mee he growing echnological needs of he sudens. The amoun of he fee is based on he number of credi hours pursued. However, here is a five ($5.00) per credi charge minimum of $5.00, maximum of $ Lae Regisraion Fee - A lae regisraion fee of $25.00 is imposed on sudens on or afer he dae classes begin in any semeser. GRADUATION FEE A graduaion fee of $90.00 is required of all sudens who are graduaing. This fee includes he cos of he degree/cerificae. The graduaion fee is NON-REFUNDABLE. REFUND POLICY The general fee, which includes suden assessed fees and non-residen fees, is refundable on he following basis for sudens who regiser, pay fees, and resign from he universiy: Fall and spring semesers - Before he foureenh (14 h ) day of class, 100% refund will be given. Afer he foureenh (14 h ) class (fall and spring semesers) o he end of he semeser, no refund will be made. Summer Term - Before he sevenh day (7 h ) day of class, 100% refund will be given. Afer he sevenh (7 h ) day of class o he end of he erm, no refund will be made. Souhern Universiy a Shrevepor Louisiana Universiy Caalog

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