1. Financial Aid Application Process:
- 1.1 Fill out and submit the Financial Aid Application form
- 1.2 Meet with a Financial Aid Counselor
- 1.3 Financial Aid Committee determines awards and amounts
- 1.4 Applicants are notified of awards and amounts
2. Applicant Selection Criteria and Award Determination
- 2.1 All students who fill out the Financial Aid Application form and apply for aid will be considered for eligibility to be awarded financial aid. Applicant selection will be determined based on the following criteria:
- 2.1.1 Students have been accepted to enroll in a program at Northrise University
- 2.1.2 Students have filled out the Intent to Register form and have paid the initial deposit determined by the University
3. Financial Aid Rules
3.1 Northrise University Financial Aid is awarded for a specific time period (class, academic term, or academic year as specified). The student must re-apply to receive Financial Aid for the next time period.
3.2 Receipt of Financial Aid by students during one period does not automatically mean that they will receive Financial Aid for the next period. The student must re-apply to receive Financial Aid for the next time period, and several factors will be considered when determining if the student will again receive Financial Aid. These factors include, but are not limited to:
3.2.1 The total amount of Financial Aid available to all students. Financial aid will only be awarded based on the availability of funds designated for the same.
3.2.2 The student’s Northrise University financial status (all outstanding balances must be paid) – All financial obligations to Northrise must be met at the beginning of each term. Failure to do so will result in the student not qualifying for financial aid for the next time period.
3.2.3 The student’s attendance record. Students who are absent from class for 30% of the attendance record without satisfactory reasons will not be considered for additional Financial Aid.
3.2.4 Students must maintain a cumulative grade point average (GPA) of 2.0 or above to continue to be considered for additional Financial Aid.
3.2.5 The student’s GPA for the prior Financial Aid time period. Only students with a total grade point average above or equal to 2.0 will qualify to reapply for financial aid. A GPA of 2.0. or better is good standing. A GPA of less than 2.0 for one term is probationary standing but is eligible for additional Financial Aid. A GPA of less than 2.0 for two consecutive terms is suspension standing and is no longer eligible for additional Financial Aid.
3.2.6 Student adherence to Northrise University rules and regulations. Students who have been found to be in violation of any rules and regulations of Northrise University as outlined in the Student Handbook may not be considered for additional Financial Aid.
3.2.7 Satisfactory participation in the Northrise University Work Study program is required.
3.2.8 Unused Financial aid does not apply to another period. Unused financial aid is due to factors such as:
(a) Failing a prerequisite
(b) Withdrawing from the program (due to ill health, pregnancy, etc.)
3.2.9 Communication with sponsor as assigned is required.
3.3 Financial Aid that has been awarded may be withdrawn by the Financial Aid Committee. In the event that awarded Financial Aid is withdrawn, as of the notification date, Financial Aid cannot be applied to outstanding or future student fees. Reasons for withdrawing Financial Aid include:
- 3.3.1 Violation of Northrise University rules and regulations
- 3.3.2 A student misses thirty percent (30%) attendance of total classes
- 3.3.3 Failure to participate satisfactorily in the Work Study program
Other FA Guidelines
3.4 Northrise University Financial Aid can only be used to pay for the Northrise University cost of tuition, lab fees, books, or meals as specified by the particular FA award. This financial aid cannot be used to pay for non-Northrise University costs or items specifically denied by the particular financial aid award.
3.5 When Northrise University Financial Aid is awarded to a student, no money exchanges hands. Rather, the amount awarded will be appropriately applied to Northrise University fees until the award amount is fully depleted. The balance of any fees not covered by Northrise University Financial Aid (if any) must be paid by the student.
3.6 Northrise University Financial Aid awarded to one student is not transferable to another student. The awarded Financial Aid must only be used to pay for costs of the particular student specified by the award.
3.7 Students who are awarded and accept Northrise University Financial Aid must agree to participate in a Work Study program. This program will require the student to work in assigned positions on the Northrise University campus for no more than 20 hours per week.
3.8 Financial Aid is not available to international students.
3.9 Unused financial aid will be forfeited and not rolled over into future time periods.
3.10 When a student withdraws from a course, Financial Aid is not applicable.
4. Work Study Program
Student participation in the Work Study program will be based on the percentage of the financial aid that is awarded to the student. A number of hours that a student must work per week will be determined by the Financial Aid Committee. Note that work hours per week are subject to change at any time according to Northrise University’s discretion.
Under the Work Study program, students will be required to perform various chores around the university property. Chores will include, but not be limited to, cleaning the inside and outside of the university campus, kitchen and library duties.