completed school in order to provide for others who are in need. Loans Biola College has certain revolving funds which are used for short-term student loans. A student may borrow up to $500 per year (for emergency purposes); the loan is interest-free, the only charge being a nominal service fee of $2 per $100 borrowed. In general, these are reserved for students whose needs are of a short duration as the entire amount must be repaid before each fall semester begins unless a renewal for one year has been granted. These loans are not available for non-educational expenses, such as purchase of cars, marriage expenses, etc. For those who need assistance over a longer period of time, funds are available through the National Direct Student Loan Program. These funds are available to entering freshmen and transfer students as well as to those already enrolled. A student may borrow up to $2500 per year. However, he may not borrow more than a total of $2500 before the end of his first two years of study, or more than a total of $5000 before the end of his fourth undergraduate year. Repayment of NDSL begins one year after graduation or withdrawal from College. If the total amount is paid within nine months of graduation, no interest will be accrued. Payments may be extended over a ten-year period at three percent interest on the unpaid balance. Members of the armed forces on active combat duty and students who transfer to other schools to complete undergraduate or graduate work, may defer payment and interest and extend the repayment period. Federally Insured Student Loans (FISL) are available through local banks, credit unions, and savings and loan associations, for citizens and nationals of the United States, or those in the country for other than a temporary purpose. It is the lender' s option to make or deny the loan. Banks usually require either the student or his parents to have had an account for at least six months and that a FAF be filed with Biola College. The maximum amount of this type of loan is $2500 per year, with an aggregate limit of $7500 for undergraduates. Applications for FISL may be obtained from the Office of Student Financial Services. The student may defer payment until the tenth month after graduation. Interest is charged at a rate of seven percent per year, and the student has up to ten years to repay the loan. Nursing Loans (up to $1500 per year) are available to declared nursing majors. Interest rates and repayment are the
employment, and financial need. Normally, a student can expect to earn $600 to $1200 per year part-time. The student who finds it necessary to work for the entire amount of his living expenses should plan to extend the time required for his course of study and to reduce his academic load. Other Types of Aid Biola College is authorized as an institution to grant benefits to veterans and dependents of veterans, social security benefits, and assistance from the California Rehabilitation Program. Students interested in this type of aid should contact the admissions office. If an applicant is a non-California resident but a resident of the United States, he may obtain a loan through his state's Higher Education Loan Program, by contacting a participating bank in his home area. If his state participates in the FISL program, he may contact the bank in his community. Student Services GUIDANCE In the Department of Student Services, all functions are related to assisting the student develop to his fullest potential. It is recognized that education does not take place exclusively in the classroom; therefore , Biola attempts to aid the student by providing necessary services in areas other than academic. All matters relating to housing, health services, financial aid, career planning, graduate placement, discipline, advisement to student organizations and student publications, campus activities, new student orientation, counseling and testing, and research relating to students at Biola are the responsibility of the Dean of Student Affairs. The objectives of the counseling program have been interrelated with the disciplinary system of the school. A minimum number of rules is combined with instruction in Christian principles of conduct for the purpose of encouraging students toward mature self-guidance. The Counseling Center provides free counseling service for all Biola students. This includes personal counseling, group counseling, pre-marital, and study skills counseling. Psychological and vocational testing are avilable. Tutoring service is also offered through the Counseling Center for a modest fee. The college offers assistance in career planning and placement through the Counseling Center. The student is counseled and offered a wide variety of tests to assist him in dealing with problems in the educational and vocational areas and in personal and social problems related to these areas and to give guidance in career planning. Placement services include information relating to available jobs and opportunities to make contacts with potential employers in industry, government, Christian organizations, and the professions. RESIDENCE REQUIREMENTS All unmarried freshmen , sophomores, and juniors under 21 years of age not living with their parents are expected to live in the residence halls if they are enrolled for ten (10) units or more. Seniors and postgraduate students may live in the residences on a space available basis. Requests for exceptions are to be directed to the Director for Men' s Housing or to the Director for Women 's Housing. This policy is subject to periodic review in light of current student need and college housing policy.
same as for NDSL. Employment
Limited work study employment on campus is available to students who can demonstrate financial need. Under this program federa l funds pay 80% of a student's wages, while the College pays the remaining 20%. Wages paid to students in the work study program vary according to the student's qualifications and duties performed. A student may work up to forty hours per week under work study (limited to 20 hours a week when school is in session). The College maintains an employment office for the benefit of students needing part-time work to defray expenses. While this office does not guarantee employment, it does make an effort to place every student desiring work. Jobs are available, both on and off-campus, according to student's ability, capacity to handle the added burden of
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