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STUDENT FINANCIAL ASSISTANCE
FINANCIAL AID PROGRAMS The Financial Aid offices at are open to students during business hours. Students are strongly encouraged to schedule an appointment with this office if they have any questions regarding financial aid. The financial aid office assists students in determining individual student eligibility for the different programs available to them. This office will assist in all paperwork necessary to apply for the various programs offered to students. To receive financial assistance, students must maintain satisfactory academic progress toward completion of their enrolled program (please see satisfactory academic progress in this catalog for additional information). The student must return all required paperwork to the financial aid office in order to be eligible for funding. If the financial aid office needs to meet with a student, it is the responsibility of the student to follow up and meet with the office. Every student who receives a Federal Stafford Loan is required to complete entrance and exit counseling. The college is eligible for VA benefits for the Bachelors of Science in Nursing Program, Practical Nursing Program, and the RN-BSN Program. Sumner College has the following financial aid programs available for those who qualify: Pell Grants, Supplemental Education Opportunity Grants (FSEOG), Stafford Loans (subsidized and unsubsidized), PLUS loans and VA Educational Benefits. Any veteran receiving GI Bill® benefits* while attending Sumner College is required to obtain transcripts from all previously attended schools and submit them to the college for review of prior credit. The Veteran and the Veterans Administration will be notified of any reduction of tuition.
Practical Nursing (PN) Program: Up to $3,000 (Apply after completing Term 3) Bachelor of Science in Nursing (BSN) Program: Up to $6,000 (Eligible to apply three times for up to $2,000 at the end of Term 3, Term 6, and Term 9)
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• RN to BSN Program: Up to $2,000 (Apply after completing Term 3) • Completion Requirement: Students must complete the entire program and graduate to be eligible for this scholarship. • Scholarship Disbursement: • Scholarships will be applied to the student’s final academic term of study upon completion of the final term. • If a credit balance remains after all graduation requirements have been met, the balance will be refunded to the graduate within 30 days following the completion of their final term. For any questions regarding the application or disbursement process please contact: scholarships@sumnercollege.edu Sumner College Private Loan Sumner College offers a private loan program for students that are denied approval from a lending institution that offers educational loans. Students are required to submit a letter from that institu- tion, reflecting the denial, to be eligible for application. The Sumner College Private Loan is serviced by Tuition Options. The Sumner College Private Loan is serviced by Tuitioni Options and Sumner College. The Sumner College loan is intended only to cover the balance of cost due to the school not covered by federal aid. Cost of living expenses will not be included in this loan. The maximum the school can cover in this loan is $15,000 for the Practical Nursing program, and $20,000 for the Bachelor of Science in Nursing program. Repayment will begin within one month of starting the program. Sumner College Private Loan Information • The loan must be repaid even if the program isn’t completed, the student is unable to obtain employment, or is otherwise dissatisfied with the education or other services received • Repayment of the loan includes accrued interest and fees • Students will be required to make payments while in school on the principle balance of the loan • Interest rate is 0% while attending Sumner College and the interest rate will be fixed at 6% once a student has graduated or is no longer attending Sumner College • Sumner College Loan payments must be current to progress in the program each term • Tuition Options and Sumner College must be notified in
Sumner College Academic Excellence Scholarship Scholarship Details
Sumner College is proud to recognize and reward students who deomonstrate exceptional academic achievement. The Academic Excellence Scholarship is designed to support and celebrate students who maintain a strong commitment to thier education throughout their program. Elegility Requirements To qualify for the Sumner College Academic Excellence Scholarship, students must meet the following criteria: • Academic Performance: Maintain a cumulative GPA (CGPA) of 3.4 or higher. • Scholarship Limits: If the student has previously received a scholarship from Sumner College, the maximum total scholarship eligibility is:
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*GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site at http://www.benefits.va.gov/gibill
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