Graduate Financial Aid Before applying, applicants should make realistic assessment of their resources for financing graduate study in view of the gradu- ate tuition and fee schedule and the cost of living in Southern California. The following federal aid programs are available to graduate stu- dents. Please refer to the appropriate section above for additional information.
If an applicant chooses a lender that is not listed on the lender list, he should contact that lender for an application.
International Students International applicants who hold an F-1 visa must establish the degree of their ability to meet the costs of an education at Biola University. Each international applicant must submit a signed statement of financial responsibility as well as signed statements from any agencies or individuals who have taken the responsibil- ity of underwriting the student’s expenses. These statements must include the exact amount of the commitment. Student Employment The University maintains an employment office for the benefit of students needing part-time work. While this office does not guar- antee 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 employment and financial need. Student worker positions range from 10-20 hours per week. Application for Aid Students may apply for financial aid by filing a Free Application for Federal Student Aid (FAFSA). Biola University and the school code should be included on the appropriate sections. For FAFSA, Biola’s code number is 001122.
Federal Perkins Loan. Up to $1,000 per year. Limited
availability.
Federal Stafford Loans. Up to maximum $8,500 per year.
Federal Unsubsidized Stafford Loans. Up to $10,000.
In addition, the following aid programs are available specifi- cally for graduate study.
Church Matching Scholarship (Up to $500 from Biola) Biola will match one award per year up to $500 for a full-time stu- dent demonstrating need. The match is prorated for part-time and Doctor of Ministries students. Not available to School of Profes- sional Studies students. FAFSA required. ELI students are eligible for one award in their first full year. The Church’s check must be submitted in full within the first four weeks of the semester, and must be accompanied by the Church Matching Scholarship Application signed by the pastor or church official. Fall semester deadline is Oct. 1. Spring semester deadline (for spring entrants only) is March 1. Department Scholarships Determined by each school. For scholarship opportunities, con- tact the school of attendance. General Financial Aid Information The following apply to both undergraduate and graduate aid applicants. Entitlement Aid Biola University is authorized as an institution to grant benefits to veterans and dependents, social security benefits and assistance from the California Rehabilitation Program. Students interested in this type of aid should contact the Office of the Registrar. Student Loans Biola will notify all aid applicants of their eligibility to borrow through the Federal Family Educational Loan Program, including the Stafford Loan. Biola will inform every eligible applicant how to apply and provide a list of recommended lenders.
All undergraduate California residents are encouraged to apply for a Cal Grant, using the FAFSA and GPA Verification form.
Departmental applications for scholarships (music, athletics and forensics) are available from departments only. For example, write to the Chairman, Music Department, Biola University. In addition, a FAFSA will need to be filed unless a student can demonstrate disqualification for need-based aid.
Note: FAFSA and Stafford loan applications need to be re-filed for each academic year.
Deadl ines for F i ling The following deadlines have been established for the various aid programs:
Cal Grant Programs New Applicants................................................................. January 1–March 2
Institutional Aid All Applicants...................................................................................... March 2 March 2 is the deadline for Cal Grants and the full need-based aid and institutional aid. However, students are encouraged to apply and complete their financial aid file as soon as possible after
17
General Information
2007–2009 Catalog
Made with FlippingBook flipbook maker