being a nominal service fee of $2.00 per $100 borrowed. In general, these are re ser-ved 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 generally not available for non-educational expenses, such as purchase of cars , marriage ex penses, etc Student Aid Grants As funds are available, Student Aid Grants are made to needy students from the Student Aid Fund. Thi s fund is main tained by gifts from friends of the universi ty Students are not required to repay the university, but it is hoped t hat recipients will contribute to the fund when they have completed school in order to provide for
Application for Aid Students may apply for fir.iancial aid by filing a Student Aid Application for Califor nia (SAAC) or (non-California residents) a Financial Aid Form (FAF). In both cases, "Biola University - CSS Code 40 I 7" should be included in the appropriate sec tions. A graduate supplement 1s required of all graduate applicants. All undergraduate California residents are expected to apply for one of the Cal Grant programs, using the SAAC First time applicants will also need to file the ap propriate Cal Grant Supplement(s). Re newal supplements will automatically be mailed to those eligible for renewal. Pell Grants may be applied for by com pleting the appropriate section of the SAAC or FAF. Departmental applications for scholarships (for- music, athletics and forensics) are available from departments only For example, write to the chairman, music department, Biola University Note: New financial aid applications need to be filed for each academic year. When to File? The following deadlines have been es tablished for the varioµs aid programs Cal Grant Programs - New Applicants: February 9. Renewals Late March. University Aid - All Applicants March I* *Apnl I rs the univer-sity financial aid ap plication deadline. However, the SAAC or FAF will need to be filed by March I to al low for adequate processing time. Late ap plications will be processed as time and funds permit Financial Aid Disbursements All financial aid is awarded for the aca demic year; one half is applied to a stu dent's school account each semester (un less stated otherwise). Students enroll ed for only one semester are entitled to only that semester's award.
Music Awards, ranging from $300 to $1,400 are made by the music department to music majors with high-performance and scholastic capabilities. The scholarship must be used for the area in which the ap plicant auditioned. Recipients may also be required to participate in an ensemble ac tivity Two specially designated scholarships are open to organ and composition maJors on an annual competition basis. These prestigious awards, equal to the highest scholarship granted, are The Rayner Brown Scholarship for Composition, and The Timothy Howard Scholarship for Or gan. Athletic Scholarships are offered to stu dents who demonstrate outstanding ability and achievement in a particular sport Forensics Scholarships are offered to participants on the school's competitive speech team. Students awarded th is schol arship are not necessarily communication maJors. Biological Science pre-med scholarships up to $500 per semester are avai lable to upper division biological science majors. The scholarship is based on need and pre med potential. Application forms available from the pre-med advisory committee, department of biological science. In addition to those offered by the school, other scholarships are provided through the generosity of donors. Questions concerning these awards should be referred to the director of stu dent financial services. Graduate Financial Aid Before applying, applicants should make realistic assessment of their resources for financing graduate study in view of the graduate tuition and fee schedule and the cost of living in Southern California. The university cannot provide guarantee of fi nancial assistance for first year students. The following federal aid programs are available to graduate students. Please refer to the appropriate section above for addi tional information.
National Direct Student Loan Guaranteed Student Loan College Work Study In addition, the followi ng aid programs are available specifically for graduate study California State Graduate Fellowship - Available to state residents only; re quires a financial statement, eligibility appli cation and GRE or other appropriate test scores. RGSPP Assistantships - Available to selected second year students and above; eligibility requirements and use of funds is established through Rosemead faculty committees. Minority Fellowships - Avai lable to qualified Rosemead students on the basis of need. Requires a Financial Statement (FAF) and Graduate Aid Application. Graduate Grants - Available in limited amounts to student s who demonstrate a financial need; requires an FAF and Gradu ate Aid Application. Preference is given to students who have completed one or more years of graduate study General Financial Aid Information The followi ng apply to both undergrad uate and graduate aid applicants. Entitlement Aid Biola University is authorized as an insti tution to grant benefits to veterans and dependents of veterans, social securit y benefits and assistance from the California Rehabilitation Program. Students interest ed in this type of aid should contact the office of admissions and records. If an applicant is a non-Califo rn ia resi dent but a res ident of the Un ited States, he/she may obtain a loan through hi$i'her state's Higher Education Loan Program, by contacting a participating bank in hi$i'her home area. If hi$i'her state participates in the GSL program, he/she may contact a bank in hi$i'her community Short Term Loans Biola University has certain revolving funds which are used for short-term stu dent loans. A student may borrow up to $500 per year (for emergency purposes); the loan is interest free, the only charge
others who are in need. International Students
International applicants 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 responsibility 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 to defray expenses. Whrle this office does not guarantee employ ment, it does make an effort to place ev ery student desiring work. Jobs are available both on and off campus, according to students' ability, ca pacity to handle the added burden of em ployment and financial need. Normally, a student can expect to earn $1 , I 00 to $1,600 per year part-time (based on $335 per hour- minimum wage). The student who finds it necessary to work for the entire amount of his living ex pen·,es should plan to extend the time re quired for his course of study and to re duce hrs academic load.
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