activity fees are refundable only if withdrawal is on or before the final date of late registration. Music fees are for private music lessons and are refundable in the same manner as tuition, except no refund after the sixth week . FINANCIAL AID INFORMATION It is the desire of Biola University, within the limits of its resources, to provide financial assistance to needy students, espe cially those who, without such aid, would not be able to attend Biola University. The office of student financial services offers counseling and assistance in ascertaining the most appropriate forms of financial aid for each student. Biola University does not discriminate on the basis of sex, race, color or national and ethnic origin in administration of its scholarship and loan programs. UNDERGRADUATE FINANCIAL AID Federal Aid The Pe.II Grant (formerly Basic Educational Opportunity Grant), program is a federal program which is designed to assist students with financial need. The maximum grant for 1981-82 was $1,670. The Supplementary Educational Opportunity Grant (SEOG) program, supported by the federal government, is designed to help needy students. Work study employment on campus is available to students who can demonstrate financial need . Under this program federal funds pay 80% of a student's wages, while the university pays the remaining 20%. Wages paid to students in the work study pro gram vary according to the student's qualifications and duties performed. Under the National Direct Student Loan Program, a student may borrow up to $3000 in his first two years of study and $6000 by the end of his first undergraduate degree. Repayment of NDSL begins six months after graduation or with drawal from school. If the total amount is paid within six months of graduation, no interest will be accrued. Payments may be extended over a ten-year period at five 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. Guaranteed Student Loans (GSL) 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 may require a deposit relationship. The program allows students to borrow up to $2500/year as undergraduates, but some lenders may have lower limits. Applications for GSL may be obtained from the office of student financial services. The student may defer payment until the sixth month after graduation. Interest is charged at a rate of nine 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. The interest on these loans is six percent. Pay ment may be extended over a ten-year period. Nursing Scholarships are available to declared nursing majors only. The scholarship is based on need, rather than academic
achievement. Qualified nursing students may receive up to $1,500 per year. State Aid Cal Grant A's are made available to hundreds of California residents each year. Eligibility is based on G. P.A. and financial need. In addition, several students from low income families receive funds through the Cal Grant B Program. Students attending Biola are not eligible to receive funds through the Cal Grant C program. Institutional Aid Biota Scholarships include academic, honor and presidential awards. Academic: $200 to $1000. 3.3 G.P.A. required and SAT scores of at least 800 or equiva lent ACT scores; based upon academic achievement and finan cial need. Honor: One-half tuition annually 3. 75 G.P.A. required for entering freshmen and SAT scores of at least 1000 or equivalent ACT; 3.60 G.P.A. required for continuing Biola students based upon academic achievement. President's Award: Full Tuition Senior standing with intention to graduate at the end of the school year required, along with a minimum 3.60 G.P.A., attendance at Biola for at least two years, as well as personal qualifications . . 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 applicant auditioned. Recipients may also be re quired to participate in an ensemble activity. Two specially designated scholarships are open to organ and composition majors on an annual competition basis . These pres tigious awards, equal to the highest scholarship granted , are The Rayner Brown Scholarship for Composition, and The Timothy Howard Scholarship for Organ. Athletic Scholarships are offered to students 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 this schol arship are not necessarily communication majors . Art Scholarships are awarded to students who demonstrate signi ficant potential in the field of art. Biological Science Pre-Med scholarships up to $500 per semester are available 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, depart ment 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 student financial services . 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
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