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Financial aid for prerequisite courses is administered through the college where the classes are taken. The School of Nursing adheres to the belief that the primary responsibility for financing a post-secondary education rests with the student and their family. Financial assistance is only intended to serve as a supplement to the student and family resources. Financial planning is necessary to meet the expenses at the School of Nursing. An application for a Federal Direct Loan could be denied depending on the student's loan debt. To be eligible for financial aid, students must be making satisfactory academic progress as stated in the following policies:
- Student Matriculation
- Academic Evaluation
Students who apply for financial aid at the School of Nursing must complete the "Free Application for Federal Student Aid" (FAFSA). This form can be completed online at fafsa.ed.gov. The School of Nursing participates in the following Title IV Federal Financial Aid programs:
- Direct Loans
- Pell Grants
Financial Aid eligibility is contingent upon competion of each semester. When a student withdraws, federal regulations mandate that the amount of earned financial aid be evaluated and financial aid that has not been earned must be returned to the Department of Education. The financial aid that is returned to the Department of Education then becomes a debt for the student and is owed to the School of Nursing.
Financial Aid Code of Conduct
To prohibit a conflict of interest when administering financial aid, the employees of The School of Nursing will comply with the following:
- The School of Nursing does not participate in any revenue-sharing arrangements with any lender.
- The School of Nursing does not permit any employee of the school who is involved in the administration of financial aid to accept any gifts of greater than a nominal value from any lender, guarantor, or servicer.
- The School of Nursing does not permit any employee of the School to accept any fee, payment, or other financial benefit (including a stock purchase option) from a lender or affiliate of a lender as compensation for any type of consulting arrangement or contract to provide services to a lender or on behalf of a lender relating to education loans.
- The School of Nursing does not permit any employee to accept anything of value from a lender, guarantor, or group of lenders and/or guarantors in exchange for service on an advisory board, commission, or other group established by such a lender, guarantor, or group of lenders and/or guarantors. The School of Nursing does allow for the reasonable reimbursement of expenses associated with participation in such boards, commissions, or groups by lenders, guarantors, or groups of lenders and/or guarantors.
- The School of Nursing does not assign a lender to any first-time borrower through financial aid packaging or any other means.
- The School of Nursing recognizes that a borrower has the right to choose any lender from which to borrow to finance his/her education. The School of Nursing will not refuse to certify or otherwise deny or delay certification of a loan based on the borrower's selection of a lender and/or guarantor.
- The School of Nursing will not request or accept any offer of funds to be used for private education loans to students from any lender in exchange for providing the lender with a specified number or volume of Title IV loans, or a preferred lender arrangement for Title IV loans.
- The School of Nursing will not request or accept any assistance with call center or financial-aid staffing.