Chapter 13

FINANCIAL AID, HOPE PROGRAMS, SCHOLARSHIPS

AND THE HONORS PROGRAM

 

 

 

      FINANCIAL AID

 

 

     HOPE PROGRAMS

 

 

     SCHOLARSHIPS

 

 

     THE HONORS PROGRAM

 


FINANCIAL AID

Student Center Building - Enrollment Services

GENERAL INFORMATION

 

      The purpose of financial aid at Clayton State University is to provide assistance to students who otherwise could not afford to attend college.  Clayton State has established the guideline that the primary responsibility for financing a college education lies with students and their families.  Thus the needs of an individual student for financial assistance are determined by the difference between what the student and the family can be expected to contribute and the actual cost of attending Clayton State University.  The Office of Financial Aid is part of the Office of Enrollment Services.  A student’s family contribution will be determined by completing the Free Application for Federal Student Aid (FAFSA).  FAFSA forms are available from most secondary school counselors and from the Office of Financial Aid at Clayton State University (STC-217).  Students may also apply via the official Clayton State University website (www.clayton.edu).   Carefully follow all directions.  This website also contains useful information about all financial aid programs, eligibility requirements, and a calendar of events.

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      Detailed standards for academic progress and financial aid eligibility are available in the Office of Financial Aid. All students receiving financial aid should be aware that these standards for retaining aid are in addition to the academic standards expected for continued enrollment.

      Current regulations and procedures for Financial Aid programs established by the Federal and State governments or other outside agencies supercede any provisions of this chapter.

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FEE PAYMENT FOR STUDENTS WITH FINANCIAL AID

      Students receiving financial aid must closely follow procedures as indicated by the Office of Financial Aid and the Bursar’s Office in order to make sure that their financial aid is credited to their accounts at class registration time each semester.  Payment procedures are explained in the published Schedule of Classes and in printed materials provided by the Office of Financial Aid.  A student who neglects to follow proper payment procedures may find that the courses that he or she registered for have been dropped for non-payment.

 

FEDERAL GRANT  PROGRAMS

 

Federal Pell Grants

      The Federal Pell Grant Program is designed to provide financial assistance to those who need it to attend post-secondary educational institutions.  Federal Pell Grants are intended to be the “floor” of a financial aid package and may be combined with other forms of aid in order to meet the full costs of education.  The amount of a Pell Grant is determined on the basis of an applicant’s and his or her family’s financial resources.  Every student is encouraged to apply for the Pell Grant.

      To apply for a Pell Grant, a student must complete a Free Application for Federal Student Aid (FAFSA). 

 

Federal  Supplemental  Educational  Opportunity  Grant

      The Federal Supplemental Educational Opportunity Grant (FSEOG) is a grant that is available to students who demonstrate financial need.  To apply for the FSEOG, a student must complete the Free Application for Federal Student Aid and request that the information be sent to Clayton State University. Federal Pell Grant recipients will be given priority for the FSEOG.

 

FEDERAL WORK-STUDY PROGRAM

 

      The work-study program is a federal financial aid program that provides part-time jobs to students with financial need.  Work-study positions are available in most on-campus offices.  There are also mentor positions in local elementary schools.

      Since funds are earned, no repayment is necessary.  To determine eligibility, students must complete the Free Application for Federal Student Aid (FAFSA) for the appropriate academic year.  Additional information is available at http://adminservices.clayton.edu/financialaid.

 

LOAN PROGRAMS

 

Federal Stafford Loan Program

      Students who meet certain income criteria may borrow Stafford Loans from banks and other lending institutions that participate in the Stafford Loan program.

      Before a student’s eligibility can be determined for a Stafford Loan, the student must complete the Free Application for Federal Student Aid (FAFSA).  The student must request that information from the FAFSA be sent to Clayton State University.  The amounts that an undergraduate student may borrow vary according to dependency status and year in college.  If a student indicates that he or she is interested in borrowing, the Financial Aid Office will determine maximum eligibility.

      Stafford Loans made to students by lending institutions are guaranteed by the Georgia Higher Education Assistance Corporation (GHEAC).  If a student has borrowed from the Stafford Loan Program prior to October 1, 1992, the interest rate on a Stafford Loan is 8% the first four years of repayment.  If the student still owes any money on the Stafford Loan after four years, the interest rate increases to 10%.  If a student bor­rowed from the Stafford Loan Program for the first time after October 1, 1992, the interest rate is variable.  The current interest rate for new borrowers may be obtained from the Office of Financial Aid at Clayton State University.  All interest on a Stafford Loan is paid by the United States federal government while the student is continuously enrolled in school on at least a half-time basis.

      Loans may be repaid in monthly installments six months after graduation or withdrawal from school.  Students who are awarded a Stafford Loan must complete a Loan Acceptance Form.

      Loan checks will be held for thirty days after classes begin for first-time, first-year borrowers.  These students must see their financial aid counselors to arrange to have fees deferred until their student loan checks are released.

 

Federal Unsubsidized Stafford Loan Program

      The Federal Unsubsidized Stafford Loan Program is a program for students who do not qualify, in whole or part, for the subsidized Stafford Loan Program.  The only difference between the Stafford Loan and the Unsubsidized Stafford Loan is that the federal government does not pay the interest on the loan while the student is enrolled in school, during the six-month grace period, and during periods of deferment or repayment.  There are two ways for a student to pay the interest while enrolled in school, during the six-month grace period, and during a period of authorized deferment:

1.   The student may make monthly or quarterly payments to the lender, or

2.    the student and the lender may agree to add interest to the principal of the loan, but not more often than quarterly.  All other aspects of the Stafford Loan Programs apply to the Unsubsidized Stafford Loan Program.

 

      Loan checks will be held for thirty days after classes begin for first-time, first-year borrowers.  These students must see their financial aid counselors to arrange to have fees deferred until their student loan checks are released.

 

Federal PLUS Loans

      The PLUS Loan Program provides educational loans to parents on behalf of the dependent undergraduate son or daughter.  PLUS loans are available at the discretion of lending institutions to eligible borrowers and are guaranteed by the Georgia Higher Education Assistance Corporation for residents of Georgia or other guaranteeing agencies for non-residents.

      The maximum amount that a parent may borrow for the PLUS Loan Program will vary and will be determined by the Office of Financial Aid.

      PLUS Loans are available at a variable interest rate not to exceed ten percent (10%), and borrowers must begin repayment 30 days after the loan is disbursed.  PLUS Loan checks will be sent to the University.

 

PROMISE Teacher Scholarship Program

      The PROMISE Teacher Scholarship Program is funded by the Georgia Lottery for Education and is a component of the HOPE Scholarship Program. The PROMISE Teacher Scholarship provides forgivable loans up to $3,000 per academic year for direct and indirect educational expenses for a maximum of two years.

      A student is eligible to enter the PROMISE program only during his or her junior year. The student must have at least 60 and no more than 90 semester credit hours. Also the student must have a minimum cumulative grade point average of 3.60 based on the 4.00 grade point scale. In addition, the student must be a declared education major and be accepted into a teacher education program leading to an initial teacher certification.   Students must commit to teach as an employee of the Georgia public school system within 12 months of graduation.

      Applications for the PROMISE Teacher Education Program are available at the Teacher Education Office at Clayton State University.

Emergency Loans

      A student may apply for an emergency loan to cover all or part of the cost of in-state tuition and fees in the event that the financial aid award is delayed through no fault of the student.  To apply for an emergency loan, a student must be in good academic standing with the University and must not have had returned checks or previous financial problems with the University.  A copy of the guidelines and an application may be obtained from Enrollment Services in Room 217 of the Student Center.

 

Veterans Services

      The Veterans Affairs Office assists eligible veterans in utilizing their educational benefits to the fullest advantage.  Federal, state, and institutional policies and procedures concerning standards of progress (i.e., attendance, length of program, and specific classes pursued) are currently in effect for all students receiving veteran benefits.  Veterans enrolled or planning to enroll at Clayton State University should contact the Veterans Affairs counselor in the Office of Financial Aid to obtain information and apply for benefits.

 

PROCEDURES  FOR  APPLYING  FOR  FINANCIAL  AID 

 

A.   Required Documents

      1.     Complete the Clayton State University General Financial Aid Application and return it to the Office of Financial Aid.

      2.     Complete the Free Application for Federal Student Aid (FAFSA), and send it in the preaddressed envelope to the processor. You must list Clayton State University as one of the colleges you plan to attend. Clayton State's school code is 008976.  You may also apply via the Web at www.clayton.edu.  Select the appropriate academic year.  Carefully follow all directions.

      3.     You must be accepted for admission to Clayton State University before a financial aid award can be made.  Students who attended Clayton State previously but have not attended continuously need to apply for re-admission.

      4.     Other documents, such as federal tax returns for students and parents, birth certificates, and military discharges, may be required of some students.

B.  Awarding Procedures

      1.     The student submits all required documents to the Office of Financial Aid.

      2.     Once the file is complete, the Office of Financial Aid will review it for accuracy and completeness  (usually within three working weeks of the date the file became complete).  A complete file is one that includes the following:

a.     a Clayton State University General Financial Aid Application,

b.     admission to Clayton State University,

c.     other documents requested by the Office of Financial Aid (tax returns, birth certificates, etc.).

3.     Students who must submit additional information or who must make correc­tions will be sent a letter explaining what they need to do to make their files complete again.

4.     Students whose files are accurate and complete will be sent an award letter explaining the types and amounts of aid they are eligible to receive as well as directions concerning how the aid will be disbursed to the student.  Enrolled students may receive an e-mail in lieu of a letter giving them instructions on how to access their award information.

5.     Students who are eligible for one of the loan programs must complete a Loan Acceptance Form after they have been awarded.

C.  Applicants for Federal and State need-based Financial Aid programs at Clayton State University must meet the following criteria:

1.       Be a U.S. citizen or eligible non-citizen.

2.     Be enrolled in a degree or certificate program.

3.     Must be making satisfactory academic progress in their course of study.   Students who are making satisfactory academic progress shall be classified as eligible recipients of financial aid except as follows:

a.   Students who have been suspended because of cumulative or semester grade point averages. Eligibility for financial aid shall be restored only after such students have returned to college for at least one semester, completed at least six semester hours, and regained good academic standing.

b.   A student will not be eligible for financial aid if, after enrolling in 24 or more semester credit hours, he or she has not successfully completed 66% of those hours with passing grades. (The symbols F, W, WF, U, and I are not passing grades.)  Students who repeat courses or change their major will be required to complete the same percentage requirements of attempted hours.

c.   A student will not be eligible for financial aid for courses that are not required for the student’s major.

d.   A student will be eligible to receive aid for a maximum of 150% of the hours required to complete his or her major. The symbols F, W, WF, U, and I received for courses will be included as part of the semester hour maximum, but will not count as hours completed.

e    Students enrolled in the Learning Support Program or CPC deficiency courses will be allowed to receive financial aid until they  have attempted up to 30 semester hours of Learning Support and deficiency courses.

f.    When a student's financial aid eligibility has been suspended, the student may appeal this decision if specific circumstances have prevented the student from meeting the Standards of Academic Progress.  The appeals process will be as follows:

(1)   The student must complete a Financial Aid Appeal Form.

(2)   The Vice President of Student and Enrollment Services will review the first appeal and shall determine whether the financial aid suspension is justified. The student will be advised in writing of the decision.

(3)   Second and subsequent appeals will be reviewed by the Financial Aid Appeals Committee.  The student will be advised in writing of the decision.

4.     Must sign a statement indicating that the applicant is not in default on a Guaranteed Student Loan or Perkins Loan.

5.     Must have established financial need by filing a Free Application for Federal Student Aid for those programs requiring need to be shown.

6.     Be registered for the draft with the Selective Service if the applicant is a male who is at least 18 years old and born after December 31, 1959, and not a current member of the active armed forces.

 

D.  Disbursement:

Financial Aid is awarded for multiple semesters but is disbursed each semester after the student has registered for classes.  Students who are eligible for grants, scholarships, and loans will have these funds credited to their accounts each semester.

 

E.  Information regarding the refunding of student fees may be found in the Financial Information chapter of this catalog.

 

F.   The Cost of Attendance (financial aid budget) can be found on the official Clayton State University website.  Go to www.clayton.edu.

 

G.  The official procedures for making sure that financial aid is credited to the student account at the time of registration for classes are published in the Semester Schedule of Classes.

 

Important Notice Concerning Refunds for Students on Financial Aid

Beginning Fall Semester 2000, Clayton State University is required to implement the new United States Department of Education’s Return of Title IV Aid Policy for managing federal financial aid funds. 

The most important aspect of the new federal policy is that the date of withdrawal will determine how much of the original aid award the student actually “earned.”  If the student is found to have earned less aid than was actually received, the student will be required to repay the aid that was disbursed on their behalf.

      Please refer to the Financial Information chapter of this catalog, the semester Schedule of Classes, and your financial aid award letter for further details.

 

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HOPE PROGRAMS

HOPE Scholarships.  The HOPE Scholarship Program, funded by the Georgia Lottery, provides financial assistance to Georgia residents who have achieved academic excellence. HOPE will pay for tuition and HOPE-approved mandatory fees.  Students will also receive a stipend for books.

      Students at Clayton State University may qualify for the HOPE Scholarship in several ways.

      Freshmen entering Clayton State qualify for HOPE if they graduated from high school with a cumulative grade point average of 3.00 in a college preparatory curriculum or a 3.20 cumulative grade point average in a non‑college preparatory curriculum. Other students enrolled in a degree program will qualify for HOPE if, after attempting 30 credit hours, they have a cumulative grade point average of 3.00 or better.  Students enrolled in a degree program will also qualify for HOPE if, after attempting 90 credit hours, they have a cumulative grade point average of 3.00 or better.

 

HOPE Grant Program. Clayton State University offers a variety of one‑year certificate programs. Most students enrolled in these certificate programs qualify for HOPE Grants. There is not a grade point average required; however, the student must satisfy the Standards of Academic Progress policy at Clayton State University.

     

HOPE GED Program.  Georgia residents who earned a General Education Development (GED) high school equivalency certificate awarded by the Georgia Department of Technical and Adult Education after June 30, 1993, may receive a one‑time $500 HOPE award. This can be used toward tuition, books, and other education‑related  expenses. Students must use the HOPE GED award within 24 months of the date of the GED certificate. HOPE GED recipients may also qualify for assistance through other selected components in addition to the $500 award.

 

Applying for HOPE Programs.  Students must apply through the Clayton State University Office of Financial Aid for all HOPE Programs.  Visit the office on the upper level of the Student Center or go to www.clayton.edu.

 

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SCHOLARSHIPS

      Clayton State University offers outstanding students a wide variety of academic scholarships. These scholarships are funded by the Clayton State University Foundation, the Spivey Foundation, and other private sources. Most scholarships are awarded based on a student’s academic achievement, aptitude, and involvement in school and community activities. Some academic scholarships are available to students regardless of their major, and others are for students majoring in particular fields.  Students in the Clayton State University Honors Program are eligible for scholarships funded by the Clayton State University Foundation, Inc.  (See the heading below.)

 

PROCEDURES TO APPLY FOR SCHOLARSHIPS

 

      Clayton State University scholarship packets are available in late fall each year.  The priority application deadline is in April for the upcoming academic year.  Some scholarships, such as Spivey Music Scholarships and private scholarships, have different application deadlines and require a separate application.

      Some scholarships require demonstration of financial need as well as academic potential.  The Free Application for Federal Student Aid (FAFSA) must be completed when any merit-based scholarship is based on financial need. 

      Scholarship applicants who meet the qualifications to apply for the Clayton State University Honors Program are strongly encouraged to do so. See the next heading in this catalog.

      More information, including details about specific scholarships, is available at http://adminservices.clayton.edu/financialaid.

 

 

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THE HONORS PROGRAM

      The Honors Program at Clayton State University is designed to help academically talented students get “a step ahead.” Honors Program students enroll in special enriched sections of Core Curriculum courses such as Critical Thinking and American Government in an International Context.

      In addition to the special class sections, Honors Program students have many opportunities for leadership training, community service, and close contact with key business and government leaders in the Atlanta region.

      Students admitted to the program will be awarded an ongoing scholarship.  Honors Program students are also encouraged to apply for HOPE scholarships, which may be awarded in addition to the Honors Program Scholarship.

 

APPLICATION  PROCEDURES

      To be eligible to apply for the Honors Program, an entering student must complete the foundation Honors Program scholarship application and meet the following