Financial Aid
Policies
Title
IV Return of Funds Policy
During
the first 60% of the period, a student earns Title IV funds in
direct proportion to the length of time he /she is enrolled. A
student who remains enrolled beyond the 60% point earns all aid
for the period. The percentage of aid earned is determined by:
- the
date the student officially withdraws from the University
- the
total number of calendar days comprising the period of enrollment
- the
calendar days the student completed during the period of enrollment
The
official withdrawal date of the student is determined by the date
indicated on the 'Withdraw from all Courses' form processed by
the Registrars Office. An unofficial withdraw is the mid-point
of the enrollment period unless the student can document a specific
date.
This
refund policy does not apply to students who withdraw from individual
classes, it applies to only those students who withdraw from the
University completely.
The
Financial Aid Office will review each student who totally withdraws
from the university to determine the lesser of: Unearned
amount of Title IV Assistance OR Institutional charges incurred
for the period of enrollment, multiplied by the unearned %.
Title
IV Funds will be returned in the order listed below:
- Unsubsidized
FFEL loans
- Subsidized
FFEL Loans
- FFEL
PLUS Loans
- Federal
Perkins Loan
- Federal
Pell Grant
- Federal
SEOG
- Other
Title IV funds
Satisfactory
Academic Progress Policy
The Lewis University Financial Aid Office is responsible for ensuring
that all students (both undergraduate and graduate) who are receiving
federal, state and institutional financial aid are meeting the
Satisfactory Academic Progress Policy. In order to continue to
receive financial aid, recipients must meet the standards outlined
below. At Lewis University an academic year is defmed as two semesters
of 15 or more weeks (fall and spring). The progress of each student
will be reviewed annually after the spring semester. Those students
who are placed on 'Probation' in the spring will be reviewed again
after the fall semester.
Grade
point average
Requirement:
Each financial aid recipient must be enrolled in an eligible certificate
or degree program and maintain the minimum grade point average
as outlined below:
|
Hours |
Minimum
GPA |
Undergraduate |
0-33
hours |
1.75
cum GPA |
|
34-50
hours |
1.90
cum GPA |
|
51
+ |
2.00
cum GPA |
Graduate |
Any
hours |
2.00
cum GPA |
Maximum
Time Frame
A student is expected to complete a Bachelors Degree after attempting
192 credit hours. A student is expected to complete a graduate
degree after attempting 59 hours. A student in the aviation certificate
program is expected to complete a degree after attempting 98 hours.
(This policy will consider all enrollments at Lewis University
whether or not financial aid was received.) NOTE: If a student
reaches the attempted credit hours maximum they will be placed
on permanent '
financial aid suspension'.
Rate
of Completion Requirement
Students
must progress towards their educational goals at a minimum rate.
The minimum rates are outlined below and apply to both undergraduate
and graduate students.
Hours
Attempted by Student |
Hours
Earned by Student |
| 12
+ hours |
11
+ hours |
| 9
- 11 |
7
+ hours |
| 6
- 8 |
5
+ hours |
| 1
- 5 |
_
hours attempted |
Note:
Hours attempted are the total credit hours enrolled at the end
of the add/drop period.
Review
and Appeal Process
Each
student will be reviewed according to the criteria at the end
of spring semester every year. If a student does not meet all
three criteria they will be placed on 'financial aid probation'.
The student may continue to receive financial aid while on probation.
At the end of the following fall semester those students on probation
will be reviewed. If the student does not attain satisfactory
academic progress at that time the student will be placed on 'financial
aid suspension'.
No
additional financial aid will be awarded until the student regains
eligibility. The student will be allowed a written appeal. Included
in the appeal must be an educational plan that is outlined on
how they will meet expectations and explanation of mitigating
circumstances of what caused the student to not meet the Satisfactory
Academic requirements. The student will have a time period in
which to complete the appeal process. No appeals will be accepted
after the deadline date.
If
a student's appeal is approved the student will be allowed to
continue on probation for the next semester and will be reviewed
once again at the end of the probation period. Earned A,B,C,D
and P grades are considered hours earned. Incompletes, withdrawals
and N's are not considered hours earned. Audits, proficiency tests
and non-credit courses are not included in attempted hours.
Financial
Aid Consumer Information
SUMMARY
STATEMENT
|
Consumer
Disclosure
|
List
of Consumer Information |
Where
it can be obtained |
| Family
Education Rights and Privacy Act (FERPA) |
- Procedures
for inspecting and reviewing student's education records
- Procedures
for requesting amendment of student's education records
student/parent believes to be inaccurate, misleading,
or in violation of student's privacy rights
- Consent
to disclose personal identifiable information contained
in student's records
- Filing
a complaint with ED for alleged school or educational
agency failure to comply with FERPA requirements
- Criteria
used to determine what constitutes a school official and
a legitimate educational interest if school's or educational
agency's policy is to disclose personally identifiable
information from student's education record
|
Registrar's
Office,
Student Handbook |
| FFEL
Deferments for Performed Services |
- Service
in the Peace Corps *Service under the Domestic Volunteer
Service Act of 1973
- Volunteer
service for tax-exempt organization of demonstrated effectiveness
in the field of community service
|
Financial
Aid Office |
| Available
Financial Assistance |
- Description
of all available federal, state, local, private, and institutional
financial need-based and non-need-based assistance programs,
and for each program a description of- application form
and procedures student eligibility requirements selection
requirements criteria for determining the amount of a
student's award
- Rights
and responsibilities of students receiving Title IV and
other financial aid
|
Financial
Aid Office |
| Institutional
Information |
- Cost
of attending the school
- Any
applicable refund policy
- Requirements
for officially withdrawing from the school
- Summary
of requirements for the return of Title IV grant or loan
assistance by withdrawn students
- Entities
that accredit, license, or approve the school and its
programs and procedures for reviewing school's accreditation,
licensing, or approval documentation
- Description
of any special services and facilities for disabled students
- Title
and availability of employees responsible for dissemination
of institutional and financial assistance disclosure information
and how to contact them
- Statement
that enrollment in a study abroad program approved for
credit may be considered enrollment at the school for
the purpose of applying for Title IV assistance
|
Business
Office, Financial Aid Office, Registrar's Office, Course Schedule
Catalog Book |
| Completion/
Graduation Rates and Transfer Out Rates |
- Completion
or graduation rate of cohort of certificate or degree
seeking, full-time undergraduates who graduated or completed
their program within 150% of the normal time for graduation
|
Institutional
Research |
| Campus
Security Report |
Statistics
for 3 most recent calendar years concerning the occurrence
on campus, in or on noncampus building or property, and
public property of following offenses reported to campus
security authority or local police:
- murder
and non-negligent manslaughter
- negligent
manslaughter
- sex
offenses (forcible and nonforcible)
-
robbery
- aggravated
assault
- burglary
- motor
vehicle theft
- arson
Statistics
in preceding bullet also reported by category of prejudice
*Statistics for 3 most recent calendar years for any other
crime involving bodily injury
Statistics
for 3 most recent calendar years concerning the occurrence
on campus, in or on noncampus buildings or property, and
on public property of following offenses reported to campus
security or local police:
- arrests
for liquor law violations, drug law violations, and
illegal weapons possession or
- persons
referred for campus disciplinary action for liquor law
violations, drug law violations, and illegal weapons
possession
Policies
regarding procedures to report crimes committed on campus
criminal actions or other emergencies and the institution's
response
Policies
concerning the security of and access to campus facilities
Policies
concerning campus law enforcement
|
Student
Affairs, Campus Security |
| Athletic
Program |
Number
of male and female full-time undergraduate Participation
Rates and Varsity
teams that compete in, intercollegiate athletic competitions
Financial
Support Data including:
- number
of participants
- number
participating on more than one team and the number of
teams on which participated
- total
operating expenses attributable for each team
- gender
of head coach and whether assigned to team on Ml or
part time basis
- number
and gender of assistant coaches and by sex, number full
and part time
Unduplicated
number of students, by gender, who participated on at
least 1 varsity team as of the date of the first scheduled
contest
Institutional
revenues derived and attributable to intercollegiate athletics
Incurred
expenses attributable to intercollegiate athletics
Total
spent on athletically-related student aid awarded to men
and women
Aggregate
total recruiting expenses for men's and women's teams
Average
annual institutional salary of volunteer and non-volunteer
coaches across all sports
|
Student
Affairs, Athletic Office |
| Completion
Graduation Rates and Transfer Out Rates for Student Athletes |
- Number
of students, by race and gender, who attended the school
during the prior year *Number of students, by race and
gender within each sport, who attended the prior year
and received athletically related student aid
-
Completion or graduation rate, by race and gender of certificate
or degree seeking, full time undergraduates who completed
their program within 150% of the normal time
- Completion
or graduation rate within each sport
- Average
completion or graduation rate, by race and gender, for
the four most recent graduating classes of certificate
or degree seeking undergraduates
- Average
completion or graduation rate, by race and gender within
each sport, for the four most recent graduating classes
of certificate or degree seeking undergraduates
|
Student
Affairs, Athletic Office |
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