Policy

How to Apply for Financial Assistance

How to Apply for Financial Assistance
Policy

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Document Number: SFS--108 Revision #: 1.0
Document Owner: Executive VP Date Last Updated: 09/27/2013
Primary Author: Executive Director of Enrollment Services Status: Approved
Date Originally Created: 11/30/2011
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General Description
Description: Information about how to apply for student financial assistance.

Purpose: Delineation of policy.

Scope: Students

Responsibility: Enrollment Services
Student Financial Services
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Requirements
Relevant Knowledge: In order to comply with this policy you should know:
Current University policy
Federal statutes
Standard company policies
Standards of good practice
State statutes
Terms and Definitions: Additional training

Corrective Action

Loss of privilege, general
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Policy Provisions
1. How to Apply for Financial Assistance

1. Financial Assistance is awarded on a first-come, first-served basis. The priority deadline at Cumberland University is February 1. Students filing applications after that date will be considered on a funds-available basis. The student must apply and be accepted for admission to Cumberland University. All applicants must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA can be completed and submitted on the internet at www.FAFSA.gov. To complete the form, students should refer to their personal and/or parents' Federal income tax returns for the preceding year. Assistance in completing the forms is available through the Office of Student Financial Services.

2. Due to changes in Federal guidelines and individual financial status, students must reapply each year.




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Performance Evaluation
Performance Metrics: Compliance with standard policy and procedure
Compliance with federal mandate

Consequences: Further training
Loss of privileges
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Subject Experts
The following may be consulted for additional information.
Executive Director of Enrollment Services