Academic Catalog 2024-2025

Academic Catalog 2024 - 2025

Refund Appeal Process Any student (parent/financially responsible party) may appeal a refund decision by filing a written request with Accounting Services to cmorris@beaconcollege.edu . Appeals must include basis for appeal (i.e. extenuating circumstances). Appeals will be reviewed by the Appeal Committee. The Committee’s decisions in all matters will be final.

FINANCIAL AID The primary purpose of the Financial Aid Office at Beacon College is to provide financial assistance to academically qualified students to further their education. Although students and their parents are expected to make every effort to meet the cost of education, many students do qualify for some form of financial aid and are encouraged to apply for aid by submitting a Free Application for Federal Student Aid (FAFSA) at http://fafsa.ed.gov. For additional information, please call the Beacon College Financial Aid Office or visit the website at www.beaconcollege.edu for the most current information. What types of financial aid are available to qualified students? Beacon College participates in a variety of federal, state, and institutionally-funded aid programs. Assistance programs are classified as Grants, Scholarships, Loans, and Employment. Major Federal Financial Aid Programs Pell Grant: this need-based award amount varies and can be granted each year. The award amount is directly related to the student’s expected family contribution as determined by the FAFSA form and the student’s enrollment status (i.e., full-time, ¾-time, half-time, or less than half-time). Federal Supplemental Education Opportunity Grants (FSEOG): grants through this federal program are available to a limited number of students who demonstrate exceptional financial need. Priority is given to students with the greatest need. Federal Work-Study (FWS): a federally funded program providing students with part-time employment. Only students who are awarded FWS in their financial aid package are eligible for this program. FWS awards are made by the Financial Aid Office based on need and funds currently available. It is awarded through FAFSA, and so students interested in the program are encouraged to complete the form as early as possible, indicating that they wish to be considered for Work-Study. There are many factors involved in determining who is awarded Work-Study, so it is not guaranteed every year. Federal Direct Stafford Loan: amounts may vary each year. There are annual maximums dependent on need and the student’s level (i.e. freshman, sophomore, junior, senior). Interest does not accrue on subsidized Stafford loans while the student is in school or during the six-month grace/authorized deferment period. Students are responsible for all interest that accrues on the unsubsidized Stafford loan while in school and during the six-month grace period or authorized deferment period. Interest may be deferred. Federal Direct Parent Loans for Undergraduate Students (PLUS): the Federal Direct PLUS Loan can be borrowed by parents of dependent undergraduate students to help pay for their child’s education. The Federal PLUS Loan is not based on financial need. The amount borrowed each year is limited to the cost of attendance less other forms of assistance.

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