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Financial Aid
68 2002-2003 California State University, Fresno General Catalog
Federal Supplemental Educational
Opportunity Grant (FSEOG). FSEOG
is a grant program and, thus, does not
require repayment. Awards are restricted
to those undergraduates who demon-strate
the greatest need and who are also
Federal Pell Grant recipients. Funding
for the program is limited to the
allocation received from the federal
government.
Federal Work-Study (FWS). FWS is a
federally funded employment program.
Awards are based on financial need. Both
undergraduate and postbaccalaureate
students are eligible to participate.
Students receiving FWS awards are
placed in jobs on-campus and with
selected off-campus agencies, including
community service programs such as
America READS.
Nursing Student Loans. Under this
program, a student who can show that a
loan is needed to enter or continue in the
nursing program may borrow up to
$2,500 an academic year for the first two
years; $4,000 for the final two academic
years, up to a $13,000 maximum. No
interest is charged while the borrower
pursues at least a half-time course of
study, or for a period of nine months
after leaving school. Interest then starts
at 5 percent simple interest and the loan
is repaid at not less than $15 per month.
Interest and payments are deferred for a
period of time while the borrower is a
member of the uniformed service or is a
volunteer under the Peace Corps Act.
Bureau of Indian Affairs (BIA) Grants.
If you are an eligible American Indian,
Eskimo or Aleut student, or a certified
member of a tribal group that is served
by the Bureau of Indian Affairs, you may
apply for a BIA grant. The amount is
based on financial need and availability
of funds from your area agency. You
must first submit an application for
financial aid (FAFSA) and supportive
documents. Obtain the BIA application
from your area agency, then see the BIA
adviser in the Financial Aid Office to
complete the BIA Need Analysis section
of the application. Be sure to check with
your Tribal Agency Office for BIA
deadlines. Deadlines vary from one
agency to another. BIA applications are
normally available January through June
of each year.
All recipients of financial aid must notify
the Financial Aid Office prior to
dropping below the units identified as
units funded on their award notification.
Aid recipients who fail to comply with
these requirements may be subject to
cancellation of their financial aid award
and/or repayment of aid received.
The regulations also address the issue of
time-to-degree. Undergraduate students
are expected to complete their degrees
within the time-frame of 12 full-time
semesters or 186 units (whichever occurs
first). Postbaccalaureate students are
allowed 45 units or six full-time semes-ters.
Graduate students enrolled in
programs requiring 60 units will be
granted an exception upon request.
All units count toward your maximum
allowance. Enroll in units that count
toward your degree.
All financial aid recipients are reviewed
for satisfactory academic progress at the
end of each semester. The following
criteria are used for determination of
satisfactory progress: (1) A, B, C, D, and
CR are acceptable indicators of satisfac-tory
academic progress; (2) F, I, W, U,
NC, SP, RD, AU are not acceptable.
A more detailed explanation of satisfac-tory
academic progress requirements at
California State University, Fresno is
available in the Financial Aid Office,
Joyal Administration Building, Room
296.
Federal Perkins Loan. Authorized by the
Higher Education Act, this program
provides a limited amount of low-interest
loans to students who demon-strate
an exceptional financial need.
Currently students may borrow $20,000
during the course of their undergraduate
degree. Graduate students may borrow
up to $40,000 (including any amount
borrowed as an undergraduate). New
borrowers begin repayment nine months
after they graduate, leave school, or cease
attending at least half-time. (Students
who received funding under the National
Direct Student Loan Program have a six-month
grace period.) A repayment
period of up to 10 years has been
established by the federal government.
The Higher Education Act also autho-rized
certain conditions under which part
or all of the loan may be canceled.
Details are available in Student Loan
Collections Services, Joyal Administra-tion
Building, Room 156.
have been provided by gifts to the
university. Applications for loans are
processed through Student Loan Collec-tion
Services, Joyal Administration
Building, Room 156.
Waivers of Nonresident Fees. Upon
written waiver by the dean of student
affairs or the director of admissions and
records, children or spouses of California
State University full-time employees,
who are not yet legal residents of
California, may be exempted from the
nonresident fee. Also, with verification
by the dean of the School of Education
and Human Development, certificated
California school district employees who
are not yet legal residents of California
may be exempted from the nonresident
fee, if they are provisionally credentialed
and working toward regular credentials,
completing postponed requirements, or
completing the fifth year required under
the Teacher Preparation and Licensing
Law of 1970 (Ryan Act).
Program Specifications
Satisfactory academic progress require-ments.
To conform with the regulations
that govern state and federal student
financial aid programs, the university is
required to define and enforce standards
of satisfactory academic progress for all
students.
All funds administered by the Financial
Aid Office are subject to these standards.
The intent of these standards is to
encourage students to make steady
progress toward the completion of all
degree or credential requirements within
a reasonable period of time.
The following descriptions are offered
for your guidance:
• Students funded on the basis of a full-time
budget must enroll and complete a
minimum of 12 units each semester. For
graduate students, the requirement is 8
units of courses in the 200 series.
• Students funded on the basis of a three-quarter
budget must enroll in and com-plete
a minimum of 9 units each semes-ter.
Graduate students in this category
are obligated for a minimum of 6 units
from courses in the 200 series.
• Students funded on the basis of a half-time
budget must enroll in and complete
a minimum of 6 units each semester.
Half-time status for graduate students is
4 units of courses in the 200 series.
Object Description
| Title | 2002-03 General Catalog |
| Creator | California State University, Fresno |
| Format | PDF Document |
| Date of publication | 2002-05 |
| Subjects | California State University, Fresno. Curricula. Catalogs |
| Object type | Document |
| Location | Fresno, California |
| Language | eng |
Description
| Title | Page 068 |
| Full Text Search | Financial Aid 68 2002-2003 California State University, Fresno General Catalog Federal Supplemental Educational Opportunity Grant (FSEOG). FSEOG is a grant program and, thus, does not require repayment. Awards are restricted to those undergraduates who demon-strate the greatest need and who are also Federal Pell Grant recipients. Funding for the program is limited to the allocation received from the federal government. Federal Work-Study (FWS). FWS is a federally funded employment program. Awards are based on financial need. Both undergraduate and postbaccalaureate students are eligible to participate. Students receiving FWS awards are placed in jobs on-campus and with selected off-campus agencies, including community service programs such as America READS. Nursing Student Loans. Under this program, a student who can show that a loan is needed to enter or continue in the nursing program may borrow up to $2,500 an academic year for the first two years; $4,000 for the final two academic years, up to a $13,000 maximum. No interest is charged while the borrower pursues at least a half-time course of study, or for a period of nine months after leaving school. Interest then starts at 5 percent simple interest and the loan is repaid at not less than $15 per month. Interest and payments are deferred for a period of time while the borrower is a member of the uniformed service or is a volunteer under the Peace Corps Act. Bureau of Indian Affairs (BIA) Grants. If you are an eligible American Indian, Eskimo or Aleut student, or a certified member of a tribal group that is served by the Bureau of Indian Affairs, you may apply for a BIA grant. The amount is based on financial need and availability of funds from your area agency. You must first submit an application for financial aid (FAFSA) and supportive documents. Obtain the BIA application from your area agency, then see the BIA adviser in the Financial Aid Office to complete the BIA Need Analysis section of the application. Be sure to check with your Tribal Agency Office for BIA deadlines. Deadlines vary from one agency to another. BIA applications are normally available January through June of each year. All recipients of financial aid must notify the Financial Aid Office prior to dropping below the units identified as units funded on their award notification. Aid recipients who fail to comply with these requirements may be subject to cancellation of their financial aid award and/or repayment of aid received. The regulations also address the issue of time-to-degree. Undergraduate students are expected to complete their degrees within the time-frame of 12 full-time semesters or 186 units (whichever occurs first). Postbaccalaureate students are allowed 45 units or six full-time semes-ters. Graduate students enrolled in programs requiring 60 units will be granted an exception upon request. All units count toward your maximum allowance. Enroll in units that count toward your degree. All financial aid recipients are reviewed for satisfactory academic progress at the end of each semester. The following criteria are used for determination of satisfactory progress: (1) A, B, C, D, and CR are acceptable indicators of satisfac-tory academic progress; (2) F, I, W, U, NC, SP, RD, AU are not acceptable. A more detailed explanation of satisfac-tory academic progress requirements at California State University, Fresno is available in the Financial Aid Office, Joyal Administration Building, Room 296. Federal Perkins Loan. Authorized by the Higher Education Act, this program provides a limited amount of low-interest loans to students who demon-strate an exceptional financial need. Currently students may borrow $20,000 during the course of their undergraduate degree. Graduate students may borrow up to $40,000 (including any amount borrowed as an undergraduate). New borrowers begin repayment nine months after they graduate, leave school, or cease attending at least half-time. (Students who received funding under the National Direct Student Loan Program have a six-month grace period.) A repayment period of up to 10 years has been established by the federal government. The Higher Education Act also autho-rized certain conditions under which part or all of the loan may be canceled. Details are available in Student Loan Collections Services, Joyal Administra-tion Building, Room 156. have been provided by gifts to the university. Applications for loans are processed through Student Loan Collec-tion Services, Joyal Administration Building, Room 156. Waivers of Nonresident Fees. Upon written waiver by the dean of student affairs or the director of admissions and records, children or spouses of California State University full-time employees, who are not yet legal residents of California, may be exempted from the nonresident fee. Also, with verification by the dean of the School of Education and Human Development, certificated California school district employees who are not yet legal residents of California may be exempted from the nonresident fee, if they are provisionally credentialed and working toward regular credentials, completing postponed requirements, or completing the fifth year required under the Teacher Preparation and Licensing Law of 1970 (Ryan Act). Program Specifications Satisfactory academic progress require-ments. To conform with the regulations that govern state and federal student financial aid programs, the university is required to define and enforce standards of satisfactory academic progress for all students. All funds administered by the Financial Aid Office are subject to these standards. The intent of these standards is to encourage students to make steady progress toward the completion of all degree or credential requirements within a reasonable period of time. The following descriptions are offered for your guidance: • Students funded on the basis of a full-time budget must enroll and complete a minimum of 12 units each semester. For graduate students, the requirement is 8 units of courses in the 200 series. • Students funded on the basis of a three-quarter budget must enroll in and com-plete a minimum of 9 units each semes-ter. Graduate students in this category are obligated for a minimum of 6 units from courses in the 200 series. • Students funded on the basis of a half-time budget must enroll in and complete a minimum of 6 units each semester. Half-time status for graduate students is 4 units of courses in the 200 series. |
