POLICIES AND PROCEDURES OF THE OFFICE OF FINANCIAL AID
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Financial aid will be offered only after determination that resources of the family or individual student are insufficient to meet the student’s educational expenses.
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Student aid funds are used for students who are carrying a full-time program of study (normally 12 credit hours or more), or students who are carrying a three-quarter part-time program (from 9-11 credit hours), or students who are carrying a half-time program (normally 6-8 credit hours), or a less than half-time program (normally 3-4 credit hours).
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Students must have legal status in the United States under any of the following categories:
A U.S citizen or national;
U.S. Permanent Resident;
Other eligible noncitizens. -
Students must maintain satisfactory progress as defined in the satisfactory academic progress policy
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The College will evaluate financial aid applicants on the basis of financial need.
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The College will combine its financial aid resources to maximize its ability to meet student’s needs.
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No aid program shall attempt to restrict the College in what it teaches or restrict it in its academic freedom.
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The College will promote the financial aid program and invite donors to join in the support of this program.
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All donations to the financial aid program must be approved by the Governing Board.
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Funds received from donors will be subject to policies, rules, and regulations governing financial aid at St. Augustine College.
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The College encourages donations to assist any able and needy student; however, stipulations may be made by donors concerning high school, residency, field of study and year in college.
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The College will publish each year, in an appropriate manner, the names of all donors of financial aid unless otherwise directed.
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Donations will be deposited in the General Scholarship Fund and disbursed from that Fund. The College will inform the donor and the student of the award.
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Donors must contact the Development Office in writing concerning their intent to donate funds.
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All funds must be received in advance.
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The Governing Board of St. Augustine College designates certain funds to be used as college grants to needy students.
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The Student Expenses Budget at St. Augustine College is broken down as follows:
A Independent Student:
Tuition $ 11,736
Living Expenses 8,500
Book and Supplies 1,200
Miscellaneous 1,600
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TOTAL: $ 23,036
B Dependent Student:
Tuition $ 11,736
Living Expenses 6,800
Book and Supplies 1,200
Miscellaneous 1,600
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TOTAL: $ 23,036
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However, the amount allocated to each student will be based on the Pell Grant cost allowances which are:
A. Actual charge for tuition and fees based on credits recorded in the Registrar's Office
at the end of the refund period.
B. A standard allowance for maintenance to be determined annually by the U.S. Department of education
C. A standard allowance for books, supplies, and miscellaneous expenses will be determined annually by the U. S.
Department of Education.
