MISSION: To administer a student financial aid program designed to provide financial assistance for students who otherwise would be unable to pursue a post-secondary education.

Jarvis Christian College administers a comprehensive program of scholarships, grants, work programs, and loans. This includes Jarvis' own scholarship and award programs, as well as state and federal assistance programs. Parents and students are expected to contribute to meeting college costs to the extent possible; therefore, our program attempts to supplement not supplant family responsibility.

WHAT IS FINANCIAL AID?
The primary responsibility for meeting college costs lies with the student and parents. Financial aid programs are available to assist students who do not have the financial resources to meet the full cost of attendance. All students are encouraged to apply for financial aid.

Financial aid can be received in the form of grants, scholarships, work-study and/or loans. Grants are gift-aid that does not have to be paid back. Eligibility for all grants is based directly on demonstrated financial need. Scholarships can be received from both internal and external sources. Eligibility for scholarships varies, but most are awarded on the basis of academic ability and/or financial need. Work-Study programs provide jobs for students with financial need.

The amount of aid a student receives is generally based on need, which is the difference between the college's expenses and the amount of money the student and/or the student's family are expected to contribute.

The first step in applying for aid is the completing of the Free Application for Federal Student Aid ( FAFSA ) for processing. FAFSA forms are available in the Financial Aid Office, which is located in the Emma B. Smith Administration building. The FAFSA can also be filed electronically at www.fafsa.ed.gov . The second step is the mailing of the FAFSA to the central processor. All students NEED to apply for financial aid on an annual basis.

ELIGIBILITY
Financial assistance is based primarily on established need and satisfactory academic progress, represented by the minimum cumulative grade point average and hours earned, set by the College. Generally, all financial aid is granted for one year.

To receive financial aid through the College's Financial Aid Program, a student must:

(1) Have financial need as determined by the FAFSA .
(2) Be a citizen or eligible non-citizen of the United States with a valid Social Security Number.
(3) Have a high school diploma or a General Education Development (GED) certificate.
(4) Be enrolled at least half-time in an eligible program as a regular student seeking a degree.
(5) Register (or have registered) for Selective Service, if you are male between the ages of 18 and 25.
(6) Be making satisfactory academic progress as defined by the College.

FINANCIAL AID REQUIREMENTS FOR
SATISFACTORY ACADEMIC PROGRESS

Federal regulations mandate minimum standards of "satisfactory progress" for students receiving financial assistance. These requirements apply to the student's entire academic history, whether financial aid was received or not and to all types of aid: Grants, Loans, and Work Study. The standards for determining progress at the college are composed of three separate measurements: Grade Point Average (GPA), Credit hour requirements, and Maximum hours allowed. For a student to be eligible to receive federal, state, and institutional student financial assistance at Jarvis, the student must maintain satisfactory progress in their course of study. All students must be enrolled in a degree or teaching certificate program. Newly enrolled undergraduate students must be admitted "in good standing". NOTE: Students who are admitted to Jarvis as a Non-Degree, Career Interest or Self-Improvement, Audit Courses, or if on academic suspension, will NOT be eligible to receive financial aid. When the Special Student status is changed, or suspension status is removed, an eligible student may then be considered for financial assistance.

GRADE POINT AVERAGE (GPA)
This is the qualitative measurement used for academic work at Jarvis Christian College. For financial aid purposes, a student must maintain a cumulative GPA or 1.50 or better as a Freshman, 2.0 or better as a Sophomore, Junior or Senior. Grade point averages will be checked on an annual basis, at the end of the Spring semester.

CREDIT HOURS REQUIREMENTS
This is the quantitative measurement of a minimum number of hours completed each year at Jarvis Christian College. A year is defined as Summer I, Summer II, Fall, and Spring sessions. Credit hour requirements will be checked on an annual basis. All students must complete at least 75% of the hours attempted. See the examples below for acceptable and unacceptable hour requirements.

• Credit hours will be considered to be satisfactorily completed if one of the following grades is earned: A, B, C, or D. Grades of F, or I are not satisfactory.
• If you withdraw from Jarvis prior to the end of the semester, receive all F's, or receive a combination of all W's and F's, you will be denied future financial assistance. W's and F's will be checked after each semester. You may reapply after Satisfactory Progress has been met.
• Financial Aid is given to students enrolled for remedial courses. These courses are considered attempted hours and also count as earned hours for financial aid satisfactory progress. A student must make a grade of A, B, C, or D to remain in compliance.
• Repeated classes are treated the same as any other class.

MAXIMUM HOURS ALLOWED
The stated maximum allowable hours at each level of study are for all students regardless of the number of changes in major or concentration. The student's entire academic record at Jarvis (including prerequisite courses) is used to calculate the maximums. Course work transferred to Jarvis will count toward the maximum number of allowable credit hours. Maximum hours allowed will be checked after each semester.

Enrollment Status at College Census Date
Undergraduate

Maximum Number of Credit Hours by Degree Objective
155 attempted semester hours

Students who are not in compliance are not eligible for assistance until they have made up the credit hour deficiency from the last evaluation period and/or brought their GPA up to the qualitative standard indicated. Once the deficiency is made up, the student should notify the Financial Aid Office.

Students who are not making satisfactory academic progress may file a written appeal to the Financial Aid Office. Appeals will then go before the Financial Aid Appeals Committee for review and all students will be notified of the committee's decision in writing. Appeals should include all documentation which supports any mitigating circumstances concerning the failure to maintain the expected level of satisfactory progress. All decisions made by the committee are final. Students have thirty (30) days after the notification of denial to file an appeal with the Financial Aid Office.

Probation, Suspension, and Reinstatement
If a student fails to meet the minimum standards of progress, the student is placed on financial aid probation and the deficiency from that semester is required to be made up in the following semester of enrollment in addition to the required number of credits for his/her enrollment status of that semester.

If the required grade point average and the deficiency are not successfully completed in the following semester of enrollment, the student is no longer considered to be making satisfactory academic progress. Therefore, the student will be suspended from financial assistance.

If the student meets the minimum requirements at the end of the probationary semester, he/she will return to good standing for financial aid eligibility.

APPEALS PROCEDURE
If a student is denied financial assistance due to unsatisfactory academic progress, the student has the option to appeal the decision. The reason for unsatisfactory academic progress must be based on exceptional circumstances, e.g., documented illness, death in the immediate family, etc. Such appeals are considered on an individual basis.

APPLICATION PROCEDURE
All continuing and prospective students who wish to receive financial aid from any of the programs administered by the College must complete the Free Application for Federal Student Aid ( FAFSA ), which may be obtained from Jarvis Christian College.

TYPES OF ASSISTANCE
The main forms of financial aid are (1) scholarships; (2) grants; (3) loans; and (4) College work-study. Details of each type of financial aid are given below, together with the instructions for applying.

SCHOLARSHIPS
All scholarships at Jarvis Christian College are granted on the basis of need, character and/or academic record. Scholarships are awarded on a yearly basis to those students who meet the established donor or College criteria. Scholarships are not officially awarded until the fall registration period.

No student may receive a Jarvis Christian College sponsored scholarship or award as a cash allotment unless specifically indicated by the scholarship/award donor.

In addition to the information needed above, students with "incompletes'" pending from the previous semester of enrollment; incomplete financial aid files; poor citizenship, as determined by the Vice President for Student Affairs; and incomplete admission files are not considered for scholarships.

GRANTS

Federal Pell Grants
To receive a Federal Pell Grant, a student must be an undergraduate who does not already have a Bachelor's degree. The Department of Education uses a standard formula, revised and approved every year by Congress, to evaluate the information the student reports when he or she applies for a Federal Pell Grant.

The application for a Federal Pell Grant is made at the same time the FAFSA is filed.

About four (4) weeks after the application is filed, the student will receive a Student Aid Report (SAR) informing the student of his or her eligibility or ineligibility. All copies should be forwarded to the Financial Aid Office. All information on the SAR must be correct before the student can receive any payment of the grant.

Federal Supplemental Educational Opportunity Grants (FSEOG)
The FSEOG program is for undergraduate students having exceptional need (with priority given to the Federal Pell Grant recipients), and it does not have to be repaid, as it is a grant. Grants may range from $100 up to $4,000. These grants are awarded through the Financial Aid Office.

Tuition Equalization Grants
The Tuition Equalization Grant (TEG) program was enacted by the 62nd Texas Legislature in 1971 to assist students with need, to pay the difference in the amount of tuition charged by independent colleges and universities and public institutions in the state of Texas.

To receive the grant, a student must be a Texas resident or a National Merit Scholarship finalist, be enrolled at least half-time, show financial need, not be the recipient of any form of athletic scholarship and not be enrolled in a religious degree program. Grants vary according to financial need up to $3,572.

Leveraging Educational Assistance Partnership (LEAP)
Recipients of a Tuition Equalization Grant can qualify for an equal LEAP Grant (up to $1,250), which is funded through federal appropriations.

Vocational Rehabilitation Grant
The Texas Rehabilitation Commission (TRC) offers assistance for tuition and non-refundable fees to students who have certain disabling conditions, provided their vocational objectives have been approved by a TRC counselor. Examples of such conditions are orthopedic deformities, emotional disorders, diabetes, epilepsy, heart conditions, etc. If the student feels that he or she qualifies for this grant, please contact the Financial Aid Office for further assistance.

LOANS

Students at Jarvis Christian College may use any lender of their choice, including lenders not on this list.  No contractual relationship exists between Jarvis Christian College and any lender.  Jarvis Christian College lenders are evaluated on an annual basis using criteria such as use of electronic processing, borrower benefits, customer service, variety of loan products and life of loan servicing.  If you are selecting a lender for the first time, TG maintains Lender Fact Sheets on their website

Federal Perkins Loans
The Federal Perkins loan is a low-interest (5%) loan available to students with need. These loans are for both undergraduate and graduate students and are made through the Financial Aid Office. Preference is given to students with exceptional need. You must repay this loan.

A student may borrow up to $4,000 for each year of undergraduate study. The total debt you can have outstanding as an undergraduate is $20,000.

The repayment period for this loan is normally ten years, beginning nine months after the student graduates, leaves school or is not attending at least half-time.

Federal Family Education Loans (FFEL)
Under the FFEL Program, private lenders such as banks, credit unions, and savings and loan associations usually make these loans to students. These loans to borrowers are either subsidized or unsubsidized.

A subsidized loan is awarded on the basis of financial need. If a student qualifies for a subsidized loan, the Federal government pays the interest on the loan until the student begins repayment.

An unsubsidized loan is not awarded on the basis of need. Students receiving unsubsidized loans will be charged interest from the time the loan is disbursed until it is paid in full. One can choose to pay the interest or allow it to accumulate. If one allows the interest to accumulate, it will be capitalized-added to the principle amount of the loan and will increase the amount to be paid.

A dependent undergraduate student can borrow up to:

• $2,625 a year, if a first-year student enrolled in a program of study for at last a full academic year.
• $3,500 a year, if the student has completed a first year of study and the remainder of the program of study is for at least a full academic year.
• $5,500 a year, if the student has completed two years of study and the remainder of the program of study is for at least a full academic year.

An independent undergraduate or dependent undergraduate student whose parents are unable to get a PLUS Loan, can borrow up to:

• $6,625 a year, if enrolled in a program of study that is at least for a full academic year. (At least $4,000 of this amount must be unsubsidized loans.)
• $7,500 a year, if the student has completed the first year of study and the remainder of the program is for at least a full academic year. (At least $4,000 of this amount must be unsubsidized loans.)
• $10,500 a year, if the student has completed two years of study and the remainder of the program is for at least a full academic year. (At least $5,500 of this amount must be in unsubsidized loans.)

After a student graduates, leaves school, or drops below half-time enrollment status, the student will have six months before repayment of the loan begins. This is referred to as a "grace period". The repayment period is a maximum of ten years. The minimum repayment is $50.00 per month. Under certain conditions, a student may be eligible for deferment of payment or forbearance. These entitlements must be requested from the lender.

Federal Parent Loans (PLUS)
The Federal Parent Loan Program ( PLUS ) allows parents, who do not have an adverse credit history, to borrow to pay the education expenses of each child who is a dependent undergraduate student enrolled at least half-time.

The yearly limit on the PLUS loan is equal to the cost of attendance minus any other financial aid for which the student is eligible. The interest rate is variable, but will never exceed 9 percent. This rate is adjusted each year on July 1.

Generally, repayment must begin within 60 days after the final loan disbursement for the period of enrollment for which you borrowed. Your parents must begin repaying both principal and interest while you're in school. There is no grace period for these loans. This mean that interest begins to accumulate at the time the first disbursement is made. Under certain conditions parents may be eligible for a deferment or forbearance.

Federal Family Education Loan (FFEL) Consolidation Loans
An FFEL Consolidation Loan is designed to help student and parent borrowers consolidate several types of federal loans with various repayment schedules into one loan. With an FFEL Consolidation Loan, one makes only one payment a month. These loans are available from participating lenders such as banks, credit unions, and savings and loan associations.

The interest rate for an FFEL Consolidation Loan is weighted average of the original interest rates of the loans being consolidated.

Work-Study Program
The Work-Study Program provides jobs for students, allowing them to earn money to help pay educational expenses. The program encourages community service work and work related to a student's course of study. Funds are provided from federal and state components of this program. Students currently earn an average of $600 per semester in the wok-study program.

The Financial Aid Officer is responsible for determining and assigning students in the federal and state components of this program.

STAFF DIRECTORY

Harriett Harris
Director of Financial Aid
(903) 769-5740
Harriett.Harris@jarvis.edu

Alice Copeland
Assistant Director of Financial Aid
(903) 769-5733
Alice.Copeland@jarvis.edu

Sheree' Miller
Work Study Coordinator
(903) 769-5741
Sheree.Miller@jarvis.edu