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We believe a student should consider the advantage of a private college
when choosing an institution of higher education. Realizing the cost of
higher education today, Friends University makes every effort to enable
all students to attend regardless of financial resources, age, sex, marital
status, physical handicap, race, religion and/or national origin. Financial
need may be met through a combination of federal, state and
institutional financial aid programs. Friends University provides financial
counseling and encourages campus visits by students and parents to
discuss financial planning. If additional information is desired, students
should direct their questions to the Financial Aid Office.
THE FOLLOWING GENERAL RULES
APPLY TO FINANCIAL AID
AWARDS:
- To be eligible for financial aid, students
are required to be fully admitted to the
University and enrolled in a program
leading to a degree.
- Financial need and availability of funds are
primary factors in determining awards.
Most awards are for one year and are
always made on a full-time basis.
- Federal aid is prorated when enrollment is
less than full time.
- State aid requires enrollment in a
minimum of 12 credit hours a semester in
a standard term program.
- Institutional aid requires enrollment in a
minimum of 12 credit hours a semester in
the traditional undergraduate program.
- All awards are to be used for educationalrelated
expenses.
- Financial aid will be forfeited by a student
who has been dismissed for academic
reasons or failed to comply with the
satisfactory academic progress policy.
- Discrimination is prohibited – refer to the
non-discriminatory policy.
Application Procedures for Financial Aid
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- A need analysis is required for aid from
federal or state programs. Complete the
Free Application for Federal Student Aid
(FAFSA).
- A Friends University student data form is
required for all financial aid programs.
NOTE: Contact the Financial Aid Office for
more information.
- Students tentatively admitted to the
University are not eligible to receive
financial aid.
- Students fully admitted and provisionally
admitted to the University are eligible to
receive financial aid.
- Students conditionally admitted to the
University are eligible to receive financial
aid. However, financial aid may be limited.
Contact the Financial Aid Office regarding
your individual file.
Satisfactory Academic Progress Policy
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A student must make satisfactory academic
progress toward a degree to be eligible for
financial aid. Friends University’s policy for
satisfactory academic progress is in
accordance with Federal guidelines.
Full-time students must earn a minimum
number of credit hours in conjunction with
number of years of enrollment as defined as
follows. Part-time students will be expected to
make the same proportional progress as fulltime
students. Students must earn a
cumulative grade point average in
accordance with academic classification.
Eligible students may receive aid up to a
maximum of 1.5 times the regular length of
time required to complete a degree as
defined by the academic program. Students
are required to complete 67 percent of all
attempted hours to maintain eligibility to
receive federal financial assistance.
Incompletes: will not be counted as credit
earned. One semester is allowed to finish
incomplete work.
Probation and suspension standards: Refer
to the academic policies section.
Awards from institutional programs require a
student to maintain satisfactory academic
progress and meet renewal requirements.
Appeal Procedure: If a student fails to meet
satisfactory academic progress requirements
and believes unusual circumstances warrant a
review, the student may make a written
appeal to the Financial Aid Office.
- Write a letter of appeal to the Director of
Financial Aid explaining the circumstances,
including supporting documentation.
- Appeal must be made no later than two
weeks prior to the enrollment period in
which aid would be affected.
- Written notification will be made to the
student.
Refunds: If a refund is due to a student for
tuition, room and board, or other institutional
charges, and the student received financial
aid, a portion of the refund will be returned to
the student aid programs in accordance with
federal guidelines. Refer to Refund Policy and
Repayment of Title IV Funds.
Student Account Services calculates the initial
refund based on the refundable charges and
the date of withdrawal. Refer to the University
refund schedule.
Disbursement: Scholarships, grants and loans
will be disbursed as a credit to the student’s
account either by direct deposit or by
endorsement of check(s). Direct deposit
transactions will be made when the 100
percent (100%) refund period has expired for
the enrollment period or when nontraditional
term students begin their sixth
credit hour.
Federal Grants and Loans
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Federal Stafford Student Loan
A long-term, need-based loan for eligible
students. To determine eligibility you must
complete the Free Application for Federal
Student Aid (FAFSA). In addition, a master
promissory note must be completed and
returned with the official award notification
letter.
Federal Additional Unsubsidized Stafford
Student Loan
A long-term, no-need loan for independent
students. To apply you must first determine
eligibility for the Federal Stafford loans and
Federal Pell grant by completing a Free
Application for Federal Student Aid (FAFSA). In
addition, a master promissory note must be
completed and returned with the official
award notification letter.
Off-campus Employment
The Center for Student Success at Friends
University assists students in finding full- and
part-time employment. Many businesses and
industrial employers list jobs with the Center
for Student Success throughout the year.
Students can access these jobs by visiting the
Center or on line at
www.ecampusrecruiter.com/friends.
On-campus Employment
Friends University provides a variety of oncampus
employment opportunities for
students with or without federal work study.
On-campus positions are posted at the Center
for Student Success or on line at
www.ecampusrecruiter.com/friends.
Federal Work Study Program
Eligibility for the federal work study program
is based on financial need. Students must
complete the Free Application for Federal
Student Aid (FAFSA). For additional
information, contact:
Friends University
Financial Aid Office
2100 W. University Ave.
Wichita, KS 67213
316-295-5200
apply4$@friends.edu
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