Huntington University is a Christian liberal arts college in Indiana

financial aid related catalog updates

The Huntington University catalog is reprinted/reissued every two (2) academic years. On occasion, there is the necessity to update or clarify certain elements prior to that time. Below you will find any changes made between the catalog versions. Please contact the Financial Aid office via email or by calling 800.642.6493 if you have specific questions. Updates are in bold below.

(page 81 in 2009-2011 catalog)

Financial Aid

The University’s first priority in providing financial assistance is to full-time students living on campus who excel in academic achievements and performance areas and to those preparing for service to the church. Many of the awards are need-based although several important awards are not. Most University-based financial aid is indexed to the ability of the students to succeed academically.

The primary purpose of the financial aid program at Huntington is to provide assistance to students who can benefit from further education but who cannot afford to do so without such assistance. Students receiving financial aid are expected to uphold the ideals of the University as a condition of their awards, and students who are placed on disciplinary probation or academic probation may have their aid reduced or withdrawn by action of the financial aid committee.

Parents are expected to contribute according to their means, taking into account their income, assets, number of dependents and other relevant information. Students themselves are expected to contribute from their own assets and earnings, including appropriate borrowing against future earnings. The investment that one makes in one’s own education or in one’s children’s education often is made sacrificially. The financial aid program is designed to help share the burden after other resources have been drawn upon.

Need-based financial aid is offered to accepted students only after determination that resources of the family are insufficient to meet the students’ educational expenses. The amount of aid offered will not exceed the amount needed to meet the difference between the students’ total educational expenses and their families’ resources.

To be considered for need-based financial aid, the student must be regularly admitted to Huntington and must have completed the Free Application for Federal Student Aid (FAFSA), which can be filed by going online at www.fafsa.ed.gov. The FAFSA should be received at the Federal Processor by March 10. New students are also required to file an Authorization Form prior to registration for classes. To be eligible for financial aid, students must be enrolled or accepted for enrollment, must be making satisfactory academic progress and must have completed all necessary forms.

The Office of Financial Aid will determine eligibility and award aid to students based on the difference between the cost of attending the University and the family contribution by institutional methodology. As nearly as possible, the University attempts to meet students’ needs with financial aid award packages that may include scholarships, grants, loans and employment.

((page 82 in 2009-2011 catalog)

University-funded scholarships and grants are not awarded to students carrying fewer than 12 hours except for those in the Graduate School and tuition remission programs. Unless otherwise noted, students must have a 2.3 gpa to be eligible for a University award.

The enrollment status (full-time, part-time or less than part-time) is locked on the tenth day of the fall or spring semester or the third (3rd) day of January and summer terms. Once the enrollment status is locked, financial aid will also be locked. No changes will be made to increase or decrease aid after the enrollment lock date.

Financial aid is awarded for two semesters with one-half the annual amount granted for each semester. The students’ awards are reviewed and renewed each year.

No combination of University-funded scholarships and grants may exceed the lesser of full-time tuition or the students’ actual semester tuition, and students who do not reside on campus may receive reduced awards. Externally funded scholarship and grant programs, however, may sometimes be applied to a portion of room and board costs.

In the event that students withdraw from Huntington either voluntarily or by request, University scholarships and grants are recomputed and the students are charged for the unpaid cost.

Financial Assistance and Academic Progress

To be eligible for awards, students must demonstrate that they are making satisfactory progress toward their degree objective. Students receiving any type of financial aid are required to meet the standards of satisfactory academic progress, being measured both qualitatively and quantitatively. The following standards of satisfactory academic progress are used for financial assistance eligibility:

1. Maintain a minimum cumulative grade point average (gpa) based on the cumulative credit hours completed as shown in the chart below:

Min. Cum. GPA Cum. Credit Hours
1.70 < 26
1.80 26 < 42
1.90 42 < 58
2.00 < 58

2. Successfully complete a minimum of 67% of their attempted hours within a given term, including any repeated, remedial or reprieved courses or withdrawals recorded on the academic record at the time of the progress check. For example, a student who has attempted a cumulative total of 60 credit hours must have successfully completed at least 36 of those hours to meet the stated requirement. A review of cumulative attempted hours will be conducted after each semester by the Financial Aid Director. Failure to successfully complete at least 67% of the attempted hours will result in the student being placed on “credit completion probation” status for the subsequent semester. A student

(page 83 in 2009-2011 catalog)

placed on this status must successfully complete a minimum of 67% of the attempted coursework during the probation term. If this percentage is not met, all federal, state and institutional aid will be denied.
 

  • Repeated, remedial or reprieved coursework will count towards the attempted and completed credit hours for both that term and the cumulative gpa.
  • Repeated coursework will not affect the student’s completed cumulative credit hours.

3. Successfully complete a minimum of 67% of their cumulative attempted hours including any transfer hours from other accredited institutions. Eligibility to receive any type of financial aid is determined by the maximum time period (credit hours) for a student to complete the course of study. This shall be equal to or less than 150 total credit hours recorded at the time of completed graduation requirements for a bachelor’s degree.

Financial Aid Probation Students placed on academic probation are also placed on financial aid probation. If the students fail to be removed from academic probation, they are placed on financial aid suspension for the succeeding semester. Students who achieve at least a 2.0 in the probation semester but fail to be removed from academic probation may appeal to be continued on financial aid probation instead of suspension.

Financial Aid Suspension Students who are placed on financial aid suspension will be ineligible to receive financial aid of any kind from federal, state or University sources.

Financial Aid Reinstatement Students on financial aid suspension are eligible to apply for reinstatement of their financial aid in a subsequent semester if they earn at least a 2.0 gpa as full-time students for the semester that they are on suspension. Students not attending Huntington University during the semester of their suspension status will be reinstated on financial aid probation upon their readmission to the University. Part-time students may achieve reinstatement after the completion of 12 semester hours.

Appeal Process Students may appeal either financial aid probation or suspension by letter to the vice president and dean of the University.