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Back to Office of Financial Aid home page. General Financial Aid Policies 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 student to succeed academically. The 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their awards, and students who are placed on disciplinary probation or academic probation may have their aid reduced or withdrawn by action of the financial aid committee.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 College financial aid program is designed to help share the burden after other resources have been drawn upon. Financial aid is offered to accepted students only after determination that resources of the family are insufficient to meet the student’s educational expenses. The amount of aid offered will not exceed the amount needed to meet the difference between the student’s total educational expenses and the family’s resources. To be considered for financial aid, the student must be admitted to the University and must have completed the Free Application for Federal Student Aid (FAFSA), which may be obtained from a high school guidance office or the University Financial Aid Office. The FAFSA should be filed before March 1. New students are also required to file an Authorization Form prior to registration for classes. To be eligible for financial aid, the student must be enrolled or accepted fro enrollment, must be making satisfactory academic progress, and must have completed all necessary forms. The financial aid office will determine eligibility and award aid to the student based on the difference between the cost of college and the family contribution by institutional methodology. As nearly as possible, the University attempts to meet a student’s need with a financial aid award package which may include scholarships, grants, loans, and employment. University-funded scholarships and grants are not awarded to students carrying fewer than twelve hours except for those in the GSCM and tuition remission programs. Unless otherwise noted, students must have a 2.3 gpa to be eligible for a University award. Financial aid is awarded for two semesters with one-half the annual amount granted for each semester. The student’s application must be renewed each year. Applications are evaluated on the basis of academic achievement, character, and need. Applications not submitted by March 1 will be considered only for funds still available, with preference for remaining funds for those applying for aid by April 1. Indiana students who do not apply for state grants before March 1 may not have their computed Indiana State Grant made up by University funds. No combination of University-funded scholarships and grants may exceed the lesser of full-time tuition or the student’s actual semester tuition, and students who do not reside on campus may receive reduced awards. Externally funded grant programs, however, may sometimes be applied to a portion of room and board costs. In the event that a student withdraws from the University either voluntarily or by request, University scholarships and grants are recomputed and the student charged for the unpaid cost Financial Assistance and Academic Progress To be eligible for awards, a student must demonstrate that he or she is making satisfactory progress toward his or her degree objective. Awards are subject to review by the financial aid committee after the completion of each semester’s work, and students who receive less than a 2.0 gpa may have their scholarships and grants reduced or withdrawn based on their academic achievement. The following standards of satisfactory academic progress are used for financial assistance eligibility. Financial Aid Probation A student placed on academic probation is also placed on financial aid probation. If the student fails to be removed from academic probation, he or she is placed on financial aid suspension for the succeeding semester. A student who achieves at least a 2.5 in the probation semester but fails to be removed from academic probation may appeal to be continued on financial aid probation instead of suspension. Financial Aid Suspension A student who is placed on financial aid suspension will be ineligible to receive financial aid of any kind from federal, state, or College 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 a full-time student for the semester that they are on suspension. Students not in college 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 A student may appeal either financial aid probation or suspension by letter to the academic dean. University Scholarships and Awards Through its scholarship program, the University attracts superior students for undergraduate and graduate study. Scholarship students are expected to make contributions to the total academic program, to challenge all students to academic excellence, and to enhance the intellectual life of the campus. Talent and leadership award winners bring a special vitality to the overall college program. Students receiving awards are expected to uphold the ideals of the University as a condition of their awards. University awards may not exceed the amount that would diminish state or federal awards and may be awarded as partial awards to meet University award guideline limitations or based on academic achievement. Financial aid packages include appropriate self-help contributions from work-study earnings, loans, parental contributions, and summer earnings and savings. Students must maintain continuous enrollment for renewable awards that are applicable only toward tuition for the first baccalaureate degree. Students must have applied by March 1 to receive maximum financial aid consideration. One-half of the award is given per semester. Presidential Scholar awards in the amount of $6,000 each are made for academic excellence. These awards are renewable for up to four years of college provided the recipient maintains a 3.4 cumulative gpa (those whose cumulative gpa drops below a 3.4 may be eligible for other academic scholarships and grants). Eligible applicants must have a minimum of a 3.6 gpa and have either a combined composite SAT of 1250 or ACT of 28. And additional $1,500 can be added onto the basic $6,000 if an applicant has a 1320 SAT and/or 31 ACT. Finally, an applicant can add an additional $1,000 on to either of the above amounts if he or she attends an on-campus celebration day (typically in February). National Merit Finalists are granted a $6,000 scholarship and Semi-finalists $4,500, which may be increased if the student is selected as a Presidential Scholar. Academic Scholarships are made for the freshman year based on high school gpa, class rank, and SAT/ACT scores. Awards can be renewed by having a 3.2 cumulative gpa. Amounts range from $2,500 to $5,000. Please visit www.huntington.edu/finaid/aidchart.htm for a detailed list of the amounts. Funds for these scholarships have been provided through endowment by the HU Foundation General Scholarships, Adler Scholarship, E.D. Baker Scholarship, Baker Alumni Scholarship, Ruth Ann Barcanic Scholarship, Becker Memorial Scholarship, H.S. and Ethel Brubaker Memorial Scholarship, Doris H. Derrah Scholarship, Huntington Laboratories Scholarship, Maurice B. Clark Scholarships, Dolby Memorial Scholarship, Frederick O. Fisher Memorial Scholarship, Eugene and MaryLou Habecker Huntington University Foundation Scholarship, R.M. Hafner Memorial Scholarship, Basil and Nellie Holloway UB Scholarship, Huntington College Faculty Scholarship, Huntington County Bar Association Scholarship, Hunckler Scholarship, Kruger Memorial Scholarship, Roxy Lefforge Scholarship, Majestic Scholarship, Memcor Scholarship, Marion C. Miller Scholarship, First Presbyterian Scholarship, Purviance Scholarship, Irwin Pulliam Scholarship, Shuttleworth Scholarship, Robert and Ruth Thompson Scholarship, Wabash Scholarship, Bob Wilson Scholarship. Other funds for scholarships and grants have been provided through endowments or gifts for the Austin Music Scholarship, Irene F. Bergdall Scholarship Endowment, Brenn Science Scholarship, Helen Brooks Teacher Education and Christian Ministries Scholarship, Brubaker Memorial Scholarship, Emil and Ruth Bucholtz Scholarship, Carver Memorial Scholarship, Francis Keeling Coe Memorial Scholarship, Frank Memorial Scholarship, Frey Memorial Scholarship, Jarrod Geiger Scholarship, Richard Goshorn Memorial Scholarship, Florence Grayston Memorial Scholarship, Walter and Francis Habecker Christian Leaders Scholarship, Heritage Fund of Huntington County Scholarship, Basil and Nellie Holloway UB Scholarship, Huntington University Auxiliary Scholarship, Johnson Petroleum and Johnson Junction Scholarship, Richard Klopfenstein Scholarship, Langholf Memorial Scholarship, Richard and Shirley Mann Scholarship, Mabel and Mildred McGinity UB Scholarship, Clyde W. Meadows Scholarship, Napolitano Scholarship, Older Scholarship, Mary Osborn Memorial Scholarship, Marvin Price Memorial Scholarship, Harold and Betty Pontious Christian Ministries Scholarship, Reiff Family Scholarship, Reiff Memorial Scholarship, Robbins Memorial Scholarship, Satterthwaite Family Scholarship, Nyla Jeanne Schenkel Medical Scholarship, Ella Cadwallader Schofield Memorial Scholarship, Shipley Memorial Scholarship, Henry and Doretta Smith Scholarship, State Bank of Markle and Don Hoopengarner Scholarship, Stemen Music Scholarship, Thorne Music Scholarship, Tinnerstet- Morgan Scholarship, and Helen D. Wilson Scholarship. Other funds for GSCM Scholarships have also been provided. Further information on specific awards may be obtained from the admissions or financial aid office. University Grants and Performance Awards Through the University’s grants and awards program, the University brings to the campus students with particular skills to enhance the overall programs of the University. The University also administers various governmental aid programs that enable worthy and needy students to attend college. Students receiving awards are expected to uphold the ideals of the University as a condition of their awards. University awards may not exceed the amount that would diminish state or federal awards and may be awarded as partial awards to meet University award guideline limitations or based on academic achievement. University awards are applicable only toward tuition for the first baccalaureate degree. Financial aid packages include appropriate self-help contributions from work-study earnings, loans, parental contributions, and summer earnings and savings. Students must maintain continuous enrollment for renewable awards and, unless otherwise noted, must have a 2.3 gpa to be eligible for an award. Students must apply by March 1 or earlier to receive maximum financial aid consideration. One-half of the award is given per semester. United Brethren Grants are provided to fulltime, regularly admitted undergraduate students who are members of the United Brethren in Christ Church based on need and academic achievement. Students must have a high school gpa above 2.3. Returning students can renew this award with a cumulative gpa of 2.0 and should apply by March 1 to ensure consideration. Merillat Scholar Grants are awarded by the Merillat Foundation to students who are members of UB or federation churches, selected Youth for Christ student leaders, or children of alumni. Students may receive up to $4,000 if their gpa is above a 3.2 with 1000 SAT or 21 ACT and up to $2,500 if their gpa is above a 2.7 with 900 SAT or 19 ACT. Renewal of these awards requires a 3.0 and 2.5 college gpa, respectively. UB Endowment Grants are awarded in amounts ranging from $1,000 to $2,000 based upon financial need and state of residency. Church Service Grants are given to students based on need and academic achievement for dependents of full-time licensed ministers of the gospel in good standing or foreign missionaries currently serving. Matching Church Grants may be awarded based on the criteria described below. International Student Grants may be awarded to a limited number of non-North American international students based on need and academic achievement who have potential for spiritual, social, physical, and intellectual development. International student grants are renewable for each of the four years provided the student maintains a cumulative 2.0 gpa after the freshman year, maintains continuous enrollment, and lives in college housing. United Brethren International Student Grants may be awarded toward the costs of tuition, room, and board. Matching Church Grants may be awarded to full-time students whose local church contributes directly to the Huntington University Church Matching Grant Scholarship Fund. Eligible students must be members of the local church and have a 2.3 high school gpa. Returning students can renew this award with a 2.0 cumulative gpa. After the church notifies the University each year of the church’s intent to participate, the University will match up to $500 per year to the limit of University funds available. All eligible students from that local church will be awarded equal awards; no gifts may be designated to an individual student. The combined church and University grant will be included in the students’ financial aid packaging and may not exceed the amount which would diminish state or federal awards. Fine and Performing Arts Awards are available to students who have outstanding music, art, broadcasting, or drama skills and who participate in various music ensembles, broadcasting, art, or dramatic productions. Awards are based on specific music, art, or drama ability and academic achievement. Students must have a 2.3 high school cumulative gpa. Returning students must have a cumulative gpa of 2.0 to be considered for these awards. Natural and Mathematical Science Awards are available to selected students who major in biology, chemistry, computer science, or mathematics. Awards are based on academic achievement and Admissions Visit Day attendance. Awardees must maintain a cumulative gpa of at least 3.0. For additional information, click here. Athletic Performance Awards are given in all varsity sports to both men and women on basis of specific athletic ability and academic achievement. Awards depend upon the qualifications of the student athlete and the particular sport. The award is divided between semesters and conditioned upon the student being in good standing academically and socially. Funding for athletic grants may consist of endowment for the HU Foundation Chris Schenkel Athletic Awards, the Alumni Soccer Award, the Forester Basketball Award, the Cheryl Lee Wilson Baseball Award, and Rocky’s Hank Aaron Baseball Award. Students must have a 2.3 high school cumulative gpa. Returning students must have a cumulative gpa of 2.0 to be considered for these awards. Further information on specific awards may be obtained from the admissions, financial aid, and athletic offices. Federal Pell Grants are provided by the federal government to needy students in amounts that are determined by the student’s ISIR, the cost of attendance at the University, and a payment schedule issued by the US Department of Education. Students apply by filing the FAFSA with the Department of Education which computes the student’s eligibility. The FAFSA must be submitted by March 10 for maximum consideration. When unusual circumstances such as unemployment or death of a parent occur, a special application may be submitted to the University’s financial aid office for the determination of additional need. Eligible students enrolled less than full-time may receive partial grants. Students should contact the financial aid office. Federal Supplemental Educational Opportunity Grants are provided by the federal government to students with exceptional need, subject to federal funding guidelines. The award is based on the family’s ability to contribute as determined from the FAFSA and the amount of grant funds made available to the University. Eligible students enrolled less than full-time may receive partial grants. Students should contact the financial aid office. State of Indiana Grants are provided to residents of Indiana in the form of Indiana Higher Education Grants, Freedom of Choice Grants, and 21st Century Scholar Awards to provide additional monies to eligible students based on need and differential cost of attendance at private colleges. Veterans’ Benefits and Vocational Rehabilitation Grants provided by government agencies may be used at Huntington. The University is approved for educational training of veterans and their families under US Code Title 38, Section 1775. Licensing is handled by the registrar. Under the provision of Public Law 565, the federal and state governments jointly provide funds for grants to students who have a physical or mental impairment which constitutes a vocational handicap. The State Vocational Rehabilitation Division determines the grants that may be applied to tuition and certain fees. The registrar’s office accepts referrals for applications. Student Loan Programs Students without immediate resources to complete payment for their educational expenses may choose to borrow against future earnings through several loan programs. Borrowing for such an investment may well yield monetary returns, but the greater return on an investment for one’s education comes in the enhanced quality of life and sense of self-worth. Federal Stafford Loans are made by a bank or other lending agency in amounts ranging to $3,500 for freshmen, $4,500 for sophomores, and $5,500 for juniors and seniors. Subsidized Stafford Loans are government subsidized for students whereby no interest accrues to the student while he or she is in college, and Unsubsidized Stafford Loans are government loans whereby the interest begins immediately. Repayment of Stafford Loans begins six months after the student ceases to be a half-time student. Federal Perkins Loans are made through the University from federal monies on the basis of a student’s financial need and availability of funds. Loans range from $500 to $4,000 per year or $15,000 for the completion of a student’s degree. Repayment begins nine months after graduation or less than half-time enrollment with a repayment schedule over 10 years at 5% interest and minimum monthly payments of $40. Cancellation benefits are available for full-time teaching service in classes for handicapped or in schools with high concentration of pupils from low-income families. Student Employment Students should have at least one semester’s expenses on hand before beginning college and preferably one year’s expenses. The University recognizes, however, that many students need to earn part of the cost of their education while in college. Federal Work-Study is a federally funded program which provides jobs for students who need financial aid and who must earn part of their educational expenses. Job opportunities are made available to the student, who secures the job, and approval by the financial aid office is determined by the need. Most jobs are on-campus and parallel other student employment. University Employment is available to any student who qualifies in jobs ranging from those in dining service, library, secretarial, receptionist, janitorial, grounds, telephone, audiovisual, and laboratory assistants. Graduate Student Assistantships are provided in limited number as tuition grants. Off-Campus Employment in the city of Huntington is possible in the many retail stores, restaurants, shops, factories, and homes.
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