Page 55 - Texas Wesleyan Univ Catalog

FINANCIAL AID
Texas Wesleyan University offers student financial aid through many sources including academic or merit-based scholarships, performance- based scholarships, grants, loans, and campus employment.
Applicants for financial assistance programs must be admitted to the University before aid is awarded. Applicants must file the Free Application for Federal Student Aid (FAFSA) as soon after January 1 of each year as possible. The FAFSA may be obtained by accessing FAFSA on the Web at www.fafsa.ed.gov. The priority deadline for receipt of all financial aid forms by the Office of Financial Aid is April 1 for students enrolling for the summer and fall semesters, and October 1 for students enrolling for the spring semester. Applications received after the deadline will be awarded on a funds available basis.
The various sources used by students to receive financial aid such as scholarships, federal and state grants, institutional grants, work programs, and/or loan programs are combined to create the financial aid award. Questions regarding financial aid should be directed to the Director of the Office of Financial Aid (817/531-4420). International students should contact the Office of International Programs (817/531-5868).
General Policies for All Programs
1. Institutional funds awarded to students are restricted to the cost of tuition. Texas Wesleyan University reserves the right to re-name any institutional scholarships and/or grants with a named Endowment fund. If an award has been changed anytime during the academic year, the student will be able to view the change in Ramlink.
2. All students receiving financial aid from outside the University must notify the Office of Financial Aid of the source(s) and the amount(s) of such aid.
3. Financial aid awards are granted for one year beginning in the summer and may be renewed if the renewal requirements are met by the recipient. All required documents for financial aid renewal must be received by the Office of Financial Aid prior to appropriate priority awarding date each year to ensure renewal.
4. Students receiving financial aid based on financial eligibility as docu- mented through the FAFSA may not receive funds in excess of that student’s eligibility. Any student who has been “over-awarded” will have the awards reduced by the Office of Financial Aid so that the aid received will comply with all federal and state guidelines. When possible, the reduction will take place in either the employment or loan programs. Institutional aid may be reduced or cancelled due to an over award.
5. Students must enroll as full-time students in order to receive full-time financial aid. Full-time enrollment status for undergraduate students is defined as being enrolled in at least 12 credit hours at Texas Wesleyan University each semester. Financial aid awards will be prorated for students who enroll in a less than full-time status based on eligibility criteria and a funds availability basis.
6. Scholarship, grant, and loan funds will be credited to the student's University account at the earliest date allowed by federal regulation.
Financial Aid 53