May 14, 2024  
2003-2004 Undergraduate Catalog 
    
2003-2004 Undergraduate Catalog [ARCHIVED CATALOG]

Financial Aid Information


 

General Information

Nazareth College encourages students who feel that they and their families are unable to afford the full cost of a private education to apply for all sources of financial aid for which they may be eligible.

Qualifying students will receive a financial aid “package” composed of a combination of scholarship, grant, loan and job assistance, which will vary according to demonstrated need and individual circumstances. Awards are renewed annually, contingent upon satisfactory academic progress and program pursuit and, when applicable, timeliness of application and continued demonstrated need for assistance.* Scholarship students must meet other qualifications, such as maintaining a particular GPA (cumulative grade point average).

* See TAP stanards and under “Academic Standing” for information on general college standards which apply to all federated programs.

All inquiries about financial assistance and scholarships should be directed to the Financial Aid Office, Nazareth College.

Currently matriculated students attending full-time and those admitted to a degree program are eligible to apply. Matriculated part-time students are also eligible for some programs. Students matriculated under “Early Admission” are not eligible until they complete their high school program. Students enrolled in a study abroad program approved for credit by the college will be considered enrolled and eligible for Title IV assistance processed by the college. For study abroad, students must qualify academically and apply for a consortium agreement at the Financial Aid Office.

Prospective applicants for financial aid should file a Free Application for Federal Student Aid (FAFSA) each year as soon after January 1 as accurate income information can be obtained. This form is the document necessary to apply for all types of federal student aid administered by the college. February 15 is the priority date for entering students to file the FAFSA application for campus gift assistance as well as Federal SEOG, Federal Work Study and Federal Perkins Loan Programs. Early Decision candidates should file the College Scholarship Service’s Profile form by December 1st and the FAFSA by February 15. Returning Nazareth students should file the Renewal FAFSA no later than April 15 each year. Separate applications are available for state grant programs such as TAP and for the various Federal Family Education Loan Program (FFELP) loans.

Financial aid awards to newly admitted students are made on a rolling basis, usually within two weeks of receipt of the electronically processed FAFSA at the Financial Aid Office. Awards may be renewed each undergraduate year provided that varying requirements such as timeliness of application, continued demonstrated need, successful grades or program participation are met. It is the policy of the college to maintain the commitment of financial assistance made for freshman year whenever justifiable.

Returning students who have filed their FAFSA in a timely fashion will hear about renewed awards in June. Unless otherwise indicated, awards are credited one half to each semester.

Additional Financial Aid Information