I have the right to cancel any loan proceeds received via Electronic Funds Transfer up to fourteen days after the credit has been applied. We hope you find this page useful for remembering important deadlines, hearing about scholarship opportunities, and finding helpful resources to assist you throughout the financial aid application process. driver’s license, social security cards, etc. Apply for admission to California Lutheran University and be admitted or be a currently enrolled student who is continuing enrollment at Cal Lutheran for the following academic year. Cal Lutheran participates in the federal Direct student loan program with two programs be available for graduate and seminary students. Please refer to the Office of Financial Aid website for information on endowed Cal Lutheran Scholarships, private resources and other opportunities. ), Academic documents relating to high school diploma or college course work, Any university financial aid forms and related documentation. Borrowers may not exceed the total Federal Stafford limits set by the federal government. I will check my Cal Lutheran e-mail on a regular basis. There are many types of loan repayment programs listed on the www.studentloans.gov website. Failure to meet the minimum standards following a review will result in loss of financial aid eligibility. The complete policy is available on the CLU website at: Graduate SAP Policy. I have the right to know what student financial aid programs are available at Cal Lutheran. Cal Lutheran Cares Day (805) 493-3170 callutherancares@callutheran.edu 60 West Olsen Rd I have the right to cancel any loan proceeds received via Electronic Funds Transfer up to fourteen days after the credit has been applied. All additional information requested by the School Certifying Official to properly certify enrollment to the VA. Students must also be enrolled for the specified semesters or terms they will be receiving funds. Calculated through examining the number of units the student completes versus the number of units attempted; 3. More information about education benefits offered by VA is available at the official U.S. government Web site at https://www.benefits.va.gov/gibill. (Note, certain teacher certification students are only eligible for undergraduate level loans. Students must meet three components of Satisfactory Academic Progress (SAP) in order to retain eligibility for financial aid: 2. This is measured in terms of: Cumulative  hours completed/Cumulative hours attempted = PACE rate. But Cal Lutheran keeps it simple for everyone. Some scholarships require an additional application as indicated. Program completion prior to reaching 150 percent of the established program length. I am responsible for reading, understanding, and retaining copies of all forms I am asked to sign. Financial Aid Office Main 27 700 College Drive Decorah, Iowa 52101. I must keep the Financial Aid Office informed of my correct address at all times - while I am in school and after graduation - while any loans are outstanding. *Amounts are subject to change based on government regulations and allocations. I must complete all application forms accurately and submit them on time to the appropriate office. Students who qualify may enroll UCLA’s Army ROTC program and attend Cal Lutheran as a part of the Crosstown Partnership agreement. View Profile. If the calculation produces a credit to the students account (when the amount of aid earned is greater than the amount that has disbursed to the student's account) any grant funds will be applied to the account without notification. Over the last decade, Cal Lutheran teams have won 60+ SCIAC championships. Note: some of our scholarships cover more than the total cost of tuition and fees. More than 95% of our undergraduate students receive aid. Students are considered to be recipients of Title IV federal financial aid if they are eligible to receive or have received funds from one or more of the following programs for the academic term in questions: Federal Unsubsidized Direct Loan, Federal Subsidized Direct Loan,  Federal Direct Plus Loan, Federal Pell Grant, and TEACH Grant. Similarly, if circumstances change to increase financial need, consideration will be given to an increased award if funds are available. Please note if you are a work-study employee, you are no longer eligible to receive payment from Federal Work-Study funds effective immediately when you withdraw. We do our best to make sure everyone who is admitted to Cal Lutheran can afford it. In order to qualify for consideration, students must be officially admitted and have all required financial aid applications and documentation submitted prior to announced deadlines. A graduate assistantship provides a partial tuition remission award. Has children he or she financially supports more than 50%. Failure to do so may result in denial of further financial aid. Each scholarship listed here requires that you submit your FAFSA and complete a Cal Lutheran financial aid form. Review our financial aid webpages for information about Cal U's financial aid process. I must accept responsibility for all agreements I sign. Each semester, a limited number of assistantships are offered to qualified graduate/credential students. I must keep the Financial Aid Office informed of my correct address at all times - while I am in school and after graduation - while any loans are outstanding. Information about all requirements and the application process for graduate assistantships is available on the CLU website. Click on the"Graduate" tab at: Work Opportunities, Students are provided with student employment opportunities funded by the University. I will check my Cal Lutheran e-mail on a regular basis. Half-time = 3 Credits. I must complete all application forms accurately and submit them on time to the appropriate office. PLTS Scholarships are awarded on the basis of merit, financial need, and availability of funds. View Profile. Financial aid can be complex. Residence Life and Student Conduct has begun its RA hiring process for the 2021-2022 academic year! The Unsubsidized Direct Loan does accrue interest after funds are disbursed. Financial aid awards will be adjusted if receipt of additional resources results in a reduction of financial eligibility. To qualify for assistance, all students must complete the Free Application for Federal Student Aid (FAFSA) and the CLU Graduate Financial Aid Application each academic year. This is the maximum length of time for which the student may receive financial aid. If the aid is a loan, I must know to whom repayment is to be made and the terms of repayment. Has legal dependents (other than children or a spouse) he or she financially supports more than 50%. First day to file the FAFSA. The Title IV school code for California Lutheran University that students need to indicate on the FAFSA is 001133. These documents and information include, but are not limited to the following: The integrity of the information presented in the financial aid process is of the utmost importance. A school must report any credible information indicating that an applicant for Federal Student Aid may have engaged in fraud or other criminal misconduct in connection with his or her application. *To learn more about the SAP policy and other academic progress policies that affect continued eligibility for federal, state, and/or institutional funding, please refer to the SAP policy on the Office of Financial Aid website. I must accept responsibility for all agreements I sign. If the University determines that a student or parent has provided false information, or has submitted forged documents or signatures, the following steps may be taken without prior notification to the student or parent. For more help, contact the Office of Financial Aid by email (finaid@calu.edu) or phone (724-938-4415). If no confirmation is received by the Office of Financial Aid within 30 days, the loan will be cancelled. View Profile. SAP Requirements for PLTS Seminary Students: Free Application for Financial Aid (FAFSA), Documentation of U.S. Free Application for Financial Aid (FAFSA), Documentation of U.S. Please refer to the Office of Financial Aid website for information on Cal Lutheran Scholarships, private resources and other opportunities. Please contact the Office of Financial Aid for the most up-to-date information, The Direct Graduate PLUS Loan is a federal loan program to assist in financing a college education. Awards without specific instructions, will be applied to the student's account, in full, to the academic period selected by the Financial Aid Office. With over 100 years of experience, we can help you confidently plan your financial future. Important Note: Do Not Leave School With Out Officially Withdrawing. Non-Title IV programs (such as scholarships, grants, Cal Grant, and Alternative Loans) are not part of the Return of Title IV aid calculation; however they may be subject to reduction in cases of withdrawal based on institutional policy. If the calculation produces a credit to the student account (when the amount of aid earned is greater than the amount that has disbursed to the student's account) any grant funds will be applied to the account without notification. All students who wish to use their benefits shall submit a Certification Request Form (Located at www.callutheran.edu/veterans) each semester or term they wish to use GI Bill benefits. Cal Lutheran is a Yellow Ribbon University with experienced advisors who are skilled in helping you maximize your education benefits like the GI Bill®, the Yellow Ribbon Program and financial aid. I have the right to request an explanation of the various programs in my financial aid package. 3. Graduate and teaching credential students must be enrolled full-time for majority of institutional based scholarships. I have the right to know the deadlines (if any) for submitting applications for each financial aid program. It is available to Graduate students enrolled at least half time (at least 3 units per semester). Please contact the Student Accounts Office to determine the amount that the student will be charged for the time they were enrolled, students will also be charged for any amounts that must be returned due to the calculation and these balances must be paid by the student. I have the right to know how my financial need was determined, including how various expenses in my budget are considered. PLTS Tuition assistance grants are available to seminarians on the basis of need and availability of funds. It is the responsibility of the student to indicate they wish to be considered and participate in financial aid programs offered through Cal Lutheran. Students are considered to be recipients of Title IV federal financial aid if they are eligible to receive or have received funds from one or more of the following programs for the academic term in questions: Federal Direct Unsubsidized Loan, Federal Direct Subsidized Loan, Federal Perkins Loan, Federal Direct Plus Loan, Federal Pell Grant, Federal Supplemental Educational Opportunity Grant, and TEACH Grant. Cal Lutheran agrees to apply academic units earned in the ROTC programs to transfer in as elective credits toward graduation at Cal Lutheran. You are probably right about Scripps though, if you don't anticipate need based aid, the merit alone wouldn't get you below the 30k mark. This is measured in terms of: Cumulative  hours completed/Cumulative hours attempted = PACE rate. Education is a significant investment. Half-time = 6 Credits, Full-time = 6 Credits Students have the option of making interest-only payments or allowing interest to accrue. Federal regulations require that institutions establish and implement a policy to measure if a financial aid recipient is making Satisfactory Academic Progress (SAP). Student Consumer Rights and Responsibilities, Student Grievance and Complaint Procedure, https://www.callutheran.edu/veterans/forms.html, Department of Education's student loan webpage. If you 'walk away' from your courses and fail all of the classes you were enrolled in you will be considered 'unofficially withdrawn'. Students must meet the following components of Satisfactory Academic Progress (SAP) in order to retain eligibility for financial aid: 2. I have the right to know the deadlines (if any) for submitting applications for each financial aid program. Federal regulations require that the Office of Financial Aid complete a Return of Title IV calculation based on the midpoint of the term, which will significantly affect the amount of aid you will retain for the term. As students of California Lutheran University, veterans or their eligible dependents may be entitled to education benefits through Veterans Affairs. I have the right to know what resources are considered in the calculation of my awards. 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