STUDENT LOAN POLICY
A. Before a student loan application will be certified, the
following procedures will be in effect:
• Student must be employed for a minimum of ten hours per
week. • Employment will be monitored for one month.
• If employed off campus, regular payments must be
established and adhered to. • Student must attend an
entrance interview with financial aid personnel as required by
federal regulations.
B. Students in the Federal Student Loan Program will be required
to have an exit interview before taking course finals each semester.
C. Official transcripts will be withheld for students who default
on federal loans. An unofficial transcript will be provided, if
requested, and if all other requirements are met.
Federal PLUS Loans
Federal PLUS loans are for parents who want to borrow to help pay
for their children’s education. This loan provides additional funds
for education expenses and, like Federal Stafford Loans, is made by
a lender such as a bank, credit union, or savings and loan
association.
LEAP Program
Leveraging Educational Assistance Partnership (LEAP) is a program
that establishes a federal-state partnership to provide financial
assistance in the form of state grants to students who have
demonstrated financial need. Federal funds are provided to match
appropriated state funds supplied by the states on a dollar for
dollar basis. Each participating institution provides institutional
matching funds that are equal to the amount of funds provided by the
state for a LEAP Program. Awards range from $100 to $2,500,
depending on available funds. Students from Arizona determined to be
at need may be eligible.
Bureau of Indian Affairs Higher Education Grants
These grants are made available to eligible students who are
enrolled members of an Indian tribe. Students must meet the
requirements for their tribe and/or BIA
agency. |