Financial 27 Information 29 - Arizona State UniversitySpecial class fees. Certain university classes...

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26 27 Residency Requirements 29 Tuition and Fees 30 Special Class Fees 33 Refunds 34 Financial Aid 35 Types of Financial Aid and Major Programs Financial Information

Transcript of Financial 27 Information 29 - Arizona State UniversitySpecial class fees. Certain university classes...

Page 1: Financial 27 Information 29 - Arizona State UniversitySpecial class fees. Certain university classes require payment of fees for materials, break-age, rentals, supervision and/or other

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27 Residency Requirements

29 Tuition and Fees

30 Special Class Fees

33 Refunds

34 Financial Aid

35 Types of Financial Aid and

Major Programs

FinancialInformation

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Residency classification policiesThe Arizona Board of Regents is required bylaw to establish uniform guidelines and crite-ria for classifying students’ residency todetermine those students who must pay non-resident tuition. The following is a summaryof the guidelines used to determine residencyfor tuition purposes. A complete explanationof the Arizona Board of Regents’ residencyclassification policies is available inRegistration Services, University CenterBuilding 120.

To obtain resident status for tuition purposes,independent students must establish theirresidence in Arizona at least one year imme-diately before the last day of regularregistration for the semester in which theypropose to attend ASU West. Arizona resi-dence is generally established whenindividuals are physically present in the statewith the intention of making Arizona theirpermanent home.

Mere physical presence in Arizona for oneyear does not automatically establish resi-dency for tuition purposes. Adult studentsand emancipated minors must be physicallypresent in Arizona for one year, be self-sup-porting for two full tax years, and showobjective evidence of their intent to makeArizona their permanent home. If thesesteps are delayed, the one-year period isextended until both presence and intent havebeen demonstrated for one full year. In addi-tion to physical presence and intent, thestudent must demonstrate financial inde-pendence for the two tax years immediatelypreceding the request for resident classifica-tion. The student must demonstrate

objective evidence of self-support and thathe/she was not claimed as an income taxdeduction by his/her parents or any otherindividual for two years. An adult student isdefined as being at least 18 years of age atthe beginning of the domicile year.

No person is considered to have gained orlost resident status merely by attending anout-of-state educational institution.

Aliens. Students who are aliens are subject tothe same requirements for in-state residencyas are U.S. citizens. In establishing domicile,aliens must not hold a visa that prohibitsestablishing domicile in Arizona.

Exceptions to the general residency ruleStudents may be eligible for resident statusfor tuition purposes if they can meet one ofthe following criteria on or before the lastday of regular registration.

Legal dependents. If a student and his or herparents reside in Arizona and have not metthe one-year residency requirement but theparents are entitled to claim the student as adependent for federal and state tax purposes,the student may be eligible for resident statusfor tuition purposes.

Transferred employees. If students are domi-ciled in Arizona and have not met theone-year residency requirement but areemployees or spouses of employees who havebeen transferred to Arizona by their employ-ers for employment purposes, the studentsmay be eligible for resident status for tuitionpurposes.

Residency Requirements

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Members of the military. If students are notdomiciled in Arizona but are members of theU.S. Armed Forces stationed in Arizona orare the spouses or dependent children of amember (as defined in A.R.S. § 43-1001), thestudents may be eligible for resident statusfor tuition purposes. If military service isconcluded while they are enrolled, studentsdo not lose resident status while they arecontinuously enrolled in a degree program.

If individuals are domiciled in Arizona imme-diately before becoming members of the U.S.Armed Forces, they do not lose resident sta-tus because of their absence while on activeduty with the military as long as they main-tain Arizona affiliations and state tax filingstatus consistent with a claim to Arizona resi-dence during their absence.

Native Americans. Students who are membersof a Native American tribe whose reservationlies both in Arizona and an adjacent stateand who are residents of that reservationmay be eligible for resident status for tuitionpurposes.

Refugees. Refugees may qualify as in-statestudents by virtue of having been grantedrefugee status in accordance with all applica-ble laws of the United States and having metall other requirements for residence inArizona.

Procedures for establishing residency statusAll students are responsible for obtaining res-idency classification for tuition purposesbefore registering and paying their fees. Thisprocedure requires students to complete andfile a domicile affidavit form. This form isrequired of all new and returning students aspart of the admission or readmission process.

Students classified as nonresidents, whobelieve they may qualify for resident status,must file a petition with the ResidencyClassification Office. This petition must befiled by the last day of regular registration.Petitions may be obtained from RegistrationServices and may be submitted through thatoffice. A student seeking resident status mustalso file supporting documentation, such assource(s) of support, driver’s license, voter’sregistration, vehicle registration, etc.Students whose residency petitions are inprocess at the fee payment deadline areresponsible for paying nonresident tuition.However, an appropriate refund is issued ifresidency is later granted for that semester.

Any student found to have made a false ormisleading statement concerning residency ortuition status is subject to dismissal from theuniversity.

Failure to file a timely written petition forreclassification of residency status for tuitionpurposes constitutes a waiver of the student’sright to apply for the given semester. Petitiondeadlines are published each semester in theASU West Schedule of Classes.

Residency classification is an extremelycomplex issue. The information presentedhere is a summary and does not addresseach individual’s situation; therefore, stu-dents are encouraged to make a personalvisit to Registration Services to discuss theirindividual circumstances. Guidelines fordetermination of residency for tuition pur-poses are subject to review and changewithout notice. For more information, callRegistration Services, (602) 543-8203,or visit www.asu.edu/registrar/residency.

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Fees, deposits, and other chargesThe following fees apply to both credit andnoncredit (audit) registrations and are subjectto change. The Arizona Board of Regentsreserves the right to change fees and chargeswithout notice. The current semester ASUWest Schedule of Classes generally reflects theup-to-date fee amounts.

Academic year resident tuition and nonresident tuitionThe resident tuition and nonresident tuitionfor fall and spring semesters are shown inthe “2001-2002 Resident and NonresidentTuition” table. The amounts listed are peracademic semester. “Resident tuition” refersto the charge assessed to all resident stu-dents who register for classes at ASU.“Nonresident tuition” refers to the chargeassessed to nonresident students, as estab-lished in Arizona Board of Regents’Policy 4-102.

For information on in-state versus out-of-state residency classification, see “ResidencyRequirements” on page 27.

Resident students registered for seven ormore hours are considered full-time for feepayment purposes. The rate for one hour ischarged if the student is registered for a one-hour or a zero-hour class.

Summer sessions fees. The 2002 registrationfee for credit or audit enrollment is $126 persemester hour for all courses. See theSummer Sessions ASU West Schedule of Classes.

2001-2002 Resident and Nonresident Tuition*Semester Resident NonresidentHours Tuition Tuition0-1 $ 126 $ 428

2 252 8563 378 1,2844 504 1,7125 630 2,1406 756 2,5687 1,206 2,9968 1,206 3,4249 1,206 3,852

10 1,206 4,28011 1,206 4,70812 or more 1,206 5,139

* In addition to tuition, students are charged for other fees (e.g., special class fees and financial aid trust fee).

Special class fees. Certain university classesrequire payment of fees for materials, break-age, rentals, supervision and/or other relatedexpenses. These fees are listed in the SpecialClass Fee table on page 30. Since fees changeor are sometimes added to, or deleted fromthe list, students should consult the ASUWest Schedule of Classes for current fees.

Financial Aid Trust fee. All students must pay aFinancial Aid Trust Fee. Full-time (seven ormore hours) students are charged no morethan one percent of the current registrationfees. The fee for students enrolled in six orfewer hours is half that charged full-time stu-dents. The total summer sessions fee doesnot exceed the amount for a full-time stu-dent. Fees collected from students arematched by the State of Arizona and used tocreate a Financial Aid Trust Fund, fromwhich student grants are awarded under theusual financial aid eligibility criteria.

Tuition and Fees

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Course FeeAJS 484 Internship $20ART 301 Photography II 25ART 304 Advanced Photography 25ART 314 Life Drawing II 20ART 315 Life Drawing III 20ART 325 Figure Painting 20ART 414 Advanced Life Drawing 20ART 425 Advanced Figure Painting 20ART 598 ST: Life Drawing 20ART 598 ST: Figure Painting 20BIO 100 The Living World 25BIO 181 General Biology 25BIO 182 General Biology 25BIO 301 Field Natural History 25BIO 310 Special Problems/Techniques 25BIO 360 Animal Physiology 25BIO 370 Vertebrate Zoology 25BIO 385 Invertebrate Zoology 25BIO 386 General Entomology 25BIO 471 Ornithology 25BIO 473 Ichthyology 25BIO 474 Herpetology 25BIO 480 Methods of Teaching Biology 10BLE 401 Teaching Science and

Social Studies 10BLE 478 Student Teaching 25BLE 496 Field Experience 10CHM 113 General Chemistry 25CHM 115 General Chemistry

w/Qualitative Analysis 25COM 484 Internship 10COM 584 Internship 20DCI 396 Field Experience I 10DCI 397 Field Experience II 10ECD 496 Field Experience 10EED 320 Teaching Science to Children 10EED 401 Teaching Science and

Social Studies 10EED 478 Student Teaching 25EED 496 Field Experience 10EED 578 Student Teaching 25GLG 111 Geological Disasters

and the Environment Lab 10HES 301 Adult Fitness 20HES 302 Adult Fitness 20HES 303 Adult Fitness 20HES 394 ST: Group Fitness 20IAP 352 Seeing and Drawing 20IAP 353 Contemporary Figure

Drawing I 20IAP 453 Contemporary Figurative

Painting 20IAP 455 Contemporary Figure

Drawing II 20

Course FeeIAP 494 ST: Life Drawing $20IAP 598 ST: Life Drawing 20IAP 598 ST: Figure Painting 20LSC 346 Zoo Biology 25PLB 300 Comparative Plant Diversity 25REC 484 Senior Internship 20SED 478 Student Teaching 25SED 496 Field Experience 10SED 578 Student Teaching 25SPE 478 Student Teaching 25SPE 496 Field Experience 10SWG 540 The Professional Experience 20SWG 543 The Professional Experience 20SWG 645 The Professional Experience 20SWG 646 The Professional Experience 20SWU 412 Field Instruction I 20SWU 414 Field Instruction II 20

Arizona Students’ Association (ASA) fee. TheArizona Students’ Association is a non-profit,higher education, advocacy organization thatrepresents Arizona public university studentsto the Arizona Board of Regents, StateLegislature, and U.S. Congress. During1997, students at the state universities votedto change the mechanism for funding theASA to a $1 fee, which will be charged toeach student each semester. Any refunds forthis fee will be provided through ASACentral Office at (480) 966-6358.

Student Recreation Complex fee. All students(except university employees) who take atleast one class at ASU Main must pay amandatory Student Recreation Complex fee.Full-time (seven or more hours) students arecharged $25 per semester. Part-time studentspay $12 per semester and summer studentspay $2 per semester hour. See the currentsemester ASU West Schedule of Classes for fur-ther information.

Graduate Professional Program fees. Specializedfees adopted by the Arizona Board ofRegents for selected graduate professionalprograms include School of ManagementMaster of Business Administration effectivefor students admitted fall 1998 and beyond.

ASU WEST SPECIAL CLASS FEES

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Late registration. A $35 fee is assessed on regis-trations processed on or after the first day ofeach session. A $35 administrative fee will beassessed on registration payments receivedafter fee payment deadline but processedbefore the class enrollment purge.

Payment deadlines and methodsPayment deadlines. Registration fees must be paidby the deadline dates and times indicated or theregistration is voided. A fee payment deadlineis printed on all Schedule/Billing Statementsand in the current semester ASU WestSchedule of Classes.

Payment may be made by credit card (Visa orMasterCard only), debit card, cash, check,money order, or financial aid or by sponsoredagencies.

InTouch. The InTouch system, at(480) 350-1500, allows students to make feepayments from any touch-tone phone, inaddition to registering for classes and imple-menting drop/add. Fees can be paid fromany touch-tone phone with available finan-cial aid, debit cards, Visa, and MasterCard.Refer to the current semester ASU WestSchedule of Classes for available dates andtimes, and further information about theInTouch system.

Checks. Checks payable for the exact amountof charges and without a restrictive endorse-ment are generally acceptable, except forstudents on check use suspension due to apreviously returned check.

Debit/credit card. Debit card, VISA orMasterCard payments are subject to authori-zation by the issuing bank. If authorization isdenied, the registration payment cannot beprocessed and class registration will be lost.

Financial Aid. Students receiving financial aidmay use their expected aid to pay tuitionand fees. Students who wish to do so must

follow specified procedures. See the currentASU West Schedule of Classes for furtherinformation.

Returned checks and credit card payments.Checks or credit card payments returned bya bank are assessed a $15 service charge withrepayment needed within five business daysof notification. A second $15 service chargeis made if the returned check or credit cardpayment is not repaid within this five-dayperiod. Repayment of a returned check orcredit card must typically be in cash.

Students paying tuition and fees with a check orcredit card that is subsequently not honored by afinancial institution are subject to involuntarywithdrawal from the university if repayment isnot made. All students involuntarily withdrawnare charged tuition and fees according to the stan-dard refund schedule as of the involuntarywithdrawal date, as determined by the university.

Other fees and chargesAdmission application.

Resident Nonresident*Undergraduate

Degree 0 $40Nondegree 0 $40

GraduateDegree $45 $45Nondegree $15 $15

* Also includes resident students applying from out-of-state.

Admission application fees must be paid atthe time of application. Graduate studentsmust pay fees unless they have been enrolledas an ASU graduate student or paid theapplication fee within the past calendar year.

Transcripts. Official transcripts for currently enrolled students . . . . . . . .$1 eachOfficial transcripts for nonenrolled students . . . . . . . . .$5/1st copy

Additional copies ordered at the same timeare $1 each. Requests for official transcriptsshould be made at least two weeks in advanceof the time desired.

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Copies of educational records other than ASU West transcripts.

TotalNumber of Pages Charge1to 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . .Free6 to 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . .$211 to 15 . . . . . . . . . . . . . . . . . . . . . . . . . . .$3

Copies of additional pages cost $1 for eachfive pages copied.

Graduation application or reapplication.Undergraduate . . . . . . . . . . . . . . . . . . . .$12Graduate . . . . . . . . . . . . . . . . . . . . . . . . .$17

A late fee of $5 is added to the charge notedif not paid on or before the deadlines shownin the “University Calendar,” pages 3-4.

Sun Card (ID) card.Replacement fee . . . . . . . . . . . . . . . . . . .$10

Comprehensive examination. This fee is paid byall students seeking to establish credit byexamination and is $50 per semester hour.

Parking violations. Fines for parking violationsrange from $10 to $50. Appeals of parking cita-tions must be filed, within 14 calendar days fromthe issuance date, with the appeals officer and,after payment, may be further appealed to theParking Citation Appeals Board.

Delinquent financial obligationsArizona Board of Regents’ Policy 4-103,B,which applies to ASU, states the following:

1. Each university shall establish proceduresto collect outstanding obligations owed bystudents and former students.

2. Each university shall maintain a systemto record all delinquent financial obligationsowed to that university by students and for-mer students.

3. Students with delinquent obligationsshall not be allowed to register for classes,receive cash refunds or obtain transcripts,diplomas or certificates of degree. The uni-versity may allow students to register forclasses, obtain transcripts, diplomas or certifi-cates of degree if the delinquent obligation is$25 or less.

4. Unpaid obligations shall remain a matterof record until students and former studentssatisfy their financial obligations or until sat-isfactory arrangements for repayment aremade with the university.

5. The university may write off delinquentfinancial obligations of students according toaccepted accounting principles and afterappropriate collection efforts. No such write-off shall operate to relieve the student ofliability for the obligation nor shall suchwrite-off entitle the student to release of anytranscript, diploma or certificate of degree orto register for further university classes untilsuch obligation is actually paid.

6. Each university shall include this policyin its bulletin or catalog.

A late charge of $12 is made for any balancesdue the university not paid within 30 days ofthe initial due date, with a second $12 latecharge being made if these amounts are notpaid within 30 days of the first late charge,and a third $12 late charge is assessed if thesecharges are not paid within 60 days of thefirst late charge.

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Academic year resident tuition and nonresidenttuition. Students withdrawing from school orindividual classes receive a refund as follows:

Withdrawal Date . . . . . . . . . . . . . . . . .RefundBefore first day of 100% less

the semester . . . . . . . . . . . . . . . . . . . . .$35One through 7 calendar days . . . . . . . . .80%8 through 14 calendar days . . . . . . . . . .60%15 through 21 calendar days . . . . . . . . .40%22 through 28 calendar days . . . . . . . . .20%After the 28th calendar day . . . . . . . . . .none

Students receiving financial aid and attend-ing the university for the first time willreceive a prorata refund. The refund sched-ule provided above reflects the minimumamount of money that will be refunded tothese students.

The exact dates of the refund schedule arelisted in the current semester ASU WestSchedule of Classes.

Withdrawal occurs on the calendar day thatwithdrawal is requested, either in person at aregistrar site or by phone using InTouch, theASU West touch-tone telephone system forregistration and fee payment. Students with-drawing for medical reasons or otherextenuating circumstances may contact theStudent Accounts Office, University CenterBuilding 101, for refunds that may be avail-able under these circumstances.

Summer sessions fees. Students withdrawingfrom any summer session or individual sum-mer classes receive a refund as follows:

Withdrawal Date . . . . . . . . . . . . . . . . .RefundBefore first day of the session . . . . . . .100%* First and second days of session . . . . . . .80%Third day of session . . . . . . . . . . . . . . . .60%Fourth day of session . . . . . . . . . . . . . . .40%Fifth day of session . . . . . . . . . . . . . . . .20%After the fifth day of session . . . . . . . . .none*A $35 processing fee is subtracted per session.

Workshop and short courses. Students with-drawing from a workshop or short courseprior to the first scheduled class day mayreceive a full refund minus a $35 fee.Students withdrawing the first class day mayreceive an 80% refund. No refunds will bemade after the first class day.

Special class fees. Refunds of special class feesare processed automatically if the relatedcourse is dropped during the first week ofclass. After the first week, refunds, if any, aredetermined by the department offering thecourse. Refund determination is based onwithdrawal date, type of activity, and costsalready incurred by the department.

Late registration. These fees are not refundable.

Student Recreation Complex fee.* This fee isrefundable only upon complete withdrawalin percentage increments per the refundschedule.*For those students taking one or more classes at ASU Main.

Admission application fee. This fee is notrefundable.

Arizona Students’ Association (ASA) fee. Anyrefunds for this fee will be provided throughASA Central Office at (480) 966-6358.

Financial Aid Trust fee. This fee is not refundable.

Graduate Professional Program fee. Studentswithdrawing from school or individual classesreceive a refund of Graduate ProfessionalProgram Fees in accordance with the tuitionrefund schedule.

Official transcripts. Overpayments by mail of$5 or less are only refunded by specificrequest.

Refunds

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Graduation fee. Overpayments by mail of $5 orless are only refunded by specific request.

Other university charges. Other universitycharges are normally not refundable, unlessindividual circumstances warrant.

Payment of refunds. When the last day of arefund period falls on a weekend or holiday, awithdrawal form must be submitted to one ofthe registrar sites no later than the workday

preceding the weekend or holiday. Refundsare normally paid by check and are mailed tothe student’s local address.

Forfeiture of refunds. Refunds are subject toforfeiture unless obtained within 90 days ofthe last class day of the semester for whichthe fees were originally paid.

Financial assistance is available in the form ofscholarships, grants, loans, and employment.Programs are funded by a variety of sourcesincluding the university, alumni, privatefoundations, and individuals, as well as thestate and federal governments. Financial AidServices believes that students and their fami-lies will pay for their education to the best oftheir ability. All aid applications are evaluatedand whenever possible assistance is offered tomeet the cost that exceeds the parent andstudent contribution. Financial Aid Servicesdetermines the average cost of attendancewhile the expected contribution is deter-mined by a standard needs analysis system.

To be considered for need-based scholar-ships, grants, loans, or federal work-study,students must complete an application sepa-rate from the admission application. TheFree Application for Federal Student Aid(FAFSA) form should be submitted inJanuary or February preceding the academicyear the student plans on attending ASUWest. The priority deadlines for completedapplications are March 1 for fall semester andNovember 1 for spring semester. If an appli-cation is received after the priority date, thestudent will be less likely to receive grantsand scholarships due to funding limitations.

An application acknowledgment letter is sentto all applicants as an indication that ASUWest has received the financial aid applica-tion. The letter lists the average costs forattending college and any required documen-tation (e.g., tax returns, income verifications,social security verifications, etc.) that must besubmitted in order to receive a financial aidaward from ASU West.

A Financial Aid Notification (FAN), theaward letter, is the next correspondence thatall applicants receive, provided their files arecomplete. The FAN letter lists the types andamounts of aid that the student is eligible toreceive through ASU West. Students mustrespond to their FAN letter by returningthe enclosed acceptance response form, orby accepting via Financial Aid ServicesThrough Technology (FASTT) phone at(480) 968-4400 within 30 days.

It is the student’s responsibility to notifyFinancial Aid Services of any changes in cir-cumstances that might affect eligibility (e.g.,loss of income, change in anticipated hours,change to resident status). Students receivingfinancial aid who withdraw from the univer-sity will have their financial assistancereevaluated in accordance with federal and

Financial Aid

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institutional refund policies. Refund policiesare published in the Schedule of Classes.

Students receiving aid are required to meetminimum standards of satisfactory academicprogress. In addition to maintaining the min-imum GPA defined for good academicstanding, undergraduate students awarded asfull-time students must complete a minimumof 24 semester hours within the academicyear. Failure to meet these standards resultsin the suspension of aid funds for subsequentsemesters until the deficiency is satisfied.

Use Financial Aid to hold classes. If a studentexpects a financial aid award, he/she shoulduse the InTouch Registration and Tuition

Payment system, (480) 350-1500, to holdclasses. If the balance owed for tuition andfees exceeds the amount of financial aid, thestudent must pay for classes with cash, check,or credit card. Classes not held with financialaid or personally paid for will be dropped.

Information about Financial Aid is alsoavailable on the office’s website atwww.west.asu.edu/stuaffairs/fa/safs.html.Students may access their personal financialaid files by calling the FASTT phone serviceat (480) 968-4400.

There are four categories of financial aid:

1. scholarships;2. grants; 3. employment; and4. loans.

ScholarshipsThere are two sources of scholarships atASU West — university funded and privatedonor scholarships. Many scholarships areoffered on the basis of merit. However,financial need criteria may also be includedin the selection of recipients. Other consider-ations are GPA, leadership qualities, andcommunity service. Information about schol-arships is available at the Financial AidServices office, on the office website:www.west.asu.edu/stuaffairs/fa/safs.html, andin appropriate academic unit/programoffices.

The largest source for university fundedscholarships is the Arizona Board of Regents’authorized Waiver Program. In addition,many scholarships are funded from a GeneralEndowment Fund. University scholarshipsare awarded to students who demonstrateleadership, financial need, scholastic or scien-tific abilities.

The deadline to apply for these awards is inearly spring. Students are encouraged tocontact Financial Aid Services or visitwww.west.asu.edu/stuaffairs/fa/safs.html toobtain the application deadline date.

Most of the private donor funds available areprovided by employers, private individuals,organizations, and corporations. Privatedonors may use criteria determined by theFinancial Aid Services office to identify can-didates, or they may require a separateapplication process.

Types of Financial Aid and Major Programs

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GrantsGrants are awarded to students withoutfuture payment or service obligation. Grantsare awarded on the basis of financial need,and in many cases, exceptional need.

Federal Pell Grant. The Federal Pell Grantprogram is funded by the federal governmentand is a basic financial resource to low- andmoderate-income students. Eligibility isdetermined by the federal governmentthrough the financial aid application process.A student may be eligible for a maximumgrant of $3,750 for 2001-2002 (subject tochange).

Federal Supplemental Educational OpportunityGrant. Funds are received from the federalgovernment and awarded by the university.Students demonstrating exceptional financialneed, based on a specific calculation, willreceive funds from this program. Generally,students with Pell Grant eligibility are eligi-ble for a supplemental grant, provided thatfunds are available. Awards range from$600 - $1,000.

State Student Incentive Grant. Students withhigh financial need may receive this form offunding. This program is restricted toArizona residents. The maximum grant is$1,250.

Financial Aid Trust Grant. This grant source isprovided in partnership between ASU Weststudents and the state legislature. Thesefunds are provided to resident, undergradu-ate students with high financial need.

University Grant West. This grant is for studentsadmitted to ASU West degree programsonly, and is awarded to students who demon-strate financial need.

EmploymentAt ASU West employment opportunities areavailable for students to not only earn funds,but to gain experience in areas related totheir majors or career interests.

Federal Work-Study. Funds for this program areprovided by the federal government and theuniversity. Students employed under thisprogram receive the same pay rates as otherstudents employed at the university, and allstudents are paid bi-weekly. For participationin this program students must demonstrateneed and be enrolled at least half-time.

Hourly on-campus. The university, with its ownresources, hires many students on a part-timebasis. Although the jobs are similar to theFederal Work-Study program, the universityprovides the entire amount of the student’swage. Hourly employed students must beenrolled for a minimum of one credit hour.

Part-time off-campus. The Financial AidServices office acts as a referral source to thecommunity surrounding ASU West. Theuniversity receives requests for assistancefrom many local agencies and corporations tohelp them recruit and hire students on apart-time basis.

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LoansMore than 1,300 ASU West students borrowapproximately $9 million annually. A varietyof loan programs is provided to assist stu-dents and, in some cases, parents in thefinancing of a university education.

William D. Ford Federal Direct Loan Program.Through the William D. Ford FederalDirect Loan Program, the federal govern-ment provides guaranteed loans to eligiblestudents. The university must, through aneeds analysis process, determine each appli-cant’s eligibility. Repayment of the loans ismade after graduation. For new borrowers,there is a variable interest rate that isadjusted annually and cannot exceed 8.25%.Grace periods, deferment opportunities, andconsolidation options exist for borrowersafter graduation.

There are two types of loans — subsidizedand unsubsidized. Students awarded aWilliam D. Ford Federal Direct SubsidizedLoan have demonstrated need and the loaninterest will be paid by the federal govern-ment while the student is in school or indeferment.

A student without demonstrated financialneed can receive a William D. Ford FederalDirect Unsubsidized Loan, and will be respon-sible for the interest payments from thebeginning of the loan period. However, theinterest will be capitalized unless the studentchooses to pay the interest while in school.

The combination of subsidized and unsubsi-dized loans borrowed by independentundergraduate students cannot exceed: year 1 - $6,625; year 2 - $7,500; year 3 - $10,500; year 4 - $10,500.

The combination of subsidized and unsubsidized loans borrowed by dependentundergraduate students cannot exceed: year 1 - $2,625; year 2 - $3,500; years 3, 4, 5 - $5,500.

Graduate students may borrow both subsi-dized and unsubsidized loans. The maximumamounts are $8,500 per year in subsidizedloans, and $10,000 per year in unsubsidizedloans.

Federal Perkins Loan. In this program, theuniversity lends federal funds to eligibleundergraduate and graduate students. Loansare repaid directly to the university at a 5%interest rate that begins nine months aftergraduation. No interest is charged or accu-mulated during enrollment. Deferment andcancellation provisions are available for com-munity service as well as qualifying lawenforcement and teaching occupations.

Federal Parent Loans for Undergraduate Students.The Federal Parent Loan for UndergraduateStudents (PLUS) is available to help parentborrowers finance their children’s education.There is no interest subsidy and lendersdetermine the parents eligibility based oncredit worthiness. Repayment of parent loansbegins 60 days after the loan is made. Themaximum loan amount is determined by sub-tracting all other financial aid awarded fromthe average cost of attendance.

Alternative loans. For information and advise-ment about alternative loan programs,contact the Financial Aid Services office at(602) 543-8178.

Payment plans. Students or parents interestedin payment plans should contact StudentAccounts at (602) 543-6708.

Page 13: Financial 27 Information 29 - Arizona State UniversitySpecial class fees. Certain university classes require payment of fees for materials, break-age, rentals, supervision and/or other

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Taxability of financial aid programsScholarships, grants, fellowships, andstipends (but not loan funds) are taxableincome to the recipient, except for theportion of these funds used for tuition, regis-tration, and other university fees, or books,supplies, and equipment required for thecourses being taken. Special tax regulationsalso apply to nonresident alien students andmay require withholding of taxes at the timeof aid disbursements to these individuals.Information on the taxability of scholarshipscan be obtained from the following InternalRevenue Service (IRS) publications andforms: Publication 4-Student’s Guide to FederalIncome Tax; Publication 519-U.S. Tax Guidefor Aliens; Publication 520-Scholarships andFellowships; Form 1040EZ and Instructions-Income Tax Return for Single and JointFilers with no dependents; and Form1040NR and Instructions-U.S. NonresidentAlien Income Tax Return.

These publications and forms can beobtained from the IRS at its toll-free number1 (800) 829-FORM (3676). These publica-tions and forms can also be accessed online atwww.irs.ustreas.gov/prod/forms-pubs.

Veterans benefitsVeteran Services provides assistance toveterans eligible for VA educationalbenefits. Services include enrollmentcertification, benefits advisement forChapter 32 VEAP, Chapter 30 MontgomeryGI Bill, Chapter 31 Voc-Rehabilitation,Chapter 35 Dependent/ Survivor, Chapter106 Reservists, and assistance with theuniversity admission/ registration process.Additional information is available onlineat www.west.asu.edu/stuaffairs/sava.html

Veteran Services is located in UniversityCenter Building 120 (602) 543-8220.