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  Financial Aid at Vennard

 

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Our Philosopy

Vennard College admits students of any race, color, national origin, gender, or age to all the rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, age, national, or ethnic origin in administration of its educational policies, admissions policies, scholarships and loans programs, or athletic and other school-administered programs.

While various types of aid are readily available, the basic responsibility for financing a college education rests with the student and his/her family. Any financial aid is supplemental to the student's/family contribution.

A student's "financial need" is the difference between the cost of attending Vennard College and the total amount that a student and his/her parents can be expected to contribute toward that cost. While certain grants may be awarded on the basis of student's "financial need" as calculated determined by a need analysis which considers such factors as taxable and nontaxable income, taxes paid, size of family, number in college, assets, and the age of the parents.

The total amount of financial assistance from all sources may not exceed the student's established financial need.

Financial Aid is an ongoing process. Consequently, a student must be evaluated and may need to reapply each semester or every year.

Any student must be in good academic standing in order to receive financial aid-that is, making Satisfactory Academic Progress (SAP). Federal regulations state that students must maintain SAP in order to be eligible for Title IV Federal Financial Aid. According to the quantitative measure of SAP, the student must pass a minimum of 70% of the courses attempted. According to qualitative measure, they must have a grade point average of at least 2.0 on a 4.0 scale. A student must maintain SAP by the beginning of their fifth semester. All institutional grants and scholarships having GPA criteria are evaluated using an average of the two most recently completed semesters; however, the "look back" period must contain at least 24 credit hours. GPA evaluations are done after each semester.

All registration process paperwork, including Financial Aid paperwork, must be completed in its entirety, including all entrance fees and deposits, before any student will be eligible to obtain scholarships or be involved in extracurricular activities.

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