Financial Assistance
Enrollment Requirements
Immaculata University (the University) provides tuition assistance to all students enrolled in matriculated degree seeking programs including full-time College of Undergraduate Studies (CUS) and College of Nursing and Health Professions (CNHP) students. The purpose of tuition assistance is to make attendance at the University more affordable for eligible students. The University may use other methods including but not limited to discounts, adjustments, endowments or grants to make tuition affordable. Should the University apply any of these or other methods to the student’s University bill, the amount of the University tuition assistance can be reduced at the University’s sole discretion.
The University does not contract with the student nor guarantee to the student upon acceptance to the University, that the terms and conditions for the offer and acceptance of tuition assistance will not change during the student’s enrollment at the University. An offer and acceptance of tuition assistance is required for each academic year. The financial aid may be revised at the sole discretion of the University due to corrections, changes in federal or state regulations, or funding levels.
Tuition assistance is applied toward comprehensive annual tuition paid to Immaculata. Tuition assistance may not be applied to room and board or other fees or charges. Tuition assistance is not applied to tuition charged by any other institutions. The University may replace any form of tuition assistance, in part or full, with other University aid at any time during the student’s enrollment as a full time undergraduate student.
Tuition assistance in the form of Immaculata Academic Scholarships and Immaculata University Grants are given to full time, undergraduate, matriculated, degree seeking undergraduate students who will complete a minimum of 12 credits in the fall and a minimum of 12 credits in the spring semester with the goal of graduation in four academic calendar years. If a student changes enrollment to part time program, they are not eligible for the Immaculata Academic Scholarships nor the Immaculata University Grants. If a student goes beyond the eight semesters, takes a semester to study abroad, withdraws or stops out for a semester, goes below half time for a semester, studies all online for a semester or enrolls and pays tuition at any other institution, the student is not eligible for Immaculata Academic Scholarships or Immaculata University Grants during that time. For these purposes, a semester is defined as a spring semester or a fall semester. Immaculata aid, scholarships and grants apply only to tuition paid for the spring and the fall semesters. Failure to maintain minimum academic standards, withdrawal, and disciplinary action are cause for adjustments or cancellation of any or all University scholarships, grants or financial aid.
Financial Assistance Policy
Immaculata assists academically capable and qualified students who might otherwise be unable to obtain an education at Immaculata. The Office of Financial Aid provides aid to all students with documented financial need without regard to race, color, creed, gender, handicap, and national or ethnic origin. All students are encouraged to apply for admission regardless of financial need. All admission decisions are made without respect to the applicant’s financial need.
Immaculata expects parents and students to contribute toward the cost of the student’s education. To the extent that funds are available, a student’s financial aid package will contain both gift (grants and scholarships) and self-help (employment and loans) forms of assistance.
Applicants for financial aid must meet Federal criteria of U.S. citizenship or be eligible non-citizens to receive need-based aid. To qualified students, Immaculata offers financial aid in the form of scholarships, loans, grants, and campus employment on the basis of the applicant’s academic promise and financial need, and within the limits of the funds available. About 90% of the students in the College of Undergraduate Studies receive some form of financial assistance.
The Office of Financial Aid acts on the applications of entering students only after a candidate has been accepted for admission. Applications from veterans should indicate the extent of eligibility for Veterans’ Benefits.
Application Procedures
Consideration for financial assistance is awarded on an annual basis for one year only and renewal is not automatic. All forms of financial aid must be reapplied annually. In addition to complying with renewal criteria for the different aid programs described in the following sections, students who wish to be considered for financial aid must submit all required applications.
Filing Requirements For First-Time Students
All incoming first-time students are encouraged to complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is available beginning October 1 for the next academic year and may be completed via the internet at www.studentaid.gov or by calling 1-800-433-3243. Immaculata’s Department of Education Code for filing the FAFSA is 003276. Prior to enrollment, all official final high school or G.E.D. and/or post-secondary academic transcripts are required from each previously attended institution for determining grade level for loan eligibility. Students interested in pursuing a Direct Stafford Loan must complete a loan entrance interview online as well as complete and sign a Master Promissory Note online at www.studentaid.gov. All awarded students will be notified of their aid eligibility and any required supporting documentation to be completed and submitted for receipt of funds.
Financial Assistance Application Procedures For Transfer Students
Transfer students must follow the same application procedures as all other financial aid applicants by submitting the FAFSA. Prior to enrollment, all official final academic transcripts are required from each previously attended institution for measuring the satisfactory academic progress of PHEAA State Grant recipients as well as determining grade level for loan eligibility. Incoming transfer students with less than twenty-four (24) completed post-secondary transferable credits are required to provide proof of high school diploma or G.E.D.
Financial Assistance Application Procedures For Non-Traditional Undergraduate Students
Non-traditional undergraduate students must follow the same application procedures as all other financial aid applicants by submitting the FAFSA. Prior to enrollment, all official final academic transcripts are required from each previously attended institution for measuring the satisfactory academic progress of PHEAA State Grant recipients as well as determining grade level for loan eligibility. Incoming transfer students with less than twenty-four (24) completed post-secondary transferable credits are required to provide proof of high school diploma or G.E.D.
Financial Assistance Application Procedures For Graduate Students
Graduate students must follow the same application procedures as all other financial aid applicants by submitting the FAFSA. Prior to enrollment, all official final academic transcripts providing proof of an eligible post-secondary degree are required from each previously attended institution for determining grade level for loan eligibility.
Renewal Application Procedures For Continuing Students
Continuing students must apply for financial aid each year. Renewal FAFSA’s are available online after October 1st of each year at www.studentaid.gov. Continuing students must file all required applications.