1995-1996 Academic Catalog

Deferred Payment Plan for Veterans For Option Deferred Payment Plan for Veterans (under chapters 30, 31, 32, and 35) receiving the Educational Assistance Allowances, consult the Academic Records Office. Payments by veterans receiving their Educational Assistance Allowance checks one month behind will be as follows: Fall Quarter: Winter Quarter: Spring Quarter: first payment by 11/6 second payment by 12/5 final payment by 1/5 first payment by 2/5 second payment by 3/5 final payment by 415* first payment by 415* second payment by 516 final payment by 615 Interest of 1.083% per month will be charged on unpaid balances. A late payment charge of $20 is applicable for accounts unpaid after the payment due date. Veterans receive eight monthly VA checks, which must pay for nine deferred payments on the three-quarter system. * Two payments are due on the same date. Financial Aid When completing the FAFSA, use this Title N Code for Cedarville College: 003025. General Information Cedarville College has a broad program of financial aid to assist students who are accepted for admission and who demonstrate a need for such help. All grants and awards are made through the Financial Aid Office of Cedarville College. There are limited endowment funds in varying amounts. These funds have been contributed by individual donors. They are gift awards and are offered based on need and conditions stipulated by the donor. All financial aid, with few exceptions, is based on need as calculated by the Free Application for Federal Student Aid (FAFSA). For entering students, this form is available from high school guidance offices or Cedarville College. Students enrolled at Cedarville College will receive a Renewal Application in the mail from the Central Processor or may pick up the FAFSA from the College Financial Aid Office. The Free Application for Federal Student Aid (FAFSA) and a Cedarville College Application for Financial Aid (CAF), which is available by request from the College Financial Aid Office, must be submitted each year for all individuals applying for financial aid. The FAFSA should be submitted to the Central Proces– sor by February 15, but not before January I precedin~ the academic school year for which aid is being requested. Cedarville College accepts the premise that the primary responsibility for financing a college education rests with the student and his family. Aid which Cedarville College is able to extend through work opportunities, scholarships, grants, and loans is viewed as supplementary to what the student and his family can provide. Students requiring assistance are expected to carry some of the financial responsibility in the form of loans, personal savings, summer earnings, part-time Financial Information work, or a combination of these self-helps. It is assumed that education has a high priority in family affairs and that the children will share in implementing this priority. Assistance received at any time from sources other than Cedarville College must be reported to the Director of Financial Aid as a part of the student's financial resources. Assistance of this nature will be considered in making appropriate revisions of aid offered by Cedarville College. Financial assistance is awarded for one year only, but may be applied for on a yearly basis. The applicant must continue to meet the qualifications outlined in the financial aid agreement. A notification of an award is mailed to students as soon as possible after admission to Cedarville College. The amount of assistance awarded is stated on the form, and the student indicates acceptance of the award by signing a copy of the form and returning it to the Financial Aid Office. Students with financial aid questions should call the Financial Aid Office at (513) 766-7866 or 1-800-444-2433 during office hours. Grants and Scholarships All awards are based on full-time enrollment (12 hours or more). Students who enroll for less than 12 hours will have their awards pro-rated according to the following schedule: 12 hours or more = full-time 9-11 hours = 3/4 time 6-8 hours = 1/2 time 1-5 =no award Academic Scholarships Merit-based Achievement Scholarships are available for new students who scored in the top 20% on the ACT or SAT assess– ments. Other merit-based scholarships include the National Merit Scholarship, Leadership Scholarship, Chancellor Scholarship, and Wyrtzen Scholarship. Information concerning these scholarships is available in the Admissions Office. The Cedarville College Academic Scholarship is available to upper classmen who have demonstrated scholastic ability and a definite financial need. These scholarships range from $1500 to $2100. They are offered on a first come, first served basis until available funds are exhausted. The scholarship is awarded on an annual basis and requires a minimum cumulative academic average of 3.25 for upperclassmen. Christian character, service, and cooperation are also considered in making this scholarship award. Departmental Grants Institutional grants may be available in various departments of the College, such as music, speech, and athletics. Inquiries should be addressed to the department chairman. State Grant Programs Ohio Student Choice Grant Students who are residents of Ohio and attending Cedarville College on a full-time basis may be eligible for an Ohio Student Choice Grant. Recipients must be an undergraduate student enrolled in a bachelors degree program. Students who have a prior bachelors degree or attended college full-time prior to July 1, 1984 do not qualify. Demonstration of financial need is not required. Students must obtain and submit a residency verification form to the College.