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Grace University - Academics

2007-2008 Grace University Catalog

Financial Information

Tuition and Fees:
Application fee (non-refundable)........................................................... $50
Online from web-site application fee (non-refundable).................... $25
M.A. tuition per semester credit hour .................................................. $400
Audit fee per semester credit hour....................................................... $200
Directed Studies course fee...................................................................$60 per credit hour in addition to tuition
Independent Studies course fee...........................................................$60 per credit hour in addition to tuition
Continuation Fee..................................................................................... $100
Private Tutorship per semester hour................................................... $150 plus tuition
Transcript fee........................................................................................... $15 per transcript mailed,
                                                                                                                     $25 per transcript immediate pickup,
                                                                                                                     $35 overnight express mail
Graduation fee per degree.................................................................... $200
Room and Board fee.............................................................................. Available Contact Business Office
Student Services fee per semester...................................................... $25
Testing fee .............................................................................................(testing fee may apply to some classes.  See class                                                                                                                      description)
Request for “Incomplete” Grade............................................................ $25


Refund Schedule
Various expenses, such as payments for faculty, support staff, equipment, and materials are incurred in anticipation of students who will attend the University. Therefore, the following refund schedule for institutional charges will apply when a student withdraws from or drops  a class:

Fall 2007
Through August 29....................................................................... 100%
Through September 5................................................................... 75%
Through September 12................................................................. 50%
Through September 19................................................................. 25%
From September 20....................................................................... 0%
Spring 2008 Term One
Through January 7....................................................................... 100%
Through January 8........................................................................ 75%
Through January 9........................................................................ 50%
Through January 10...................................................................... 25%
From January 11............................................................................ 0%
Spring 2008 Term Two
Through January 22.................................................................... 100%
Through January 29..................................................................... 75%
Through February 5...................................................................... 50%
Through February 12.................................................................... 25%
From February 13.......................................................................... 0%


Summer 2008
On or before first day of each session ..................................... 100%
On the second day of each session ......................................... 75%
On the third day of each session ............................................... 50%
On the fourth day of each session ............................................. 25%
After the fourth day of each session .......................................... 0%


Institutional charges typically include tuition, fees, and other charges assessed the student. Non-institutional costs may include, but are not limited to books, supplies, and transportation.

Grace University will not impose any penalty on any student because of the student’s inability to meet his or her financial obligations to the school as a result of the delayed disbursement of Title IV loan proceeds due to compliance with statutory and regulatory requirements applicable to the Title IV programs or delays attributable to the university.

If a recipient of Title IV assistance withdraws during a period of enrollment in which the recipient began attendance, Grace University must calculate the percentage and amount of Title IV assistance the student did not earn and return those funds to the Title IV programs. If the day the student withdrew occurs on or before the student completed 60 percent of the period of enrollment for which the assistance was awarded, the amount of aid earned by the recipient is calculated by determining the percentage of the enrollment period completed multiplied by the total amount of Title IV aid that was dispersed (and that could have been disbursed) for the period of enrollment as of the day the student withdrew. If the day the student withdrew occurs after the student has completed 60 percent of the period of enrollment, the recipient has earned 100 percent. The percentage and amount not earned is the complement of the percentage of Title IV aid earned multiplied by the total amount of Title IV aid that was disbursed (and that could have been disbursed) to the student, or on the student’s behalf, for the period of enrollment, as of the day the student withdrew.

Full withdrawals of full-time graduate students are subject to an administrative fee of $100.

For more details or a copy of the federal refund policies, contact the Financial Aid Office.

First-time students who receive Title IV funds are eligible for special consideration under the federal pro rata refunds policy if they withdraw from the University during the first 60 percent of their first semester.
The University will refund all Title IV Student Financial Aid (SFA) credit balances within 14 calendar day of the start of the semester or within 14 calendar days of the occurrence of the credit balance, whichever date is later. The University will refund any credit balance requested by the student within 14 calendar days after the student’s request.


Payment Plan

The University offers a Tuition Payment Plan for the ‘out of pocket’ portion of the student’s bill. The Plan is administered by an outside firm, Tuition Management Systems, Inc. (TMS), Warwick, RI. Every registered student and his/her family will be contacted directly by TMS and offered a Tuition Payment Plan. Students and their families are encouraged to take advantage of this opportunity.

Graduate Scholarships and Grants

Grace University offers limited scholarships and grants for graduate study. Detailed information regarding financial aid is available from the University Financial Aid Office at (402) 449-2810.

Scholarships and grant applications must be filed with the Financial Aid Office by March 1 for the following fall semester. Applications received after March 1 are considered on a first-come basis. Grants and scholarships are subject to funds allocated.

Applicants must meet the general admissions requirements in the graduate program. The amount of financial aid granted is determined by the Financial Aid Office within guidelines established by the University Scholarship and Financial Aid Committee. Decisions of the committee are final.


Graduate Assistantships

Graduate assistantships are available for qualified students enrolled in a graduate degree program at Grace University. The Assistantships offer assignments in teaching assistance, research, laboratory supervision, student services, or a combination of such pursuits. Interested students should direct inquiries to the Graduate Office, in consultation with their department/area, about the availability of Assistantships and how to apply.

Credit-Bearing Weekend Seminars

If a student registers for a weekend seminar and fails to drop the class or attend, the student will be charged for the seminar. A withdrawal (W) will be entered on his/her transcript. A student may drop any weekend seminar up to 24 hours before the course begins without a financial or grade penalty.

 

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