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| <!DOCTYPE HTML PUBLIC "-//IETF//DTD HTML//EN"> | |
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| <meta name="GENERATOR" content="Microsoft FrontPage 2.0"> | |
| <title>Financial Aid at Sheldon Jackson</title> | |
| </head> | |
| <body bgcolor="#FFFFFF"> | |
| <p align="center"><font size="6" face="Comic Sans MS,Courier New"><b><i>Financial | |
| Aid at Sheldon Jackson</i></b></font></p> | |
| <p><img src="Image8.gif" width="120" height="135"><font size="2" | |
| face="Comic Sans MS,Courier New"> </font></p> | |
| <p><font size="2" face="Comic Sans MS,Courier New">College is | |
| expensive<i>, especially a private college.</i> Understanding how | |
| financial aid works could mean the difference between attending | |
| the college of your choice and having to attend the cheapest one. | |
| So, as ridiculous and convoluted as college financial aid has | |
| become in America today, do your best to plow through the | |
| following information. It will open doors for you.</font></p> | |
| <p align="center"><img src="Image9.gif" width="94" height="95"></p> | |
| <p align="center"><font size="4" face="Tahoma"><b><i>Financial | |
| aid for collegians comes from four "pots":</i></b></font></p> | |
| <p><img src="Image10.gif" align="absmiddle" width="72" | |
| height="102"><font size="4"> </font><font size="5"><strong>Pot | |
| #1: The federal government</strong></font></p> | |
| <p align="center"> </p> | |
| <ul> | |
| <li><font size="2" face="Comic Sans MS,Courier New">Pell | |
| Grants <i>(not repaid) </i></font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">College | |
| Work-Study <i>(on-campus job) </i></font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">Perkins, | |
| Stafford, and PLUS loans <i>(must be repaid after | |
| graduation) </i></font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">Students | |
| or parents must complete a <u>Free Application for | |
| Federal Student Aid</u></font><a | |
| href="http://www.fafsa.ed.gov" target="_blank"><font | |
| size="2" face="Comic Sans MS,Courier New"> (FAFSA Online)</font></a><font | |
| size="2" face="Comic Sans MS,Courier New"> in order to be | |
| considered for money in this "pot" </font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">Monies | |
| given are based totally on the collegian's | |
| "need" <i>(the family's finances)</i></font></li> | |
| </ul> | |
| <p><font face="Comic Sans MS,Courier New"> </font><font | |
| size="5" face="Tahoma"><b> <img src="Image11.gif" | |
| align="absmiddle" width="89" height="123"></b></font><font | |
| size="5"><b>Pot # 2: The state government</b></font></p> | |
| <p><font size="2" face="Comic Sans MS,Courier New">If you are an <b><i>Alaska | |
| resident</i></b>, the following aid programs are available to | |
| you:</font></p> | |
| <ul> | |
| <li><font size="2" face="Comic Sans MS,Courier New">Alaska | |
| Student Loan <i>(must be repaid after graduation) </i></font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">Winn-Brindle | |
| Loan <i>(for those entering </i><strong><i>fisheries</i></strong><i>; | |
| forgivable) </i></font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">Rural | |
| Teacher Loan <i>(for those from a </i><strong><i>rural</i></strong><i> | |
| education district who return to a </i><strong><i>rural</i></strong><i> | |
| district to teach; forgivable) </i></font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">Contact | |
| the </font><a href="http://www.state.ak.us/acpe/" | |
| target="_blank"><font size="2" | |
| face="Comic Sans MS,Courier New">Alaska Commission on | |
| Postsecondary Education</font></a><font size="2" | |
| face="Comic Sans MS,Courier New"> (800/441-2962) for more | |
| information. </font></li> | |
| </ul> | |
| <p><font size="2" face="Comic Sans MS,Courier New">Unfortunately, | |
| if you are <u>not</u> an <b><i>Alaska resident</i></b>, it is | |
| unlikely that you will be able to use your home state's financial | |
| aid at Sheldon Jackson. Most states do not allow their state tax | |
| money to leave their states. Check with your high school guidance | |
| or transfer counselor about your state, however.</font></p> | |
| <p><img src="Image12.gif" align="absmiddle" width="88" | |
| height="114"><font size="5"><strong>Pot #3: Sheldon Jackson | |
| College</strong></font></p> | |
| <p align="center"> </p> | |
| <p><font size="2" face="Comic Sans MS,Courier New">In addition to | |
| having one of the lowest tuitions for an accredited private, | |
| liberal arts college in the US <i>($7250 for two semesters!)</i>, | |
| SJ gives four <b>scholarships</b>:</font></p> | |
| <p><font size="2" face="Comic Sans MS,Courier New"><b>A. The | |
| Alaska Scholarship</b> <i>(for </i><strong><i>Alaska</i></strong><i> | |
| residents)</i></font></p> | |
| <ol> | |
| <li><font size="2" face="Comic Sans MS,Courier New">If your | |
| HS <i>(or college if you're a transfer student)</i> GPA | |
| is 3.2 or above, you'll receive a full-tuition <i>($7000) | |
| </i>scholarship from us. </font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">If your | |
| HS <i>(or college if you're a transfer student)</i> GPA | |
| is 2.75 to 3.19, you'll receive a half-tuition <i>($3500) | |
| </i>scholarship from us.</font></li> | |
| </ol> | |
| <p><font size="2" face="Comic Sans MS,Courier New"><b>B. The | |
| Honor Scholarship</b> <i>(for residents of states </i><strong><i>other | |
| than Alaska</i></strong><i>)</i> - The College has 20 Honor | |
| Scholarships of $3000 each. These are given "first come, | |
| first served," using the date of the enrollment deposit to | |
| prioritize.</font></p> | |
| <p><font size="2" face="Comic Sans MS,Courier New"><b>C. The | |
| Referral Scholarship </b>- An elite group of SJ | |
| "friends" are <strong>each</strong> given a $3500 | |
| scholarship that they may "refer" to a <u>new</u> SJ | |
| student. This elite group is comprised of dues-paying SJ alumni, | |
| VIMs, work groups, Humpback, and College Trustees. We give 20 of | |
| these Referral Scholarships, again, "first come, first | |
| served," using the date of the enrollment deposit to | |
| prioritize.</font></p> | |
| <p><font size="2" face="Comic Sans MS,Courier New"><b>D. The | |
| Legacy Scholarship</b> </font></p> | |
| <ol> | |
| <li><font size="2" face="Comic Sans MS,Courier New">Any SJ | |
| student who is the dependent of an SJ<b> degree-holder</b> | |
| (HS, JC, or College) receives a $7000 scholarship.</font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">Any SJ | |
| student who is the dependent of a former SJ <b>student </b>(anything | |
| less than a degree-holder) receives a $3500 scholarship.</font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">If one | |
| "family" has more than one member at SJ | |
| concurrently: </font></li> | |
| </ol> | |
| <ul> | |
| <li><font size="2" face="Comic Sans MS,Courier New">If there | |
| are <u>two</u>, each receives a $2000 tuition discount.</font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">If there | |
| are <u>three</u>, each receives a $3000 tuition discount.</font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">If there | |
| are <u>more than three</u>, each receives a $4000 tuition | |
| discount.</font></li> | |
| </ul> | |
| <p><font face="Comic Sans MS,Courier New"> <img | |
| src="Image13.gif" align="absmiddle" width="91" height="114"></font><font | |
| size="5"><strong>Pot #4: Other</strong></font></p> | |
| <p align="center"> </p> | |
| <p><font size="2" face="Comic Sans MS,Courier New">In addition to | |
| these three "pots o' gold," there may be other | |
| financial available to you that we don't know about, for example:</font></p> | |
| <ul> | |
| <li><ul> | |
| <li><font size="2" face="Comic Sans MS,Courier New">If | |
| you're <b>Alaska Native</b>, be sure to check | |
| with your village and regional corporations. </font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">If | |
| you're <b>Presbyterian</b>, the Presbyterian | |
| Church (USA) has scholarships dedicated to | |
| Presbyterians. Contact the Office of Financial | |
| Aid for Studies, 100 Witherspoon Street. | |
| Louisville, KY 40202-1396. [502/569.5745] </font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">If | |
| you're not Presbyterian but active in your <b>home | |
| church</b>, many denominations have aid available | |
| for collegians. </font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">Your | |
| local <b>Rotary, Elks, Moose</b>, et al. clubs | |
| often give scholarships. </font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New"><b>You | |
| or your parents' employer</b> may have an aid | |
| program. Many corporations do.</font></li> | |
| </ul> | |
| </li> | |
| </ul> | |
| <p align="center"><img src="Image14.gif" width="109" height="99"></p> | |
| <p align="center"><font size="4" face="Tahoma"><b>Conditions for | |
| being considered for financial aid at Sheldon Jackson</b></font></p> | |
| <p><font size="2" face="Comic Sans MS,Courier New">At SJ<i>-again, | |
| </i><strong><i>unlike</i></strong><i> most other colleges-</i>we | |
| do not require a separate application to be considered for | |
| financial aid. Generally we ask that you fulfill only two | |
| conditions to be considered:*</font></p> | |
| <ol> | |
| <li><ol> | |
| <li><font size="2" face="Comic Sans MS,Courier New">Be | |
| admitted to SJ.</font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">Complete | |
| a <u>Free Application for Federal Student Aid </u></font><a | |
| href="http://www.fafsa.ed.gov" target="_blank"><font | |
| size="2" face="Comic Sans MS,Courier New"><u>(FAFSA | |
| Online)</u></font></a><font size="2" | |
| face="Comic Sans MS,Courier New"> <i>(FAFSA)</i>.</font></li> | |
| </ol> | |
| </li> | |
| </ol> | |
| <p align="center"><font size="2" face="Tahoma"><b>Awarding | |
| policies</b></font></p> | |
| <ol> | |
| <li><font size="2" face="Comic Sans MS,Courier New">The | |
| College always awards students <b>federal and state aid | |
| before we award SJ money</b>, because our scholarship | |
| endowment isn't unlimited. This is why we require the </font><a | |
| href="http://www.fafsa.ed.gov" target="_blank"><font | |
| size="2" face="Comic Sans MS,Courier New">FAFSA</font></a><font | |
| size="2" face="Comic Sans MS,Courier New">.</font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">No | |
| college is allowed to give the student who receives | |
| federal and/or state funds more than the government says | |
| they "need." "Need" is calculated by | |
| subtracting the student's "estimated family | |
| contribution" (EFC) as determined by the </font><a | |
| href="http://www.fafsa.ed.gov" target="_blank"><font | |
| size="2" face="Comic Sans MS,Courier New">FAFSA</font></a><font | |
| size="2" face="Comic Sans MS,Courier New"> from the | |
| college's costs.</font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">The <b>renewability</b> | |
| of SJ scholarships is handled by the Honor's Day | |
| Committee. In the spring, the College has a Honor's Day | |
| celebration. At this time, students submit an application | |
| for scholarships to the Honor's Day Committee. This | |
| Committee determines awards for returning students, based | |
| upon the funds available to the College at that time. New | |
| students who received scholarships from SJ will most | |
| likely continue to receive them, if they have done well | |
| academically, and they been contributing members of the | |
| SJ community.</font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">The | |
| Alaska, Honor, Legacy, and Referral Scholarships, and the | |
| Visit Incentive tuition discount are all taken from the | |
| College's own revenues. Therefore, because we are not a | |
| wealthy school, we cannot "stack" these awards. | |
| So, for example, if you receive a Legacy Scholarship, we | |
| probably cannot <strong>also</strong> give you the Visit | |
| Incentive tuition discount.</font></li> | |
| </ol> | |
| <p><font size="2" face="Comic Sans MS,Courier New">So, let's <u>summarize</u>:</font></p> | |
| <ol> | |
| <li><font size="2" face="Comic Sans MS,Courier New">Each | |
| student pays a different amount to attend college, | |
| because each student's finances and abilities are | |
| different. </font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New"><u>You</u> | |
| do not know what it will cost <u>you</u> to attend | |
| Sheldon Jackson College until you've received <u>your</u> | |
| Award Letter from us.</font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New">We cannot | |
| send <u>your</u> Award Letter until you are admitted to | |
| SJ and have completed a <i>Free Application for </i><b><i>Federal</i></b><i> | |
| Student Aid</i> </font><a href="http://www.fafsa.ed.gov" | |
| target="_blank"><font size="2" | |
| face="Comic Sans MS,Courier New">(FAFSA Online)</font></a><font | |
| size="2" face="Comic Sans MS,Courier New">. </font></li> | |
| </ol> | |
| <p><font size="2" face="Comic Sans MS,Courier New">_______________________________________ | |
| </font></p> | |
| <h6><font size="2" face="Comic Sans MS,Courier New"><i>*To be | |
| brutally honest, though, there </i><b><i>may</i></b><i> be | |
| instances when additional information is requested, for example: </i></font></h6> | |
| <ul> | |
| <li><font size="2" face="Comic Sans MS,Courier New"><i>With | |
| Alaska financial aid, additional forms are necessary. | |
| These are available from September Horton in the SJ | |
| Admission & Financial Aid Office, however. </i></font></li> | |
| <li><font size="2" face="Comic Sans MS,Courier New"><i>With | |
| our Legacy Scholarship, verification of alumni status and | |
| family relationships may be necessary.</i></font></li> | |
| </ul> | |
| </body> | |
| </html> |