SNHU Undergraduate Catalog 2009-2010

Page 19

Financial Aid

The Gertrude C. Shapiro Scholarship was established as a gift to the university by Gertrude C. Shapiro to assist women from the State of Maine as they pursue undergraduate studies at Southern New Hampshire University.

The scholarship applications for full-time undergraduate day students are available each spring from the Office of Financial Aid or online at www.snhu.edu/1453.asp. School of Professional and Continuing Education students should contact their Center Director for more information.

The Student Ambassador Fund

Federal and State Programs

Gertrude C. Shapiro Scholarship

This fund, created by the Student Ambassadors at Southern New Hampshire University, is given by a committee of the Student Ambassadors to deserving students who possess a cumulative grade point average of 3.0 or better, have demonstrated financial need and have shown outstanding service to the university community.

Teloian Scholarship Fund George Teloian, Professor Emeritus of accounting, has made provisions for an endowment fund in his name. Scholarships are awarded to juniors and seniors majoring in accounting or accounting/information systems. Awards are based on academic achievement in the accounting major, overall record, excellence in involvement in university life, activities and financial need.

Martha Van Hyland Scholarship This fund was created in memory of Southern New Hampshire University alumna, Martha Van Hyland, to support Belknap County residents attending the University's School of Professional and Continuing Education (SPCE) or SNHU Online. Students must maintain a 3.0 GPA or better and show financial need.

Vietnam Veterans Fund The Southern New Hampshire University Alumni Association established this fund to benefit veterans and dependents of veterans of the armed forces who served in Vietnam or other conflicts. Awards are based on need and academic criteria.

Ronald L. Woodward Memorial Scholarship The Ronald L. Woodward Memorial Scholarship was created in honor of a former Southern New Hampshire University student and Rochester, N.Y. native by the Southern New Hampshire University Alumni Association. Students whose homes are located in upstate New York shall be given first priority. Preference will be given to students majoring in accounting, accounting/information systems, information technology and business administration, based on need.

Annually Funded Scholarships There are a limited number of annually funded awards that are given to full-time undergraduate day students at Southern New Hampshire University, primarily on the basis of general academic achievement (a cumulative grade point average of at least 3.0) and financial need as determined by the Office of Financial Aid. These awards and amounts vary from year to year.

Selection Criteria Southern New Hampshire University participates in Federal Title IV student aid programs and utilizes the required federal methodology for determining student eligibility for federally funded assistance as calculated by the data submitted on the Free Application for Federal Student Aid (FAFSA). This data is used to calculate the Expected Family Contribution (EFC). The EFC is the U.S. Department of Education’s measurement of a family’s ability to contribute toward education cost. For dependent students, an estimate of the parents’ contribution toward education expenses is made based on their income, assets, federal taxes and other family liabilities. The student’s income and assets are also considered in estimating the total family resources that may be utilized to meet the cost of education. For independent applicants, an estimate of the student’s contribution is made based on the income and assets of the student and his or her spouse. Taxes and other liabilities are taken into consideration in the formula. The difference between a student’s cost of attendance (COA) and the estimated family contribution (EFC) and additional support received from sources outside the university is the student’s demonstrated financial need. The Office of Financial Aid attempts to fund demonstrated need through a combination of available financial aid sources. All information submitted in support of an applicant’s aid request is held in strict confidence. When a student applies for financial aid by filing the FAFSA, some of the application information is verified with federal agencies. This includes the Department of Homeland Security, Social Security Administration, Selective Service, Veteran's Administration and the National Student Loan Data System (NSLDS). If the information does not match, the discrepancy must be resolved before federal student aid can be disbursed. The university reserves the right and recognizes the responsibility to cancel awards and re-bill the student and/or parents in cases where financial aid is awarded on the basis of incorrect or incomplete information.

Federal Pell Grant For academic year 2009-10 Federal Pell Grants range from $976 to no more than $5,350. Applicants must be enrolled in a baccalaureate or associate degree program and not already have obtained a baccalaureate degree. Student eligibility and 17


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