18 Costs
Costs 19
of the comprehensive fee less any rebates, based on the date of the student’s last day of attendance (separation) as reported by the Dean of Students. Students who withdraw from all three courses for documented medical reasons after the fourth week will not receive a refund. However, they will be eligible to make up these classes without additional tuition charge by either taking fourth courses during the Academic year or by completing an additional term should one be required at the end of four years. The refund percentage is as follows: Withdrawal during first and second week: Withdrawal during third week: Withdrawal during fourth week: Withdrawal after end of fourth week:
75% 50% 25% No refund
Refunds will be credited in the following order: Federal Stafford Loans; Federal Supplemental Loan to Students (SLS); Federal PLUS Loans; Federal Perkins Loans; Federal Pell Grant program; Federal Supplemental Educational Opportunity Grant program; other Title IV funds; non-Title IV funds; any remaining credit balance to the student. Other fees not subject to a refund include health service fees; health insurance; late payment fee; security fines; late registration fee; telephone charges; and declining balance. Students will not be entitled to any portion of a refund until all Title IV programs are credited and all outstanding charges have been paid. Registration: All financial obligations must be satisfied before prescheduling. This includes the receipt of funds from student loans and scholarships from sources outside of Union College. General Financial Obligations: Diplomas and transcripts will be withheld from a student who has not met all of his or her financial obligations to the College. Failure to satisfy financial obligations may result in suspension from the College and the account being sent to an agency for collection, where the student is responsible for collection fees assessed. To return to Union, the student must apply to the dean of students for readmission. Payment of the outstanding tuition balance plus the full amount of the next term’s bill will be required before the student is accepted.
Fees
Admission and Security Deposit — $500 • $250 will be applied to the orientation program • $250 deposit is retained until graduation or withdrawal. If the student does not attend Union, this $250 deposit is forfeited. Application Fees (nonrefundable) • Four-Year Undergraduate — $50 • Accelerated Programs and Leadership in Medicine — $50 • Collection Fee • $10-$25 (a fee of $10 for the first check, $15 for the second check, and $25 for the third check will be charged for each check returned for insufficient funds.) International Programs • Includes tuition, room, board, and group excursions, but excludes transportation. • A $350 deposit is required to reserve a place in the program. • Exchange students are billed the comprehensive fee, and all other programs are billed the comprehensive fee plus a $600 International Program fee. Late Fees • $100 (assessed for past due student account balances and/or failure to check-in on schedule) Student Activity Fee • Included in the Comprehensive Fee (allocated to student organizations/committees by the student government. Payment is required of all full-time matriculated undergraduate students)
Financial Aid Union College has a long-standing history of enrolling students who have an outstanding record of personal and academic achievement with a strong commitment to excellence. Since not all qualified students have the financial resources required to attend the College, we have a very comprehensive financial aid program designed to make a Union education an affordable option for all undergraduate students. Although the College offers some merit awards to recognize the outstanding accomplishments of applicants, the majority of aid resources are awarded based on demonstrated financial need as measured through both the Free Application for Federal Student Aid (FAFSA) and the CSS Profile. All candidates for admission are automatically considered for merit awards. There are no separate applications required.
Applying for Financial Aid
Prospective students who would like to be considered for need-based financial aid must indicate on their admissions application their desire to apply for aid and submit both the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov and the CSS Profile at www. college.board by February 1. In addition, if the biological parents of the dependent student are separated and/or divorced, the noncustodial parent must also submit the CSS Non-Custodial Profile. Continuing students must complete the current year FAFSA and Profile and submit all verification documents to the aid office by April 15th. A listing of the required verification documents is provided on the financial aid web site.
Aid Awards
Generally awards consist of a combination of scholarships, grants, loans, and part-time employment. In determining the aid award, Union typically includes a part-time job ranging from $1,500 to $1,800 as well as some minimal amount of loan. The balance of the award consists of scholarship assistance. The College attempts to meet the full demonstrated need of all of our applicants. Since needs change from year to year, students must submit applications each year to determine their award eligibility. Initial aid awards will be offered based on the information provided on both the FAFSA and Profile. All enrolling students will be required to submit copies of previous year’s tax transcripts to verify the awards that have been offered. Awards may be adjusted when there are differences between FAFSA/Profile estimates and actual figures. If a student receives outside scholarship awards, he or she must notify the financial aid office. If federal need has not been fully met or a student is receiving only merit awards, he or she may be able to keep the outside award in addition to our financial aid offer. If federal need is fully met, the College will reduce the loan or work portion of the package first. For questions about how the award may affect an aid package, please contact the financial aid office.
Disbursement of Aid
Financial aid awards will be disbursed to a student’s account provided that the award has been income verified and all required documents have been completed online or submitted directly to the aid or finance office. Typically the aid will be disbursed at the beginning of each term and subsequent disbursements will occur on a weekly basis.
Annual Renewals
Since family circumstances change from year to year, need is re-evaluated annually. Continuing students will receive a reminder via email from the Department of Education for the renewal of their FAFSA application. In addition, the Financial Aid office will provide detailed information on its web site regarding the renewal application process. In addition, students can view the status of their application through Web Advising. The deadline for continuing students is April 15th. Once