expenses and financial aid
METHOD OF BILLING I understand that Hampden-Sydney College uses electronic billing (e-bill) as its official billing method, and therefore I am responsible for viewing and paying my student account e-bill by the scheduled due date. I further understand that failure to review my e-bill does not constitute a valid reason for not paying my bill on time. E-bill information is available at http:// www.hsc.edu/admissions-and-financial-aid/tuitionand-fees/payment-methods. BILLING ERRORS I understand that administrative, clerical or technical billing errors do not absolve me of my financial responsibility to pay the correct amount of tuition, fees and other associated financial obligations assessed as a result of my registration at Hampden-Sydney College. RETURN PAYMENTS/FAILED PAYMENT AGREEMENTS If a payment made to my student account is returned by the bank for any reason, I agree to repay the original amount of the payment plus a returned payment fee of $35. I understand that multiple returned payments and/or failure to comply with the terms of any payment plan or agreement I sign with Hampden-Sydney College may result in cancellation of my classes and/or suspension of my eligibility to register for future classes at Hampden-Sydney College. WITHDRAWAL If I decide to completely withdraw from HampdenSydney College, I will follow the procedure outlined in the Expenses and Financial Aid section of this Academic catalogue which I understand and agree are incorporated herein by reference. STUDENT AGE I understand and agree that if I am younger than the applicable age of majority that the educational services provided by Hampden-Sydney College are a necessity, and I am contractually obligated pursuant to the “doctrine of necessaries.” GOVERNING LAW This Agreement shall be construed and interpreted in accordance with the laws of the Commonwealth of Virginia.
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FINANCIAL AID Hampden-Sydney College offers financial aid to students who can make the most of the education that the College offers. Academic achievement and promise, as well as financial need, are considered in the initial award of College funds. Similarly, financial aid for returning students is based upon both academic performance and demonstrated need. Entering students who wish to be considered for financial aid (federal grants, College grants and scholarships, loans and work-study awards) should complete the Free Application for Federal Student Aid (FAFSA; code number 003713). The FAFSA will be available on October 1, 2019 and should be completed no later than March 1, 2020. Students may complete the FAFSA via the Internet at www.fafsa.gov. Returning students who want to be considered for any form of financial aid (federal grants, College grants and scholarships, loans and work-study awards) should complete the FAFSA no later than March 1. The FAFSA can be completed via the Internet at www.fafsa.gov. Financial aid awards are reviewed at the end of each spring semester and may be withdrawn if a recipient’s citizenship or academic work does not meet the standards of the College. Collegesponsored grants and scholarships are limited to eight semesters and require full-time enrollment. Federal financial aid is also limited to eight semesters. Financial aid recipients must maintain minimum satisfactory academic progress, which is defined by Hampden-Sydney College as earning a minimum of 24 hours per academic year. In addition, students who have completed at least four semesters (or equivalent) of enrollment must have at least a 2.0 cumulative GPA. Students who fail to maintain the required minimum standards lose eligibility for all federal programs, including federal student and parent loans, and College funds. Students who lose financial aid eligibility by failing to maintain the aforementioned minimum academic standards may request reinstatement of eligibility by submitting a written appeal to the Satisfactory Academic Progress Committee in care of the Director of Financial Aid (Box 726). (The Committee does not routinely reinstate eligibility, but may do so when significant extenuating circumstances have prevented a student from meeting the required standards.) Academic scholarships have additional eligibility requirements. The complete Satisfactory Academic Progress policy can be found at www.hsc.edu/admissions-andfinancial-aid/financial-aid/consumer-information/ academic-progress.