Financial Aid regulations. Compliance with these regulations is the responsibility of the student and the aid administrators and is a condition of the student’s eligibility to receive assistance. Students are encouraged to seek assistance from sources outside the university in addition to applying for aid through the Ofﬁce of Financial Aid. Students should consider such local programs as Dollars for Scholars and service clubs. Guidance counselors may be able to provide information concerning available reference material. Outside assistance must be reported to the Ofﬁce of Financial Aid and may necessitate a revision to an existing ﬁnancial aid award to avoid exceeding the allowable cost of attendance for the student’s program of study.
The Financial Aid Application Process All students are strongly encouraged to complete the Free Application for Federal Aid (FAFSA). The FAFSA information is used for students who wish to apply for any type of needbased assistance, including loans, grants and work-study. It is also used by many outside scholarship programs. The Southern New Hampshire University code is 002580. The FAFSA can be completed electronically at www.fafsa.ed.gov by using a PIN issued by the Department of Education. The PIN permits you to sign your FASFA online. The student and a parent must have a PIN in order to have a valid electronic signature on the FAFSA. A PIN may be obtained at www.pin.ed.gov. Awards are made for one academic year, which includes terms starting on or after July 1. Students must reapply for ﬁnancial aid each year. A paper FAFSA can be obtained in the Ofﬁce of Financial Aid on the main campus, at any of the SNHU locations, at public libraries and at high schools. New students’ ﬁnancial aid applications are considered for aid eligibility following admission into the university. Priority will be given to a FAFSA received by March 15. Students who submit a FAFSA after this date will receive all federal and state funds that they are eligible to receive, and will receive institutional aid as funds permit. Normal processing time for the FAFSA is approximately seven days if submitted electronically with a PIN; two to three weeks for mailed submissions. Students striving to meet the priority ﬁling date are advised to keep the processing time in mind. Mid-year transfer students must ensure that loans processed at other institutions are adjusted by their previous schools to reﬂect their actual enrollment end dates at those schools. Please contact the Ofﬁce of Financial Aid of your previous school to have them update this information with your lender. All required paperwork must be completed before or during the student’s annual enrollment period. If a student withdraws from school prior to completing any required ﬁnancial aid processes, pending ﬁnancial aid funds will be canceled and any charges will become immediately due to the university.
At Southern New Hampshire University we strive to acknowledge the academic achievement, community service and leadership experience of our students through a variety of merit based grants and scholarships.
Merit Based Aid for New Students New applicants are automatically considered for merit based, renewable grants and scholarships during the admission process. Grants and scholarships are awarded on a ﬁrstcome, ﬁrst-served basis so students are encouraged to apply for admission early.
Academic Scholarship A limited number of Academic Scholarships are awarded to full-time undergraduate day students based on their academic records in high school or college. To be eligible, ﬁrstyear students must be admitted prior to the ﬁnancial aid priority ﬁling date of March 15 and transfer students by May 15. Students selected for an Academic Scholarship will be notiﬁed at the time of admission and may receive additional types of ﬁnancial assistance based on ﬁnancial need. Individual scholarship amounts vary and are awarded based on a cumulative grade point average of a 3.0 (on a 4.0 scale) along with pre-determined SAT/ACT scores. These scholarships are renewable each year based on the maintenance of a 3.0 cumulative grade-point average (GPA). Failure to maintain the required GPA will result in the permanent loss of scholarship funds.
Presidential Scholarship A limited number of Presidential Scholarships may be offered to full-time undergraduate day students that have a minimum cumulative grade point average of a 3.5 (on a 4.0 scale), a strong college prep curriculum and a pre-determined SAT/ACT score. The Presidential Scholarship is renewable based on the maintenance of a minimum 3.0 cumulative grade point average. Failure to maintain the required GPA will result in the permanent loss of scholarship funds.
Sibling Grant The Southern New Hampshire University Sibling Grant consists of a total of $2,500 annually for a family with two or more dependent undergraduate siblings concurrently attending for the full academic year in any of the full-time day programs. Amounts will generally be split between each sibling.
Alumni Family Scholarship The Alumni Family Scholarship, in the amount of $1,000 per year, is awarded to dependent children of alumni, including graduates of any associate, bachelor’s or master’s degree program at Southern New Hampshire University. The student must be enrolled in the full-time undergraduate day program.
Published on Oct 19, 2009