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Financial aidThe Financial Aid Office at St. John Vianney College Seminary is dedicated to helping students find ways to finance their education. The financial aid staff is available to all current and prospective students weekdays from Monday through Friday and may be reached by calling the campus, scheduling an appointment, or on a walk-in basis. St. John Vianney participates in the Title IV Federal Student Aid Program. Students are eligible to receive the Federal Pell Grant and the Federal Family Loan Program. It also participates in Florida Student Assistance Grant, and the Bright Futures Scholarships. Students wishing to receive financial aid must meet all eligibility requirements. The amount of financial assistance the student will be offered depends upon the student's financial need. Please refer to the Financial Aid Brochure, available at the Financial Aid Office, and to Federal Student Aid (FAFSA) on line at www.FAFSA.ed.gov or call 1-800-4-FED-AID for application forms and for specific information and guidelines. |
| SJVCS REPAYMENT POLICY -
If a student withdraws or stops attending
classes before completing 60% of the term, a portion of the total federal
aid he/she received, excluding Federal Work Study earnings, may need to be repaid immediately. The amount of federal aid the student must repay is determined by the Federal Formula for Return of Title IV funds (Section 484B of the Higher Education Act). This law also specifies the order in which funds are to be returned to the financial aid program from which they were awarded, starting with the loan programs. The student may be required to make a repayment when cash has been disbursed from financial aid funds in excess of the amount of aid he/she earned (based on the date of your withdrawal) during the term. The amount of Title IV aid earned is determined by multiplying the total Title IV aid (other than FWS) for which the student qualified, by the percentage of time during the term he/she was enrolled. If less aid was disbursed than was earned, the student may receive a late disbursement for the difference. If more aid was disbursed than was earned, the amount of Title IV aid the student must return (i.e. not earned) is determined by subtracting the earned amount from the amount actually disbursed. The responsibility for returning unearned TITLE IV is shared between the College Seminary and the student. It is allocated according to the portion of disbursed aid that could have been used to cover the College Seminary charges, and the portion that could have been disbursed directly to the student once those charges were covered. SJVCS will distribute the unearned aid back to the Title IV programs, as specified by law. The student will be billed for the amount that she/he owes to the Title IV programs, as well as any amount due to the College Seminary, as a result of Title IV that were returned that would have been used to cover Seminary Charges. |
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STANDARDS OF SATISFACTORY
PROGRESS - In order to receive any Title IV assistance, the
student must be proceeding in a positive manner toward fulfilling the
requirements for the B.A. degree. These requirements may ordinarily be
fulfilled in eight semesters but a student may require up to ten semesters
for completion. A student on academic probation is eligible to receive Title IV funds. However, he must meet the requirements for continuing enrollment specified by the Academic Dean. In case of dismissal, re-admission will be considered on a case-by-case basis. Should a dismissed student be re-admitted, he would be eligible to receive Title IV funds. VETERAN’S FINANCIAL ASSISTANCE - U.S. veterans and others interested in applying for veteran’s benefits should contact their local Veterans’ Administration Office for specific information and forms. Persons receiv-ing such assistance should periodically contact their VA office to learn about changing regulations. |
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