Catalog 2005-2006
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Undergraduate Programs Administrative Services and Policies

Financial Aid

The University of New England Financial Aid Office is committed to assisting students and families in finding the financial means necessary to achieving their educational goals. At UNE, more than 85 percent of our students receive some form of financial assistance. We believe that the financing of a college education should be a partnership between the student, the student's family, and the University. We encourage you to visit our website, where you may obtain additional information about our financial aid programs. Our office is located on the University Campus (UC) in 121 Decary Hall. Office hours are 9 a.m. - 4 p.m. weekdays. Financial aid advising services are available by appointment by calling (207) 283-0170 x2342. We also offer financial aid advising services by appointment on the Westbrook College Campus (WCC) at the Student Registration and Financial Services Center in Hersey Hall. Call (207) 797-7261 x4200 to schedule an appointment.

Financial Aid Programs

University of New England Scholarship and University of New England Departmental Award

These programs are awarded by the Admissions Office and are based on an incoming student's demonstrated academic performance. In addition to the UNE Scholarship, students in certain majors may qualify for the UNE Departmental Award. Awards are renewable for up to four years of full time, continuous undergraduate study, based on the student's continued academic performance. The student is not required to demonstrate financial need to qualify for these programs.

University of New England Access Grant

This is a supplemental grant program based on the student's financial need. Students must be full time undergraduates.

CIC Tuition Exchange Program

The CIC Tuition Exchange Program is a benefit provided to the dependents of staff and faculty of participating CIC Colleges and Universities, who wish to be admitted to an undergraduate program at UNE. Students accepted by UNE for admission into the CIC program will receive a full tuition waiver for up to 4 years of undergraduate study, with the following conditions:

  Each year the student must complete a renewal CIC application from their parents' home institution.
  Each year the student and parent must file the Free Application for Federal Student Aid (FAFSA) and submit all required application materials to the Financial Aid Office.
  Upon acceptance into the CIC Tuition Exchange Program, the student will be ineligible for any institutionally-funded grants and scholarships.

Parents who wish to apply for this benefit should contact their institution's Human Resource Office or CIC Liaison for additional information.

Federal Pell Grant

Awarded to undergraduate students who do not have a baccalaureate degree and who demonstrate exceptional financial need. There is limited eligibility for students enrolled less than full time.

Federal Supplemental Education Opportunity Grant (FSEOG)

Awarded to undergraduate students who do not have a baccalaureate degree and who demonstrate exceptional financial need. First priority is given to full-time recipients of the Federal Pell Grant.

State Grant Programs

Several states fund grant programs for undergraduate students who do not have a baccalaureate degree and who demonstrate exceptional financial need. In the past students from all of the New England states, as well as Pennsylvania, Delaware, Maryland, and Michigan have received funds. Students who are selected to receive these awards will receive a notification from their state education agency.

Federal Work Study

This need-based program allows students to work part time while attending classes.

Federal Perkins Loan

This low-interest loan program is available to students demonstrating a certain level of financial need. The interest rate is fixed at 5%, and interest does not begin to accrue until repayment begins nine months after the student leaves the University or drops below half-time enrollment.

Nursing Student Loan

This low-interest loan program is available to nursing students demonstrating a certain level of financial need. The interest rate is fixed at 5%, and interest does not begin to accrue until repayment begins nine months after the student leaves the University or drops below half-time enrollment.

Federal Subsidized Stafford Loan

This variable-interest rate loan program is available to students demonstrating financial need. Interest does not begin to accrue until repayment begins six months after the student leaves the University or drops below half-time enrollment.

Federal Unsubsidized Stafford Loan

This variable-interest rate loan program is available to students who do not demonstrate financial need. Interest begins to accrue once the loan has been disbursed. Repayment begins six months after the student leaves the University or drops below half-time enrollment.

Federal PLUS Loan

This variable-interest rate loan is available to parents of dependent undergraduate students. The parent may borrow an amount up to the student's cost of attendance, minus any other financial aid the student is receiving. Repayment of the loan begins once the loan is fully disbursed.


Links

  Undergraduate Admissions   Undergraduate Student Records and Transcripts
       
  Undergraduate Financial Aid   Undergraduate Academic Regulations
       
  Undergraduate Student Affairs   Undergraduate Financial Information

Notice and Responsibilities Regarding this Catalog

The University of New England reserves the right in its sole judgment to make changes of any nature in its programs, calendar, or academic schedule whenever it is deemed necessary or desirable, including changes in course content, the rescheduling of classes with or without extending the academic term, canceling of scheduled classes or other academic activities, in any such case giving such notice thereof as is reasonably practicable under the circumstances.

While each student may work closely with an academic advisor, he or she must retain individual responsibility for meeting requirements in this catalog and for being aware of any changes in provisions or requirements.


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