Graduate Financial Aid
The Financial Aid Office is committed to assisting students in finding the financial means necessary to achieve their educational goals.
The following sections provide a brief overview of the programs and procedures. Students looking for more complete information should visit the Financial Aid Web Site.
Types of Financial Aid: Grant/Scholarship Programs
UNE and federally-funded programs with varying amounts depending upon a student's eligibility. Some specific programs are noted below:
Agnes M. Lindsay Trust Northern New England Physician Assistant Sponsorship Program - This is a donor-sponsored competitive scholarship designed to encourage physician assistant students to practice primary health care in rural areas of northern New England. Applicants must come from rural communities (defined as 20,000 people or less) in Maine, New Hampshire, or Vermont, have a strong commitment to primary care practice, and have intentions to return to a rural community in one of those states. Applications are sent to all first-year physician assistant students during the fall semester. Recipients are chosen in late fall and awards are made for the spring term. Award amounts vary depending on availability of funds.
Agnes M. Lindsay Trust P.A. Scholarship - MSPA students from rural Maine, New Hampshire, Vermont, and Massachusetts (population of 5,000 or less) may apply for this scholarship. Applications are sent to all MSPA students late in the fall semester. Awards will be made for the spring term. Award amounts vary depending on availability of funds.
Professional Nurse Traineeship Grants - These federal grants are awarded to all first-year nurse anesthesia students, regardless of financial need. Awards are made late in the fall semester and recipients are required to complete a Statement of Appointment Form that will be sent to all recipients.
Nurse Anesthesia Traineeship Grants - These federal grants are awarded to second-year nurse anesthesia students with the University of New England clinical affiliation, regardless of financial need. Awards are made late In the fall semester and recipients are required to complete a Statement of Appointment Form that will be sent to all recipients.
Federal Subsidized Stafford Loan
This federally-guaranteed loan is available to students demonstrating financial need. The maximum amount per financial aid year is $8,500. The student does not pay principal or interest until six months after the time when the student ceases to be enrolled at least half time. The interest rate is fixed at 6.8%.
Federal Unsubsidized Stafford Loan
This federally guaranteed loan is similar to the Subsidized Stafford Loan, except that interest begins to accrue from the time the loan is disbursed through repayment. Students may receive up to $10,000 per academic year. Students can pay the interest while in school or elect to have all the unpaid interest added into the loan principal at the start of repayment. The interest rate is fixed at 6.8%.
Alternative Loan Programs
Privately-funded alternative loan programs are available to graduate students who have a satisfactory credit history. Alternative loans should be used only after all other types of financial assistance have been explored, as they generally are more expensive than other types of student loans. The Financial Aid Office maintains a listing of recommended alternative loan programs; this list is mailed to students with their Financial Aid Award Letter.
Notice and Responsibilities Regarding this Catalog
This Catalog documents the academic programs, policies, and activities of the University of New England for the 2007-2008 academic year. The information contained herein is accurate as of date of publication August 1, 2007.
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.