2019-2020 Graduate and Professional Studies Catalog 
    
    Mar 28, 2024  
2019-2020 Graduate and Professional Studies Catalog [ARCHIVED CATALOG]

Tuition and Financial Aid Policies


Tuition Satisfactory Academic Progress
Financial Aid Satisfactory Academic Progress Appeals
Federal Financial Aid & Withdrawal  

Tuition

Tuition for students in the School for Graduate and Professional Studies is assessed on a per‐credit basis and is set by the Board of Trustees. Current tuition is listed on the NEC website http://www.nec.edu/admission/financial-aid/graduate-sfs/cost-of-attendance/

All payments and or questions regarding student bills should be addressed to:
New England College
Student Financial Services

98 Bridge Street
Henniker, NH 03242‐3500
Telephone: 603.428.2226
FAX: 603.428.2266

sfs@nec.edu

Financial Aid

Entering students should apply for financial assistance when applying for admission. Aid offers are made only after a student is accepted for admission and the Office of Student Financial Services has received all required forms. Students who are U.S. citizens or eligible non-citizen may apply for financial aid by submitting a Free Application for Federal Student Assistance (FAFSA) at www.fafsa.ed.gov.

NEC also offers graduate assistantships for qualified graduate students. These positions offer students unparalleled leadership opportunities in the NEC community. The positions are competitive, and are based on prior academic record and practical experience. Assistantships are compensated through a scholarship credited to current tuition. Current assistantships include opportunities in Undergraduate Admissions, The Center for Civic Engagement, Project Pericles, International Programs, Information Technology, NEC Athletics (hockey, lacrosse, and soccer), and the NEC Office of Public Information.

In general, most financial aid programs available to graduate students are those offered through the Federal government, such as the Federal Direct Stafford Loan Program (see Financial Aid section in the Undergraduate Catalog for a full description of this program as it relates to graduate students). A student must reapply for financial aid each academic year.

Financial aid awards are credited directly to student accounts upon registration each semester. All required forms must have been received and verified by this time. If a student’s account with the College is paid in full, the student may request a refund of any excess funds to cover other educational costs such as books and supplies.

Refund Procedure: If a student officially withdraws during a term, a portion of any refund calculated under the College’s withdrawal policy will be returned to federal, state, and College programs. Details of this pro‐rated policy are available from Student Financial Services. For complete information and application forms, contact:

New England College
Student Financial Services

98 Bridge Street
Henniker, NH 03242‐3500
Telephone: 603.428.2226
FAX: 603.428.2266

sfs@nec.edu

Federal Financial Aid (Title IV) and Withdrawal        

Students who withdraw before 60% of the term is completed will have their eligible federal financial aid recalculated according to the length of their enrollment. The percentage of time the student remained enrolled is the percentage of eligible aid for that period that the student earned. A student who remains enrolled beyond the 60% point earns all federal aid for that period. The Return of Federal Financial Aid calculation is performed independently of institutional costs incurred for the period of enrollment.

Satisfactory Academic Progress

Satisfactory Academic Progress is required by federal law (34 CFR 668.34) to measure a student’s completion of coursework toward a degree. The Student Financial Services Office monitors the progress of each student to determine if the students meets federal guidelines for receiving financial aid. Students must make both quantitative (pace) and qualitative (GPA) progress toward their program each year to receive financial aid. Students who do not maintain the minimum standards for grade point average and pace of progression may lose their eligibility for federal, state and/or institutional financial aid. Academic progress will be measured at the end of each student’s academic year, or at the midway point for programs under one year. All financial aid applicants are subject to the satisfactory academic standards whether or not they have received financial aid previously.

Students must maintain a Cumulative Grade Point Average (GPA) of 3.0.

Grades of I, P, NR, AU, ADW, ADI, W, T, and WD are not used in grade point calculations. Please refer to the College catalog Academic Policies and Resources  for the complete grading system. Students may receive financial aid for repeating a previously passed course once or a failed course until it is passed. The higher grade for the repeated course is used in the grade point average calculation.

Students must successfully complete a minimum of 67% of all credits attempted throughout their academic history as a graduate student at New England College.

Transfer credits earned at other institutions and accepted by New England College are included as credits attempted and earned. Graduate students may receive financial aid for up to a total of 150% of the total number of attempted credit hours required for their degree.

Students who fail to meet the satisfactory academic progress standards will be placed on financial aid termination and will be ineligible to receive financial aid. Students on termination must pay educational expenses from personal resources or private lenders that do not require a student to maintain Satisfactory Academic Progress.

Appeals

Students failing to meet Satisfactory Academic Progress due to extenuating circumstances may appeal the termination.

Extenuating circumstances may include: prolonged illness/death of an immediate family member, medical illness that created hardship to the student, military activation, change in educational objective, documented learning disability, or other acts beyond control of the student. Students must submit a complete Satisfactory Academic Progress Appeal form to the Student Financial Services Office within 14 days of notification of termination. Students must attach all necessary supporting documentation such as doctor’s notes, accident reports, etc. Appeals will be reviewed within 14 days of receipt. Incomplete appeal forms or missing supporting documentation not received within 14 days timeframe will result in a denied appeal. Decisions regarding appeals will be made in writing to the student.

If an appeal is approved, the student will be either placed on a semester of financial aid probation or on a specific academic plan. If the student is on a semester of financial aid probation, they will be eligible to receive financial aid during the probationary semester and must meet Satisfactory Academic Progress by the end of the semester to remain eligible for financial aid. Students on an academic plan must meet the terms of the plan for the duration of the academic plan to remain eligible for financial aid.