1. The Office of Financial Aid's official communication method is email. It is the responsibility of every student to check their Newberry College email on a regular basis for updates from the financial aid office.
2. Newberry College does not allow gift aid to exceed the direct cost of attendance (tuition, fees, room, and board). Should a student receive more gift aid than is necessary to cover direct costs, OFA will reduce institutional aid to compensate. With the express permission of the Vice President for Administration or their designee, this policy may be overruled on a case-by-case basis.
3. To qualify for institutional aid, students must enroll on a full-time basis each trimester. A student is enrolled on a full-time basis when they enroll in at least 6 credit hours of non-remedial coursework each trimester. Students enrolled in a remaining period of study that is shorter than a full academic year may receive institutional aid at a prorated amount for part-time attendance.
4. Students are primarily responsible for financing their educational costs. Newberry College's financial aid programs are designed to supplement the student's (and family's, if applicable) resources, not pay for the entire cost of attending. For programs that are need-based, a student's level of need is determined using standard federal methodology.
5. Financial aid award amounts are subject to change depending upon funding levels and student eligibility criteria. Receiving a funding type one year does not necessarily indicate that you will receive it in subsequent years.
6. Students wishing to receive a federal direct student loan must complete a Master Promissory Note and Entrance Loan Counseling. Both documents must be completed online at www.studentaid.gov.
7. Students are not eligible for institutional aid while being charged a reduced rate for tuition.
8. Students are required to notify the Office of Financial Aid if they receive any type of aid that is not directly awarded by the college.
9. A U.S. citizen or national, a permanent resident of the U.S., certain residents of the Pacific Islands, and other eligible non-citizens (with an I-151, I-551, I-94, or I-688) may be eligible for some forms of federal aid and/or state aid. Documentation in addition to that indicated in the section "How to Apply for Financial Aid" may be required.