This catalog is for 1999-2000 only. For the printed version, contact Admissions at 703-522-5600.

1999-2000 Marymount University Catalog
Financial Aid

Undergraduate Financial Aid
Purposes of Student Financial Aid
Eligibility for Need-based Aid
Financial Aid Application Procedure
Grants
Loans
  Educational Payment Plan
Scholarships
Student Employment
Graduate Financial Aid
Grants
Loans
Scholarships

Undergraduate Financial Aid

Purposes of Student Financial Aid Programs

The Marymount University program of financial aid attempts to help those students who have academic potential and limited financial resources. In addition, scholarships are awarded to students who demonstrate outstanding academic potential and performance, with financial need considered but not a prerequisite.

The objective of all federal and most state aid programs is to provide opportunities for those who would not be able to complete their college education without financial assistance. Certain states such as the Commonwealth of Virginia award grants without regard to financial need to those students who apply and can prove state residence.

Information and deadlines for applying for scholarships and aid are available from the University’s Financial Aid Office.

Eligibility for Need-based Aid

Financial aid is any grant, scholarship, loan, or paid employment offered for the express purpose of helping a student meet educationally related expenses. Determining how much financial aid a student will receive is calculated in the following manner:

1.The budget for a student’s academic year living and educational expenses is determined, taking into account factors such as residence, enrollment, and dependence.

2.The expected contribution by the student and family toward the student’s yearly expenses is determined through a federal formula.

3.The resources contributed by the student and family are subtracted from the budget, and the remaining amount is referred to as the student’s “financial need.”

Financial Aid Application Procedure

1.New and currently enrolled undergraduate students must file a Free Application for Federal Student Aid (FAFSA). The information is analyzed and a report sent to the University on the estimated contribution expected from the family or the self-supporting student.

2.A Marymount University financial aid application must be filed with the Financial Aid Office.

3.Awards are offered when applications are complete and the student has been accepted for enrollment into a degree program.

4.Financial aid applications must be submitted for each academic year in which financial assistance is required.

Grants

D.C. State Student Incentive Grant (DCSSIG) is a need-based program for undergraduates who meet D.C. residence requirements. Applicants must enroll at least half time in a degree program. Students must follow financial aid application procedures. The DCSSIG application must also be completed and submitted to the Financial Aid Office prior to the published June deadline.

Federal Pell Grant program provides federal gift aid for students. The grants range from $400 to $3,000 a year based on enrollment status. Eligibility is determined by the federal government. A student applies for this grant by following the financial aid application procedures. An official notification, the Student Aid Report (SAR), will be sent to the student. Repayment is not required.

Federal Supplemental Educational Opportunity Grant (SEOG) is a federal grant for eligible full-time undergraduate students who demonstrate financial need. Awards range from $100 to $4,000 per academic year. Students must follow financial aid application procedures to apply.

Marymount Incentive Grants for Service are offered by the University to assist full-time students with demonstrated financial need. Campus service of 6-10 hours each week, depending on the amount of the award, is required. Awards range from $1,200 to $2,000. Students must follow financial aid application procedures. This award is subject to local, state, and federal tax laws.

Marymount Tuition Assistance Grants are sponsored by the University to make education affordable for as many full-time students as possible. To apply, students must follow financial aid application procedures. Awards are based on an indication of financial need.

Virginia State College Scholarship Assistance Program (CSAP) is available to Virginia residents who will be full-time undergraduates and who demonstrate financial need. Students must file for the Virginia Tuition Assistance Grant and follow the financial aid application procedure. Repayment is not required.

Virginia Tuition Assistance Grant Program (VTAGP), not based on financial need, is available to all legal Virginia residents who are full-time students and who do not have a previously earned bachelor’s degree. The amount of the award is up to $2,600. Awards will be made by the Commonwealth to students who file TAGP applications by July 31. Repayment is not required. Late applications will be considered if funds are available. For further information, contact the Financial Aid Office. The program is funded by the Commonwealth of Virginia.

Loans

Federal PLUS Loan may be used to supplement other financial aid programs. Parents of dependent undergraduates are eligible to apply for this loan each academic year at a variable interest rate. Eligibility is based on credit worthiness. Students must follow the financial aid application procedures. Specific details may be obtained by contacting the Financial Aid Office.

William D. Ford Federal Direct Stafford Loan is for students enrolled on at least a half-time basis in degree programs and enables them to borrow an annual amount based on their grade level and length of program. The federal government will pay the interest until the repayment period begins six months after the student leaves school.

The Financial Aid Office provides information on obtaining the loan with Award Letter notification. The loan is borrowed directly from the federal government and the amount of the loan is based on the applicant’s

eligibility. Students must complete the financial aid application process and demonstrate need in order qualify. A Federal Direct Unsubsidized Stafford Loan is available for those who do not demonstrate need. The terms are the same as those for the William D. Ford Federal Direct Stafford Loan except that the student is responsible for the interest while in school.

Federal Perkins Loan* is a federal program providing long-term loans to students who demonstrate financial need and are capable of academic performance at an acceptable level. The amounts awarded vary, depending on financial need. No interest accrues on the loan as long as the borrower remains at least a half-time student. Interest begins to accrue six months after the borrower ceases to be at least a half-time student and nine months for borrowers who received loans on or after July 1, 1987. The interest accrues at the rate of 5% per year. There are special cancellation provisions for borrowers who either become teachers in designated schools educating students from low-income families, or are teachers of handicapped students, or are in Head Start programs. Students must follow financial aid application procedures.

Nursing Student Loan* is available to students who pursue as associate degree in Nursing and who have financial need. Students enrolled at least half time may borrow up to $2,500 at 5% interest for an academic year. Provision for interest and repayment is similar to the Perkins Loan except that repayment must begin if one transfers out of the nursing field to a different curriculum. Students must follow the financial aid application procedures.

*Notice to Perkins and NSL Participants

By law, each student who participates in the Perkins Loan program and the Nursing Student Loan (NSL) program must comply with the following requirements:

· Attend an entrance interview at the time the promissory note is signed during which the borrower’s rights, responsibilities, and obligations under the loan are explained.

· Attend an exit interview to be scheduled with the Loan Officer prior to leaving the University.

· Repay the loan in accordance with the repayment schedule and notify the Loan Officer of any change in name or address.

Failure to comply with these rules will result in the withholding of academic transcripts and grade reports and re-entry may be refused by Marymount University. Delinquent accounts may be referred to a collection agency. Legal action or reassignment of the loan to the federal government may occur in cases of defaulted loans.

Educational Payment Plan

Academic Management Services (AMS) offers a ten-month budgeting plan that begins in May prior to fall semester. All or part of the annual costs may be budgeted with no interest rate assessed. A nonrefundable annual enrollment fee of $50 that includes insurance is needed to apply. Applications are available from the Financial Aid Office or from AMS at (800) 635-0120.

Scholarships

Scholarships are awarded on the basis of academic performance. Need is considered but is not a prerequisite. There is no requirement for repayment. Details on all scholarships are available from the Financial Aid Office. All scholarships are listed in alphabetical order.

The following scholarships are funded by Marymount University:

Marymount Alumni Scholarship

Contributed by William C. Frogale, this scholarship is awarded to any full-time undergraduate who is a graduate or son or daughter of a graduate of Marymount schools and colleges.

Marymount Freshman Scholarships

Scholarship for new full-time freshman students who have a cumulative grade point average of B or better in high school and a combined SAT score of 1050 or higher. Interested students can contact the Admissions Office for more information. The scholarship is renewable for students who maintain academic eligibility.

The Presidential Scholarship is the University’s most competitive freshmen scholarship program. Students must have a combined SAT score of 1200 or higher and at least a B average. Each student must complete a scholarship application. Applications may be obtained from the Admissions Office.

Marymount Leadership Scholarships

Awarded to members of the Student Faculty Council and the Co-Curricular Council who are serving the University in eligible leadership roles.

Marymount Transfer Academic Scholarship

A competitive scholarship for new full-time students who present transfer credit for 30 semester credits or more with a cumulative grade point average of 3.3 or better and intend to earn their first bachelor’s degree from Marymount. The scholarship is renewable for full-time students maintaining eligibility. Applications may be obtained from the Admissions Office. Deadline is May 1.

Marymount Upperclassman Academic Scholarships

Competitive scholarships for full-time students who have completed the required number of semester credits of academic work with a cumulative grade point average of 3.0 or better; intend to matriculate as full-time students toward their first bachelor’s degree at Marymount; and are recommended by the Scholarship Review Committee. Deadline is April 1.

Other scholarships:

Kazuko Barkey Scholarship

Established in 1997 in honor of Mrs. Kazuko Barkey and awarded annually to a full-time undergraduate student majoring in Interior Design, who possesses a minimum of a 3.0 grade point average, and who demonstrates financial need.

Fred W. Beazley Scholarships

Awarded annually to two entering full-time freshmen with academic promise and financial need. Awards are limited to Virginia residents and are renewable with maintenance of a satisfactory cumulative grade point average.

David Strouse Blount Scholarships

Established by the Blount Educational Foundation, these scholarships offer awards to Virginians enrolled full time in undergraduate study. Students are nominated on the basis of need. Students must follow the financial aid application procedures.

Sr. M. Majella Berg, RSHM Scholarship

Awarded competitively to a full-time student demonstrating need.

Daphne Brady Nursing Scholarship

Awarded to a full-time undergraduate nursing major who has financial need and satisfactory academic ability.

Daniel Mack Cornell Endowed Scholarship

This scholarship will be granted to juniors or seniors in communications who have a record as outstanding students in the field of communications with a minimum 3.4 GPA earned at Marymount or transferred from another educational institution, who are carrying at least nine credit hours and working toward full-time student status (as defined by University policy), who intend to pursue graduate study and/or a career in communication or writing, and are U.S. citizens.

Pablo Coto Endowed Scholarship

Supported by a fund established in memory of Pablo Coto. The scholarship is awarded annually to a senior student who exemplifies excellence in academics and leadership and demonstrates a deep spiritual commitment and loyalty to family and classmates.

Paul Douglas Teacher Scholarship Program

Offers a merit-based award of up to $5,000 for undergraduate students matriculating full time in a teacher education program. Students must have ranked in the top 10% of their graduating high school class.

Richard Eaton Foundation Nursing Scholarship

Established in 1995 with a grant from the Richard Eaton Foundation, this scholarship is awarded each year to full-time nursing students with financial need.

Ann Leary Finnegan Scholarship

Awarded annually to a full-time undergraduate Nursing student demonstrating academic promise and financial need.

William Randolph Hearst Endowed Scholarships
for Students in Nursing

Provided through an endowed fund established by the William Randolph Hearst Foundation, these scholarships are awarded to full-time undergraduate Nursing students who have financial need.

Sr. Marie Louise Hogan, RSHM Scholarship

Awarded annually to an adult undergraduate student who is returning to college full-time for retraining in his or her field of interest.

Sadie W. Kyle Endowed Business Scholarship

Awarded to an outstanding full-time undergraduate student pursuing a bachelor’s degree in Business Administration at Marymount University.

Rose Ann Benté Lee Nursing Scholarship

Established in 1984 by Mrs. Rose Ann Benté Lee for deserving and qualified full-time Nursing students with financial need.

Mary Gee Long Scholarship

Awarded to a deserving full-time student who demonstrates financial need.

Clare Boothe Luce Scholarship

Offered pursuant to a major bequest to the University by Mrs. Luce. The fund provides scholarships to highly qualified female undergraduates, to encourage them to enter; study; graduate; and teach physics, chemistry, biology, meteorology, engineering, computer science, mathematics, and physical science. Graduating high school seniors, transfer students, and currently enrolled students may apply. Awards are made solely on the basis of merit and are calculated to include the cost of tuition and/or room and board. Eligibility is limited to women who are U.S. citizens and enrolled full-time. The deadline is March 15; late applications are accepted until May 1 contingent upon funding. Applications are available from the Admissions and Financial Aid offices.

William G. McGowan Scholarship Fund for Disadvantaged Students

Awarded annually to full-time students with financial need, the scholarship was established in 1995 with a grant from the William G. McGowan Foundation in memory of Mr. McGowan, founder of MCI, who believed in creating educational opportunities to develop the gifts and talents of the young.

Sr. Dolorita Mooney, RSHM Memorial Scholarship

Awarded to a deserving full-time student with financial need.

Henry C. and Bessie B. Newton Scholarship

Sponsored by the University, this generous grant program is designed to make a Marymount education affordable for as many full-time undergraduate students as possible. Students must follow the financial aid application procedures.

Maura O’Donnell Memorial Scholarship

Awarded annually to a full-time student in the A.A.S. Nursing program who has successfully completed the

freshman year at Marymount University. Financial need is considered as well as academic standing.

Kathleen O’Neill Bocek Scholarship

Awarded to a full-time sophomore student who displays outstanding qualities of personality during the freshman year.

Religious of the Sacred Heart of Mary Scholarship

Awarded annually to a deserving full-time undergraduate student demonstrating financial need.

ROTC Scholarships

Awarded by the U.S. Army on a competitive basis to outstanding young men and women interested in a military career option. Marymount offers on-campus partial resident scholarships on a space available basis to students chosen as ROTC scholarship winners and partial tuition scholarships to students enrolled in the ROTC program but who do not win an ROTC scholarship.

Rowley Oxford Scholarship

This scholarship, made possible by a generous alumnus, is awarded each year to at least one student whose competitive essay, based upon broad scholarship, is judged to be of highest merit. This scholarship provides travel, tuition, and room and board expenses for a six-week summer course of study at Oxford University.

Mary Phelan Baynes Scholarship

This scholarship is awarded annually to a full-time undergraduate student pursuing a degree in the School of Business Administration who has an interest in retailing and who demonstrates financial need. The student is eligible to retain the scholarship from initial receipt until graduation.

Mary Lee Scatterday Scholarship

Awarded annually to an outstanding, full-time, undergraduate student pursuing a degree in the field of art at Marymount University. Financial need is considered in making the award.

UPS Scholarship

Funded by the UPS Foundation, this scholarship provides an award annually to a full-time student with academic promise and financial need.

Steven C. Virbick Memorial Scholarship

Awarded to full-time undergraduate students who have financial need and a B average or better.

Virginia Junior Miss Scholarships

Awarded to Virginia’s Junior Miss and all Virginia contestants enrolling full time at Marymount Scholarships are renewable for four years providing the student maintains a at least 3.0 cumulative grade point average.

The Virginia Scholars Program

Offers a merit-based scholarship of $3,000 for Virginia students enrolling full time in a bachelor’s degree program. High school students must be nominated by January 15 by a Virginia high school; transfer students from Virginia’s public two-year colleges must be nominated by May 15 by a two-year public college. Awards may be renewed.

Virginia Teaching Scholarship Loan Program

Offers an annual $2,000 scholarship/loan with no repayment requirement for those who teach in Virginia each year that the award is received. Students may apply if they have cumulative GPAs of 2.7 or above, are at junior level or above, and are enrolled full time in approved mathematics, science, foreign language, or special education programs. The scholarship is restricted to Virginia residents.

Washington Post/Eastern High School Incentive Scholarship

An award for academically talented graduates of Eastern High School in Washington, DC. Scholarship funds are set aside for each semester a student attains all A’s and B’s. These funds are matched by Marymount. Upon graduation, these scholarship funds are transmitted to the University for school costs.

Lettie Pate Whitehead Scholarships

Provided by the Lettie Pate Whitehead Foundation, Inc., these grants are available to Christian women pursuing a degree in Nursing. Applicants must apply for financial aid, demonstrate need, and meet other eligibility criteria.

Elizabeth Wright Memorial Scholarship

Awarded to a talented undergraduate student seeking a career in the communication arts.

Student Employment

Federal College Work Study (FWS), a federal program, makes on-campus jobs available to students with demonstrated financial need. The earnings are not credited to student accounts, but are paid directly to the student each month. Jobs are assigned through the Office of the Vice President for Student Services. Students must follow financial aid application procedures.

Campus Employment The University employs a large number of full-time students and pays them from its own resources. Students who are not eligible for FWS awards may apply for employment under this program. Applications are available at the Financial Aid Office and from the Vice President for Student Services.

Senior Citizens’ Discount

As a service to senior citizens residing in its community, the University offers to persons 65 years or older a tuition discount of 50% for undergraduate and graduate courses. Applicants must first meet all regular admission criteria for either degree candidacy or nondegree status.

Graduate
Financial Aid

Graduate Assistantships

Graduate students are eligible for assistantships in all Schools and select offices upon presentation of appropriate credentials. Assistantships provide tuition reimbursement and a living expense stipend. For details and procedures to apply for graduate assistantships, contact the Office of Academic Affairs.

Grants

D.C. State Student Incentive Grant (DCSSIG) is a need-based grant program for graduates accepted for enrollment pursuing a first master’s degree. Students must enroll at least half time and follow the financial aid application procedures, as well as complete a DCSSIG application. The application deadline is in June of each year. Eligibility is restricted to D.C. residents. Contact the Financial Aid Office for applications.

Virginia Tuition Assistance Grant Program (VTAGP) offers to full-time graduate degree-seeking students (pursuing a first graduate degree), who are legal residents of the state, a grant of up to $2,000 for graduate study, regardless of need. Applications, which are available from the Financial Aid Office, must be submitted annually by July 31. Late applications will be considered if funds are available. There is no requirement for repayment. This program is funded by the Commonwealth of Virginia.

Loans

William D. Ford Federal Direct Loan Graduate students may borrow each academic year. Students must enroll at least half time in a degree program for six credits per semester. For details, see the section on Undergraduate Financial Aid.

Federal Perkins Loan

Refer to application procedures under Undergraduate Financial Aid. The aggregate

maximum for graduate study is $18,000. This includes any amount borrowed for undergraduate study.

Notice to Perkins Participants

By law, each student who participates in the Perkins Loan (formerly National Direct Student Loan) program must comply with the following requirements:

· Attend an entrance interview at the time the promissory note is signed during which the borrower’s rights, responsibilities, and obligations under the loan are explained.

· Attend an exit interview to be scheduled with the loan officer prior to leaving the University.

· Repay the loan in accordance with the repayment schedule and notify the loan officer of any change in name or address.

Failure to comply with these rules will result in the withholding of academic transcripts and grade reports, and re-entry may be refused by Marymount University. Delinquent accounts may be referred to a collection agency. Legal action or reassignment of the loan to the federal government may occur in cases of defaulted loans.

Scholarships

William G. McGowan Scholarship Fund for Disadvantaged Students

Awarded annually to full-time students with financial need, the scholarship was established in 1995 with a grant from the William G. McGowan Foundation in memory of Mr. McGowan, founder of MCI, who believed in creating educational opportunities to develop the gifts and talents of the young.

 


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