UNDERGRADUATE FINANCIAL AID

There are many different sources of financial aid available at the University of Valley Forge, including grants, loans and scholarships. We feel that students should receive a quality education and UVF is committed to helping you ease the financial burden of obtaining your degree. Our efforts are directed at minimizing costs without sacrificing personal services or academic programming. In fact, our costs are lower than most four-year private colleges.

Be certain not to wait until the last minute. Often there are several forms to complete in order to qualify for grants and loans from the federal or state governments. The earlier you submit this paperwork, the greater your chances are of receiving all the financial aid available.

One of the best ways to fund your college education may include the money you earn while attending college. The University of Valley Forge provides over 100 on-campus jobs to help students pay for college and develop skills and experience. The Office of Career Services networks with local business and employers and can help you find a good job that meets your needs and schedule.

Financial assistance is available on the basis of the student’s estimated financial need. Federal and state governments include specific guidelines for calculating an individual’s eligibility for need-based aid. To find out if you are eligible to receive aid, you must complete the Free Application for Federal Student Aid (FAFSA).

Aid assistance is determined for a one- year period only, but recipients can generally expect their financial gift to continue as long as their academic records are satisfactory and comparable need is demonstrated. The exact amount of need is determined each year on the basis of confidential income information submitted by the student and their parents.

 

CERTIFICATION REQUIREMENTS

The Department of Education selects, at random, various students who fill out the Free Application for Federal Student Aid (FAFSA) for review in a process called “verification. ” In this process, University of Valley Forge will be comparing information from your application with your federal tax transcript your parents’(or spouse’s) tax transcript, or with W-2 forms or other financial documents. If there are differences between your application information and your financial documents, you may need to send in corrections on your Student Aid Report (SAR) or UVF may send corrections electronically to have your information reprocessed. You may be asked for supplemental documentation from the Financial Services Office even if you were not selected by the Department of Education for verification. This is done at the discretion of the Financial Services Office based on the review of a student’s file and the determination that additional information is warranted. You will have 30 days to complete the verification process. All documents received after that time may delay the processing of financial aid.

 

APPLYING FOR FINANCIAL AID

Following is the procedure to apply for UVF financial assistance:

    • Apply for admission to UVF. Applications are available on UVF’s website or upon request from the Admissions Office.
    • Complete the Free Application for Federal Student Aid (FAFSA) online at fafsa.gov. Make sure to list UVF’s school code (003306) on the last section of the FAFSA.
    • Most scholarships require a specific application. These forms are available on UVF’s website or may be requested from the Financial Services Office. Individual scholarships may have application deadlines, which will be included on the applications.
    • Approximately three weeks after sending in your FAFSA, you will receive a Student Aid Report (SAR). UVF will receive your FAFSA results electronically about the same time you receive the SAR. The Financial Services Office will review your information and contact you if additional documentation/information is needed.
    • When all required financial data has been received, the Financial Services Office will evaluate your information and send you a Financial Aid Letter estimating amounts and types of aid for which you are eligible.
    • If you are eligible for loans or college work- study, you will need to complete additional paperwork to apply for these types of aid.

 

WHEN SHOULD YOU APPLY?

Apply for financial aid as early as possible prior to the academic term for which you are requesting assistance. Students are encouraged to file the Free Application for Federal Student Aid (FAFSA). For students entering college in the fall, the FAFSA may be completed any time after October 1 of the prior year. To apply online, go to fafsa.gov.

To meet the Pennsylvania State Grant deadline, the FAFSA must be submitted in time to be received by May 1. Check the FAFSA for your particular state deadline.

All financial aid information should be completed (including loan applications and any corrections needed by the student and/ or the parents) and on file with the Financial Services Office 30 days prior to the beginning of the semester.

 

SCHOLARSHIPS

UVF is pleased to offer numerous scholarships to our students. Please keep the following requirements in mind:

    • Scholarships will be awarded to first time entering freshmen and transfer students based on eligibility.
    • The combination of institutional scholarships cannot exceed the student’s tuition during the semester.
    • Students must be enrolled for and maintain full-time (12 credits) status for the entire semester.
    • All scholarships are renewable with a 2. 0 GPA unless otherwise noted.
    • Application deadline for all scholarships is August 1 for fall entrants and December 1 for spring entrants.
    • Scholarships are not available for online programs.
    • Institutional scholarships are available for Fall and Spring semesters only.

 

UVF SCHOLARSHIP

RENEWABLE

The UVF Scholarship is awarded to all students. The amount is determined by the student’s financial eligibility, academic achievement, and resident status.

    • Stacks with all other institutional scholarships.
    • Renewable with a 2. 0 GPA.

 

DUAL ENROLLMENT SCHOLARSHIP

RENEWABLE

Award amount is $500 per year – up to 4 years

This scholarship is for new students who have earned at least 12 credits at UVF during their junior and/or senior years of high school.

 

PERFORMANCE AWARDS

Students may receive only one performance award.

 

FINE ARTS SCHOLARSHIP

RENEWABLE

    • Awarded to first time entering students who receive:

DISTRICT LEVEL: 

    • Superior with Invitation – $750 

NATIONAL LEVEL:

    • Excellent – $1,000 
    • Superior – $1,500 
    • Top Ten – $2,000

Award of Merit – $2,500

    • Students will receive an award based on their highest achievement in each category attained throughout their high school career. Awards can be stacked up to a maximum of $2,500 from different categories.
    • Only awards received during the student’s high school career will be granted.

 

MUSIC SCHOLARSHIPS

RENEWABLE

    • Award amounts range up to $3,000 per year.
    • New or transfer students may apply by audition at Breakaway or by appointment. Returning students may audition at announced times during the academic year.
    • Participation in assigned ensembles will be required. (Music lessons also required for returning students. )

For information about the Virtuoso full tuition scholarship for new or transfer students, contact the Music Department at 610. 917. 3954. The deadline to apply is the end of the second week of October. Students who are receiving the Virtuoso Scholarship may be assigned to participate with UVF Worship or other UVF ministry teams.

These teams have summer responsibilities of 8-10 weeks. Assignment to these teams will not generally be more than two years. Since the Virtuoso student is receiving a full- tuition scholarship, no further scholarship is awarded for participation with these groups. This scholarship is renewable with a 2. 5 cumulative GPA.

 

BIBLE QUIZ SCHOLARSHIP

RENEWABLE

    • A student can earn ONE TEAM, ONE TOP QUIZZER and ONE

NATIONAL MEMORIZATION Bible

Quiz Scholarship. If the student meets the qualification more than once in any of the above three categories, the highest award earned will be given.

TEAM – “A” League

National:

    • 1st = $1,000
    • 2nd = $875
    • 3rd = $750

Regional:

    • 1st = $750
    • 2nd = $625
    • 3rd = $500

District:

    • 1st = $500
    • 2nd = $375
    • 3rd = $250

TOP 6 QUIZZER – “A” League

    • National: $1,000
    • Regional: $750
    • District: $500

NATIONAL MEMORIZATION – “A” League

    • Memorized books 3 years = $1,000
    • Memorized books 2 years = $750
    • Memorized books 1 year = $500

 

ROYAL RANGER/NATIONAL GIRLS MINISTRIES GOLD MEDAL SCHOLARSHIP

RENEWABLE

    • Award amount is $1,000 per year.
    • Awarded for Royal Ranger Gold Medal of Achievement.
    • Awarded for National Girls Ministry Gold Medal of Honor.

 

CHURCH/MINISTRY RELATED AWARDS

CHURCH MATCH SCHOLARSHIP*

Donations up to $500 per year will be matched by UVF.

    • Funds must not come from the students, parents, or relatives, or from the monthly pledge the church has designated for the University of Valley Forge.
    • The church donation FOR THE WHOLE YEAR must be sent by the application deadline.
    • Students who enroll for only one semester are eligible for matching on church donations up to $250.
    • Church funds may be given to students after the deadline; however, no match will be given.

 

MINISTER, MINISTER DEPENDENT, MISSIONARY & MISSIONARY DEPENDENT SCHOLARSHIP*

RENEWABLE

      • Awarded to students who fit in the above categories in the Assemblies of God (licensed or ordained for a minimum of 2 years).
      • Award amounts are:
        • Officially appointed US Assemblies of God foreign or home missionaries, or their dependents – Full Tuition per year. This does not stack with other institutional aid.
        • Minister and dependents – $2,000 per year

Note: Ministers from World Assemblies of God or other denominations may qualify for $1,000 per year upon application and approval (Not applicable for non-AG Chaplains. )

 

DYD (DISTRICT YOUTH DIRECTOR) SCHOLARSHIP*

RENEWABLE

      • Award amount is $1,000 per year – up to 4 years.
      • One recipient selected each year from each district of the Assemblies of God by the DYD.
      • Deadline to be submitted to District Office varies per district.

 

UVF INVESTS IN OUR STUDENTS

UVF INVESTS OVER $5 MILLION ANNUALLY IN SCHOLARSHIPS FOR OUR STUDENTS.

In addition to the numerous scholarship opportunities listed in this brochure for new and transfer students, UVF continues to invest in returning students by providing the following scholarship options:

 

UVF SERVICE SCHOLARSHIPS*

      • Awarded to students who serve UVF in various avenues of leadership.
      • Award amounts range from $250 to $7,960 per year.
      • Leadership options include UVF Worship, Associate Resident Assistant, Resident Assistant, Chapel Ushers, College-For-A-Day Hosts, Missions Committee, Media Production Team, and Student Links.
    •  

DONOR SCHOLARSHIPS*

      • Award amounts vary.
      • Awarded to freshman and returning students based on current achievement and future promise in their field of study.
      • Application deadline announced during academic year.

* SCHOLARSHIP STACKS WITH UVF SCHOLARSHIP AND PERFORMANCE AWARDS.

 

ON-CAMPUS JOBS PROGRAM

These jobs are available to students whose financial aid file is complete or who have filed a FAFSA Waiver stating that they are not filing a FAFSA. This includes federal work study jobs. Some of these jobs require a specific skill or need to be filled at the very start of the semester.

 

OFF-CAMPUS JOBS

The Office of Career Services networks with local businesses and employers who hire our students, and we host a Job Fair during the first week of classes which attracts dozens of employers. There are also listings of local employment opportunities with contact information provided through Career Services.

 

FEDERAL AND STATE PROGRAMS

FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) IS REQUIRED.

APPLY ONLINE AT FAFSA.GOV OR THE FAFSA IS ALSO AVAILABLE UPON REQUEST BY CALLING 1.800.4FEDAID. THE SCHOOL CODE FOR UVF IS 003306.

The document provided by the Department of Education to determine your family’s aid eligibility is the Free Application for Federal Student Aid (FAFSA). The Department utilizes a standard formula which takes into consideration family income, number of dependents, assets, and the number of other family members in college.

This formula remains the same, no matter what the cost of the college. Once the expected family contribution (EFC) is calculated, eligibility for the following funds can be determined.

Most families use savings, income or loans in order to meet their college costs.

 

FEDERAL PELL GRANT

FOR UNDERGRADUATE STUDENTS WITHOUT A PRIOR BACHELOR’S DEGREE WITH QUALIFYING FINANCIAL NEED.

    • Maximum grant amount of $6,895 for 2022-2023.
    • FAFSA is required each year.

 

FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT

FOR FULL-TIME UNDERGRADUATE STUDENTS WITH QUALIFYING FINANCIAL NEED.

    • Grant amount is $500 per year.
    • Limited in quantity and awarded based on need with priority given to Pell Grant recipients.
    • FAFSA is required each year.

 

PENNSYLVANIA STATE GRANT

FOR PENNSYLVANIA RESIDENTS WHO DEMONSTRATE FINANCIAL NEED.

    • Grant amount ranged from $500-$5,750 for 2022-w.
    • FAFSA must be received by May 1 to meet the state deadline.
    • PA State Grant Status Notice may be required.

 

DE, MA, OH, VT & WV STATE GRANTS

GIFTED TO RESIDENTS OF THE ABOVE STATES WHO DEMONSTRATE FINANCIAL NEED.

    • Application deadlines vary. Contact your local high school or fafsa.gov for a specific state deadline.
    • Additional form(s) may be required.

 

FEDERAL COLLEGE WORK-STUDY

STUDENTS WITH FINANCIAL NEED ARE ELIGIBLE TO APPLY.

    • Students who qualify for work-study are encouraged to apply for an on-campus job under the On-Campus Jobs Program.
    • If gifted, Federal Work Study (FWS) will appear on the financial aid award letter, but is not directly credited to the student’s bill.
    • Students receive a paycheck or direct deposit of funds for hours worked.
    • Students work on campus in a variety of jobs usually 10-15 hours per week.

 

FEDERAL DIRECT SUBSIDIZED LOAN

LOW INTEREST FEDERAL LOAN FOR QUALIFIED STUDENTS.

    • Repayment (principal and interest) begins six months after a student graduates, withdraws, or drops below half-time status.
    • Fixed interest rate for the life of the loan is determined by the first disbursement date of the loan.
    • Loan must be repaid within 10 years at payments of no less than $50 per month. Other payment options are available.
    • Loan amounts are up to $3,500 for0-23. 5 earned credits, $4,500 for 24-47. 5 earned credits, and $5,500 for 48+ earned credits.

 

FEDERAL DIRECT UNSUBSIDIZED LOAN

THIS FEDERAL LOAN HAS THE SAME TERMS AND CONDITIONS AS THE SUBSIDIZED LOAN.

    • Loan amount of $2,000 awarded to ALL students per year.
    • In addition to the guaranteed

$2,000 unsubsidized loan, additional unsubsidized loan monies are available to students who are not eligible for the full subsidized amount 

    • Independent students with 0-47. 5 earned credits may borrow an additional $4,000 above regular loan limits and independent students with 48+ earned credits may borrow an additional $5,000 above regular loan limits.
    • Dependent students whose parents have been denied a PLUS loan (credit reviewed annually) qualify for an additional unsubsidized loan of $4,000 if they have 0-47. 5 earned credits and $5,000 if they have 48+ earned credits. This is in addition to the $2,000 unsubsidized loan awarded to all students.

 

FEDERAL DIRECT PARENT LOAN FOR UNDERGRADUATE STUDENTS (PLUS)

PARENTS OF DEPENDENT STUDENTS CAN BORROW THROUGH THIS LOAN PROGRAM.

    • Repayment begins once the loan has fully disbursed or may be deferred until 6 months after the student graduates, withdraws, or drops below half-time.
    • Fixed interest rate for the life of the loan is determined by the first disbursement date of the loan.
    • Loan amounts vary and cannot exceed the cost of attendance minus other financial aid received.

 

FINANCING OPTIONS

MONTHLY PAYMENT PLAN

The university provides no-interest financing to help students manage the cost of education. This is a budgeting service that allows the student to pay semester education costs through monthly installments.

    • Monthly payments begin in advance of the college year based on a student’s estimated costs for two semesters ( July for Fall and January for Spring).
    • Monthly Payment Plans are not offered for summer courses. All Summer course balances require payment in full by April 15.
    • The payment plan for fall runs from July to December. Spring payment plans are January through June.
    • There are no interest or finance charges to non-delinquent participants.

 

PRIVATE LOANS

Private loans help supplement the student’s cost of attendance.

    • Applicant and/or co-signer must be credit-worthy.
    • Interest rates, fees, and deferred payment plan amounts vary depending on the lender.
    • For more information, go to ELMselect.com/#/.

 

OTHER RESOURCES

Veteran benefits and Occupational Vocational Rehabilitation are available to qualified students. Contact the local office of the appropriate agency to investigate these resources. There are also a number of scholarship programs available through community organizations and corporations. Check on the availability of such aid through your guidance counselor, church, parents’ employers, and through the internet.

 

SATISFACTORY ACADEMIC PROGRESS POLICY

The Higher Education Amendments of 2010 mandates institutions of higher education to establish standards of “satisfactory progress” for all students receiving financial aid. These standards will be used to determine a student’s continued eligibility for federal financial funding. The University of Valley Forge will make the following standards applicable to all federal funds awarded to students.

 

REQUIREMENTS FOR SATISFACTORY ACADEMIC PROGRESS

SAP for both full-time and part-time students has two components—Pace and GPA.

 

STUDENT AID PROGRAMS AFFECTED:

    • Federal Pell Grant
    • Federal Supplemental Educational Opportunity Grant (SEOG)
    • Federal TEACH Grant
    • Federal Work-Study
    • Federal Perkins Loan
    • Federal Direct Loan
    • Federal Direct PLUS Loan

Note: The Satisfactory Academic Progress (SAP) standard does not affect the PHEAA State Grant Program. Pennsylvania has established its own SAP standards. The award notices sent from PHEAA describe the SAP requirements.

 

REPEATED COURSES

Classes in which the student received a grade of F and is repeating will count toward determination of enrollment status and will be eligible for financial aid. Classes in which the student received a passing grade of D- or higher will count toward determination of enrollment and will be eligible for financial aid only one time. Repeated courses will be counted each time in the completion calculation. If a student repeats a course, only the highest of the grades received for the course will be used in the calculation of the grade point average.

 

WITHDRAWN COURSES

Withdrawn courses neither earn credit nor influence grade point average; however, they do affect the completion rate. Students may retake courses from which they have withdrawn which will count toward determination of enrollment status and will be eligible for financial aid.

 

INCOMPLETE COURSES

Incomplete courses do not earn credit but influence grade point average as an “F” in the semester they are listed as Incomplete. Work for incomplete courses must be completed within six weeks following the end of the term in which the class was taken or the final grade automatically becomes an “F. ” Only the Academic Affairs Committee is authorized to make a grade change later than 6 weeks after the class was taken.

Appeal Process: Students who fail to meet SAP during their warning semester must appeal to continue receiving federal aid. Appeals should be received by the Satisfactory Academic Progress Committee within 30 days of notification of status. Reasons for appeal might include:

    • Medical, family or emotional difficulty
    • Learning disability
    • Other special, significant or unusual circumstances

Information regarding the necessary documentation for the appeal will be provided in individual letters to the students

PACE

The student must complete 67% of cumulative credits attempted (including repeated credits and transfer credits). The student may attempt, including transfer credits, a maximum of 150% of published length of the academic program before financial aid will be terminated. Students who change majors or are pursuing a double major will be evaluated on a case-by-case basis for an extension of maximum credits.

ASSOCIATE DEGREE PROGRAMS

Hours Earned

Cumulative GPA (Grade Point Average)

0 – 29. 5

1. 6

30 and above

2. 0

 

BACHELOR’S DEGREE PROGRAMS

0 – 29. 5

1. 6

30 – 59. 5

1. 8

60 and above

2. 0

 

MASTER’S DEGREE PROGRAMS

0 – 36

3. 0

 

AUDIT COURSES

Audit courses do not earn credit nor influence grade point average. They are not eligible for financial aid.

 

REMEDIAL COURSES

Remedial courses will count toward determination of enrollment status, will influence grade point average and will be eligible for financial aid.

 

PASS/FAIL COURSES

Pass/Fail Courses are not calculated in the cumulative grade point average but will be included in credits earned and will count toward determination of enrollment status.

 

TRANSFER STUDENTS

The credits that are transferred to University of Valley Forge are calculated into the overall credits earned total, but are not factored into the cumulative grade point average when a student first transfers to UVF. Therefore, new transfer students will enter at a satisfactory academic progress level.

 

RETURNING/SUSPENDED STUDENTS

All students returning to UVF will enter under the same SAP status they had the semester they left.

 

ACADEMIC AMNESTY

UVF does not practice academic amnesty.

 

SUMMER SEMESTER

The summer semester is treated the same as the fall and spring semesters.

 

EVALUATION OF ACADEMIC PROGRESS

Matriculating students’ academic progress will be evaluated at the end each semester. The total (cumulative) academic record at UVF is considered when academic progress is evaluated (not just terms when financial aid was received). Students who are not successfully completing courses at the minimum levels as outlined are placed on academic and financial aid warning for the following semester.

 

APPEAL PROCESS

Students who fail to meet SAP must appeal to continue to be eligible to continue to matriculate at UVF and to continue to receive federal aid and/or Veteran’s Benefits. Appeals should be sent to the Student Success office within 30 days of notification of status. Reasons for appeal might include:

    • Medical, Family or Emotional Difficulty
    • Learning disability
    • Other special, significant or unusual circumstances.

Students should submit the following:

    1. A detailed statement of their reason for not meeting SAP requirements and what has changed that will enable them to meet SAP standards.
    2. Third party documentation supporting their statement (letter from doctor, minister, counselor, instructor, hospital records, death certificate, etc. ).

Appeals should be submitted to: Student Success Office University of Valley Forge 1401 Charlestown Road Phoenixville, PA 19460 studentsuccess@valleyforge. edu

Students will receive a letter from the Student Success office within 30 days from the receipt of the appeal stating their decision.

 

AMENDMENTS TO POLICY

This policy will be amended whenever applicable federal or state law or regulations are changed. Financial Services is authorized to incorporate and implement changes required in this policy by federal law or regulations.

 

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