Financial Aid Tools & Policies

Learn about your financial aid, how to submit the right forms, calculate costs, and navigate through the financial aid process.

Financial Aid Award Guides

Each year a school must disseminate to prospective and enrolled students required information under the Higher Education Act of 1965, as amended, and the Family Education Rights and Privacy Act (FERPA) and the procedures for obtaining the information.

2017-2018 Undergraduate Traditional Program

2017-2018 Guide to Financing

2017-2018 Center for Accelerated and Professional Studies

Submitting the Right Forms

Submit Free Application for Federal Student Aid (FAFSA) at the following website by the published deadlines so we can determine your eligibility for federal, state, and institutional aid.

» FAFSA

After filling out the FAFSA, you may be asked to send your tax forms and submit other documentation.  To view requested items, please visit the Becker forms page.

Calculating Costs

To assist you in estimating the amount of aid you might receive, we encourage you to visit our Net Price Calculator. You may use this calculator for an estimate of our costs, your award, and your net price. In all cases, the amount of your contribution and subsequent aid eligibility is an estimate only, based on the information you provide. Changes in financial information provided on the FAFSA verified with tax documents could produce a different result.

» To estimate which financial aid you might qualify for, try our online calculator

Withdrawal/Refund Policy

If you cannot complete a course or if you cannot attend any courses for which you registered, you must withdraw (“drop”) officially from the class or from the College.

The date on which the Registrar’s Office receives and signs the withdrawal request will be the official date of withdrawal and, combined with the last date of recorded academic activity, will determine the amount of any adjustment of tuition, fees and financial aid after classes have begun.

All refunds will first be applied to any indebtedness which you may have with the College.

If you need to withdraw from one or more classes, you must obtain a withdrawal form from the Registrar’s Office.

If you need to withdraw from all classes for the semester, you must contact the Office of Academic Advising to complete a “Withdrawal from College” form.

If you withdraw from the College and are the recipient of Title IV funds, they will be subject to the prorated calculations for determining the refund. These calculations are based on the last recorded date of academic activity.

The College will use the following table to determine your refundable tuition and fees.

Withdrawal from Fall and Spring Terms

 

10 – 15 Week Classes

First Week: 85%

Second Week: 75%

Third Week: 50%

Fourth Week: 25%

After Fourth Week: 0%

 

5 – 9 Week Classes

First Week: 100%

Second Week: 50%

Third Week – 0%

Refunds

Refunds are calculated on the basis of the number of class sessions scheduled to be completed at the time of the withdrawal, not the number of class sessions attended by the student.

If you do not officially drop your classes within the specified add/drop period or withdraw before the designated deadlines (see Academic Calendar), you are responsible for full tuition and fees for these courses.

Students may be eligible to receive a refund check from Becker College when payments posted to their student account exceed tuition and fees charged. Student can log onto myBecker and check the Account Summary link to confirm their refund eligibility.

For Example: If posting of Title IV Financial Aid (Pell, SEOG, & Direct Loans) results in a credit balance on your Student Account, a refund check will be mailed to your permanent address within 14 days of the aid posting to your student account.

If your credit balance is a result of a Parent PLUS Loan posting to your account, a check will be mailed to the borrower of the loan within 14 days.

Refund checks are mailed to the permanent address that you have provided to Becker College. If your address is incorrect, you must show proper documentation through the Registrar’s Office in order to correct it.

All refunds are reviewed for eligibility prior to processing. If you become ineligible for Financial Aid, all balances due to the reduction or loss of Financial Aid funds are the responsibility of the student.

Federal Student Financial Aid Penalties for Drug Law Violations

Federal Student Financial Aid Penalties for Drug Law Violations Federal guidelines focus strongly on illicit drug use and distribution. The Higher Education Act states that a federal or state drug conviction can disqualify a student for federal financial aid and make them no longer eligible to apply for their FAFSA. Federal financial aid includes the following:

  • Federal Pell Grant
  • Iraq and Afghanistan Service Grant
  • Academic Competitiveness Grant (ACG)
  • National Science and Mathematics Access to Retail Talent (SMART) Grant
  • Federal Supplemental Educational Opportunity Grant (FSEOG)
  • Federal Work Study
  • Federal Direct Loan Program
  • Federal Direct Parent PLUS Loan

Without a valid FAFSA for federal financial aid, students are also ineligible for State aid and most institutional aid programs.

Possession of Illegal Drugs

  • First Offense: Loss of eligibility for federal financial aid for one year from the date of conviction.
  • Second Offense: Loss of eligibility for federal financial aid for two years from the date of conviction.
  • Third and Subsequent Offenses: Indefinite eligibility for federal financial aid from the date of conviction.

Sale of Illegal Drugs

  • First Offense: Loss of eligibility for federal financial aid for two years from the date of conviction.
  • Second and Subsequent Offenses: Indefinite eligibility for federal financial aid from the date of conviction.

Loan Repayment and Exit Counseling

This information can be found at www.nslds.ed.gov.

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