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FINANCIAL AID

Birmingham-Southern College Catalog 2017-2018

230

FINANCIAL AID

Student Financial Aid at Birmingham-Southern College

Financial aid at Birmingham-Southern College is administered through the Office of

Financial Aid. The College embraces the philosophy that worthy, qualified students

should have an opportunity for a college education regardless of their economic

circumstances. Birmingham-Southern College is willing to join with the student and his

or her family to provide monetary assistance for eligible students who demonstrate

financial need. The student’s family bears the principal responsibility of financing college

education. The College expects each student to assume a measure of responsibility

through a combination of savings, limited work, and/or borrowing. Any eligible student

admitted to Birmingham-Southern College who applies for need-based financial aid

through the Free Application for Federal Student Aid (FAFSA) is considered for

assistance.

Based on the statement of philosophy above, and with an understanding that aid resources

at the College are limited, the Office of Financial Aid has adopted the following

principles:

The primary purpose of the financial aid program is to assist students who,

without such aid, would be unable to attend Birmingham-Southern College.

A student’s family is expected to make a maximum effort to assist the student

with college expenses. The Office of Financial Aid views financial assistance as

a supplement to the student and family contribution.

Financial aid consists of grants, scholarships, loans, and employment that may

be offered to students singularly or in various combinations.

Students must maintain satisfactory academic progress, as defined by the

College.

The total amount of need-based and merit-based financial assistance offered to a

student shall not exceed the student’s cost of attendance.

With certain limited exceptions, merit scholarships funded by the College shall

not exceed the cost of regular tuition. In the event that outside scholarships are

awarded to individual students, the College reserves the right to use merit-based

awards to fund educational costs other than tuition and mandatory fees not to

exceed the cost of attendance.

In determining a student’s financial aid award, outside resources including

scholarships, grants, and loans will be considered to ensure equitable

distribution of funds and adherence to federal regulations.