Financial Aid Packaging
Azusa Pacific offers financial aid in the form of employment, loans, grants, and scholarships. In order to serve the large number of students needing financial assistance, the university coordinates various elements of each student’s financial aid program. This "packaging" approach may include assistance from two or more sources of financial aid. The university’s goal is to award all applicants the maximum scholarship, grant, loan, and work study for which they qualify, given restrictions in availability of funds, institutional policies, and federal guidelines.
Minimum Enrollment
All Azusa Pacific aid is given on the basis of a minimum academic load of 12 units per semester. Should a student drop below the 12 units required, he/she should notify the Office of Student Financial Services immediately. A student taking fewer than 12 units at APU may not combine those units with units taken at another institution to be considered full-time. The student will be considered less than full-time and will be ineligible to receive APU aid.
Stacking Institutional Aid Offers
All institutional aid can be stacked, not to exceed 100 percent of tuition only.
Equitable Treatment
The university shall provide fair and equitable treatment in the awarding of financial aid. In addition, there shall be no discrimination of any kind. Appeal procedures exist for anyone who feels a violation of the above has occurred. Contact the director of Student Financial Services for further information.
Release of Records
It is understood that in signing the Offer of Aid, the student grants the Office of Student Financial Services the right to release the student’s grades and enrollment records to scholarship, state, federal, and loan agencies as needed.
Keeping in Touch
The university will attempt to inform students about deadlines and procedures, but the final responsibility for the timely filing of the FAFSA and related documents is the student’s.
The student must notify the Office of Student Financial Services regarding changes in financial situation, marriage, loss of job, change in class load, withdrawal from school, or change of address. Write, call, or speak with your financial aid counselor should changes occur.
Outside Aid Resources
All students are required to report, in their application for aid, ALL resources known or expected to be available to them during the period for which they seek financial assistance. These resources include, but are not limited to, veterans’ benefits, scholarships, fellowships, stipends, and unemployment earnings (including spouse’s where applicable). Failure to report these resources may result in delays in receiving aid funds for which the student may be eligible, cancellation of the award, or even the return of funds already received.
Should any new resources become available, the student is required to report this fact. Withholding or concealing information about these resources may constitute fraud, as the student would be receiving financial aid to which he/she is not entitled.
Overawards
Each year a number of financial aid recipients are distressed to learn that their aid package is being reduced because of an overaward. As required, please inform the Office of Student Financial Services of any outside aid awards or changes in your class load. This will save the frustration and inconvenience that may result from an overaward.
All institutional aid is subject to coordination with federal, state, and all other aid sources.
All institutional aid is subject to the policies printed in the Azusa Pacific University Student Financial Services Handbook, catalog, and other printed material.
Availability of all aid is subject to federal, state, institutional, and private funding.
