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TUITION
AND FEES
Students may apply for a Subsidized Federal Family Educational Loan of up to $8,500 and Unsubsidized Loan funds of up to $10,000 per academic year for a maximum of $18,500; the total combination of all funds received regardless of the source cannot exceed the total cost of education.
Troy University has limited funds (awarded first come first served) in the College Work Study Program and the Federal Perkins Student Loan Program for which graduate students may apply. The application priority deadline is May of each year for students enrolling the following fall term. Students are urged to use the financial aid section of the web site for more detailed information on the financial aid application process.
Students must be enrolled at least half-time to be eligible to receive a student loan.
Graduate Course Loads
All forms and contact information required to apply for graduate student financial aid are available in the financial aid section of the University web site.
Students who, for any reason, register for classes but do not attend MUST NOTIFY THE RECORDS OFFICE IN WRITING TO WITHDRAW, PRIOR TO THE FIRST CLASS MEETING. Any student who fails to do so will be responsible for payment of fees and will be charged with failing grades.
Transient Students and Financial Aid Availability Transient students are not eligible for financial aid through Troy University.
· Withdrawals for Students Receiving Title IV Aid
In addition to Troy University's withdrawal
policy, if a student is a recipient of Title IV aid: Stafford Loans or
Perkins Loan as examples, federal regulations administered through the U.S.
Department of Education will apply. If a recipient of Title IV aid withdraws
during the term, the university will calculate the amount of aid the student
did not earn, and the unearned portion will be returned to the Title IV
programs. The student is responsible for any charges which are unpaid as a
result of the return of Title IV funds. Generally speaking, a student earns Title IV aid based on the number of days completed during the term prior to withdrawal. Once 60% of the term has been completed, the student is considered to have earned 100% of the Title IV aid awarded.
· Veterans Education Benefits The following is a summary of the educational assistance that the Department of Veterans Affairs offers to veterans, service members, and their dependents. More detailed information is available on our web site.
· Application Procedures Students who are eligible for educational benefits from the Department of Veterans Affairs should contact the Troy University VA specialist at their location to complete the necessary forms. After all of the necessary forms and documentation are submitted to the Troy University Financial VA specialist, the student’s enrollment information will be certified to the Department of Veterans Affairs. The Department of Veterans Affairs processes claims 8 to 12 weeks after receiving the completed paperwork. More detailed information is available on the VA section of the financial aid section of the web site.
· Payment Methods The amount of money a student receives from the Department of Veterans Affairs depends on which education program the student is eligible for, how many hours of credit the student is registered for, the length of the term, and for retirees, the number of dependents.
GRADUATE ASSISTANTSHIP/FELLOWSHIP PROGRAM The objectives of the Graduate Assistantship/Fellowship program are to provide professional experiences which complement graduate instruction and research while contributing financial assistance to students pursuing graduate degrees. This assistantship/fellowship program is designed to aid in the successful completion of the degree pursued and to enhance career opportunities through applied professional experiences.
The Graduate Assistantship/Fellowship Program is administered by the Dean of the Graduate School. Additional questions regarding this program should be directed to the Dean of the Graduate School. The Graduate Assistantship/Fellowship program is available only on campuses located in Alabama.
ELIGIBILITY To qualify for a graduate assistant/fellow appointment, a student must satisfy the following general eligibility requirements. Additional eligibility requirements may exist according to teaching and/or research positions.
Students seeking scholarship information should visit the Graduate School Financial Assistance webpage for scholarship availability. (http://www.troy.edu/graduateschool/financialaid.htm)
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