Catalog of Abilene Christian University, 2005-2006 Page: 33
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Student Financial Services 33
from students by any person or organization shall be held under the
direction of the executive vice president.
A schedule of charges detailing current tuition, fees, meal plan costs
and residence hall room rent may be obtained from either the
Admissions Office or the Student Financial Services Office.
Abilene Christian University maintains a comprehensive program of
financial aid. Financial planning and consultation to help students and
their families meet the expenses of a college education is available.
The primary responsibility of financing a college education rests upon
students and their families. Assistance from ACU and other sources
should be considered as supplementary to the primary responsibility
of the student and the family. ACU strives to supplement student's
needs by planning a combination of grants, scholarships, loans and
work-study to eligible students. ACU attempts to distribute all
financial aid resources in an equitable manner and following the
guidelines established for federal, state, and institutional funds.
Financial aid application forms are sent to each student who applies
for admission to ACU. These forms should be returned by March 1
for fall enrollment and by November 1 for spring enrollment. Late
applicants may find that certain forms of grant and scholarship
funds are depleted by the time their applications are
submitted in to the Student Financial Services Office.
Students must make satisfactory academic progress in order to
maintain eligibility for financial aid. The minimum acceptable
cumulative grade point average requirements are 2.0 for
undergraduate students and 3.0 for graduate students. Additionally,
all students must earn a cumulative minimum of 75 percent of the
hours attempted. Satisfactory academic progress is generally
measured once each year at the end of the spring semester. If a
student fails to meet the requirements during the fall and spring
semesters, summer courses may be counted in order to determine
eligibility for aid.
Students who fail to meet the satisfactory academic progress standards
may file an appeal to the Student Financial Services Office. The appeal
must be filed prior to the start of the term for which financial aid has
been denied. If a student withdraws from the university after being
declared ineligible for aid, they are required to file an appeal for aid
at whatever point they are readmitted. Only those appeals that are
approved by the Student Financial Services Office will be deemed
eligible for financial aid.
Students may want a part-time job to assist in meeting their financial
obligations. Many students find off-campus jobs in Abilene businesses,
and approximately 900-1,000 are employed by ACU each year.
ACU's student employment staff assists in bringing on-campus
and off-campus employers and prospective student workers
together. After enrolling, students should contact Human
Resources for assistance:
Wendy Jones, Employment Manager
ACU Box 29106; Abilene, Texas 49699-9106
Hardin Administration Building, Room 213
Student Loan Program
ACU participates in the following student loan programs:
* Federal Stafford Loans (subsidized and unsubsidized)
* Federal Perkins Loans
* College Access Loan (Texas residents only)
* Federal PLUS Loan (for parents of dependent
* Alternative Loans
ACU participates in the following grant programs:
* PELL - Federal Pell Grant
* SEOG - Federal Supplementary Educational Opportunity Grant
For Texas residents only:
* TEG - Tuition Equalization Grant
* Texas Grant - Toward Excellence, Access and Success Grant
* LEAP - Leveraging Educational Assistance Partnership
* SLEAP - Special Leveraging Educational Assistance Partnership
* Others as available
A limited amount of financial aid is available for need-based grants.
Preference is given to those who apply early.
NOTE TO STUDENTS AND PARENTS: Scholarships for costs other than
tuition, books and required fees (i.e. room and board) may be taxable
to the recipient.
ACU awards entering freshmen students a guaranteed amount of
gift aid based on the student's ACT or SAT score and the student's
financial need. All federal, state, and institutional sources of aid for
which the student may qualify will be used to meet the guaranteed
There are various plans that may be selected for account payment.
Annual Payment Plan
Pay the current total balance by the due date given on the first billing
statement. Please be aware that this may not be the final bill for the
semester. Following are a few reasons why a second bill may be
necessary: adding or dropping classes, charging books, actual and
estimated financial aid changes, all estimated financial aid does not
pay to your account, incurring traffic/library fines, etc. (Estimated
financial aid is aid that will pay to your account after you have
completed all necessary requirements.)
Quarterly Payment Plan
By going to "Wildcat Pay" on My.ACU, you may go on-line to set
up a payment plan that will spread your charge over four months.
Each semester a fee is charged to the student account for this option.
(This applies to fall and spring semesters only. Charges for summer
classes are due before the student may attend class.) You may also
call 800-343-5904 for payment plan assistance. A late charge will be
assessed on all payments not received and processed by ACU on the
due date. The charge is 1.242 percent monthly (14.9 percent annually)
on the amount past due.
Prepaid Tuition Plan
This plan allows tuition prepayment of up to four years or 128
semester hours. Purchase options of 32 hours, 64 hours, 96 hours or
128 hours are available.
The tuition price for the year in which the plan is initiated (up to
December 31 of that year) is the assured rate. The student is assured
of this rate regardless of subsequent changes in tuition rates.
If a student does not enroll, the refund amount is the amount of the
original payment. No interest is earned. Refund calculations are
based upon the assured rate.
A statement of account will be sent monthly.
Failure to make proper payment is cause for dismissal at the discretion
of the university administration.
Official academic transcripts, participation in graduation or other
post-graduate activities may be hindered unless all university-related
indebtedness is paid in full.
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Abilene Christian University. Catalog of Abilene Christian University, 2005-2006, book, ; Abilene, Texas. (texashistory.unt.edu/ark:/67531/metapth284693/m1/35/: accessed December 13, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Abilene Christian University Library.