Financial Aid
At the time of
printing, the graduate programs eligible for financial aid include: business,
educational leadership (principal, director of instruction, director of pupil
services, school business administrator, superintendent), mental health
counseling, nursing, post baccalaureate teaching, and servant leadership).
In order to
administer its financial aid program in the most equitable manner, Viterbo
University applies the nationally accepted “Federal Methodology” of need
analysis to each financial aid application. This system determines the amount
of aid needed to bridge the gap between an individual’s and family’s resources
and the actual cost of education. Taken into consideration are such extenuating
circumstances as large medical expenditures and other obligations affecting the
family financial situation.
Viterbo University
has a limited number of scholarships available for graduate students in
degree-seeking programs. Information may be obtained from the particular
program. All Viterbo financial aid awards are for one year only. Students must
reapply each year of attendance. Renewal is dependent on continued need for
aid, maintenance of academic standards, and continued funding. Because financial
aid questions are individual and often complex, the financial aid office must
be contacted directly at 608-796-3900.
Financial Aid Application Procedures
In
order to be eligible to apply for financial aid, a student must be:
- Admitted to an eligible degree or
certificate program at Viterbo University.
- Enrolled at least half-time
(three graduate credits).
- A U.S. citizen or able to provide
verification of status as a national, permanent resident, or refugee.
The
following forms are the minimum requirements to apply for financial aid:
- Viterbo Institutional Data Form
(IDF)
- Free Application for Federal Student
Aid (FAFSA)
Additional forms
or documents may be requested on a case-by-case basis as needed.
Student Consumer Information
Because of the
large number of applications and limited amount of funds available, students
are strongly encouraged to complete all necessary application forms as soon as
possible to be given consideration for all types of assistance. Although financial
aid applications will be accepted at any time, first consideration for available
funds will be given to those students who have submitted all necessary forms by
March 15.
Awards are made
for the entire academic year (August through May) unless specifically stated
otherwise. No aid can be disbursed until the signed offer of financial aid has
been returned to the financial aid office. A separate application is required
for summer sessions.
If financial aid
does not cover semester charges, all students must be prepared to pay the difference
between their financial aid award for the semester and their charges through personal
funds.
If a student
decides not to enroll for the first semester but intends to enroll for the
second semester, the financial aid office must have written notification.
Failure to notify this office will result in cancellation of all financial aid
awards.
If a student
withdraws from Viterbo University, a portion of the aid may be required to be
returned according to the federal refund calculation (copies available in the financial
aid office).
Students must
notify the financial aid office of a change of name; address; or marital,
academic, financial, or enrollment status. Changes in any of these areas may
result in a revision of the student’s financial aid awards.