Financial Aid Eligibility

Below are the general eligibility requirements for financial aid. A student must:

be admitted to an approved certificate, associate, bachelor, or graduate (including doctoral) degree program at Centenary.
be making satisfactory academic progress toward a degree.
have a high school diploma or GED certificate.
be in attendance for the minimum number of credits required for the award (ex. most undergraduate scholarships require full-time enrollment while loans usually require 6 credits).

In addition, to be eligible for federal or state financial aid, a student must:

have a valid social security number.
be a U.S. citizen or an eligible non-citizen (includes green card holders).
not owe a refund on or be in default on any Title IV or HEA grant or loan received for prior attendance at any institution.
be registered with the Selective Service, if required to do so by law.

Eligibility differs by award and is based on the type of aid and criteria set up by the source of the funds. Some funds are based on financial need as defined by the Federal government. Some funds are based on merit, such as GPA, extracurricular activities, and/or test scores while other are based on a combination of both merit and financial need. Some may be solely based on general criteria such as year in college or major. Many forms of financial aid are available for students in study abroad programs as well.

Enrollment

Financial aid may be adjusted based on a student’s enrollment. A student’s enrollment is calculated using only courses that apply toward the student’s declared academic program. Federal aid is limited to original coursework and one repetition of each failed coursework.

Satisfactory Academic Progress

The Financial Aid Office measures Satisfactory Academic Progress (SAP) at the end of each payment period for aid eligibility for the following payment period. Students who are denied eligibility for financial aid based on their failure to maintain satisfactory academic progress have the right to an appeal. All appeals must be submitted in writing. Our full SAP Policy is available under the Policies section of our website at www.centenaryuniversity.edu/finaid.

Withdrawal Policy for Financial Aid

Should a student withdraw from any or all courses (officially or unofficially), their aid may be adjusted in accordance with federal and state and institutional regulations. Tuition and other charges will be adjusted according to the institution's refund policy. Withdrawal could impact aid that has been awarded for tuition and living expenses. Our full Withdrawal Policy is available under the Policies section of our website at www.centenaryuniversity.edu/finaid. To initiate a withdrawal, a "Withdrawal Form" must be completed with the Student Success Specialist. Please contact the Student Success Specialist at 908-852-1400 ext. 2380 or the Academic Success Office, to complete the withdrawal form.

Veteran Benefits

Educational benefits may be available to eligible veterans and veterans’ dependents. Students who believe that they are eligible for such benefits should contact the Director of Veteran Services, Margie Pavlichko, at 908‐852‐1400, ext. 2318, or by e‐mail at pavlichkom@centenaryuniversity.edu.