Financial Aid Office Cox College of Nursing and Health Sciences 1423 N. Jefferson Ave. Springfield , MO 65802 Call 417-269-3060 or toll-free at 866/898-5355 The Financial Aid office is located in Room 103 on the first floor of Cox College .
Appointments are encouraged but not necessary. “Students submitting forms to be completed by the Financial Services Staff must provide 24 hours for the return of the completed forms.”

Cox College of Nursing and Health Sciences believes the primary responsibility for financing education lies with the students and their families. Financial aid is available for those who would be unable to attend without financial assistance. Because of the high cost of education, it is impossible to meet the total financial need of every student. Families and students are encouraged to seek sources of aid available to them through community resources.

---

Most financial aid is based on financial need. Financial need is based on formulas established by federal and state governments. The formula is based on income, assets, family size and other measures of financial strength. Financial need is defined as the cost of education less the expected family contribution:

Cost of education - expected family contribution = student's financial need

Application for financial aid
Application for financial aid is made by completing the Free Application for Federal Student Aid (FAFSA). Priority is given to applications processed by April 1. The application is available online at www.fafsa.ed.gov after January 1.

Student eligibility
To receive financial aid from any state or federal program, the student must meet the following requirements:

	have financial need
	be admitted to Cox College
	be enrolled as a degree-seeking student
	be a U.S. citizen or eligible non-citizen
	have a valid Social Security Number
	make satisfactory academic progress
	sign a statement of educational purpose/certification statement on overpayment or default; and
	be registered with the Selective Service, if required.
	Not be over aggregate loan amounts.

Definition of student classification
Amounts of certain types of financial aid are based on student classification by the number of hours in which the student is enrolled in a semester. For financial aid purposes the following classifications apply:

Student Classification	Hrs Per Semester
Full-time	12
Three-quarter time	9-11
Half-time	6-8
Less than half-time	1-5

For eligibility for certain types of financial aid the award amount is based on student classification according to the number of credit hours completed.

Student Classification	Credit Hrs Completed
Freshman	1-30
Sophomore	31-60
Junior	61-90
Senior	91+

Sources of financial aid
All Cox College programs participate in the following financial aid programs. More details are available in the Financial Aid Supplement and The Student Guide to Financial Aid . These booklets are available in the Financial Services Office.
Federal programs

	Federal Family Education Loan Programs
		Subsidized Stafford Loan Unsubsidized Stafford Loan
	Federal Pell Grant
	Federal Supplemental Educational Opportunity Grant (FSEOG)
	Federal Work Study
	Parent Plus Loan for Undergraduate Dependent Students
	Federal Academic Competitiveness Grant

State programs

	Missouri Access Grant
	Marguerite Ross Barnett Scholarship
	Missouri Academic Scholarship (Bright Flight)

Institutional programs (See Financial Aid Supplement.)

	Financial assistance for the BSN program, RN to BSN track may require a separate application.
	Need-based scholarships are determined by information submitted on FAFSA.
	Academic scholarships are determined by cumulative grade point average (GPA). A written essay and application are required.
	Community service scholarships are awarded annually and require a written essay and letter of reference. A separate application is required.
	Cox Auxiliary scholarships (limited to ASN students only)
	CoxHealth Loan Forgiveness Program

Refund policy and repayment policy

Refund for withdrawal from a class or from Cox College
Students who withdraw from a class or from the College within the scheduled period will receive a refund on tuition paid based on the following scale:

Withdrawal Status	Refund %
Before classes start	100
During first week (Days 1-5)	100 Tuition only
During second Week (Days 6-10)	50 Tuition only
Non-attendance of classes does not constitute official withdrawal. Refund schedule varies for the summer session.

Return of Title IV Funds
All schools are required to implement the Return of Title IV Funds federal refund policy. This policy could result in significant cost to the student. Therefore, withdrawal from school should be a careful consideration. The Return of Title IV Funds policy only relates to students with federal financial aid. Students without federal funding will refer to the institutional refund policy regarding withdrawal from the college. The Return of Title IV Funds worksheet is available in the Financial Aid Office.

The Return of Title IV Funds is calculated by a percentage based on the number of days completed, divided by the number of days in the academic period. For the spring semester, spring break will be deducted from the total number of days in the semester. Once the 60 percent point in time has been reached, no federal calculation is required. The withdrawal date is determined by one of the following criteria.

	The earliest date student began school's withdrawal process or date student otherwise provided "official" notice of withdrawal will be used.
	If the student does not notify the school, the midpoint date in period will be used.
	If student does not notify due to circumstances beyond student's control, date related to that circumstance will be used.
	Date of student's last attendance at documented academically related activity will be used.

Federal Title IV aid refunds will be returned in the following order:

	Unsubsidized Stafford Loan
	Subsidized Stafford Loan
	Federal Plus Loans
	Federal Supplemental Educational Opportunity Grant (SEOG)
	Federal Academic Competitiveness Grant
	Federal Pell Grant
	Other Title IV Aid Programs

Repayment policy for students withdrawing from CCNHS
A student who desires to withdraw from the college shall obtain a withdrawal form from the registrar. The Registrar's office is located on the first floor of the college in Room 116. All credits will be computed as of the date when the withdrawal process begins with the registrar. The student must follow the withdrawal procedure. Not attending classes does not withdraw the student from school. The student is responsible for all charges until the withdrawal form has been completed.

When a student withdraws from Cox College within the refund period, it will be determined whether a student must repay cash previously disbursed for non-institutional expenses. This repayment will be in accordance with federal regulations found in Current Title IV Regulations and outlined in the Federal Student Financial Aid Handbook . Further information can be found in the Student Handbook.

Financial obligation policy
Students are not entitled to register for upcoming semesters, receive recommendations, degrees, honors or official transcripts until all financial obligations to the college are fulfilled. In the event of default in the payment of any amount due, the account is turned over to an agency or attorney for collection or legal action. The student is liable to pay an additional charge equal to the cost of the collection agency and attorney and court fees.

Satisfactory academic progress
Federal regulations require that in order to receive financial aid, students must meet satisfactory academic progress standards that ensure program completion in a timely fashion.

Qualitative progress standard
At the end of each spring semester, the student must meet the satisfactory academic progress standards of Cox College. The quality of a student’s progress is measured by grade point average. The minimum cumulative grade point average for Financial Aid recipients is as follows:

A minimum cumulative grade point average of a 2.0 on a 4.0 scale must be maintained. Students falling below a term grade point average of a 2.0 for two consecutive semesters will be placed on financial aid suspension.

Semesters in which a student did not receive financial aid will be counted in the qualitative measure.

Quantitative progress standards
Each semester the student must successfully complete at least 60 percent of the total credit hours for which she/he originally enrolled in order to complete the program in a timely fashion. Grades of Failing (F), Incomplete (I), Audit (AU), Withdraw (W), Withdraw Failing (WF) or Withdraw Passing (WP) will not be computed in the number of hours completed. Students failing to meet this quantitative academic progress standard will be required to complete the student appeal process.

Students may receive financial aid for a maximum of 150 percent of the credit hours required to complete their program or until the degree is acquired, whichever occurs first. The total number of credit hours allowed includes courses for which credit is transferred from other institutions.

Student appeal process
Students on academic probation and who fail to meet the quantitative progress standards are eligible to receive financial aid during the semesters they are on probation because the college's policy allows for two semesters on probation before dismissal.

Students who have been denied financial aid for failing to meet academic progress standards have the right to appeal their situation to the Financial Aid Appeals Committee. See Student Handbook.

Automatic termination of financial aid
The following situations will necessitate the automatic and immediate termination of financial aid eligibility:

	withdrawal/dismissal from Cox College
	withdrawing below half-time status except for the "less than half-time" Pell Grant
	default on a federally funded student loan or a Cox College emergency loan, or failure to repay a grant overpayment or any other financial obligation to Cox College
	failure to meet academic progress standards

 

 

Copyright

Privacy Policy

Site Feedback