Online Catalog - The Art Institute of Fort Lauderdale

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General Information

Financial Services

Student Financial Services | Financial Aid | National Grants/Awards | Scholarships | Agency Related Scholarships | Award Distribution | Accounting Services | Veterans Information
| Servicemembers Opportunity Colleges (SOC) and ConAP | College First Program

- Student Financial Services

At the time of initial enrollment, students work with a member of the Student Financial Services staff to develop a financial plan to meet direct expenses involved in the education process (tuition, fees, supply kit, and school-sponsored housing). The Art Institute of Fort Lauderdale is eligible to offer its students the opportunity to apply for a variety of financial assistance programs. These programs include loans, grants, and work-study assistance for qualified applicants. Details regarding these programs are available in the Student Financial Services Office. Students who receive financial assistance are advised to be aware of the responsibilities they must fulfill under these programs:

  • Maintain satisfactory academic progress as outlined in this catalog and the student handbook
  • Inform the Student Financial Services Office of address changes, schedule changes, rogram changes, or any other status changes that might affect the student’s eligibility for financial assistance

Some students do not initially apply for financial assistance or do apply and are determined to be ineligible for assistance. Students should be aware that the federal and state ligibility
criteria are periodically reviewed and modified. Therefore, any student whose financial circumstances change or for whom a financial need arises is encouraged to contact the
Student Financial Services Office for assistance. There are state, federal, and college deadlines to meet in applying for financial aid. Please check with Student Financial Services for this information.

 


- Financial Aid
    revised October, 2007

The Art Institute of Fort Lauderdale participates in federal, state, and other financial aid programs. Financial aid is divided into three general categories: gift aid, which includes grants, scholarships, and other benefits requiring no repayment; loans, which require repayment; and work assistance, which includes the Federal Work-Study Program and part-time job assistance. Most grants are based on financial need and are given by federal or
state governments. Most scholarships are based on criteria such as performance or affiliation and may or may not include a financial-need component. Loans must be repaid, although repayment may often be deferred until several months after the student has graduated.Work assistance provided by The Art Institute of Fort Lauderdale includes the Federal Work-Study Program, a source funded by the federal government, as well as the college’s assistance to students in finding part-time jobs in the community.

All eligible students may apply for financial assistance under various federal and state programs as follows:

  • Federal Academic Competitive Grant [ACG]
  • National Science and Mathematics Access
    to Retain Talent Grant [SMART]
  • Federal Pell Grant
  • Federal Supplemental Education Opportunity
  • Grant [FSEOG]
  • Federal Perkins Loan
  • Federal Work Study [FWS]
  • Federal Stafford Student Loan (subsidized and unsubsidized)
  • Federal Parent Loan [PLUS]
  • Creative Education Loan Program [CELP]
  • State-Funded Student Assistance Programs
    • Florida Student Assistance Grant [FSAG]
    • Florida Bright Futures Scholarship
  • Vocational Rehabilitation Assistance
  • Veterans’ Administration Benefits (Please check with the Registrar’s Office for further
    information on V.A. benefits.)
  • Bureau of Indian Affairs

Awards under these programs are based on individual need and the availability of funds. Florida offers a state grant program and scholarships. Several other states offer educational grants and permit their residents to use them at The Art Institute of Fort Lauderdale. Contact the college’s Student Financial Services Office for complete details about financial aid resources.

Students receiving financial assistance must maintain satisfactory academic progress standards as outlined in this catalog. For purposes of calculating financial aid eligibility, student status based on credit hours is defined as follows:

  • Full-time: Enrolled in 12 credit hours or more in an academic quarter
  • Three-quarter-time: Enrolled in 9–11 credit hours in an academic quarter
  • Half-time: Enrolled in 6–8 credit hours in an academic quarter
  • Less than half-time: Enrolled in 1–5 credit hours in an academic quarter
  • Academic year: 36 quarter credit hours or three quarters

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- National Grants / Awards
     revised October, 2007

Academic Competitive Grant (ACG) -The Academic Competitive Grant is available to students who are receiving a Pell Grant, are full time in their first or second year of college in a degree program, who graduated from High School in 2005 or later, and who took a
program of study in High School that was considered to be rigorous. Each eligible student may receive 2 years of ACG. The award is up to $750 the first year and up to $1,300 the second year. To receive a second year grant, the student must have a 3.0 GPA at the end of the first year.

National Science and Mathematics Access to Retain Talent (SMART) Grants - SMART Grants are available to eligible students in the third and fourth years of certain Bachelors degree programs. Students must be receiving a Pell Grant, a US Citizen, and have a 3.0 GPA. If transferring from another school, the student must have a 3.0 in classes for which credits are being transferred. The admissions office can provide the student with a list of eligible programs. Awards are up to $4,000 per year.

The Art Institutes Excellence Award – The Art Institutes Excellence Award is available to incoming students who have a minimum CGPA of 3.5 or above from either their high school or their most recent prior college experience. Students must remain continuously enrolled at The Art Institute to receive the Art Institutes Excellence Award. Annual funds are limited and awarded on a first-come, first-serve basis.

The Art Institutes Merit Award – The Art Institutes Merit Award is available to students who show evidence of merit and motivation to complete their program but who are unable to enter or continue classes without additional financial assistance. The award amount varies according to the student’s unmet need. Award proceeds may be applied to tuition, housing, or supply costs. Details about the merit and need criteria can be obtained from Student Financial Services. Applications may be submitted to that department at any time throughout the year. Students must remain continuously enrolled at The Art Institute and maintain a 2.5 CGPA or higher to receive the Art Institutes Merit Award. Annual funds are limited and awarded on a first-come, first-serve basis.

The Art Institutes Grant – The Art Institutes Grant provides financial assistance to students enrolled in a degree program who attend a minimum of 12 credit hours per quarter.
Students/parents must meet general financial aid requirements and accept all federal and state grants and loans for which they are eligible.

Students cannot receive any other Art Institute award or grant in the same quarter that they receive The Art Institutes Grant. Students must remain continuously enrolled at The Art Institute to receive The Art Institutes Grant. Applications for The Art Institutes Grant may be obtained from Student Financial Services and may be submitted to that department at any time throughout the year. Annual funds are limited and awarded on a first-come, first-serve basis.

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- Agency-Related Scholarships

Florida Association of Postsecondary Schools and Colleges – The Art Institute of Fort Lauderdale annually awards up to 10, $3,500 scholarships to Florida high-school seniors through FAPSC; these scholarships may be applied toward one of the degree programs of The Art Institute of Fort Lauderdale.

Eligibility Requirements and Conditions:

  1. Scholarships are available only to students who have a “C” or better high-school grade point average. The awards are merit based and will be judged on the applicant’s GPA, letters of recommendation, and a 250-word essay.
  2. The scholarships are available to currentyear Florida high-school graduates and Florida GED recipients. Graduates from Florida public or private high schools are eligible to apply.
  3. Registration/processing fees, books, lab charges, and student activity fees are to be paid by the student (unless otherwise indicated) and will vary, depending upon the school and course of study. Each partial scholarship is in the amount of $3,500. Awards will be credited to recipients’ tuition accounts in an even distribution over the course of their programs.
  4. Applicants must use a separate application for each scholarship. There is no limit to the number of different scholarships for which a student may apply; however, no winner may be awarded more than one scholarship. If applying for more than one scholarship, an applicant should indicate order of preference.
  5. The application must be postmarked by March 1.
  6. A Scholarship Committee composed of individuals representing business, education, and government will select the winner of each of the scholarships. The FAPSC office must receive applications and all required attachments prior to the meeting of this committee. All decisions are final.
  7. In the event the individual decides not to accept the scholarship within 21 days of notification, the award will go to the second-place winner.
  8. The scholarship recipients must start class in either the summer or fall term of the year the scholarship is awarded unless otherwise indicated.
  9. Students awarded scholarships for programs extending for more than one year will automatically have their scholarships renewed for the length of the program, as long as the student meets the attendance requirements of the institution and is making satisfactory progress, as defined in this catalog.
  10. Each student must meet all of the admissions requirements of The Art Institute of Fort Lauderdale. Students are encouraged to review the admissions requirements with The Art Institute of Fort Lauderdale to ensure that they meet the admissions
    requirements and understand the details of the scholarship.
  11. Students may not apply for a scholarship to any FAPSC institution in which they are enrolled and/or attending unless otherwise indicated by the FAPSC institution itself.
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- Award Distribution

All scholarship awards are credited to recipients’ tuition accounts in an even distribution over the course of their program.

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- Accounting Services

Quarterly/monthly tuition and fee notices are mailed to the student, parents, or others assisting with educational expenses in accordance with the student’s financial plan. To remain in good financial standing with the college, students must adhere to the agreed upon payment schedule. The Accounting Office is sensitive to the unforeseen circumstances that can affect a student’s ability to meet financial commitments. Consequently, the staff works very closely with the Student Financial Services Office to assist students in developing a sound financial plan. Any student who has incurred or anticipates a financial problem is encouraged to consult with the accounting staff. Failure to meet financial obligations to the college may lead to termination from The Art Institute of Fort Lauderdale, withholding of academic transcripts, and assignment to a collection agency.

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- Veterans Information

Students sponsored or assisted by the Veterans Administration may receive assistance from the Registrar’s Office in the filing of appropriate forms. These students must maintain satisfactory attendance and academic progress (see Policies & Procedures section of catalog). Students receiving veterans’ benefits must report all prior education and training received before attending The Art Institute of Fort Lauderdale. The Art Institute of Fort Lauderdale will evaluate prior credit and accept that which is appropriate. Training time and tuition will be reduced proportionately and the USDVA will be notified.

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- Servicemembers Opportunity Colleges (SOC) and ConAP

The Art Institute of Fort Lauderdale is a member of Servicemembers Opportunity Colleges (SOC), a consortium of national higher education associations that functions in cooperation with the Department of Defense (DoD), the military services (including the National Guard), and the Coast Guard to help meet the voluntary higher education needs of servicemembers. Operating in cooperation with the U. S. Army Recruiting Command (USAREC), this consortium includes more than 1200 participating SOC colleges and universities that have agreed to accept for admission new Army and Army Reserve recruits at the time of their enlistment in the service.

As a member of SOC, The Art Institute of Fort Lauderdale participates in the Concurrent Admissions Program (ConAP). Military and reserve recruiters help enlistees apply for admission to participating ConAP colleges in their home areas. Eligible enlistees may be admitted on a full or provisional basis, and enrollment is deferred for up to two years after discharge for active-duty personnel or until completion of Initial Active-Duty Training (IADT) for Army Reserve enlistees. Students are subject to all degree requirements, as published in the catalog, in effect at the time of class enrollment.

Men and women enlisting in military service may apply to The Art Institute of Fort Lauderdale for delayed admission, with enrollment to begin after military discharge. For further information on SOC and ConAP, please contact the The Art Institute of Fort Lauderdale Director of Admissions or your local military recruiter.

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- College First Program

To provide additional financial support to students who wish to pursue a military career after studying at the college, The Art Institute of Fort Lauderdale participates in the College First program. College First allows qualified enlistees to attend college for up to two years while serving in the Army’s Delayed Entry Program (DEP) or as a drilling reservist. Students who qualify for College First under DEP receive a monthly educational allowance during the academic year. Students who qualify for College First as a reservist will earn duty pay. Students who complete 30 or more college credit hours before entering active duty may be promoted to the grade of E-4. Students who would like more information about the College First program may call The Art Institute of Fort Lauderdale’s Director of Admissions or their local military recruiter.

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