Online Degree Completion Program

Financial Aid Information

Arlington Baptist College maintains a financial aid program for students who need additional funds to pay for their college education. It is the desire of the College administrators that no student be denied an education because of lack of funds.

Students taking on-line courses must pay for 100% of the course at registration. Students receiving financial aid will be reimbursed when the student's admission file is complete and funds have been awarded and released to Arlington Baptist College.

Eligibility


A student may establish eligibility for financial assistance by meeting the following established criteria:

     

  1. Demonstrate a need for financial assistance determined by the following formula:
    • Cost of education
    • Minus amount paid by student
    • Minus amount paid by the student’s parents (if applicable)
    • Minus amount paid from other sources
    • Equals amount of financial assistance needed.
  2. A formal disclosure of personal finances and parents’ personal finances (if applicable) is required to qualify for assistance. The College will apply all eligible governmental funding as a direct payment to discharge the student’s financial obligation to the College. Any College provided assistance for which the student qualifies will be applied next and together, the two shall not exceed total charges incurred. Funding from other sources will be applied only when needed.
  3. The student must maintain satisfactory academic progress in accordance with stated policy.
  4. The student must enroll for at least a half-time course of study (6 credit hours). Some programs require full-time enrollment.
  5. The student cannot be in default on any loan made from a student loan fund or a government loan program.
  6. The student cannot owe a refund on grants paid under a government grant program.
  7. The student cannot be in default on payments to another college or university.
  8. Transfer students must furnish a financial aid transcript from previous schools.

Application Procedure

Direct all inquiries for financial assistance to the College Business Office, Financial Aid Officer. The Business Office has applications for all College sponsored programs and for most government programs. Some states may make other assistance available.

Other Assistance

Students or parents may borrow funds for educational purposes from a participating lending institution. The government acts as guarantor to the loan; therefore, the student or parent needs no collateral. Interest is low and repayment depends on the type of loan.

PELL GRANT
This is a grant by the federal government to qualified students who demonstrate a financial need based on specific criteria.

 

VOCATIONAL REHABILITATION
Students with disabilities may qualify for assistance from the Office of Vocational Rehabilitation. Contact the State Department of Education.

VETERAN’S ASSISTANCE
Veterans or their dependents may be eligible under one of the assistance programs currently available. Contact the Veterans Assistance Officer in the Registrar’s Office.