Business Administration - John F. Kennedy University

Refund Policy
University fees are non-refundable after the first day of the term.
Course fees are refundable unless the course schedule indicates
otherwise.
tuition is refundable according to the length of the course and
the date the registrar’s office is notified of the drop by the student.
Note that it is the student’s responsibility to visit or speak with
the registrar’s office to effect a drop. Consult the table in the
Registration section of this catalog for additional information.
Financial Aid
The Financial aid office provides financial assistance in the form
of loans, grants, and scholarships. aid is intended to help students
who, because of limited resources, would otherwise be unable to
attend college, or who, with the aid, are able to take additional
courses and graduate at an earlier date. The philosophy underlying
administration of federally funded financial aid places primary
responsibility for meeting educational costs on students and their
families. as a result, most financial aid is available only to help fill
the gap between a student’s or family’s expected contribution and
a student’s educational expenses.
students considering applying for financial aid are urged to contact
the financial aid office as eligibility for financial aid programs is very
individualized. several booklets containing detailed information
about eligibility, procedures, and the financial aid programs
available at the University are available from the Financial aid
office. Basic eligibility requirements include half-time enrollment
and enrollment must be in an eligible program. in addition, no
prior student loans may be in default status.
Financial aid regulations change frequently. students should
check with the Financial aid office for the latest information.
Financial aid is available to students who are permanent residents
of the U.s. or certain Pacific islands and any other eligible noncitizens
(individuals who can provide documentation from the
United states Citizenship and immigration services (UsCis) in
the Department of homeland security (Dhs) that they are in
the United states for other than a temporary purpose with the
intention of becoming a citizen or permanent resident). students
should contact the financial aid office for specific requirements
regarding citizenship.
Grants and Scholarships
Grants and scholarships are gifts of money that do not have to be
repaid. These funds are extremely limited.
Federal Pell Grants are federally funded entitlements for lowincome
undergraduates. Grant amounts range from $400 to
$5,350 per year and are prorated for half-, three-quarter-, and fulltime
enrollment. Eligibility is based on financial need.
Federal supplemental Educational opportunity Grants (FsEoG),
federally funded grants for undergraduates, range from $200 to
$2,000 per year. Eligibility is based on extreme financial need and
priority is given to students with extremely limited resources.
John F. Kennedy University
General Information
Cal Grants a and B provide scholarship funds to undergraduates to
cover tuition, living expenses, and most fees. Cal Grant eligibility
is determined by the California student aid Commission and is
based on grade-point average and student’s or parent’s financial
need.
assumption Program of loans for Education (aPlE) is a program
that assumes partial federal student loan repayment. it is for
students enrolled in the teaching credential program at John F.
Kennedy University.
John F. Kennedy University scholarships are institutionally funded
awards for graduate and undergraduate students. scholarships
range from $250 to $2,000 per year; they are designed to reduce
students’ reliance on loans and enable additional students to attend
the University. Eligibility is based on extreme financial need.
The JFKU honors student Merit scholarship and JFKU honors
student Full-tuition Merit scholarships are available to JFKU law
students. These are merit-based scholarships.
other grants and scholarships are periodically available from the
University and outside sources (e.g., private foundations). Notices
regarding the application process for these awards are available in
the financial aid office and are posted on the JFKU Financial aid
website at www.jfku.edu/financialaid.
John F. Kennedy University welcomes contributions to the
University scholarship fund. all contributions are tax deductible
and may be sent to John F. Kennedy University, office of University
advancement, 100 Ellinwood Way, Pleasant hill Ca 94523-4817.
Loans
loans are funds that must be repaid with interest. students should
check with the Financial aid office for current information on
loan limits, interest rates, and terms.
Federal Perkins loans are five percent interest loans for graduate
and undergraduate students. They are awarded by the Financial
aid office from funds consisting of a federal contribution,
University contribution, and repayment from previous borrowers.
Most Federal Perkins loans range from $3,000 to $8,000 annually.
Repayment begins nine months after graduation, withdrawal,
or cessation of half-time enrollment. Repayment may take up to
ten years. Eligibility is based on financial need. These funds are
extremely limited.
Federal stafford loans (subsidized and unsubsidized) are longterm,
low-interest loans that are available from a bank, credit
union, or other financial institution. Both undergraduate and
graduate students are eligible for Federal stafford loans. Graduate
students may borrow up to $20,500 per academic year; lowerdivision
undergraduates, up to $9,500 for the first academic year
and $10,500 for the second academic year; and upper-division
undergraduates, up to $12,500 per academic year.
The subsidized stafford loan exists to assist students that
demonstrate financial need. interest does not accrue while the
student is enrolled at least half-time in an eligible program.
Repayment begins and interest starts to accrue six months after
General Information 29