Financial Aid
The Office of Financial Aid is dedicated to helping students and their families make attendance at Goldfarb School of Nursing an academic and financial reality through financial aid planning. There are many different sources of financial aid available to qualified students. It is best to submit all required forms as soon as possible, since some aid is awarded on a first-come, first-served basis for qualified applicants.
Financial Aid programs include the following:
- Supplemental Education Opportunity Grant (SEOG)
- Federal College Work-Study
- Graduate and Parent PLUS Loans
- Alternative Student Loans
- Federal Pell Grant
- Access Missouri Grant
- Income Sharing Agreements
- External Scholarships
- Federal Subsidized & Unsubsidized Direct Stafford Loan
- Institutional Scholarships
- Bright Flight
- Fast Track Workforce Incentive Grant
Students are encouraged to complete the Free Application for Federal Student Aid (FAFSA) each year. By completing the FAFSA, a student applies for federal, state, and institutional aid. The FAFSA is required to be filed each year to apply or reapply for assistance for the upcoming academic year. The FAFSA is available October 1st at FAFSA® Application | Federal Student Aid.
The priority deadline for completion of the FAFSA is February 1st, but students are encouraged to apply for financial aid as early as possible. Applications received after this date will be considered for aid as long as funds are available.
All students are strongly urged to check with the Office of Financial Aid concerning questions related to the financial aid process. In addition, students are advised to check with local service clubs, churches and employers about scholarships that might be offered. Additional resources may be available through other local, state, and federal agencies. Please contact your financial aid counselor for additional information. The Office of Financial Aid is on the fourth floor.
To apply or reapply for Financial Aid please visit the link below:
https://www.barnesjewishcollege.edu/Departments/Financial-Aid/Steps-to-Apply-for-Financial-Aid
Satisfactory Academic Progress
Pursuant to Federal Regulations, the Goldfarb School of Nursing Financial Aid Office is required to monitor the academic progress of all students who apply for federal financial aid. Financial aid funds can only be awarded to students who are completing a minimum percentage of hours attempted, maintain a specific GPA, and who meet the college’s standards for continued enrollment. If a student fails to meet any standard or combination of standards, the student will become ineligible for federal financial aid. Students making Satisfactory Academic Progress (SAP) and eligible for financial aid are required to:
- Be admitted and enrolled as a degree-seeking student.
- Undergraduate students must maintain a 2.5 Cumulative GPA for all coursework.
- Graduate students must maintain a 3.0 Cumulative GPA for all coursework.
- Passes 67 percent of all attempted hours (includes all transferred credits).
Students must not attempt more than 150% of the hours required for their degree program including transfer credit. For example, a student in a program that requires 120 credit hours will have the eligibility suspended after attempting more than 180 credit hours. Academic completion and completion rates are evaluated at the end of each term.
Repeated coursework - Students must repeat all courses for which a “D” or “F” is earned. Only the grade earned after a course is repeated will be used to compute the GPA. Even though a student may repeat a failed course and earn a higher grade, the original failure is not negated and is a failure when considering academic dismissals. All repeated courses affect financial aid SAP calculations. Regardless of whether the student received financial aid or not, all repeated coursework must be counted as attempted credits. The grade earned in the repeated course is the grade that determines the student’s cumulative grade point average.
Grade Changes - If a student’s grade has been overturned due to an approved appeal after the progress evaluation is run, it is the student’s responsibility to notify the Office of Financial Aid, so new information can be taken into consideration.
Financial Aid Warning - A student who fails to meet SAP will be placed on Financial Aid Warning but will remain eligible to receive Title IV funding for one term. If at the end of the warning period (a term) and Satisfactory Academic Progress is not met, the student will be placed on Financial Aid Suspension. A student may submit an appeal which identifies their plan to meet SAP at the end of the next term.
The student must also meet with their Financial Aid Counselor in the term that they are now placed on Warning. The Counselor will have an initial meeting with the student early in the term to review the situation with them and will refer the student to their Academic Advisor and SAAC Coordinator. A second meeting with the student will occur about one month after the initial meeting with the student to follow-up and ensure the student is satisfactorily progressing in their program.
Satisfactory Academic Progress Appeal - If a student is unable to meet the above referenced requirements (GPA, completion rate, and maximum time frame) they may submit an appeal to the Financial Aid Office. The appeal must explain why the student failed to make SAP and what changes have occurred which will ensure SAP will be met at the next evaluation (the end of the next term). While there is no limit on the number of appeals a student may submit when they fail to meet SAP, the cause cannot be duplicated. The student must have a unique situation preventing them from meeting SAP requirements (car accident, death in immediate family, pregnancy, serious illness, etc.). Appeals must be submitted per the guidance on the SAP appeal form and will be reviewed by a committee.
Financial Aid Probation- If after successfully appealing, the student will be placed on probation if it is determined they will be able to meet SAP requirements in the next term. The student must meet SAP requirements at the end of the probationary term. If the student fails to meet SAP requirements, they will be suspended from receiving Title IV aid, whereby they must appeal again (using a new reason for appeal).
Academic Plan - An Academic Plan will detail the specific expectations and requirements that must be met for each term the student receives aid until SAP requirements are met. A specific GPA and percentage of hours completed will be assigned for each term to ensure that SAP requirements are met within the required time frame. Failure to comply with any part of the Academic Plan requirements or to achieve the expected GPA and percentage will terminate the Academic Plan provision and the student will become ineligible for federal aid.
Regaining Title IV Eligibility-If a student has been denied an appeal, or academic plan, the student can regain eligibility only by taking action that brings him them into compliance with the school’s SAP standards. Such examples may include taking a specified number of hours in a certain term, and paying out of pocket, or alternative funding. Once the student has then re-met the SAP criteria, they may regain Title IV eligibility.
Readmission & Treatment of Academic amnesty/renewal- If the student previously attended GSON, but were academically dismissed and they are re-admitted, all previous coursework will be included in both the attempted and GPA portions of the calculation. If this previous coursework causes the student to lose Financial Aid eligibility, they may appeal this.
Second Degrees- Students whose program requires a bachelor’s degree (Accelerated, MSN), or Associate’s degree (RN-BSN), at a minimum we will accept transfer hours needed for admission.
Degree changes- If a student changes programs i.e. Accelerated to Upper Division, the hours needed for the new program are also taken into consideration.
Withdrawals- If a student withdraws from a course after the add/drop period for that particular course, the hours are still counted as attempted.
Remedial Coursework- GSON does not offer remedial coursework; therefore, we do not have a policy on how remedial coursework is treated.