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Fill out the
2008-2009 TU Financial Aid Application
Responding to Requests for Additional Documents
Thirty percent of our student body who apply for Federal Assistance
are selected for a process called
verification. If you are selected, please send
in the requested documents in a timely manner. Do not submit
any documents such as tax returns unless requested.
Your Financial Aid Award
In order to award your file it is necessary to complete a financial
aid application. If you are interested in receiving Federal Aid,
you will need to complete the FAFSA. At the time your application is
reviewed, you are automatically considered for all categories of aid,
including scholarships, grants, loans, and employment. It is the
responsibility of the Office of Student Financial Services to
determine your eligibility and assign awards appropriate to your
needs. The University of Tulsa reserves the right to reduce or
rescind award packages if federal allocations to the University are
insufficient to cover expenditures. Outside sources of
assistance may be estimated and may change when the award is
finalized.
The
exact composition of an aid package depends upon several factors.
The extent of your financial need and the availability of funds are
prime considerations. Also, your academic record, admission
date, and the date of your application may affect the aid package.
This approach to awarding aid fulfills the primary goal of the
University's financial aid program-to utilize available student aid
funds to assist the largest possible number of qualified applicants.
The
student budget models used for the determination of financial aid
eligibility are based on the "modest but adequate" concept, and include
both fixed and variable expenses. No provision is made for
expenses that are not directly related to your college attendance.
There are three basic budget models:
|
Resident |
The student resides
in a University residence hall and contracts for a University meal
plan. |
|
Commuter |
The student resides
with a parent or other relative. |
|
Off-Campus |
The student commutes
from and resides in off-campus housing (not owned by a parent or
other relative). |
The
financial aid budget is determined by the number of credits and living
arrangements reported on your financial aid application form.
Changes in either will affect your financial aid eligibility.
Enrollment in audit classes do NOT count toward eligibility for
financial assistance. If aid is advanced to you for which you
are not or were not eligible, you will be required to repay that
amount, possibly with interest.
