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2014-2015 CAAP Tuition and Financial Aid
Application Fee - $75 (Non-refundable)
Cost Per Unit - $300
Students must purchase their text books and the average cost is approximately $180 per course.
Payment and Refund Policy
The CAAP Program commits faculty and University resources, so students are urged to understand the payment, refund, and cancellation policy before committing to the program. Students must make payment in full for all courses they wish to take.
Students must make payment in full, for all courses they wish to take, by May 21, 2014. If you withdraw prior to the first day of your first course, you will receive a 100% refund (less $200 non-refundable deposit). If you withdraw after the beginning of your first course, you will receive a 50% refund for courses not yet begun. No refunds will be given for any course that has already begun.
Weekend ProgramTuition will be assessed on a quarterly basis. If you withdraw prior to the first day of your first course of the quarter, you will receive a 100% refund (less $200 non-refundable deposit). If you withdraw after the first day of your first course of the quarter, you will not receive a refund for any course that has already started, and will receive a 50% refund for any course that has not yet started.
WHAT TYPES OF LOAN OPTIONS ARE AVAILABLE TO ME?
A maximum of $2,500 (for dependent students) and $4,166 (for independent students) is available William D. Ford Loan subsidized and/or William D. Ford Loan unsubsidized for students who choose to complete the FAFSA (Free Application for Federal Student Aid) at www.fafsa.ed.gov. Any remaining funds needed to cover the cost of the program would come from a Private Alternative Loan.
For students who would rather borrow the entire amount needed for the program in one loan, you may apply for a Private Alternative Loan through any lender you choose (more information is provided below).
HOW SHOULD I APPLY FOR LOANS?
To be awarded with federal loans, please begin by completing the FAFSA at www.fafsa.ed.gov. The 2013-2014 FAFSA should be completed. The FAFSA should be completed at the time you are completing your admissions application for the CAAP Program. When completing the FAFSA, it is critical that you choose "5th year undergrad" as your grade level on the application.
Once you have been admitted to the CAAP program and the Financial Aid Office has received your FAFSA, we will generate an electronic financial aid award letter listing your federal student loan eligibility. Once you are awarded the federal loans maximum by the Financial Aid Office, please accept the loans on eCampus and complete the required Master Promissory Note (MPN) and Entrance Counseling Tutorial online at https://studentloans.gov/myDirectLoan/index.action . Your Federal Student Aid PIN is required to access this secure website. The loan funds will not disburse to your student account until both requirements have been completed.
For Private Alternative Loans, please visit the Financial Aid Office's website at http://www.scu.edu/financialaid/Private-Alternative-Loans.cfm to obtain information on how to choose a lender and apply online for this loan. When completing the online application for a Private Alternative Loan using your lender's website, please specify your grade level as "5th year undergraduate" or "undergraduate". The lenders will ask for your grade level on the loan application and it is critical that they understand you are not in a graduate program.
WHAT IS THE TIMELINE FOR THE LOAN APPLICATION PROCESS?
In order to have your financial aid completed for payment deadlines, please begin the financial aid application process when you are applying to the CAAP program. Once the FAFSA is submitted online and you have been admitted to the CAAP Program, you will receive email notification through SCU email system from the Financial Aid Office notifying you that your award letter is ready to view/accept/decline on eCampus.
HOW DO I ACCEPT MY AWARD?
If you received a financial aid e-mail award notification, you should log-on to the eCampus system to accept or decline your aid. In order to access eCampus you will need your Student ID number and password.
You will need your SCU User ID (W0XXXXXX) and access to eCampus for financial aid purposes. The Financial Aid Office will communicate with you by using the SCU email address.
Please contact the Enrollment Services Center at 408-551-1000 or via email at firstname.lastname@example.org with any questions throughout the financial aid application process.