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Need-Based
Aid
Academic Requirements
Resident
or Commuter Status
International Students
Readmitted Students
Students
with Disabilities
Independent and Married Students
Students Whose Parents are Divorced or Separated
Study Abroad
Refund Policy
Billing
and Disbursement
Student and Family Resources
Treatment of Outside Scholarships
Preferred
Lenders NEED-BASED AID All
federal financial aid administered by Barnard College is based on demonstrated
need as determined by the Federal Methodology formula. However, need for institutional
aid is determined using a Barnard Need Analysis formula which takes into consideration
all sources of income and all assets. Barnard gives no merit scholarships. The
College believes that the primary responsibility for financing educational costs
rests with each student's family, and all College aid is supplementary to family
resources. Once need has been established, Barnard makes every effort to meet
the need of as many students as possible with a combination of grant, loan, and
employment opportunities. A student who is admitted to Barnard with a Barnard
College Grant may expect grants in future years, provided that she continues to
meet economic and academic eligibility and reapplies each year. No student who
is admitted to Barnard without financial aid can be guaranteed college grants
for future years. Awards are for the academic year only. A student can receive
Barnard aid for a maximum of eight semesters. Each semester a student is enrolled
is counted towards the eight semesters of eligibility whether or not aid was received.
No financial aid is given for summer study. If a student has room in her academic
year financial aid package and has not already borrowed the maximum loan, these
funds may be borrowed during the academic year to be used to pay for classes the
following summer. (Back to Top) ACADEMIC
REQUIREMENTS All students who receive financial
aid, whether from federal, state, or Barnard College funds, must be enrolled degree
candidates in good standing. They must also be making sufficient academic progress
toward the degree. Students will be considered to be making satisfactory progress
if they have maintained a 2.0 cumulative GPA and have satisfactorily completed
a sufficient number of courses to proceed to the next academic level (sophomore,
junior, senior). A student cannot receive aid for more than two semesters at any
given level. The minimum standards for satisfactory progress are as follows:
| Academic Level: | Points Completed: |
| First Year | Fewer than 24 | | Sophomore | 24-51 | | Junior | 52-85 | | Senior | 86 or more | If
the aid recipient has not met these criteria in the prior year, she will lose
aid eligibility. A student must be taking at least 12 points each semester to
receive financial aid from the College with the exception of second-semester seniors
who require less than a full-time course load in order to graduate and students
enrolled in the JTS double degree program. A second semester senior who needs
fewer than 12 points to graduate may be eligible for a portion of her grant if
she is registered for a minimum of 6 points. Eligibility will depend upon the
number of points taken and the total Family Contribution. Half-time students are
eligible for aid from some federal and state programs. No student, except under
extraordinary circumstances, will receive more than a total of eight semesters
of financial aid. Requests for a ninth term of aid must be made in writing to
the Dean of Studies. (Back to Top) RESIDENT
OR COMMUTER STATUS During 2008-2009 all students
who live on campus will have their financial aid based on a full resident budget.
Students who decide to live off-campus or commute from home will have their Barnard
grant reduced by approximately $10,000 to reflect the costs of a commuter. It
is the student's responsibility to notify Financial Aid when she decides not to
reside on campus. No resident student ever receives more financial aid for room
and board than the average amount required to cover the costs of living and eating
in College residences. This average is based on the cost of a multiple room and
the maximum meal plan. A student who chooses to reside in a single room must cover
the difference between the cost of a single and a double room from her own resources. (Back
to Top) AID TO INTERNATIONAL STUDENTS
Students who are not U.S. citizens or U.S.
permanent residents are considered international students. Barnard College has
designated approximately three scholarships for international students in each
first-year entering class. Applicants who wish to be considered for aid must complete
the Barnard College Institutional Financial
Aid Application and the College Board
International Student Financial Aid Application. However, if your parents
file a U.S. Federal income tax return, please complete the CSS Profile Form instead
of the International Application. International students who did not apply for
financial aid at the time of admission should not expect financial assistance
in future years at Barnard. Barnard will continue to aid renewal students who
demonstrate need. Click here for application
instructions. (Back to Top) READMITTED
STUDENTS An aid recipient whose withdrawal
from the College is approved in writing before she leaves may be considered for
financial aid as a renewal student if she meets the published deadline of April
18th for submission of application materials. Students must be re-admitted by
the Dean of Studies Office before their financial aid decision will be released.
If a student receives credit toward her Barnard degree for courses taken while
on a leave of absence, the number of semesters for which the student is eligible
to apply to Barnard for aid may be reduced accordingly. A readmitted student will
not be eligible for financial aid if she is in default on a Federal Perkins Loan
or a Federal Family Education Loan or if she owes a repayment on a Federal Pell
Grant or a Federal Supplemental Educational Opportunity Grant. (Back
to Top) STUDENTS WITH DISABILITIES Barnard
College recognizes the special needs of the student with a disability. Any aid-eligible
applicant who identifies herself as having a disability-related need is encouraged
to arrange an appointment with a staff member in Financial Aid. Whenever possible,
a financial aid package responsive to her particular needs will be offered. (Back
to Top) INDEPENDENT AND MARRIED STUDENTS
A student may be eligible for federal aid
as an independent student if she is: • 24 years old by December
31, 2008;
• a veteran of the Armed Forces of the United States;
• an orphan or ward of the court;
• a graduate/professional
student;
• a married student;
• a student with
legal dependents other than a spouse. For those students who meet these
criteria and are applying for Barnard College Grants, financial information from
parents is still required. The requirement relates to Barnard's view that education
is the primary responsibility of both parents and students. A student who marries
while in College is still considered as dependent of her parents for Barnard financial
aid purposes and parents must continue to supply their financial information.
However, a student who is married at the time of admission may be eligible for
Barnard financial aid based on the joint resources of the student and her husband.
(Back to Top) AID
TO STUDENTS WHOSE PARENTS ARE DIVORCED OR SEPARATED Barnard's
policy for determining the financial needs of students from divorced or separated
families is based on the general principle that parents are responsible for the
post-secondary education of their children to the extent that they are financially
able. Divorce or separation of the natural parents does not absolve either parent
from this obligation. If a parent is remarried, the income and assets of the entire
new family unit are considered pertinent to the natural parent's ability to contribute
to the cost of a Barnard education. Financial Aid is sensitive to the special
circumstances that are involved and will take all information into careful consideration.
The student's custodial parent must file the Free Application for Federal Student
Aid (FAFSA) and the CSS Profile Form. The custodial parent is the parent with
whom the student lived with most in the last 12 months. The noncustodial
parent must complete either the CSS Noncustodial
Parent's Statement (paper) or the Noncustodial Parent's Profile (online) and
send a copy of his or her 2007 Federal income tax return with W-2 forms directly
to Financial Aid. If your noncustodial parent owns a business and files a tax
return for that business, include a copy of the partnership/corporate return.
(Back to Top) WITHDRAWALS
AND REFUNDS A student who withdraws during
the semester may be eligible for a refund from the College if she has been enrolled
for less than 60% of the term. If a student has been enrolled for more than 60%
of the term, she is not eligible for a refund of tuition. The refund formula measures
the actual amount of time enrolled during the semester, and is determined by the
number of days enrolled divided by the total number of calendar days in the semester.
For example, there are 109 days in the Fall 2007 term of the 2007-08 academic
year. If a student withdraws on the 50th day of the semester, her charges and
financial aid will be prorated to reflect the fact that she has been enrolled
for 45.9% of the semester. (This is the result of dividing 50 by 109.) If
a student withdraws prior to the start of the academic year and incurs no charges
for tuition, fees, room and board, the tuition deposit is forfeited. If a student
has incurred charges, the tuition deposit will be applied toward those charges.
If a student is a recipient of Federal Title IV financial aid, refunds
to Title IV programs must be the first priority and must be returned in the following
order: Unsubsidized Stafford Loan, Subsidized Stafford Loan, Perkins Loan, PLUS
Loan, Pell Grant, Academic Competitiveness Grant or National SMART Grant and SEOG.
A student is not eligible for a refund until all Title IV funds and other
scholarships, as required, are reimbursed, and any outstanding balances with the
College are cleared. A prorated award is considered a full semester's award
thereby reducing by one the eight semesters of eligibility for Barnard aid. Samples
of refund computations are available in Financial Aid. (Back
to Top) BILLING AND
DISBURSEMENT The payment for fall term tuition,
fees, room and board is due August 1 and the payment for the spring term is due
December 1. Financial aid grants and loans are divided in half and applied to
each bill to determine the balance due. Students use job earnings to cover personal
expenses. If a student's grant and loan aid exceeds College charges, she is due
a refund and must file a refund request form in the Bursar's Office after fall
and spring registration. For questions regarding your bill, please contact the
Bursar at 212-854-2026 or bursar@barnard.edu. (Back to Top)
STUDENT AND FAMILY RESOURCES All
income, which the applicant and her family expect to receive, must be reported
to Financial Aid on the Free Application for Federal Student Aid and the CSS Profile
Form. Changes in reported information which occur during the course of the academic
year must be reported to the Financial Aid and may affect the amount of financial
aid received. The College reserves the right to recompute any financial aid award
on the basis of additional resources and information. (Back
to Top) TREATMENT OF OUTSIDE SCHOLARSHIPS
Each financial aid recipient must notify Financial
Aid of all outside scholarships which she receives. Notification should include
a copy of the award certificate or letter from the scholarship donor indicating
the type and amount of the award. Barnard allows 100 percent of all outside scholarships
to reduce a student's self-help portion of the package and to increase the total
grant. Outside awards in excess of the self-help expectation will reduce the Barnard
grant dollar for dollar. Click here to review
sources of outside scholarships. (Back to Top) PREFERRED
LENDERS Barnard College provides a list of three preferred lenders
that we hope will assist our students and parents as they search for the best
lender to help them cover their college costs. Barnard requests information from
a wide range of lenders every year and requests a brief proposal from each outlining
their available products and services. We stress that we are most interested in
savings for our families and customer service that reflects Barnard’s own
hands-on personal approach. We also prefer to recommend lenders who service their
own loans and do not sell them to other lenders. All proposals are reviewed by
a Committee before a final selection is made. Three preferred lenders are chosen
to give our borrowers a choice of lenders and range of benefits. We reserve the
right to remove any lender from the list at any time with no prior notice. We
review our lender list every year and require lenders to submit brief but formal
proposals to insure that we are recommending those lenders with the most competitive
rates and the best customer service available. We do not receive any form of payment
or remuneration for inclusion on our preferred lender list. We explicitly state
to our families and our lender partners that students and parents are free to
work with any lender they choose and that we will process any federal loan with
any lender at the family’s request. Our preferred list is designed as an
optional service for
our families--helping them find the most competitive rates on the market combined
with the best customer service. (Back to
Top) | 
