Page 77 - 2020-2021 Catalog June
P. 77

STUDENT FINANCIAL AID AND SCHOLARSHIPS

               We’re here to help you through the financial aid process every step of the way.

               In support of the BHCLR mission, we believe everyone should be able to receive a college education and
               that cost shouldn’t be a barrier to that education. Financial Aid can seem scary, complicated and
               intimidating at times – but it doesn’t have to! The Financial Aid office is dedicated to providing the best
               financial and veterans assistance to all qualifying BHCLR students.

               Your first step in the Financial Aid process is to complete and submit your FAFSA. You must complete
               and submit FAFSA every year you would like to be considered for Financial Aid and institutional
               scholarships. Once you’ve done that, you’re well on your way!

               The BHCLR Financial Aid Office contact information is provided below:

               Financial Aid Office
               11900 Colonel Glenn Road, Suite 1000
               Little Rock, AR 72210
               Telephone: (501) 202-7486
               Fax: (501) 202-7875
               Email: (financialaid@bhclr.edu)

               Aid Application Process
               Students apply for Federal Aid by completing the Free Application for Federal Student Aid (FAFSA) at
               www.fafsa.ed.gov. Students are encouraged to apply early because some types of aid have limited
               funding.

               Verification of applicant data may be required.  The BHCLR Financial Aid Office will request any
               required verification documentation.  This documentation must be submitted to the BHCLR Financial Aid
               Office as soon as possible to ensure early awarding.  No financial assistance will be awarded until all
               required documents are received and the applicant data is determined to be correct.

               After the student has submitted all required documents to the BHCLR Financial Aid Office, the student
               will be notified of their eligibility for financial assistance. Financial aid awards will be applied
               electronically each semester to the student’s account.

               Aid Options and Other Funding Sources
               The three categories of aid are: grants, loans, and scholarships.

               Federal Pell Grant
               The Federal Pell Grant is the basic grant available to undergraduate students who have demonstrated an
               exceptional financial need on the FAFSA. It is intended to be the ground floor of the financial aid
               package and may be combined with other forms of aid in order to meet the needs of the student. Eligible
               students cannot have earned a bachelor/professional degree or have reached their Pell Grant Lifetime
               Eligibility Used (LEU) of 600% (12 fulltime semesters).

               Pell Grants are available to eligible BHCLR students who have been accepted into any program at
               BHCLR. Students who are degree seeking through an affiliate college or university need to apply for
               financial aid through that affiliating institution.



               Page | 77
   72   73   74   75   76   77   78   79   80   81   82