• Federal Pell Grants
• Federal Stafford Loans
• Federal Parent Loans for Undergraduate Students
• For federal financial aid purposes, students are classified by enrollment levels:
• FULL TIME 12 or more units
• THREE-QUARTER TIME 9 - 11 units
• HALF TIME 6 - 8 units

Grants

A student must maintain a minimum of 9 units per quarter to be eligible for federal student aid. For further information and application materials, please contact the financial aid office. An eligible student may apply for a Federal Pell Grant by completing the Free Application for Federal Student Aid. Federal Pell grants are awarded to undergraduate students with exceptional need who have not earned a bachelor's degree. Students transferring to Samra are considered undergraduate until they have completed 187 quarter units, which include 90 units needed for admission, plus any transfer credit awarded.

Loans

Loans allow a student to postpone paying for a portion of college expenses until completion of their college education. (The following information is taken from The Student Guide, U.S. Department of Education, and U.S. Government Printing Office.)

Federal Stafford Loans

Student loans are long-term, low-interest loans available to all students. A subsidized Stafford Loan is awarded on the basis of financial need. If the applicants qualify for a subsidized loan, the federal government pays interests on the loan (Subsidizes” the loan) until the applicants begin repaying and during authorized period of deferment thereafter. (Refer to The Student Guide for a definition of need.) Student who cannot demonstrate financial need are eligible to apply for unsubsidized Stafford Loans. If the applicant qualifies for an unsubsidized loan, the applicants will be charged interest from the time the loan is disbursed until it is paid in full. The applicant may chose to have the interest capitalized (added to the principal so the applicant do not have to pay interest while the applicant is enrolled in school) or to pay the interest as it accumulates, in which case the applicant will repay less overall. The applicant can receive a subsidized and an unsubsidized loan for the same enrollment period.

Federal Parent Loan for Undergraduate Students (PLUS)

PLUS loans are designed to provide long-term competitive rate financing to assist families in meeting the expected family contribution. Participating lenders include, banks, savings and loan associations, and credit unions. Federal PLUS loan may not exceed the students' cost of education less any financial aid per year for each dependent undergraduate student. Please see the Financial Aid Administrator for details.

Student Eligibility

In most cases to receive aid from the programs discussed in this catalog the applicant must have financial need and: Have a high school diploma or General Education Development (GED) certificate, or pass an independently administered test approved by the U.S. Department of Education or meet standards set by the State of California and approved by the Department:

Be enrolled as a regular student;
Be a U.S. citizen or eligible non-citizen;
Have a Social Security Number;
Make satisfactory academic progress;
Register with the Selective Services, if required.

Cost of Education

The following budget is used to determine financial aid eligibility for the 2008 academic year:

Item	Cost
Actual Tuition and Fee	$ 5,760*
Room and Board	$ 10,136
Books and Supplies	$ 1,556
Personal Expenses	$ 2,448
Transportation	$ 1,984
Average Cost of Attendance	$21,884
* Subject to change based on current tuition costs.

How to apply for Financial Aid

All students must follow the policies and procedures set by the appropriate agencies. Detailed information is available from the University's Financial Aid Office. The instructions outlined below are provided as guidelines only. We encourage students to apply for assistance three months before the date of enrollment. Complete the Free Application for Federal Student Aid (FAFSA). Applications can be completed via the internet website: www.fafsa.ed.gov, or by completing the paper application and mailing to the address provided. Students must submit copies of their federal tax return with all schedules and W-2s for the last tax year proceeding the academic year for which they plan to enroll. A dependent student must additionally include their parent's tax information. The student must complete a Verification Worksheet when requested by the financial aid officer. Applicants wishing to apply for a loan must complete a Federal Stafford Loan Master Promissory Note.

Submit proof of permanent resident alien, if applicable. Submit all other documents as requested by the Financial Aid Office.

Additional information can be obtained by contacting the Office of Financial Aid at (213) 381-2221. If you are a prospective student, please contact the admission office.

Disbursements

Attendance verification forms must be signed by instructors during the first week of classes and submitted to the Financial Aid Office to establish eligibility for disbursement. Generally, to receive federal student aid, students must be enrolled in at least nine units and must maintain satisfactory academic progress as defined by University policy. A student must be enrolled and making satisfactory academic progress at the time of disbursement. Pell Grants are not disbursed until the fourth week of each school term.

Veterans

Educational benefits may be available to qualified veterans. For additional information, please contact the Financial Aid Office.

Tuition Refund

Tuition refunds will be dispersed according to applicable state and federal requirements. Students wishing to cancel their enrollment must notify the Registrar of their intention in writing. The effective date of cancellation is the date the notice is postmarked or handed to the Registrar (or, in the Registrar's absence, to an authorized University Administrative Officer).

Policies of the University

An enrollee may cancel enrollment prior to or on the first day of class in any given quarter, and receive a full refund of all tuition and refundable fees paid toward that quarter. Students wishing to withdraw from individual classes after the beginning of the quarter must complete an Add/Drop form, which may be mailed or given to the Registrar. In regards to fees and refunds, the postmark is the official date of notification for mailed documents. There are no refunds for needles, herbs, books or other supplies. Tuition refund policies also apply to any student who may be terminated from the program by the administration. The tuition refund for any given course, quarter or special session is based on the pro-rata percentage of course hours conducted by the University prior to official cancellation of enrolment until sixty percent of the course has been conducted.

Example:

Up to 10% of course conducted Tuition Refunded-90%
10 to 25% of course conducted 75%
25 to 50% of course conducted 50%
51% or greater of course conducted No refund

For students who have obtained funds from any Federal student aid program, any refunds will be made first to the STAFFORD and PLUS lender up to the amount of disbursement. Any additional refunds will be made next to the PELL GRANT account up to the amount disbursed. Any additional refunds will be made to the students. Recovery of overpayment for non-institutional educational expenses: The overpayment for monies disbursed for non institutional educational expenses will be based on the percent time completed over the total time in that payment period. The student will be responsible for the repayment of the overpayment. No overpayment will result after half the payment period has been completed. The refund, if any, will be made to the PELL account.

State of California Tuition Recovery Fund

California law requires that upon enrollment, a fee be assessed in relation to the cost of tuition (Education Code Section 94343).This fee is included in the tuition at Samra University. The fee supports the Student Tuition Recovery Fund (STRF), a special fund established by the California Legislature to reimburse students who might experience a financial loss as a result of untimely school closure. Institutional participation is mandatory. It is important that enrollees keep a copy of an enrollment agreement, contract, or application to document enrollment, tuition receipts or canceled checks documenting the total amount of tuition paid as well as records showing the percentage of the course which has been completed. These records would substantiate a claim for reimbursement from the STRF, which to be considered must be filed within 60 days following school closure. For further information or instructions, contact: Bureau for Private Postsecondary and Vocational Education, 1027 10th Street, Fourth Floor, Sacramento, CA 95814, (916) 445-3427.