|
Bureau of Vocational Rehabilitation (BVR)
Also called the Division of Vocational Rehabilitation (DVR).
The Institute operates under contracts with most states.
Scholarships
HIWT awards three scholarships each year
for the Structural Welding Program. The
scholarships are: The Robert Bercaw Scholarship –
application deadline April 1; The Howard B. Cary
Scholarship – application deadline August 1; The Raymond
C. Dunlavy Scholarship – application deadline December 1.
Contact HIWT at 800-332-9448 or
http://www.welding.org for application forms and
further information.
Financial Aid Continued
After a determination of which programs
you are eligible for, the following forms will require
your signature:
1. If selected for verification, shown by an
asterisk (*) after the EFC# - tax forms and the
verification form.
2. For loans – the entrance and exit interview
forms.
*If the amount of a grant and/or loan
exceeds the cost of training, HIWT refunds the overage
to the appropriate person or agency as required by law.
Cost of Education
Before applying for financial aid,
students should assess all of the costs of attending
this institution. The financial aid office establishes
standard budgets, which reflect average costs for
students during a typical term of enrollment. Actual
expenses vary among student’s life styles, priorities
and obligations. To assist applicants in determining
their need to meet all costs of education, direct and
indirect, a schedule of tuition and fee costs may be
obtained by calling the Financial Aid office at
800-332-9448.
Funds
Disbursement
All financial aid funds are disbursed by the Business
Office and students are given receipts for all monies
applied to their tuition account. Normally, one-half of
each financial aid award is disbursed after 30 days of
the student’s training and after completion of half of
the clock hours. Refunds will be distributed at the
student or parent’s request |
|
in writing after each disbursement and
only if a credit balance exists after all fees and
tuition have been paid on account until the next
distribution. The student must maintain satisfactory
progress in order to receive the second disbursement.
EFT (Electronic Funds Transfer)
All Pell Grant monies and most Federal loans are
disbursed by EFT. For loan disbursements received in
check form the following procedure will be used.
1. The Institute will receive a check payable to the
student or parent and the Institute. Both parties must
endorse the check.
2. The check will be applied to the
students account and any excess will be distributed in
check form to the appropriate party.
Any student who has terminated his/her training without
notifying the school and has an outstanding tuition
amount due, and has failed to endorse their financial
aid check for the amount owed the school, will be sent a
letter explaining the outstanding tuition charges owed
and the amount credited to their account from the
financial aid program they received. Only the amount
owed the school will be disbursed and applied to their
outstanding balance.
Financial Aid Probation
1. Students receiving a course grade of
less than 2.0 will be required to repeat the course at
the individual course tuition rate. Students receiving
financial aid will be placed on financial aid probation
and will lose their eligibility for financial aid for
the repeated course. Students repeating a course must
score a 2.0 or better in the repeated course or will be
terminated because of unsatisfactory progress.
Example:
If a student is required to repeat a course, the period
of financial aid probation is for the entire course. The
student must achieve a passing score of 2.0 or better to
be removed from financial aid probation and continue
with the training program.
2. Students placed on financial aid
probation for attendance reasons will have to meet the
terms of probation as established by the Vice
President/General Manager of HIWT. The terms will
include make-up time or repeat time. |
|
3. Courses that are repeated will count
in the calculation of hours attempted and completed
hours earned if the student receives a grade for that
course. The grade received for that course will be
included in the student’s final grade average for the
course, i.e., the prior semester grade which results in
repeating that semester will be replaced with the
repeated semester grade.
4. Students may only repeat a course in which their
attendance or grades were unsatisfactory according to
this policy.
Course Incomplete/Withdrawal
The student is required to contact the school Scheduler
for withdrawal procedures when dropping a course or
withdrawing from the school. Students will not receive
financial aid funds for the course in which credit for
prior training is granted. Should a student
withdraw during a course, re-entry would be at the
beginning of the course. Financial aid eligibility will
not be granted for that course when the student retakes
it. Any student placed on financial aid probation
for failure to meet the satisfactory progress standards
established by the Institute due to mitigating
circumstances may submit a written appeal describing the
circumstances to the Vice President / General Manager of
HIWT. The Vice
President / General Manager, in conjunction with the
financial aid officer, will notify the student within
two weeks of acceptance or rejection of the appeal.
The Return to Title IV Funds Rule
Our Institute is required to determine the earned and
unearned portion of Title IV aid when a student ceases
enrollment prior to the planned completion date.
Unearned Title IV funds that are the responsibility of
the Institute must be returned to the Title IV programs
no later than 30 days after the date of determination
that the student withdrew. HIWT calculates this date as
the last date of attendance.
Rights & Responsibilities for Receiving
Financial Aid
As a recipient of Federal student aid,
you have certain rights you should exercise, and certain
responsibilities you must meet. Knowing what they are
will put you in a better position to make decisions
about your educational goals and how you can best
achieve them.
|