Student Financial Aid
Financial aid is available to students who, without such help, would be unable to attend the University of North Dakota.
The primary responsibility for financing a college education rests with the student and family. UND financial aid is viewed as a supplement to family support.
Most student aid is awarded on the basis of need. “Need” is the difference between cost of education (tuition, fees, room, board, books, supplies and related educational expenses) and the Expected Family Contribution, which is the amount the student and family is expected to contribute, as determined by a standard formula. In determining family contribution, four major sources are considered:
- family income,
- family assets,
- student’s income, and
- student’s assets.
If cost exceeds the family contribution, need will exist; and every effort will be made to provide adequate financial aid. To offer maximum assistance, awards often are made in the form of a financial aid “package” combining one or more different types of aid (loans, scholarships, grants, or employment).
The final determination regarding the type(s) and amount of aid awarded is based upon an evaluation of the applicant’s eligibility for a particular type of aid and upon the availability of funds under the various aid programs.
Types of Aid
Four different types of financial aid are offered:
- scholarships, and
Employment enables recipients to work and earn money. Loans are borrowed money which must be repaid with interest. Scholarships are gifts awarded on the basis of academic performance and potential. Grants are gifts of money which do not have to be repaid.
Financial Aid Procedures and Award Policies
February 1 is the priority deadline at the University of North Dakota. To receive top consideration for all programs, students are advised to complete the FAFSA by February 1. Students must submit the FAFSA or Renewal FAFSA each year.
The Student Financial Aid Office awards aid to the neediest students who have a complete file by February 1. After that date, students’ files are considered by the date the FAFSA was received for processing until all funds are awarded. Late applicants, as well as those who incorrectly fill out their application materials, may experience a considerable delay in receiving notification of their eligibility and subsequent delivery of any remaining financial aid funds.
All students whose files are complete will be notified by early summer regarding the action taken on their application. Recipients of financial aid must accept or reject the aid within 30 days after receiving notice of the award or one week prior to the semester ending, which ever comes first.
Coursework that does not count toward the graduation requirements at UND, i.e., all audited coursework, also does not count toward enrollment requirements for financial aid eligibility.
The Department of Education or UND may ask students to prove the information they provided on their applications for financial aid is accurate. As part of this process, students and/or parent(s) will be required to complete the IRS Data Retrieval within the FAFSA application. The student and/or parent(s) may be asked to provide additional information or documentation based on why the file was selected for verification. Failure to provide proof may result in the cancellation of aid from all of the Title IV programs and may also result in the cancellation of aid from other sources.
Federal financial aid received because a student reported incorrect information will have to be repaid. Any person who intentionally makes false statements or misrepresentations on a Federal financial aid application is violating the law and is subject to a fine or imprisonment or both, under provisions of the U.S. Criminal Code.
Satisfactory Academic Progress for Financial Aid Eligibility
To be eligible to receive financial aid, students must meet the following minimum standards as established by the University:
- Undergraduate Students
- All students must have a minimum cumulative grade point average of 2.00. All other undergraduate students who meet the University’s minimum academic standards as defined in the UND Undergraduate Catalog meet this standard.
- Graduate Students
- Graduate students must have a minimum 3.0 institutional cumulative grade point average.
- All students must be eligible to re-enroll in the next term in order to meet this standard. The student’s cumulative grade point average will be reviewed at the end of each regular period of enrollment.
Rate of Progress Standards:
- Maximum Time Frame
- Undergraduate Students
Undergraduate students shall be making satisfactory progress for financial aid purposes if their program of study is completed within 150% of the length of the program (a maximum of 187 attempted credits for all programs).
Post-baccalaureate students (not admitted to graduate, law, or medical programs of study) enrolled in an educational program that leads to an undergraduate degree or teacher certification are also subject to the undergraduate maximum time frame standard.
- Graduate Students
Students admitted to the School of Graduate Studies shall be making satisfactory progress for financial aid purposes if their program of study is completed within a maximum of 135 attempted credits.
- The maximum time frame standard will be reviewed at the end of each regular period of enrollment.
- Undergraduate Students
Minimum Percentage of Completed Hours
- In order to earn enough credits to graduate within the above maximum number of attempted hours, students are required to successfully complete two-thirds (66.667%) of the cumulative credit hours at tempted.
- The percentage of completed hours standard will be reviewed at the end of each regular period of enrollment.
- A student can receive federal financial aid if they have two different careers, i.e., undergraduate and graduate, if they are enrolled in at least six credits in their primary career. Students that are interested in the 3/2 combined programs should be advised to speak to financial aid to make sure their financial aid is not canceled or adjusted.
- A more detailed Summary of the Standards of Satisfactory Progress for Financial Aid Eligibility is available at: und.edu/financial-aid and the Code of Student Life.
Repayment of Financial Aid
Financial aid funds can be used only for educational expenses. Therefore, repayment may have to be made if a student officially or unofficially withdraws from the University. If withdrawal is before first day of classes, or if the student fails to pay tuition, all cash disbursements are overpayments and must be repaid in full. If withdrawal is on or after the first day of classes, the University will determine the amount of “unearned aid” to be repaid according to a federal formula. To officially withdraw, a student must complete a withdrawal form at the Registrar’s Office, 201 Twamley Hall. If a student does not officially withdraw, the unofficial withdrawal date will be the student’s last documented date of attendance or the midpoint of the semester, whichever is later.
Access to Records
In compliance with the Family Educational Rights and Privacy Act of 1974 as amended, the University of North Dakota has developed policy guidelines for access to the education record with respect to the rights of eligible students and parents of dependent eligible students. All information contained in University records is considered confidential, except for directory information, which may be released publicly in printed, electronic, or other form. To inquire about your financil aid file students must complete the FERPA Release form through Student Account Services.