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Welcome!

Welcome to Bay Path College's Student Financial Services blog. This blog is designed as a means of communication between the Student Financial Services Office and our students, to provide answers to common questions and concerns from our Bay Path community. As always, do not hesitate to contact us if you have any further questions. Thanks for stopping by!

Tuesday, May 24, 2011

...but I only attended ONE class!!!

Have you ever wondered why you were charged for a percentage of a class, even though you didn't complete it or attend most of the classes? This is a very common question that our office is faced with on a daily basis, and for those of you who think the percentages are selected at random, please read further! Bay Path's Institutional Refund Policy as noted in our Financial Information brochure is listed as a refresher below.

Sessions containing 8 weeks: (Graduate Program)
Within the first week - 90% refund
Within the second week - 30% refund
After the second week - NO REFUND

Sessions containing 6 weeks: (One Day Saturday Program)
Within the first week - 90% refund
After the first week - NO REFUND

Sessions containing 15 weeks: (Traditional Program)
Within the first week - 80% refund
Within the second week - 60% refund
Within the third week - 40% refund
Within the fourth week - 20% refund
After four weeks - NO REFUND

Please note: if you withdraw prior to the first scheduled class, you get 100% refund. You may be subject to a $100 drop fee if you withdraw within the 2 week deadline.

Saturday, May 21, 2011

CSO Opportunity Scholarship

The Center for Student Opportunity's Opportunity Scholarship is a $2,000, four-year renewable scholarship awarded to first-generation college students graduating in the high school class of 2011 (entering the college class of 2015) enrolling at a CSO College Partner.

Scholarship winners are also given the opportunity to serve as bloggers on Center for Student Opportunity's blog to share their college journeys and offer advice to younger students like them on how to make it to college.

Qualifying incoming freshmen can apply by visiting http://csopportunity.org/scholarship/ and can contact scholarship@CSOpportunity.org with any questions.

Hurry up because the deadline is May 27, 2011! Good luck!

Thursday, May 19, 2011

More Scholarship Opportunities for Adult Women!



Displaced Homemaker Fund - The Association on American Indian Affairs offers $1500 scholarships to men and women who would not otherwise be able to complete their educational goals due to family responsibilities. Funds may be used for childcare, transportation and basic living expenses in addition to educational costs. Please visit http://www.indian-affairs.org/ for an application - open for submission April 14, 2011 - June 13, 2011.

HORIZONS Foundation Scholarship Program - This program was established to encourage women to pursue careers related to national security and defense of the United States, such as Security Studies, Military History, Law, International Relations, Political Science, etc. It does not include Law Enforcement or Criminal Justice. Please visit http://www.horizonsfoundation.org/ for an application - deadline: July 1, 2011.

National Pathfinder Scholarship - Support provided by National Federation of Republican Women for undergraduate sophomore, juniors and seniors, as well as students enrolled in a master’s degree program. Please visit http://www.nfrw.org/ for an application - deadline: June 1, 2011

Women's Independent Scholarship Program - Funds for survivors of partner abuse who are in school to achieve the financial stability necessary for independence and self-sufficiency. Please visit http://www.wispinc.org/ for an application, they are accepted throughout the year.

Tuesday, May 17, 2011

Notification of Loan Disbursement

Have you ever received a letter in the mail informing you of an amount of money credited to your account? Have you wondered why you were mailed the letter, and why it is a negative amount?

Notification of Loan Disbursement Letters are sent to every student after a loan disbursement is made on your behalf. When you register for the semester, and are awarded student loans to cover your balance, the loan money is not given to the school immediately - it comes in disbursements. Federal regulations require that we notify each of you every time we receive money on your behalf to cover your tuition. This means, that you could receive up to 6 letters every school year! We recommend keeping these letters for your records. If you are familiar with your student account statement online (how could you NOT be? It is an amazingly helpful feature on Cafe Web) you will notice that shortly before you received your notification of loan disbursement, a loan amount was credited to your account.

Saturday, May 14, 2011

"Can I Get My Deposit Back?"

Student Financial Services has received a lot of questions from returning traditional students regarding deposits and their refundability. To be clear: they are NOT refundable. When you deposit from one year to the next, that money goes toward your bill for the following semester. When you graduate, or end your year at Bay Path, the money is not available to you because we've already used it to cover your bill. So essentially, you are "getting it back" when your bill comes due in July because you will owe us that much less!

Deposit Clarifications:
  1. They do not go toward the Alumni fund.
  2. They do not pay for Student Financial Service's Spring Picnic.
  3. They help pay your tuition.
Hope this helps! Have a safe and happy summer!