• Financial Aid
• Veteran's Administration of Educational Benefits
• SBU Scholarship Program

Download the SBU Financial Aid Guideline

The purpose of Financial Aid is to assist students in paying for educational costs. The Financial Aid Office is available to help students secure funds through a variety of aid programs available to assist students to pay for their education.

These aid programs include grant, loan, scholarship, and work-study program. Grants and scholarships are financial awards the student does not need to pay back. Loans are borrowed funds students must repay. The Work-study program is an opportunity to earn money to pay for part of the student's educational expenses.

Upon enrolling in the University, students may be eligible to apply for the following types of Financial Aid programs: Federal Pell Grant (PELL), Federal Supplemental Educational Opportunity Grant (SEOG), Federal Stafford Loan (Stafford), Federal Work Study (FW-S), Federal Plus Loan (PLUS), Federal Unsubsidized Loan, and CAL State Grants.

Students must maintain a satisfactory academic record in order to remain eligible for Financial Aid. More detailed information can be found in the Financial Aid Handbook. Check with the Financial Aid Officer for such information before you enroll. No financial aid is available for academic work beyond the University's requirements for graduation.

The amount of financial aid a student is entitled to receive depends on financial need. Financial need is the difference between the cost of education and the student's expected family contribution (EFC) as determined by the formula established by the Department of Education. Costs include tuition, non-refundable fees, books, supplies, room and board. The sum of these costs constitutes the educational budget.

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Financial Aid

SBU participates in federal financial aid programs, including federal grants, loans and work-study. Federal financial aid is available to students enrolled in the MSAOM.

Students who have been accepted at SBU may apply for federal financial aid. This requires filing a Free Application for Federal Student Aid (FAFSA). These forms can be obtained from the Financial Aid Office or on the internet at www.fafsa.ed.gov. Students must file a new FAFSA every year. Eligibility for financial aid is determined by using a federal formula outlined by the U.S. Department of Education .

Federal Pell Grant

The Pell Grant is a federally funded program and does not have to be repaid. It is available to undergraduate students who demonstrate financial need.

Federal Supplemental Educational Opportunity Grant (FSEOG)

FSEOG is a federally funded program and does not have to be repaid. It is available to undergraduate students with exceptional need

Federal Work-Study (FWS)

Provides jobs for undergraduate and graduate students with financial need, allowing students to earn money to help pay for education expenses.

Federal Family Education Loan Programs (FFELP)

Federal Stafford Loans must be repaid with interest. Federal Stafford loans can be subsidized or unsubsidized:

Subsidized Stafford Loans
are awarded based on demonstrated financial need. The federal government pays the interest while the student is in school and during grace period (six months after the students has completed the program or drops below half-time enrollment); as well as during the deferment period.

Unsubsidized Stafford Loans
are for all eligible students regardless of financial need. The student is responsible for paying all the interest on the loan, but can allow it to accumulate while in school and during the grace and deferment periods.

How is financial aid determined?

Financial aid is based on demonstrated financial need. This is determined by taking the Cost of Attendance (COA) at SBU and subtracting the Expected Family Contribution (EFC). The EFC is generated by the information reported on the Free Application for Federal Student Aid (FAFSA) and is verified by a federal income tax return and/or agencies providing non-taxable income.

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What are my responsibilities?

• A new financial aid applicant must comply with all admissions requirements before receiving any financial aid funds
• Students borrowing Stafford loans are required to complete a loan counsel ing session before loan funds are disbursed
• Students who borrowed a Stafford loan and complete the program or cease to be enrolled at least half time must complete an exit counseling session
  

When do I get my financial aid money for living expenses (credit balance)?

Student financial aid at SBU is normally disbursed in three equal payments per academic year. Disbursements are typically made by the third week of each quarter after the add and drop period. Financial Aid is posted to your tuition account and you will be notified in writing as to the details of any disbursement made to your account.

If a disbursement creates a credit balance on your account, SBU will issue you a check within 14 days of the posting and will notify you in writing that your check is ready for immediate pick up from the Fiscal Office.

Who can apply for financial aid?

To be considered for financial aid, you must meet all of the following requirements:

• Be a U.S. citizen or eligible non-citizen
• Be registered with Selective Service (if required)
• Have financial aid need, (not required for some loans)
• Have a high school diploma or GED
• Cannot be in default on any educational loan
• Do not owe a refund on a federal grant
• Making satisfactory academic progress (see catalog for details)
  

What circumstances can affect my aid eligibility?

The following is a list of circumstances that can have a serious effect on your aid eligibility:

• You withdraw from all of your classes
• You drop from full-time status (12 or more units)
• You drop below half-time status (less than 8 units)
• Failure to meet Satisfactory Academic Progress as stated in SBU catalog
  

Contact Information

South Baylo University
Office of Financial Aid
1126 N. Brookhurst St.
Anaheim, CA 92801
Tel:714-533-1495
Email:marg@southbaylo.edu

Financial Aid Websites

www.southbaylo.edu/fa
www.fafsa.ed.gov
www.pin.ed.gov
www.edfund.org
www.nslds.ed.gov

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Veteran's Administration of Educational Benefits

The University's programs are approved for the training of veterans and eligible individuals under U.S. Code Title 38. Any honorably discharged veteran of the US armed forces is eligible to receive educational benefits by submitting an application from the Veteran's Representative (Financial Aid Officer) located in the Financial Aid Office. Rules and regulations associated with this type of educational benefit are also available for students' review.

Applications for the Veterans benefits areavailable at the Financial Aid Office. V.A Toll-free number: (888)442-4551, website: www.va.gov

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South Baylo Scholarship Program
Money received from scholarship sources does not have to be repaid. At SBU there are scholarships available for entering students and limited scholarship sources available to students who are matriculated. To be considered for available scholarships, complete scholarship request form (along with all supporting documentation) must be received in the fiscal officer by the appropriate deadline date.

President Scholarship Award

From time to time, the President awards scholarship in unspecified amounts to exceptional students whose performance in academics, involvement in student activities, and services to the University and the AOM profession exceed above and beyond the basic requirements. The President presents the scholarships to the students during the quarterly Student Council Orientation for new students.

Academic Excellence Scholarship

SBU awards scholarship to one (1) student in each language program of each campus every quarter. A total of six (6) scholarships are awarded each academic quarter. The scholarships are awarded based on the following:

1. Completed at least two (2) quarters of full-time study at the University
2. Earned a cumulative quarter grade point average (CGPA) of 3.75 or higher.
3. Involved in activities and/or services to fellow students, the University, and the AOM profession.
4. Demonstrated a genuine need for financial assistance.

Prospective recipients are encouraged to submit an application to the appropriate Program Student Advisor by the finals week of the academic quarter. Scholarship Award Committee reviews and evaluates the applications. Appropriate Program Advisor will notify the student of the award by the first week of the following academic quarter. The Academic Dean presents the scholarships to students during the quarterly Student Council Orientation for new students. Qualified students may not receive more than three (3) scholarships during his/her tenure at the University

Clinic Excellence Scholarship Award

SBU awards scholarship to three (3) interns in each campus every quarter. A total of six (6) scholarships are awarded each academic quarter. The scholarships are awarded based on the following:

1. Completed at least the Observation Phase of the Clinic Internship as a full-time student at the University.
2. Earned a cumulative quarter grade point average (CGPA) of 3.75 or higher.
3. Recommended by the Clinic Supervisors.
4. Dressed professionally and appropriately at all times.
5. Complied with Clinic Rules & Regulations, including prerequisites, CNT, HIPAA, & OSHA.
6. Recruited patients for the SBU Clinics.
7. Involved and collaborated in activities and/or services to fellow interns, the University, and the AOM profession.
8. Demonstrated a genuine need for financial assistance.

Prospective recipients are encouraged to submit an application to the Director of Clinics or the Associate Clinic Director by the finals week of the academic quarter. The Director of Clinics or the Associate Clinic Director will notify the intern by the first week of the following academic quarter. The Director of Clinics or the Associate Clinic Director presents the scholarships to interns during the quarterly Student Council Orientation for new students. Qualified interns may not receive more than two (2) scholarships during his/her tenure at the University.

Alumni Association Scholarship Award

From time to time, SBU alumni may donate scholarship funds for students in a particular language program. The Scholarship Award Committee reviews the criteria for awarding the scholarship. The President presents the scholarships to students in the specified language program during the quarterly Student Council Orientation for new students.

Special Scholarship Award

From time to time, SBU may receive funds from anonymous donors to assist particular students financially. The Scholarship Award Committee reviews the criteria for awarding the scholarship, if the recipient is not designated by the donor. The President presents the scholarships to the designated students in the specified language program during the quarterly Student Council Orientation for new students.

Student Council Scholarship Award

From time to time, Student Councils may receive funds from anonymous donors to assist particular students financially. The Student Council, together with the Scholarship Award Committee, will designate the recipient for the awards. The Student Council President presents the scholarships to the designated students during the quarterly Student Council Orientation for new students.

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