Financial Aid
Financial Aid
There are students who, without
financial aid of some kind, would be unable to attend university, and it is for
such individuals that the Department of Marketing, and the Department of Grants
& Scholarship of Northern Caribbean University are intended. Outlined below are
the major means of financial assistance. In selecting students to receive such
aid, the university also gives consideration to their citizenship and academic
achievement.
Sources of Aid
Literature Evangelists
Scholarship
The university participates in the
Seventh-day Adventist Student Literature Evangelist Programmes, about which
information may be obtained from local conferences and ministers, or from the
Colporteur Club of the university.
It is the responsibility of students
who are benefiting from the scholarship programmes to ensure that the
appropriate conference confirms in writing to the university the existence of a
scholarship in their name. Otherwise, the students will be required to meet
their obligations through regular payments.
Academic Scholarships
Several academic departments are the
recipients of annual academic assistance scholarships provided by alumni and
other supporters of the university. The scholarships are awarded annually to
students in those departments who meet eligibility requirements. To find out
what scholarships are available, check with the Department of Scholarships,
Grants & Loans, and the department of Enrolment Services & Corporate Alliance.
Special Scholarships
Supporting organizations such as
banks, corporations and other entities, make scholarships available to students
who meet certain requirements. These scholarships are generally advertised
through the sponsoring organizations. Various other scholarships for academic
performance, freshman scholarships, graduation from Seventh-day Adventist high
schools, alumni awards and for students enrolled in specific disciplines, are
also available. Check with the department chair, the dean of the college to
which they are applying, or with the department of Alumni Relations and Planned
Giving for current information and details.
Incentive Awards
The enrolment Services Department
makes incentive awards to students who recruit a certain number of full
fee-paying students to attend the university. The amount of the award and the
eligibility requirements are modified each year. Students should check with the
department to find out availability and the requirements for the year in which
they have been accepted.
Student Loans
Loans are available through the
Students' Loan Bureau. To be qualified, students must have been fully accepted
and matriculated for a full course of study at the university. Students' Loan
applications are made directly to the Bureau. Application dates and eligibility
requirements are advertised in the local newspapers.
Prospective students are strongly
advised to consult with the Students' Loan Bureau for details and dates of
application. Students who are granted loans (which must be repaid after
graduation), may also qualify for Grant In Aid toward housing, transportation
and living expenses. This amount is generally not repayable to the Bureau, but
must be used for the purposes specified. Students may also contact the
department of Enrolment Services for details and application forms (There is a
fee for the application forms).
University Loans
A limited number of loans are
available to final year students who are having difficulty with finances.
Students are required to sign a loan agreement, and these loans must be repaid
within two years after graduation.