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Closed School Transfer Grant
Earn up to $7,500 for bachelor degree programs, up to $3,500 for associate degree programs, and up to $2,000 for certificate/diploma programs with no grant exceeding the amount of unmet financial need.
Deadline: Students must be enrolled, confirmed and actively attending by February 24, 2017 to be eligible for this grant.
Recognizing that some students have been displaced due to closures at schools, the transfer grant is being offered to ease the burden of transferring to another college and offset the cost of credits ineligible for transfer due to different curriculum requirements or campus transfer criteria.
Any student that meets all admission requirements, and who earned at least 12 credits between the dates of 8/1/2015 and 8/31/2016 at another accredited institution that has ceased enrolling students, is eligible to receive an institutional grant. The grant amount is up to $7,500 for bachelor degree programs, up to $3,500 for associate degree programs, and up to $2,000 for certificate/diploma programs with no grant exceeding the amount of unmet financial need*. Students must be enrolled, confirmed and actively attending by February 24, 2017 to be eligible for this grant. The institutional grant will be disbursed per term, to enrolled students who meet the eligibility requirements.
Eligible students earn the grant by being enrolled at least half-time and meeting the minimum Satisfactory Academic Progress standards. The grant will be disbursed within 10 calendar days of each term start date. Students can receive only one college transfer grant. Any credit balance resulting from the grant will not be refundable and is not redeemable for cash.
Students transferring pursuant to an articulation agreement or from another EDMC school are not eligible for this grant.
In the event that the student’s enrollment is terminated either by the student or the institution, including but not limited to withdrawal, cancel, academic termination, financial termination, or expulsion; or in the event that the student fails to fulfill the terms of the grant, only the portion of the grant awarded for terms completed and partial terms attempted up to the date of determination will be honored. Any portion of the grant scheduled to be award after the date of determination becomes null and void.
* Unmet Financial need is determined by the Program Balance of Cost with school sponsored housing after all applicable and eligible financial aid and other educational benefits have been applied, minus a student’s EFC (Expected Family Contribution). Program Balance of Cost is determined by taking a full program’s tuition charges and fees minus all applicable and eligible financial aid and educational benefits, including the Art Grant.