Recognizing that college costs are a legitimate concern to many students, the Bridgewater College commits significant institutional resources for grants and scholarships. To assist as many students as possible, the aggregate of institutional funds for an individual student is restricted to an amount equivalent to tuition and fees and may apply only to semesters taken on campus. Institutional grants and scholarships apply to institutional costs associated with undergraduate enrollment during the academic year and exclude summer school.
The financial aid office coordinates resources provided by the college, as well as state and federal aid programs to provide a substantial and varied program of financial aid. The Bridgewater College gives students more opportunities and more options to empower themselves to strengthen their voice and think of college as a chance to raise the bar and stretch individual knowledge and abilities.
Both returning and new students are required to submit the Free Application for Federal Student Aid (FAFSA) for each academic year no sooner than October 1 and the priority deadline is March 1.
Applications submitted after March 1 will be processed as long as funds are available. The FAFSA is also the approved application for need based institutional and state financial aid programs.
The financial office begins releasing aid packages to prospective students after March 15 on a rolling basis. Returning students receive their aid packages after June 15.
The financial aid office coordinates resources provided by the college, as well as state and federal aid programs to provide a substantial and varied program of financial aid.
While Bridgewater College has a refund policy for charges, outlined on page 62, a separate policy for federal aid exists as described in the “Return of Title IV Funds” regulations published by the U.S. Department of Education. The amount of aid earned is calculated on a pro rata basis through 60 percent of the payment period.
The amount of unearned Title IV aid is then returned to various Title IV aid programs, including Federal Direct Loan, Federal Perkins Loan, Federal PLUS Loan, Federal Pell Grant, Federal Supplemental Educational Opportunity Grant and other Title IV programs.
If the student has received any assistance from the Title IV funds in the order listed above, the return of funds will go to those specific programs in the order received. After 60 percent of the payment period (academic semester) has been completed, all Title IV funds have been earned and continue to be available for payment against institutional charges.
It is possible for students whose accounts were paid in full at the start of a term to owe payment for the balance of charges after the return of Title IV funds is completed. The withdrawal date for use in this process can begin in several different ways.
The standard procedure begins with the date that the student picks up a withdrawal form from the associate dean for academic affairs, or the date that the student orally or in writing provides an official notification to the institution of their intent to withdraw, can be the valid withdrawal date.
If a student gives no official notification, Bridgewater College has the option of using the midpoint of the payment period or a withdrawal date documented with the student’s attendance at an academically related activity.
Before a student takes any action to withdraw, it would be advantageous to learn the refund policy that the business office will use as well as the implications of any refund of Title IV funds.
Any questions concerning this issue should be addressed to the financial aid office. All questions concerning final resolution of the account balance in the student accounts office should be addressed to the vice president for finance.
The amount of the Virginia Tuition Assistance Grant (VTAG) is determined by the Virginia General Assembly. For the 2017-2018 academic session, the maximum estimated value of this grant for full-time, undergraduate students domiciled in Virginia is $3,300.
A VTAG award of half of the undergraduate amount is also available to fulltime, graduate students domiciled in Virginia who are enrolled in the graduate athletic training program (CIP Code 51.0913). The VTAG application deadline is July 31, and the application form is available at bridgewater.edu/financingyoureducation.
Endowed scholarships are funded through gifts from interested alumni and friends, churches and the income of endowed funds. Each scholarship has select criteria and eligibility requirements associated with it.
Bridgewater College has more than 200 endowed scholarships to award to eligible students. Endowed scholarships generally are available only to returning students.
Institutional grants and scholarships apply to institutional costs associated with undergraduate enrollment during the academic year and exclude summer school.
Full time status is enrollment in a minimum of 12 credit hours for undergraduate students and a minimum of 9 credit hours for graduate students. Selected federal programs can be awarded to students enrolled on a part time basis.
This is a renewable state incentive grant offered to transferees as well as incoming freshmen in said states.
This blog post updated: April 22 2018
Further reading, https://www.bridgewater.edu/academics/college-catalog/financial-information/financial-aid
402 East College Street, Bridgewater, VA 22812
Telephone: 540 828 8000
Telephone: 800 759 8328 or 540 828 5375
Office of the Financial Aid
Telephone: 540 828 5377