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Graduate Tuition and Financial Arrangements

Tuition, Fees and Other Charges for the 2013-2014 Academic Year

Tuition $405 per credit hour; $450 per credit hour for MBA students

Audit Fee $205 per credit hour

Comprehensive fee per semester $100

Comprehensive fee per term - winter, summer I, summer II $65

Refer to Tuition and Fees at www.hood.edu/admin/accounting for future pricing information.

Tuition Payment Methods

Payment of tuition, fees and other charges is due generally one week before the start of the fall and spring semesters and by the first day of class for the summer terms. Students registering after the deadline must make payment at the time of registration. Students may pay their tuition using the Monthly Payment Plan. Information on this option can be found at www.hood.edu/paymentplan or by calling the Accounting Office at (301) 696-3609. Any unpaid balance remaining after classes begin for the semester will be subject to a late fee. Account balances will prohibit the release of grade reports, transcripts and diplomas, as well as registration for future semesters. The Accounting Office can be reached at (301) 696-3607 or accounting@hood.edu

Referral to Collection Agency

Delinquent accounts are referred to a collection agency. At the time of referral, collection costs added to the account balance are a minimum of 25%, plus any attorney and/or court costs. The student will be liable for collection costs and other costs incurred by Hood College in an effort to collect monies due from the student

Family Tuition Plan

Please see Undergraduate Tuition and Financial Aid, Family Tuition Plan for information on the Family Tuition Plan.

Financial Aid

Information regarding student loans is available from the Office of Financial Aid, located on the third floor of the Joseph Henry Apple Academic Resource Center, and they can be reached by phone at (301) 696-3411 or by e-mail at finaid@hood.edu. In order to be eligible for federal loans, a student must be accepted for enrollment in a degree program, take a minimum of 3 credits each semester and be making normal progress toward a degree from Hood as described below. To apply for a federal loan, a student must complete both a Free Application for Federal Student Aid (FAFSA) and the Hood Graduate Financial Aid Application.

International students, although not eligible for federal loans, may apply for loan assistance from private educational loan programs if they have a credit-worthy cosigner who is a U.S. citizen or permanent resident. Additional information can be obtained by contacting the Office of Financial Aid.

Some programs offer Graduate Assistant positions to support graduate students and needs of the department. Graduate Assistant positions will be posted with other current job openings online at www.hood.edu.  Students can also inquire about this possibility with the appropriate program director.

Satisfactory Academic Progress (SAP)

Students are expected to maintain a record of academic achievement that will enable them to graduate in a reasonable time period. Graduate students receiving financial aid at Hood College of any type (federal, state, institutional and outside scholarships and grants) must demonstrate both qualitatively and quantitatively the ability to do satisfactory academic work and to progress measurably toward a degree. This is in addition to any renewal criteria required for specific state, institutional or other outside awards.

Federal regulations require the Financial Aid Office to monitor students’ (undergraduate and graduate) academic progress at the end of each academic year. This is to ensure that students receiving funds are successfully progressing through their program of study. At the end of the spring semester of each academic year, the Financial Aid Office evaluates the academic progress of each student receiving financial aid according to the standards set forth below by the College. This evaluation determines a student’s eligibility to receive financial assistance in the next academic year. In addition, at the end of both the fall and spring semesters, the registrar reviews the qualitative academic progress of all degree-seeking students to determine the eligibility for continued enrollment at Hood College.

Graduate programs range from 30 to 36 credits with most programs at the 36-credit level, and a 3.00 cumulative average is required to complete the degree. Students are considered to be making satisfactory progress toward degree completion for financial aid purposes by adhering to the schedule outlined below.

SEMESTER COMPLETED CREDITS EARNED CUMULATIVE G.P.A
First/Second 12 2.75
Third/Fourth 24 3.00
Fifth/Sixth 36 3.00

Some students may not complete the degree in three calendar years, but the number of credits earned determine the year of standing. Also, these standards may not coincide exactly with the Graduate School and the registrar’s standards. The time-frame allowed for the completion of a degree can be much longer, but it is divided into academic year increments for financial aid according the schedule above.

The maximum time frame in which a graduate student is expected to complete their degree is 150 percent of the published length of the program measured in academic credits. Students will become ineligible for any type of financial aid if the maximum timeframe for completion is not met. For example, if a published length of a graduate academic program is 36 credit hours; the maximum period must not exceed 54 (36 × 150%) attempted credit hours.

Additional Degree / Dual Degree

The maximum time frame in which a student is expected to complete their degree is 150 percent of the published length of the program measured in academic credits for a student pursuing an additional degree or enrolled in a dual degree program.

Transfer Credits

Transfer credits and/or credits for prior learning given at the time of enrollment will be counted in the total number of credits attempted. During the course of enrollment, a student may transfer credits earned at outside institutions, however, the credits will apply only for meeting the maximum timeframe standard.

Treatment of W, INC, AU, F, S and U Grades and Repeated Coursework

  • Course withdrawals (W) after the drop/add period are not included in the G.P.A. calculation, but are considered a noncompletion of attempted coursework.
  • Incomplete (INC) grades are not included in the G.P.A. calculation but are considered a noncompletion of attempted coursework until the incomplete grade is replaced with a permanent grade and academic progress can be reevaluated.
  • An audit (AU) grade is not considered attempted coursework. It is not included in the G.P.A. calculation or completion rate determination.
  • A satisfactory (S) grade is treated as attempted credits earned, but it is not included in the G.P.A. calculation.
  • An unsatisfactory (U) grade is treated as attempted credits that are not earned, but it is not included in the G.P.A. calculation.
  • A failing grade (F) is treated as attempted credits not earned; it will be included in the calculation of the G.P.A. and the minimum completion rate.
  • All grades earned for a repeated course will be included in the calculation of the G.P.A. and every repeated attempt will be included in the completion rate determination.

Financial Aid Suspension

Students are placed on financial aid suspension if they do not meet one or both of the SAP standards. Students that are failing to make satisfactory academic progress and who successfully appeals will be placed on financial aid probation. Students placed in this status may continue to receive financial aid for one semester but are expected to improve their academic standing (CGPA) and/or maximum timeframe progress so that the standards of SAP are met by the end of the following semester.

Financial Aid Probation

If at the end of the probationary period the student still does not meet the standards set forth in this policy, eligibility to receive financial aid of any type will be suspended. Students who fail to meet the maximum timeframe towards completion of their degree within 150 percent of their attempted credits will have their financial aid canceled.

Reinstatement of Aid after Probation Appeal is Approved

Reinstatement of financial aid after a student is placed on suspension is achieved as follows:

  • The student submits a written letter of appeal in accordance with the appeals process and the Financial Aid Appeals Committee grants the appeal. The student is placed on financial aid probation for one semester and is allowed to maintain their aid eligibility. SAP will be reviewed at the end of that semester; or
  • The student attends Hood College during the suspension semester, pays for tuition and fees without the help of student aid and does well enough in the coursework to satisfy all the satisfactory academic progress standards. The student must notify the Office of Financial Aid if they are planning to attend Hood College without the assistance of financial aid; or
  • The student may attend summer school to eliminate the deficiency in credits or G.P.A. The student must notify the Office of Financial Aid if they are planning to take classes during the summer to eliminate the deficiency. Students cannot take classes at another institution to resolve a G.P.A deficiency. Classes must be taken at Hood College.

A student whose eligibility has been suspended may regain eligibility at the end of any term after which they meet the above criteria.
Students who have been placed on suspension cannot skip a semester and regain eligibility. No financial aid will be disbursed during subsequent semesters for students on suspension.

Appeals Process

Appeals of financial aid suspension must be made in writing to the director of financial aid by the date specified in the Financial Aid Suspension notification letter.
The appeal letter must address the extenuating circumstance(s) why satisfactory academic progress was not made, why the extenuating circumstance(s) has changed, as well as an outlined plan of corrective action for future academic success. The appeal must explain why the student failed to meet satisfactory academic progress and what has changed in the situation that will allow him to make satisfactory progress at the next evaluation. Extenuating circumstances can include, but is not limited to, illness or injury; death of a family member; family difficulties; interpersonal problems with friends, roommate, significant others; difficulty balancing work, athletics, family responsibility; or financial difficulties.
The director of financial aid will review the appeal and notify the student in writing within 10 working days whether the appeal has been accepted or denied. If the appeal has been accepted, the letter to the student will detail the academic plan of corrective action as well as require the approval of the student’s academic adviser. All decisions made by the director of financial aid are final and will not be subject to further review.

Veterans’ Educational Benefits

Hood College serves as a liaison and informational resource to veterans by providing Veterans Administration forms and certifying eligibility status, and is a Yellow Ribbon participating institution. To initiate or continue benefits, veterans must contact the Registrar’s Office, (301) 696-3616, at the beginning of each semester to complete the required paperwork, in compliance with the policies and procedures established by the registrar and the Veterans Administration. Information and application forms may be obtained from the Registrar’s Office located on the second floor of the Joseph Henry Apple Academic Resource Center.