2008 Scholarship Information & Application
Scholarships: Scholarships available are listed below. Most are through the Farmer School of Business to students participating in one of the Farmer School Summer International programs. For all scholarships but one, students must show need.
Tip: Even if, according to the federal need formula, one did not have financial need in the fall and spring, the student is still encouraged to apply for financial aid in the summer. This is due to the way the federal formula calculates need in the summer. See the Office of Financial Aid in the CAB building for a FAFSA form.
Please note: Scholarships apply only to the student’s winter break or summer abroad tuition and will not be disbursed into the student’s Bursar account until the student registers for the workshop classes in December 2007 or May 2008.
Summer 2008 Scholarships
1. The Farmer School of Business scholarships: The Farmer School of Business has scholarships established especially for students participating in our international programs. All donors of these scholarships state that only students who are need-based may receive this money.
a) Applications for these scholarships are available in room 103 Laws Hall, the FSB International Programs office. For the summer workshops the applications will be available on Monday, January 14, 2008. Application (Available in January 2008)
b) To be eligible for these scholarships, a student must show need.
c) To know if one has need, please see the Financial Aid office for a FAFSA form.
d) Applications and decisions are handled by the Farmer School of Business International Programs.
e) The scholarship amounts for winter break programs are announced in October and for the summer programs in February.
f) The scholarship money will be transferred to the student's Bursar account by the Financial Aid Office after the student has registered for the workshop classes.
2. John T. Petters International Scholarships:The John T. Petters International Scholarships available for $5000.00.
a)Students must demonstrate financial need that they will show on their application with help of their financial aid officer. Their selected study abroad program must have some business component to it.
b) Applications and decisions are handled by the Petters Foundation.
c). Eligible students include those who are applying to or already accepted into study abroad programs for the summer and fall of 2008.
d). The scholarship schedule is as follows:
November 15th: Students may begin sending in their completed applications to the John T. Petters Foundation office.
December 15th: Applications are due (or at least must be post-marked by this date).
January 15th: Scholarship finalists will be choses and live on phone interviews will be set up.
February 1st: Receipients will be choses and acceptance letters will be mailed out.
February: Letters will be mailed to University financial aid office.
March: Funds will be distributed to Universitites and/or Educational Institute to be used for the scholars program.
e). For further information on eligibility along with the application, please go to www.johntpettersfoundation.orgUpdates will be made to the site over the next few months.
“The John T. Petters International Scholarships look forward to helping 25-30 (or more!) students fund study abroad programs over the next year.”
3. Higgin Kim Scholarship:
a) Applications and decisions are handled by the Farmer School of Business International Programs.
b) Applications for this scholarship are available in room 103 Laws Hall, the FSB International Programs office.For the summer workshops the applications will be available on Monday, January 14, 2008.
c) The scholarship amounts will be announced in February.
d) The scholarship money will be transferred to the student's Bursar account by the Financial Aid Office after the student has registered for the international workshop courses.
4. Petters International Scholarship:For students participating in FSB Asian Pacific summer programs, there is the Petters International Scholarship for $5,000.00.
a) Applications and decisions are handled by the Farmer School of Business International Programs.
b) Applications for this scholarship available in room 103 Laws Hall, the FSB International Programs office, on Monday, January 14, 2008.
c) The scholarship amounts will be announced in February.
d) The scholarship money will be transferred to the student's Bursar account by the Financial Aid Office after the student has registered for the summer international workshop courses.
Miami University Loan Information:www.units.muohio.edu/sfa/index.htm
Loans: While Miami does have low interest loans to offer students, one must have financial need to get these loans.
Again, even if, according to the federal need formula, a student did not have financial need in the fall and spring, the student is still encouraged to apply for financial aid in the summer. This is due to the way the federal formula calculates need in the summer.
To be considered for a university loan in the summer, students would need to take the following steps:
1.Complete a Free Application for Federal Student Aid (FAFSA). To receive aid in the summer of 2008 students should have completed the 2007-08 FAFSA form.
2.Complete a Summer Aid Application (a Miami form available from Student Financial Assistance).
3.Enroll in the summer courses. Usually it requires a minimum of 6 credit hours to get federal financial aid for summer school.
All students who take these steps will be considered for summer financial aid, which includes federal aid, university loans, and alternative loans (low interest loans from banks specifically intended for college students).
If a student is already receiving federal financial aid for the current year:
1. Summer financial aid awards will be based on any remaining eligibility from the school year.In most cases this will be a student loan and/or a Parent PLUS loan.A PLUS loan requires a separate application and a parent borrower will be subject to a credit check.
2. If student has no remaining eligibility and parents are unable to borrow, student can apply for an alternative loan.These generally carry higher interest rates, and student borrowers are subject to a credit check.
A Helpful Link: http://www.scholarshiphelp.org
A Merit based scholarship: www.phikappaphi.org/web/scholarships/
Summer Programs : Scholarships
9/28/07
