About
Policy 2315 – Hardship Waivers for Students Regarding Tuition and Fee Increases
Effective Date: 9/4/2018
Responsible Office: Office of Financial Aid
Reference: ULS Policy Number: FB-IV.V.2
Louisiana Tech University has established Hardship Waivers to provide limited, partial tuition/fee assistance to its most needy students. Students meeting the following criteria may receive a waiver of the amount of an increase in tuition and fees for the quarter in which increases are first applied as long as funds are available.
Criteria
In order to qualify for Hardship Waiver A, students must;
- be a Louisiana resident; and
- be a full time student; and
- qualify for Pell Grant as determined by the Department of Education; and
- maintain continuing academic eligibility for federal financial aid; and
- have a cost of attendance greater than the financial aid that they have accepted; and
- have not declined federal financial aid (other than Parent PLUS); and
- have no other scholarships or waivers that cover the same fee increases.
In order to qualify for Hardship Waiver B, students must;
- be a full time or part time undergraduate student; and
- be charged the fees that the waiver applies to; and
- qualify for Pell Grant as determined by the Department of Education; and
- maintain continuing academic eligibility for federal financial aid; and
- have a cost of attendance greater than the financial aid that they have accepted.
Other Guidelines
- The cost of attendance must be greater than the amount that may be available to the student from all forms of financial assistance.
- The waiver cannot be used in connection with other scholarships and waivers that partially or entirely cover the same fee increases.
Duration
- The waiver is applicable to fall, winter, and spring quarters and is revalued on a quarterly basis based on any relevant tuition and fee changes.
- Summer quarter waivers are not available.
Awarding Process
The Financial Aid Office will award hardship waivers to needy students as funds are available based on a first-come-first serve basis in the order that financial aid was processed.
Retention
The student must continue to meet the criteria each quarter to receive the waiver. The waiver will be in effect for the three quarters of fall, winter, and spring.
Notification Process
Students will be notified by email and will be instructed to accept the award prior to a disbursement of funds.
Tracking
The Division of Student Financial Aid will maintain records on the number of waivers disbursed and value of awards granted. Information shall be reported on the BOR 5 in accordance with the Board of Regents guidelines.