Undergraduate Financial Aid
Financial Aid Office 215.951.2940, financialaid@PhilaU.edu, www.PhilaU.edu/financialaid
At Philadelphia University we believe that no student should be denied the opportunity for post-secondary education solely because of lack of adequate financial resources. In keeping with this philosophy, the Financial Aid Office provides information to students about financial planning and distributes financial aid resources to qualified students. The amount of financial aid available to any student is based on academic performance, need and the availability of funds. A financial aid consumer booklet is available on request from the Financial Aid Office located in the White Corners building.
HOW TO APPLY
Submit the FAFSA at www.fafsa.gov by April 15. Federal school code is 003354.
To apply, students should submit a Free Application for Federal Student Aid (FAFSA) electronically at www.fafsa.gov by April 15. Philadelphia University’s federal school code is 003354. Applicants are considered for all types of aid for which they might qualify. Entering students must be accepted for admission before their requests for aid can be considered. Late applicants will be considered as long as funds continue to be available. All financial aid, with the exception of Federal Work Study, is credited to the student’s account at the beginning of each semester.
Aid awards are made for one academic year at a time. Students must submit new financial aid applications each year by April 15 to qualify for financial aid assistance. Renewal awards are based on academic performance and continuing financial need. Aid may be withdrawn if a student fails to make satisfactory academic progress, fails to report financial aid from sources outside the University, owes a refund on a federal or state grant, or is in default on a student loan.
TYPES OF AID AVAILABLE
Federal Pell Grant: A Federal Pell Grant is a grant administered by the U.S. Department of Education. Grants may range up to $5,730 per year for undergraduate students with financial need. Pell grants are limited to 600% of Pell usage.
Federal Supplemental Educational Opportunity Grant (SEOG): Federal SEOG is a grant program administered by the University. Awards are based on need and other grant eligibility.
Federal Perkins Loan: The Federal Perkins Loan program provides students with long-term, low-interest loans for educational expenses. The amount that can be made available to an applicant is based on the student’s computed financial need and available funding.
Students are eligible to borrow up to $5,500 during one academic year, but no more than $27,500 during the period s/he is a full-time student. No interest is charged while at least half-time status is maintained.
First-time Perkins Loan recipients must complete an entrance interview at www.mappingyourfuture.org.
Repayment of the loan with interest at five percent per annum on the unpaid balance begins either six or nine months after the student graduates, terminates student status or becomes less than a half-time student. Repayment must be completed within 10 years after the interest begins to accrue.
Federal Work-Study Program: The Federal Work-Study Program is designed to stimulate and promote the part-time employment of college students who have demonstrated financial need and who require the wages from the employment to pursue their studies. Students in the Federal Work-Study Program are employed by the University. Students are paid biweekly for the hours worked during the preceding pay period. Federal Work-Study is not deducted from the student’s tuition invoice. Employment under the Federal Work-Study Program is awarded as part of the financial aid package.
The Financial Aid Office assists in matching students with a job based on completion of an online job application form.
Federal Direct Stafford Loan: Loans are available to students enrolled for at least six credit hours per semester. Students may borrow up to $3,500 per academic year for the freshman year, $4,500 for the sophomore year and $5,500 per academic year for the junior and senior years. The total amount outstanding that students may borrow for undergraduate study is $23,000.
The annual interest for loans first disbursed on or after July 1, 2014 has not been set by Congress. The rate for the 2013-14 academic year was 3.86%. The government will pay this interest until a student has terminated his/her studies, or has dropped below half-time status. The student will have a six-month grace period until the student must begin repayment of the principal and interest.
There is a 1.072 percent loan-origination fee deducted from the face value of the loan.
Under current regulations, all applicants must pass a needs test to qualify for this loan. A FAFSA must be filed prior to certification of a loan application by the University. The student must maintain satisfactory progress to renew the loan.
An application for a Federal Direct Stafford Loan can be completed at www.studentloans.gov. If a paper application is preferred, please contact the Financial Aid Office and we will send you one. Sample repayment plans for Federal Direct Stafford Loans are available on our webpage.
Entrance and Exit Interviews: Federal law requires that every student receiving a Federal Direct Stafford Loan through Philadelphia University must complete both an entrance and exit interview. These sessions are completed online at www.studentloans.gov.
Unsubsidized Federal Direct Stafford Loan: The Unsubsidized Federal Direct Stafford Loan provides students who do not qualify for all or part of the Federal Direct Stafford Loan due to need restrictions the opportunity to obtain a low-interest loan. The annual limits a student can borrow are identical to the Federal Direct Stafford Loan program. Under a new federal program, students can borrow an additional $2,000 of unsubsidized loans when coupled with their existing Stafford Loan amount. The distinguishing feature of the Unsubsidized Federal Direct Stafford Loan is that the interest begins to accrue upon disbursement of the loan. Principal payments start six months after the student leaves the University or drops below half-time status. Application procedures are identical to those for a Federal Direct Stafford Loan. Interest rates for loans disbursed after July 1, 2014 have not been set by Congress, as of May 2014. The interest rate for the 2013-14 academic year was 3.86%.
Federal Direct PLUS Loans: Parents of dependent undergraduates may borrow up to the student’s cost of attendance minus any estimated financial aid. Eligibility is based on the borrower’s credit rating. The annual interest rate is a fixed rate, but has not yet been set by Congress as of May 2014. The rate for the 2013-14 academic year was 6.41%.
Repayment of principal and interest begins 60 days after the loan is disbursed. All PLUS borrowers have the option of deferring the payment of the PLUS Loan interest and principal until after the student graduates or drops to less than half-time status. Applications for the PLUS Loan are available at www.studentloans.gov.
Philadelphia University Grants: Philadelphia University Grants are offered to full-time undergraduates who have established financial need. The selection is made by the Financial Aid Office.
Faculty Scholarships and Grants: Scholarships and grants are awarded to students based on academic performance at the time they enter the University. These awards are renewable each year of full-time enrollment as long as minimum grade-point average requirements are met.
Pennsylvania Higher Education Assistance Agency (PHEAA): PHEAA is a state grant program for undergraduate Pennsylvania residents who will be enrolled full time (12 or more credit hours per semester).
All Pennsylvania residents applying for financial assistance from Philadelphia University are required to apply for a PHEAA grant.
Other State Grant Programs: Delaware, Connecticut, Massachusetts, Ohio, Rhode Island, Vermont and West Virginia, along with some other states, offer state grant awards to students who are residents of these states. Students should contact the appropriate state grant agency for more information.
Privately Sponsored Scholarships: Most libraries have books and brochures that list hundreds of scholarships and loan programs. Many of these awards are given to students meeting special conditions such as membership in an ethnic group or religion, academic major, parental employment or labor union association, and parent or student fraternal affiliation.
Veterans and Veterans’ Dependent Benefits: The Post 9/11 GI Bill is for individuals with at least 90 days of aggregate service on or after September 11, 2001. This new GI bill also has a transferability component allowing service members to transfer unused educational benefits to immediate family members. For additional information regarding the Post 9/11 GI Bill go to www.gibill.va.gov. Veterans who served on continuous active duty for 181 days or more after January 31, 1955, may be eligible for educational benefits under the Montgomery G.I. Bill or Veterans Educational Assistance Program (VEAP). In addition, a variety of loans, employment opportunities and other forms of financial assistance are available to veterans. A student who is the dependent of a veteran who died or is permanently disabled as a result of service in the armed forces and students who are serving in the reserves may be eligible for educational benefits. The Financial Aid Office has further information, or contact the Veterans Administration at www.va.gov.
Yellow Ribbon Program: Philadelphia University also participates in the Yellow Ribbon Program. Contact the VA at www.va.gov for more information regarding the qualifications for that program.
Tuition Exchange Program: Philadelphia University is a member of the Tuition Exchange Program. If a parent is employed by a participating college or university, students may be eligible for consideration through the Tuition Exchange Program. Interested persons should contact their place of employment or the University Financial Aid Office for more information.
Athletic Scholarships: Athletic scholarships are available in men’s and women’s varsity sports. The number of scholarships, the requirements, academic standards and awards are controlled by Philadelphia University and by the NCAA regulations for men’s and women’s varsity sports. Contact the Department of Athletics at 215.951.2720 for more information.
Federal Income Tax Credits: The American Opportunity Tax Credit offsets the cost of tuition, fees, course-related books, supplies and equipment for higher education by reducing the amount of income tax for which you are liable. In addition, the credit is partially refundable, which means that you may be able to claim the tax credit and receive a check from the IRS even if you owe no income tax. The amount of the credit can be up to $2,500 per student and income restrictions apply. For more information, contact the Internal Revenue Service at www.irs.gov.
Endowed and Gift Scholarships: Each year, the University receives funds for a limited number of scholarships for eligible students. Although donors may place some restrictions on these funds, academic achievement and need are the primary factors to be considered in determining scholarship eligibility. However, a limited number of scholarships are based solely on academic excellence.
MARIANNE ABLE SCHOLARSHIP: Established in memory of the director of Career Services to help a needy junior or senior dedicated to completing his/her education.
JOEL M. ALPERIN SCHOLARSHIP: For Fashion Industry Management majors who need financial assistance.
ALUMNI SCHOLARSHIP: For deserving students in any curriculum.
AAMA EDUCATION FOUNDATION SCHOLARSHIP: For freshmen students studying apparel.
PHYLLIS ARMON MEMORIAL SCHOLARSHIP: For a Textile Design major in need of financial assistance.
ASSOCIATION FOR CONTRACT TEXTILES SCHOLARSHIP: For a junior or senior Textile Design major with need and a 3.0 GPA.
THOMAS M. BAGLEY ’90 SCHOLARSHIP: For a male student studying fashion design from the greater Philadelphia region.
DOROTHY BECHTEL SCHOLARSHIP AWARD FOR DESIGN EXCELLENCE: For deserving students pursuing a degree in either Fashion Design or Interior Design who have completed sixty (60) credits toward their degree.
BENJAMIN S. BELLEMERE SCHOLARSHIP: For a student who is a member of the Phi Psi fraternity and demonstrates financial need.
BETHLEHEM CONSTRUCTION CORP./WOLANIN COMPANIES LTD./WOLANIN FAMILY/PRIVATESKY® AVIATION SCHOLARSHIP: This scholarship, established by Vincent M. Wolanin and Gregory M. Wolanin, is made in memory of their father, Vincent J. Wolanin, a Pennsylvania Law Enforcement Officer who died suddenly while they were young, and also in tribute to their mother, Julia Solecki Wolanin, who raised them both through difficult times. Vincent ’69 and Gregory ’74 both are graduates of Philadelphia University. This scholarship will be awarded to a student who demonstrates financial need as determined by the University’s Financial Aid Office, and who also demonstrates excellence in athletics and/or excellence in Architecture, Engineering, Design, Marketing, Management, Chemistry, Computer Information Systems or Computer Science. Special preference will be given to a student meeting the above criteria or one who is a relative or employee of Wolanin Companies Ltd. (or any of its affiliates), and to any student who may have suffered the unexpected, sudden or accidental death of a parent. You may visit the Wolanin Companies Ltd. website at www.wolanin.com or www.privatesky.net.
RICHARD BLEILER MEMORIAL SCHOLARSHIP: Given to a deserving student.
BOBBIN PUBLICATIONS SCHOLARSHIP: To a student in Fashion Industry Management.
KENNETH H. BOYDEL SCHOLARSHIP: For a deserving textile student in need of financial assistance.
RICHARD H. BRAUTIGAM ’53 SCHOLARSHIP: For a deserving undergraduate who demonstrates a strong determination to succeed.
BENNET BREGER MEMORIAL SCHOLARSHIP: Awarded to juniors or seniors, with a GPA of at least 3.0, who demonstrate financial need, and are majoring in Engineering, Textile Design, Textile Engineering or Textile Technology.
BURLINGTON INDUSTRIES FOUNDATION SCHOLARSHIP: Established by Burlington Industries Foundation to provide financial support to the dependents of the employees of International Textile Group. If there are no eligible students, then students from North Carolina, South Carolina, and Virginia will be considered; with the preference to students studying: Textile Design, Textile Materials Technology, Fashion Merchandising and Management, or Fashion Design.
CAROLINA ALUMNI SCHOLARSHIP: For a student demonstrating financial need in his or her freshman year who is from North or South Carolina; with a preference for, but not limited to, those majoring in Fashion Merchandising and Management, Fashion Design, Textile Design, Industrial Design or Textile Materials Technology.
JOSEPH M. CATAGNUS ’84 SCHOLARSHIP: For a needy student; preference is given to a visually impaired student or to a veteran.
CHARMING SHOPPES, INC. SCHOLARSHIP: Award for Academic Excellence for a senior with a 3.0 GPA and demonstrated financial need who is majoring in Accounting, Apparel, Design, Finance, Marketing or Textiles.
BERT COHEN MEMORIAL SCHOLARSHIP: For a textile student who demonstrates financial need.
HOWARD C. COLE ’49 MEMORIAL SCHOLARSHIP FUND: For a student studying Textile Design, Textile Materials Technology or Management.
ED COMBS MEMORIAL SCHOLARSHIP: For qualified international students in pursuit of a degree in textiles, apparel or chemistry with a minimum 3.0 GPA who demonstrate a serious commitment to their field of study. Preference is given to the employees of Levi Strauss & Company International Group and their children.
EDWARD M. COPELAND MEMORIAL SCHOLARSHIP: Awarded to a soccer player based on need; first priority is given to a Delaware Valley resident.
JOHN H’10 AND TARA COUCH SCHOLARSHIP: For a deserving freshman student.
EMILY M. CRANE SCHOLARSHIP: For deserving students in any curriculum.
CRANSTON FOUNDATION SCHOLARSHIP: For a deserving student in any curriculum.
GERDA . AND FREDERICK T. CUNDELL SCHOLARSHIP: For a deserving student in the Pre-med program.
CHARLES B. DEGENSTEIN SCHOLARSHIP: For residents of Snyder, Union and Northumberland counties in central Pennsylvania with financial need.
A. LOUIS DENTON SCHOLARSHIP: Awarded to Students in their freshman year demonstrating financial need. The scholarship may be continued with a GPA of 3.0.
DINING SERVICES SCHOLARSHIP: For a student who has a 3.0 grade point average and has been employed by Dining Services for at least two semesters and plans to work there in the upcoming academic year.
WILLIAM N. DONIGER SCHOLARSHIP: For a deserving student in any curriculum.
DOWNS SCHOLARSHIP: Awarded to a freshman student from the Philadelphia area who graduated in the top 20 percent of his/her high school class and whose SAT scores placed the student in the top 25 percent of those taking the test. The student must also take some textile courses.
ECHO DESIGN GROUP, INC. AWARD FOR EXCELLENCE IN DESIGN: For a student with 80 or more credits studying Fashion Design or Textile Design.
PHILLIP ELKIN MEMORIAL SCHOLARSHIP: For a deserving Business student.
FASHION DESIGN FOR PARKINSON'S SCHOLARSHIP: For an eligible Fashion Design student.
FASHION GROUP INTERNATIONAL-LIBBY HAYNES HYMAN SCHOLARSHIP: Established in memory of Libby Haynes Hyman to acknowledge her many contributions to the fashion industry and to fashion design education. For students studying Fashion Design, Textile Design, Fashion Industry Management or Fashion Merchandising, this scholarship was established to encourage talented and highly motivated students to pursue a career in the fashion industry.
FASHION INDUSTRIES ASSOCIATION SCHOLARSHIP: For a student majoring in Fashion.
FIFTH & PACIFIC FOUNDATION Scholarship: For a needy minority student.
IRVING FISHON MEMORIAL FOUNDATION SCHOLARSHIP: Given to worthy Fashion Industry Management students.
FRED FORTESS TEXTILE/APPAREL SCHOLARSHIP: A merit-based scholarship awarded to needy students in the areas of Fashion Industry Management and Textile Engineering.
E.W. AND A.W. FRANCE SCHOLARSHIP: For a deserving textile student.
PEARL AND MURRAY FRUMKIN SCHOLARSHIP: Established by the Textile Veterans Association; for a sophomore who demonstrates financial need and outstanding scholarship.
JAMES P. H’07 AND ANNE M. GALLAGHER FAMILY SCHOLARSHIP: To a deserving student from the Philadelphia area.
GERBER FAMILY SCHOLARSHIP: To assist needy students who are studying abroad.
HAROLD C. GIFT SCHOLARSHIP: For a graduating senior from the Reading Area Senior High School, Reading, PA.
CLIFFORD M. GILPIN ’38 AWARD FOR EXCELLENCE IN TEXTILE STUDIES: For a student enrolled in Textile Engineering, Textile Technology or Textile Design. Special preference shall be given to candidates in the Textile Engineering Program. Additionally, the award recipient shall have a grade point average of at least 3.5 and will be expected to demonstrate a strong commitment to their chosen career field, as well as involvement with an appropriate professional organization.
DR. NANCY S. GOLDSMITH MEMORIAL SCHOLARSHIP: For registered nurses enrolled in the Health Services Management program who have at least a 3.0 GPA and a commitment to a career in the allied health services.
RICHARD GOLDSTEIN MEMORIAL SCHOLARSHIP: For students with financial need, starting in their freshman year through graduation, maintaining a 3.0 grade point average in a textile-related field.
THE DR. HERMAN GOLDSTINE AWARD: Will be awarded annually to the architecture student who has presented the best thesis. Candidates for the award will be those students who are in their final semester (spring semester of the fifth year of study).
PEGGY GOUTMANN SCHOLARSHIP: For junior-, senior- or master’s-level students majoring in textiles.
JULIA M. GRANDBY SCHOLARSHIP: For students studying either Textile Design or Fashion Design.
BILLY HARRIS ’74 SCHOLARSHIP: Named in memory of Billy Harris ’74, the scholarship is given to students with financial need who demonstrate academic achievement, leadership skills and athletic ability.
BUCKY AND LORRAINE HARRIS SCHOLARSHIP: The Bucky and Lorraine Harris Scholarship has been established as an endowed scholarship under the guidance of the founding committee members and the University Development Office.
Selected students will have attained at least a sophomore status at the University; will be involved with the Department of Athletics through recreation, office assistance or work study, but NOT a member of an intercollegiate program; and will be used to assist in the management of the campus Fitness Center, along with assisting the facility director in daily building operations.
IRENE HERVEY SCHOLARSHIP: For a textile major who demonstrates financial need.
H. NEWLIN HILL MEMORIAL SCHOLARSHIP: For students enrolled in a textile curriculum who demonstrate financial need. First consideration will be given to dependents of AstenJohnson community employees.
HOME FURNISHINGS ASSOCIATION OF THE DELAWARE VALLEY SCHOLARSHIPS: To students majoring in Interior Design who demonstrate need.
MICHELE IAMPIERI SCHOLARSHIP: To an undergraduate student majoring in Fashion Design and who demonstrates financial need. Preference will be given to a student residing in Howard County, Maryland.
MAURICE KANBAR ’52 SCHOLARSHIP: Awarded to a high achieving, innovative student.
LARRY KARLIN ’50 SCHOLARSHIP: For an economically disadvantaged male and female undergraduate student in their junior years, majoring in a textile-related field, without regard to grade point average and who have successfully completed the Global Leadership Program (GLP). In those years when students (male and/or female) cannot be identified as having successfully completed the Global Leadership Program, the GLP selection criteria can be temporarily suspended so that the funds can be allocated to a student or students who meet the other selection criteria.
JOHN J. KAUFMANN MEMORIAL SCHOLARSHIP: For a freshman enrolled in a textile major, demonstrating academic excellence and financial need.
KEYSTONE WEAVING MILLS SCHOLARSHIP: For a deserving student enrolled in a textile, apparel or fashion design degree program who is at least at sophomore level, demonstrates financial need, and has a 3.0 GPA.
BORIS KROLL l H’71 SCHOLARSHIP: For a student enrolled in Textile Design.
ROGER LAVIALE SCHOLARSHIP: To assist Philadelphia University students studying in Scotland at Heriot-Watt.
MR. AND MRS. ROBERT LEVISON SCHOLARSHIP: For a deserving student enrolled in any degree-seeking curriculum.
DR. GEORGE A. LINTON TRUST: For a student enrolled in a textile curriculum who demonstrates financial need.
STEVEN GARY LITCHMAN ’69 MEMORIAL SCHOLARSHIP: For a deserving student majoring in textiles.
LOCKYER FAMILY SCHOLARSHIP: For a needy student from the greater Philadelphia region.
MAGUIRE FOUNDATION SCHOLARSHIP: Awarded to a student in his or her freshman who attends: a Faith in the Future high school, St. Joseph's Preparatory School, AIM Academy, Merion Mercy Academy, or one of five Mastery Charter Schools. Students must exhibit financial need and be an active participant in school or community volunteer extra-curricular activities. Students much maintain academic standing, community activities, and attend an annual luncheon hosted by the Maguire Foundation in order to continue the scholarship from year to year.
CHRISTOPHER K. MCHUGH ’86 SCHOLARSHIP: For a deserving undergraduate student in his/her junior year who has demonstrated financial need and a strong determination to succeed.
MEMORIAL SCHOLARSHIP: For a deserving student.
WILLIAM JOSEPH MILOWITZ SCHOLARSHIP: For deserving and underprivileged students who meet the academic requirements of the University.
KRISTINE A. MINNICK ’97 SCHOLARSHIP: To a deserving Physician’s Assistant student in the fifth year of school with a minimum 3.3 GPA and need. Applications are to be submitted to the Physician’s Assistant Program Director.
MISCELLANEOUS ENDOWED SCHOLARSHIP: For deserving students in any curriculum.
MICHAEL AND EVELYN MUTOLESE SCHOLARSHIP: For a student who has financial need and is studying textiles, apparel or fashion merchandising.
RUTH AND MORRIS NISSMAN SCHOLARSHIP: For a deserving U.S. citizen, without regard to major, who demonstrates creativity (in any discipline) and empathy for others. Special consideration will be given to a student who has challenges to overcome and demonstrates the resolve to build a better world. The scholarship will be effective beginning in the student’s freshman year and will continue into succeeding years if the recipient continues to maintain a GPA above 2.5 and demonstrates a commitment to creating understanding within the University and broader community.
OFFICE DEPOT SCHOLARSHIP: For deserving students in any curriculum.
OUGHTON FAMILY SCHOLARSHIP FOR VETERANS: Provides financial support to students who served in one of the five branches of the U.S. Military (Marine Corps, Army, Navy, Air Force, and Coast Guard) and received an Honorable Discharge, or is currently serving on active duty or as a reservist in one of the aforementioned branches. Award to a deserving student demonstrating financial need in their freshman year and continuing for a total of four years if the student maintains a GPA of 3.0.
PHILADELPHIA MEN'S AND BOYS' APPAREL ASSOCIATION SCHOLARSHIP: For a student majoring in Fashion Industries Management or Apparel.
PHILADELPHIA TEXTILE ASSOCIATION SCHOLARSHIP: For a student who is majoring in one of the textile fields. Preference is given to a Philadelphia-area resident.
PHILADELPHIA WOOL AND TEXTILE ASSOCIATION AWARD: For a deserving textile student with 60 or more credits who demonstrates need and is actively involved with a campus-based or community-based service organization.
JOHN ’70 AND BARBARA PIERANTOZZI SCHOLARSHIP: Established by John’s fellow alumni, colleagues and friends in honor of his service to PhilaU in a variety of leadership roles from 1974 until his retirement in 2011. The scholarship will be awarded annually to a freshman student with demonstrated financial need as determined by the University’s Office of Financial Aid. First preference will be given to residents of the City of Philadelphia.
Harry Reimer Scholarship: For a well-deserving student in any curriculum.
ARTHUR B. ROBERTSHAW JR. ’23 SCHOLARSHIP: For junior- or senior-level students studying textiles.
ROCKIN’ CHRISTMAS SCHOLARSHIP: For a strong, academically qualified student from Lee County, Florida; a student demonstrating high levels of excellence in academics and athletics and/or math, science, music, chemistry, biology or architecture; and/or has lost a parent due to illness or sudden death. [A2]
KAY AND HAROLD R. RONSON ’51 Scholarship: For deserving students in any curriculum.
ARTHUR SALAMAN SCHOLARSHIP: For a deserving student-athlete with need and a 3.0 GPA.
SCHLESINGER SCHOLARSHIP: For a student in any curriculum.
SCHWAB FAMILY SCHOLARSHIP: Awarded to a junior Fashion Merchandising or Fashion Industry Management student with a 3.0 GPA.
THOMAS R. SHIRLEY, SR. SCHOLARSHIP: For a deserving student from the Roxborough, Manayunk or East Falls neighborhoods, or a student from the Philadelphia area.
JOHN SICHEL MEMORIAL SCHOLARSHIP: For a deserving student in any area of study.
ALLEN SIRKIN ’64, H’10 SCHOLARSHIP: Awarded to a needy student enrolled in Fashion Industry Management or Textiles.
RICHARD D. SMITH MEMORIAL SCHOLARSHIP: A scholarship restricted for a Textile major.
W.W. SMITH CHARITABLE TRUST: Given to academically qualified students from middle-income families who are usually not eligible for federal and state grant assistance.
ARTHUR SOBEL SCHOLARSHIP: For deserving students enrolled in the Textile Design, Textile Engineering or Chemistry programs.
JOHN L. STEEN ’59 SCHOLARSHIP/FELLOWSHIP: For a U.S. citizen who is a full-time undergraduate student majoring in Textile Engineering, Industrial and Systems Engineering with a minor in Textile Engineering, Textile Technology, Textile Design or Textile Management and Marketing (must be a concentration in apparel, fabric development, quality assurance or textile production). The Steen Scholarship for undergraduate students will be effective beginning in the student’s sophomore year and will continue into succeeding years if the recipient maintains a grade point average above 3.0 (grading scale 4.0) and demonstrates a commitment to his/her chosen career field.
In the event that an undergraduate student is not available, the John L. Steen Graduate Fellowship must be awarded to a U.S. citizen who is a full-time graduate student majoring in Textile Engineering. The Steen Fellowship will continue into succeeding years if the recipient maintains a grade point average above 3.0 (grading scale 4.0).
The recipient, either an undergraduate or graduate student, is expected to demonstrate leadership skills and actively participate in community service.
In all cases, a resident of the State of New Jersey will be given preference.
BERNARD STEUR SCHOLARSHIP: For a Textile Engineering student with a strong interest in knitting.
FLORENCE STEWART SCHOLARSHIP: For a deserving student from Asia, particularly from Singapore or Indonesia.
BERTRAM A. STROOCK ’11 SCHOLARSHIP: For a deserving student.
MICHAEL T. SULLIVAN ’86 MEMORIAL SCHOLARSHIP: For deserving students in part-time evening programs; awarded annually.
TEXTILE DISTRIBUTORS ASSOCIATION SCHOLARSHIP: Given to students in need of financial assistance and enrolled in textile curricula.
TEXTILE VETERANS ASSOCIATION SCHOLARSHIP: For a sophomore who demonstrates financial need and outstanding scholarship.
W. FRANK UHLIG ’29 SCHOLARSHIP: Preference is given to a student studying in textile and chemistry.
THE UNDER FASHION CLUB, INC. SCHOLARSHIP: To a junior-level student to encourage talented Fashion Design and Textile Design students to pursue careers related to the intimate apparel segment of the industry.
UPS SCHOLARSHIP: Distributed by the Association of Independent Colleges and Universities of Pennsylvania to a deserving student selected by the University’s Financial Aid Office.
KELLY MARIE VODGES ’01 SCHOLARSHIP: established in memory of Kelly Marie Vogdes, who graduated from Philadelphia University in 2001, for students studying Fashion Merchandising and who are graduates of Camden Catholic High School.
FREDERICK WASSON SCHOLARSHIP: For students in any major.
MARTIN WEINER SCHOLARSHIP: Preference is given to Korean or other international students.
JOEL B. WEINSTOCK MEMORIAL SCHOLARSHIP: For a Textile Design or Interior Design major.
WHITESIDE GIFT SCHOLARSHIP: Based on a combination of financial need and merit, preference will be given to a student enrolled in the School of Business Administration.
J. BYRON WOLBACH SCHOLARSHIP: For a student majoring in Textile Engineering, Textile Technology or Textile Design. First consideration given to dependents of Lawrence Schiff Silk Mills employees.
WILLIAM WOOD SCHOLARSHIP: For a student deemed deserving.
YOUNG MENSWEAR ASSOCIATION/LEVI STRAUSS FOUNDATION ADVANCED STUDIES SCHOLARSHIP: For graduate-level textile and apparel students.
YOUNG MENSWEAR ASSOCIATION ENDOWED SCHOLARSHIP: For a deserving student enrolled in a textile or apparel program.
YOUNG MENSWEAR ASSOCIATION GIFT SCHOLARSHIP: Given to students who are pursuing educational courses that will benefit the men’s apparel/textile industry and who have a demonstrated need for financial assistance.
Academic Progress Requirements
The University is required to establish satisfactory academic progress standards for its federal financial aid recipients in accordance with the U.S. Department of Education regulations. These standards ensure that only those recipients demonstrating satisfactory progress toward the completion of their educational programs continue to receive financial aid.
Whether a student is considered to be making satisfactory academic progress depends on successful semester completion of courses (credit hours), cumulative grade point average (GPA) and maximum time limits to complete their course of study. Students must meet all the requirements listed below:
- Semester Completion Requirement: A student must have earned hours equal to at least 75 percent of cumulative hours attempted to remain in good standing. Students earning less than 75 percent of the cumulative hours attempted will be placed on financial aid probation.
Attempted hours are defined as the hours for which the student is enrolled and charged as of the census date of each semester. Earned hours are defined as the sum of hours for which a student has earned a grade of A, B, C or D. Withdrawals, incompletes, audits and failures are not earned hours. Passing grades received for pass/fail courses are considered attempted and earned hours; failing grades in pass/fail courses are considered attempted but not earned. Repeated courses are included in the calculation of attempted and earned hours.
- Grade Point Average Requirements: Students must maintain a cumulative grade point average (GPA) of 2.0 or have academic standing consistent with the requirements for graduation as determined by the University. Philadelphia University’s academic standards are outlined in this undergraduate course catalog.
- Maximum Time Limit Requirements - A student’s eligibility for financial aid will be terminated once they have attempted more than 150 percent of the normal credits (as defined in the undergraduate course catalog) required for his/her degree program. All attempted hours are counted, including transfer hours, whether or not financial aid was received or the course work was successfully completed.
- Evaluation of Academic Progress: A financial aid recipient’s satisfactory academic progress is evaluated after each semester of the academic year. At that time, a student will either be in good standing, be placed on financial aid probation warning status, or be placed on financial aid probation. Financial aid probation will require an appeal for aid reinstatement and an academic plan coordinated with the student’s academic advisor. This plan will be the new standard by which the student will be evaluated for academic progress. The student must meet all three progress requirements (completion rate, GPA and fall within the maximum time frame) to remain in good standing. Student will be notified by the Financial Aid Office if he/she is placed on probation or denial status for financial aid.
- Warning status: Warning status will not prevent the student from receiving financial aid. The probationary semester is meant to inform the student of potential academic problems and provide time for corrective action. If a student does not meet the satisfactory academic progress standards after the probationary period, probation status could be imposed. Probation status will prevent the student from receiving any Title IV and institutional financial assistance for future enrollment until such time as the student meets all satisfactory academic progress standards.
- Appeal and Reinstatement: Students may appeal their probation status by submitting an Appeal Form to the Director of Financial Aid, along with an academic plan coordinated with the student’s academic advisor. Appeal forms are included in the letter informing students of their probation status and should be submitted to the Financial Aid Office.
Some circumstances such as medical problems, illness, death in the family, relocation, employment changes or personal problems can be considered for an appeal. Documentation verifying the situation may be requested.
Submission of the form is required within four weeks of receipt of the denial letter. The Director of Financial Aid will review the appeal and contact the student via letter as soon as a decision is reached.
Students can raise their GPA and/or satisfy credit deficiencies by taking additional coursework at Philadelphia University without receiving financial aid. Students can eliminate credit deficiencies, but not GPA deficiencies, by successfully completing approved coursework at another institution without receiving aid at that institution. Transfer credits used to satisfy credit deficiencies cannot be credits that were earned prior to the semester in which the student incurred the deficiencies. The student must submit a copy of the academic transcript to both the Financial Aid Office and Registrar’s Office.
The policy does not preclude a student from enrolling in subsequent semesters. Students may have their financial aid reinstated by the Financial Aid Office once all satisfactory academic progress standards are met. It is the student’s responsibility to inform the Financial Aid Office once they have fulfilled the necessary requirements.
Students repeating coursework in which they received a passing grade more than two times will not be eligible to receive federal financial aid for those courses.
Grade level advancement policy for Stafford Loan eligibility
1-29 Freshman level
30-59 Sophomore level
60-89 Junior level
90-up Senior level
120-up (for Architecture students only) 5th year
Tuition Refund Policy
Effective Date of Withdrawal Refund Amount
|Before Classes Start||100%|
|First Week of Classes||80%|
Federal regulations mandate that students attending Philadelphia University who are federal financial aid recipients be processed for a refund if they withdraw before the 10th week of the semester.
Financial Aid Refund Check Policy
Financial aid will be applied to tuition first. Any remainder must be applied to all other University charges before a refund check is issued. Students who are credited with aid in excess of their tuition and other charges will be mailed a refund check within 14 days of the financial aid disbursement to their student account. Financial aid typically disburses after the second week of classes. Students can sign up in QuikPAY for direct deposit of their refund. The parent borrower will be refunded, by mail, any excess funds resulting from a Parent PLUS loan.
Return of Title IV Funds
The Office of Financial Aid is required by federal statute to recalculate federal financial aid eligibility for students who withdraw, drop out or take a leave of absence prior to completing 60 percent of a payment period or term. The federal Title IV financial aid programs must be recalculated in these situations.
Recalculation is based on the percentage of earned aid using the following Federal Return of Title IV funds formula. The number of days completed up to the withdrawal date divided by the total days in the payment period or term equals the percent of the payment period or term completed. (Any break of five days or more is not counted as part of the term.) The percentage is also the percentage of earned aid.
Funds are returned to the appropriate federal program based on the percentage of unearned aid (100 percent minus the percentage of earned aid).
If a student earned less aid than was disbursed, the institution would be required to return a portion of the funds, and the student may be required to return a portion of the funds. Keep in mind that when Title IV funds are returned, the student borrower may owe a debit balance to the institution.
If a student earned more aid than was disbursed to him/her, the institution will offer the student a post-withdrawal disbursement via a letter, which, if accepted, must be paid within 120 days of the student’s withdrawal. The student must accept or decline the post-withdrawal disbursement within the time frame indicated in the letter.
Refunds are allocated in the following order:
- Unsubsidized Federal Direct Stafford Loans
- Subsidized Federal Direct Stafford Loans
- Federal Perkins Loans
- Federal Graduate PLUS Loans
- Federal Parent (PLUS) Loans
- Federal Pell Grants
- Federal Supplemental Opportunity Grant