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George Mason University
2002-03 University Catalog


Tuition, Expenses, and Financial Aid

Financial Aid

Office of Student Financial Aid

South Chesapeake Module
Web: apollo.gmu.edu/finaid
E-mail: finaid@gmu.edu
Phone: 703-993-2353
Fax: 703-993-2350

The Office of Student Financial Aid provides a variety of services to help students finance their education. These services include financial counseling, referral and information resources, and financial assistance. Student financial assistance consists of grants, loans and work-study. Awards are based primarily on financial need, although there are some alternative resources available for those who may not qualify for need-based aid.

Located in South Chesapeake Module, the office is open Monday, Wednesday, Thursday, and Friday from 9 a.m. until 5 p.m., and Tuesday from 9 a.m. until 8 p.m. Financial aid counselors are assigned to students alphabetically based on students' last names, and are available daily on an appointment basis. For information, visit our web page or call (703) 993-2353.

To apply for financial aid, each year new and currently enrolled students must complete a Free Application for Federal Student Aid (FAFSA). George Mason's Federal School Code for the FAFSA is 003749. Priority consideration for all sources of financial aid is given to those students whose financial aid applications are on file with the Office of Student Financial Aid by March 1. To meet this priority filing date, students should file the FAFSA as soon as possible after January 1. The FAFSA can be filed on-line at www.fafsa.ed.gov or be picking up the form in the office.

Financial aid for Summer Term is generally limited to students graduating at the end of Summer Term or the fall semester. Contact the Office of Student Financial Aid for specifics regarding eligibility. The deadline for the summer aid application is available as of March 1.

All students receiving financial aid must:

  • Be enrolled in an eligible degree or the TEAC certificate program for at least 6 credits in any given semester

  • Maintain satisfactory academic progress as defined by the Office of Student Financial Aid, in accordance with federal guidelines (see below), and

  • Be a U.S. citizen or eligible non-citizen as defined by the U.S. Department of Education

All aid recipients are responsible for becoming familiar and complying with applicable federal/state laws, university regulations, George Mason University student aid information resources, and the student aid satisfactory academic progress policy, which is detailed in the glossary section of our home page (apollo.gmu.edu/finaid) or available in the Office of Student Financial Aid.

Satisfactory Academic Progress Standards for Financial Aid

Federal legislation governing the administration of federal programs requires colleges and universities to define and enforce standards of progress for students receiving or applying for financial aid. To comply with this legislation, the Office of Student Financial Aid has established a formal satisfactory academic progress policy.

For a detailed explanation of the satisfactory academic progress standards, visit the Student Financial Aid home page at apollo.gmu.edu/finaid, call the Direct On-Line Aid Resource System (DOLARS) at (703) 993-4GMU (4468), or visit the Office of Student Financial Aid to obtain a copy of the policy.

The university administers federal, state, and other aid programs as outlined below:

Federal Programs

  • Federal Perkins Loan Program
  • Federal Supplemental Educational
  • Opportunity Grant (FSEOG)
  • Federal Work-Study (FWS)
  • Federal Pell Grant
  • Federal Direct Subsidized Stafford Loans
  • Federal Direct Unsubsidized Stafford Loans
  • Federal Direct Parent Loans for Undergraduate Students (FPLUS)

For more detailed information about these federal programs, refer to the Student Guide for Federal Financial Aid (available in the Office of Student Financial Aid), visit the student Financial Aid home page at apollo.gmu.edu/finaid, or call DOLARS at (703) 993-4GMU.

State Programs for Undergraduate Virginia Residents

Eligibility for all state programs is based on the results received from the Free Application for Federal Student Aid (FAFSA). State grant funds are limited, so adherence to the March 1st priority filing date is critical.

Virginia Commonwealth Award

This program is open to undergraduate students who have demonstrated financial need, are enrolled at least halftime, and are domiciliary residents of Virginia.

Virginia Guaranteed Assistance Program (VGAP)

This program is a component of the Virginia Commonwealth Award Program that is open to first-time freshmen who demonstrated academic achievement in high school. VGAP awards may be renewable for up to four years.

Virginia College Scholarship Assistance Program (CSAP) Grant

This program uses a combination of federal and state funds to provide additional assistance to students who are enrolled at least half time, are Virginia residents, and who demonstrate significant financial need.

Graduate Student Assistance

Graduate Assistantships, Fellowships, and Scholarships

Graduate funding, exclusive of the federal financial aid programs identified earlier, is administered by the individual graduate programs. Students interested in pursuing graduate assistantships, fellowships, or scholarships should contact their graduate program.

Emergency Loan Programs

Mary E. Ferguson Emergency Loan Program

Currently enrolled students may borrow funds for legitimate emergencies excluding tuition, fees, books, and supplies. Emergency loans must be repaid within 30 days; overdue payment results in a late charge of $5 for each 30 days past due. Failure to repay the loan within 30 days, without requesting an extension for a reasonable justification, will result in financial suspension. Students financially suspended for nonpayment of an emergency loan are ineligible for any future emergency loans. Application is made through the Office of Student Financial Aid.

Doug Beaman Emergency Loan Program

The George Mason Alumni Association has established an emergency loan fund through which students may borrow up to $100; repayment is due within 30 days. The program is available to all students, with priority to children of alumni. Application is made through the Office of Student Financial Aid.

Lisa Kenaga Memorial Student Emergency Loan Fund

The Office of Student Financial Aid has established an emergency loan fund through which currently enrolled students may borrow funds for legitimate emergencies excluding tuition and fees. Emergency loans must be repaid within 30 days with a $10 processing fee; overdue payment results in a late charge of $5 for each 30 days past due. Failure to repay the loan within 30 days, without requesting an extension for a reasonable justification, will result in financial suspension. Students financially suspended for nonpayment of an emergency loan are ineligible for future emergency loans. Application is made through the Office of Student Financial Aid.

ROTC Scholarships

Please see Scholarship Programs in the ROTC section of the University Academic Programs and Resources chapter.