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Student Expenses
Estimated student expenses for the
2005-06 academic year, consisting of three academic terms, are as
follows:
*TUITION
2006-2007..............................................
$28,530 ($9,510 per term)
In addition to the above expenses, books
and supplies will cost approximately $1,200 for the academic
year. These items may be purchased in the campus bookstore, a
non-profit service operated for the benefit of students. All
off-campus students pay a fee of approximately $100 per course
to cover textbook and supply costs. Also, students may elect to participate in the
Student Accident and Health Insurance Program.
*Tuition and fees are the best
available estimates at the time of posting. These are subject to
change.
Summer
Fees
Students
doing work during the summer which requires any effort on
the part of a faculty member shall register for the appropriate
number of course and/or research credits and be assessed
the usual registration fee and/or tuition at an hourly or
quarterly rate.
Continuing
Enrollment Fee
A student
must be a registered student during the term in which they
take their final examination, submit a thesis/research
report, and/or complete all degree requirements. Any student
who has completed his or her thesis research credit hours
and is not required to register for any additional course
credit must register for GRAD 504 (Graduate Seminar IV).
Registration for GRAD 504 will permit a student to take the
final examination or defend a thesis, submit a
thesis/research report, and receive a degree. A student who
has not been continuously registered during their program
must request and receive, in writing, approval of the
advisory chair and the Associate Dean of the Faculty in
order to register. The fee is $ 100 per quarter.
Financial
Assistance
In
general, Rose-Hulman has three types of financial aid available
to graduate students:
Assistantships: Graduate
Assistantships ($ 2,600/quarter); awarded by the President
upon recommendation of the Graduate Studies Committee, and
Research Assistantships, awarded by the faculty director of
the associated research project.
Please note:
The assistantships
are for an entire quarter and, as such, you should not
request an assistance if you will not be available for work
during the entire quarter.
Tuition Grants: Awarded by the
President upon the recommendation of the Graduate Studies
Committee which cover tuition up to 18 credit hours per
term.
Note: All financial aid is
forfeited by a student changing programs. The student must
reapply for financial aid from the remaining resources.
Loans: Administered by the office
of the Dean of Student Life.
In addition to the above,
two-year Army Reserve Officers' Training Corps (ROTC)
scholarships are available for students who wish to earn an
Army officer's commission while pursuing a graduate degree.
These valuable scholarships provide money toward tuition,
books, and living expenses. Programs are available to assist
students with prior military service or those with no
military experience. Students should contact the Department
of Military Science for scholarship requirements.
Assistantships for the
academic year normally include the stipend and a full
tuition grant. Payment of the stipend is in installments
beginning at the start of the quarter.
In awarding
financial aid, preferences will be given to students who do
not have any outside support.
A. Work Requirements
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A graduate assistant is expected to
perform duties as assigned by the department concerned.
These typically require 12 to 15 hours of service per week.
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Graduate academic work,
together with an assistantship, requires a full-time effort.
While eight quarter credit hours is the minimum graduate full load,
12 credit hours per quarter constitutes a normal load for a
graduate assistant. Students receiving graduate
assistantships should not accept additional outside
employment. Additionally, approval from the advisory
committee chair and the Associate Dean of the Faculty is
required for any loads above 16 credit hours.
B. Review of Graduate
Financial Aid Requests
Continuation of an assistantship and/or tuition grant
depends on the satisfactory performance of the duties
assigned and on a graduate student's academic progress. The
Rose-Hulman academic year is divided into three quarters.
The performance of each student is evaluated at the end of
each quarter. Financial aid (assistantship and/or tuition
grant) is normally granted for the entire academic year for
first year students and on a per quarter basis otherwise. To
request an extension of financial aid, or to request
consideration for financial aid, a student must submit the
Financial Aid Request Form [(Word)
(pdf)].
A
request for financial aid, or an extension of financial aid,
together with all supporting documentation and letters of
support, must be received by the Associate Dean of the
Faculty by the first Friday of the quarter. The Graduate
Studies Committee will review and decide on each request for
additional assistance by the end of the seventh week of the
quarter. The Associate Dean of the Faculty will inform each
student in writing of the Committee's decision.
If a student is not on academic probation, is making
satisfactory progress toward the completion of a thesis or
required project, and is performing the duties assigned, a
request for extension of a graduate assistantship is
normally granted through the fourth quarter of graduate
study, depending upon the number of requests received. A
graduate student should not expect the continuation of a
graduate assistantship beyond the fourth quarter of study,
even if the student has not held the assistantship for all
four quarters. Tuition grants may, at the discretion of the
Graduate Studies Committee, be continued for a longer period
but should not be expected beyond the fifth quarter of
study.
A
student desiring any change in his or her financial aid
status must follow the timing and procedure described above
in the quarter preceding the one for which the change is
desired. This process applies to students changing from
probationary to regular student status as well.
STUDENT
REFUNDS AND RETURN OF FINANCIAL AID FUNDS
I. Institutional Charges
Any student who voluntarily withdraws from the Institute
prior to the end of the 6th week of enrollment is entitled
to a pro-rata refund of charges (tuition, room, board)
billed for that term. Technology fees, student activity
fees, residence hall association fees, and insurance
premiums are not refundable. Students withdrawing during the
first week of the term will receive 100% of the refundable
charges. Students withdrawing after the first week will be
refunded as listed below.
An administration fee of $100
for the withdrawal from the Institute and any unbilled
balances associated with the laptop computer will be added
to the student’s account. Following the refund calculation,
the student is responsible for payment of any unpaid charges
to the Institute or any unearned financial aid within 30
days of their departure.
II.
Return of Title IV Funds
Rose-Hulman
is required to return a pro-rata share of any unearned Federal
Title IV funds to the Department of Education. Federal Title
IV financial aid includes Federal Direct Stafford Loans,
Federal Direct PLUS Loans, Federal Perkins Loans, Federal
Supplemental Educational Opportunity Grant (SEOG) and the
Federal Pell Grant. The amount returned is based on the
percentage of enrollment completed and is calculated by
dividing the number of calendar days completed by the total
number of calendar days in the quarter. If this percentage
is greater than 60 percent, no Title IV funds will be returned
to the Department of Education and the student will retain
100 percent of this aid to offset expenses. If the percentage
is less than 60 percent, the unearned portion (100 percent
minus the calculated percentage) will be returned to the
Department of Education. The amount returned will show up
as a charge on the student's account. These funds will be
returned in the following order as prescribed by federal
regulations:
Federal Direct Stafford Loans (Unsubsidized)
Federal Direct Stafford Loans (Subsidized)
Federal Perkins Loan
Federal Direct Parent Loans for Undergraduate Students (PLUS)
Federal Pell Grants
Federal Supplemental Educational Opportunity Grants (SEOG)
Any other Title IV funds
III. Return of Institutional and Other Financial Aid
All other forms of financial aid will be returned in a manner
consistent with Federal Title IV regulations. The amount
returned will be based on the percentage of enrollment completed
and will be calculated by dividing the number of calendar
days completed by the number of calendar days in the quarter.
If this percentage is greater than 60 percent, no financial
aid will be returned and the student will retain 100 percent
of this aid to offset expenses. If the percentage is less
than 60 percent, the unearned portion (100 percent minus
the calculated percentage) will be returned to each appropriate
source of funding. The amount returned will show up as a
charge on the student's account.
IV. Change to Part-time Status During a Term
When a student withdraws from a course but continues as
a part-time student (fewer than 8 quarter hours), the tuition
refund shall be the difference between the initial billing
and the revised billing multiplied by the unearned portion
of the quarter. This percentage will be calculated by dividing
the number of calendar days completed by the number of calendar
days in the quarter and subtracting this number from 100
percent. If the calculated percentage is greater than 60
percent, the student will not be entitled to a reduction
in tuition. Students who drop below half-time during this
refund period will have all financial aid removed with the
exception of the Federal Pell Grant. If a student continues
to be enrolled for at least six credit hours and is eligible,
the student may retain a portion of the Federal Supplemental
Educational Opportunity Grant, Federal Direct Stafford Loan,
Federal Direct Parent Loan for Undergraduate Students, State
funds and RHIT institutional funds.
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