Sacred Heart Financial Aid Federal School Code: 002313
The Financial Aid Office of Sacred Heart Major Seminary seeks to provide maximum financial aid from various sources, this includes federal, state, institutional, and grants funded through the Archdiocese of Detroit programs. All students are encouraged to apply for assistance. It is our goal to make it possible for students of all areas of financial capacity to attend by awarding financial assistance in recognition of service in catechetical ministry at parishes in the Archdiocese of Detroit through the Catechetical Leaders tuition assistance grant, and in need based grants through the Parish Empowerment Fund and the Pastoral Ministry Grant. Please review the following aid flyer to see what may fit for you: Aid Flyer. To receive federal, state and institutional aid, you are required to submit your FAFSA annually after January 1st and before March 1st.
For eligibility of Sacred Heart Institutional Grants, Federal or State aid, students are required to complete the Free Application for Federal Student Aid FAFSA, for the academic year 2013-2014.
The FAFSA application requires a Personal Identification Number PIN for the student, if you are a dependent student, a parent must apply for a separate PIN. The PIN's serve as your electronic signatures and allow you to submit your FAFSA online, additionally your PIN is required to use Data Retrieval option. The FAFSA must be submitted for each academic year and can be submitted after January 1st. We advise that you apply by March 1st of every year.
You are required to submit the Sacred Heart financial aid application. The link is located here.
Students receiving federal financial aid must complete at least 60% of each semester to earn that semester's aid. Students who completely withdraw from classes prior to the completion of 60% of the term will have their federal financial aid prorated. A student who completes 10% of the semester will earn just 10% of his federal aid award. For example, a student who has a full term Pell grant of $2,775 who withdraws on the 10th day of a 100 day term will have earned just $277.50 of the grant. Any Pell grant funds over that amount that remain on the student's account must be returned to the federal government. If part of the Pell grant has been returned in a refund to the student, the student would have to repay or make acceptable arrangements to repay 50% of the amount due to be returned to the government within forty-five (45) days. Students who fail to make payments or acceptable payment arrangements will be ineligible for further federal financial aid until such time as they have complied with the federal repayment requirement.
Financial aid will be returned in accordance with federal policy:
- Federal unsubsidized Stafford loans
- Federal subsidized Stafford loans
- Federal Pell grants
- Federal Supplemental Educational Opportunity grants (FSEOG)
Withdrawals and Refunds
Students withdrawing prior to the 60% completion point of the term may find that they owe a significant balance to the institution, as full charges will be assessed, even though there is only partial financial aid eligibility.
Sacred Heart Funds
When a student drops or withdraws in full from classes, Sacred Heart institutional scholarships will be removed from the student account. The award may be reassigned to subsequent term(s) of the same academic year. In the case where the amount of the scholarship exceeds the student account balance, it will be removed from the student account or may be reassigned to subsequent term(s) of the same academic year.
Archdiocese of Detroit Funds
When a student withdraws from a class, funds are adjusted to reflect the withdrawal. See the link at the left for aid options funded by the Archdiocese of Detroit.
Funding is contingent upon availability of grants made by the state to the various Michigan counties. Students must contact the MichiganWorks! office in the county in which they reside. See the MichiganWorks! website for more information, or call (517) 371-1100.
Michigan Rehabilitation Services (MRS)
A person with a disability may be eligible for MRS services if the disability causes problems in preparing for, finding, or keeping a job. Educational assistance services can help with funds toward tuition, fees, books, supplies and transportation. Please contact the central office at: 1-800-605-6722 to locate the MRS office closest to you.
The Tuition Incentive Program (TIP)
TIP is an incentive program that encourages eligible students to complete high school by providing tuition assistance for the first two years of college and beyond. To meet the financial eligibility requirement, a student must have (or have had) Medicaid coverage for 24 months within a 36-consecutive-month period as identified by the Michigan Department of Human Services (DHS). TIP provides assistance in two phases. TIP will pay Phase I benefits only for the Associate of Arts in Ministry (AAM) to those eligible students @ $86 per credit hour, up to 24 credit hours per academic year. In addition, TIP will pay registration fees for the academic year. For the process and more information, see the fact sheet.