Financial Aid Policy and Procedures

Overview
Federal regulations mandate that institutions have written policies and procedures. This manual is established specifically to govern those processes, which are relevant to this office while maintaining fairness. Our goal will always be to meet the student's need without bias and adhere to the Department of Education. The policies will be emphasized to correct and prohibit problems from arising and the procedures developed will aim to make the financial aid office more efficient.

Below please find information on the Coronavirus Relief Aid, Relief and Security (CARES ACT) for Students (Higher Education Emergency Relief Fund)

Higher Education Emergency Relief Fund

The Coronavirus Aid, Relief, and Economic Security (CARES) Act set aside funds for colleges and universities to provide assistance to students facing financial challenges due to COVID-19 pandemic. Hood Theological Seminary was awarded $31,336 through the CARES ACT. Hood Theological Seminary will disburse $15,668 (50%) of the total award directly to students with a financial need. All students who submitted a FAFSA will receive a disbursement. Information will be sent directly to students.

As a result of the Coronavirus Relief Aid, Relief and Security known as the CARES Act, Hood Theological Seminary Students can apply for financial assistance through the HEERF Program.Grant funds will be able to eligible students who have experienced hardships due to COVID-19.

HEERF Criteria:

Eligible Students:

Students must have completed a 2019-2020. Free Application for Federal Student Aid (FAFSA) and

Enrolled in a program that was not 100% online on March 13, 2020.

Ineligible Students:

Students not enrolled at Hood Theological Seminary as of March 13, 2020.

Non- Degree Students

Covered Expenses HEERF Funds: (but not limited to):

Food, Course Materials, Technology, Health Care, Child Care

Non-Covered Expenses HEERF Funds:

Loss of Wages

Tuition/Student Account Balance

Federal Application for Federal Student Aid (FAFSA) Eligibility

  • Be a citizen or eligible noncitizen of the United States
  • Have a valid Social Security Number
  • Have a high school diploma, GED certificate
  • Be enrolled as a degree seeking student
  • Maintain satisfactory academic progress
  • Not be in default on Federal Student loan
  • Registered with the Selective Service

In order to apply for the HEERF a student must complete the 2019-2020 FAFS.

Disbursement of HEERF Funds:

Approved HEERF Grant fund will be disbursed via direct deposit or Mail Check.Please provide your updated direct deposit information if needed.