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FINANCIAL AID POLICIES AND PROCEDURES Reviewed and revised: January 201602015 2016Table of Contents Introduction ......................................................................................................................................
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The philosophy of student financial is a set of beliefs and principles regarding the management and allocation of funds for educational purposes.
Educational institutions or organizations that receive federal funds for student financial aid are required to file a philosophy of student financial.
The philosophy of student financial can be filled out online or on paper, following the specific guidelines provided by the U.S. Department of Education.
The purpose of the philosophy of student financial is to ensure transparency and accountability in the financial aid process, and to demonstrate a commitment to providing access to education for all students.
The philosophy of student financial must include information on how a school determines student financial need, distributes financial aid, and evaluates the effectiveness of their financial aid programs.
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