Tuition & Financial Aid

The Financial Aid Office is responsible for the administration and management of financial aid services that include the advisement and counsel of students and parents about available financial assistance, and provides students with relevant information, as required by sponsors’ guidelines and TU financial aid regulations.

Types of Scholarship(s)

  • Merit-based- aid is a form of college financial aid that does not consider a student's financial need, but rather is awarded based on an outstanding academic performance, leadership and or have been admitted to a particular academic discipline

    Financial Aid- Financial aid is any college funding that doesn't come from family or personal savings or earnings. It can take the form of grants, scholarships, work-study.

    Need-based- scholarships and grants are exactly what their title indicates: money for students with a financial need and no academic performance is attached before been awarded

    Land Grants- scholarship awarded to recommended and selected individuals from their local authorities base on an agreement through an Memorandum of Understanding (MOU) between two institutions for the sole purpose of providing higher education for her citizens from the selected communities

Financial Aid Applications and the Screening Processes

  • First Time Applicants

    Step 1

    All newly admitted students must present admission letter to Financial Aid Office either by email or hand delivery to obtain Financial Aid or scholarship form;

    All returning (old) students submit grade sheets to the Financial Aid Office two weeks before registration to apply for financial aid or scholarship;

    Selection for retuning students is done based on grade points (from the highest GPA downward, 4.00, 3.9, 3.8, 3.7. . .);

    The Financial Aid Office liaises with the Offices of the registrar, and Admissions & Records to verify information (GPAs, counties of origin …) contained in financial aid applications;

    Step 2

    Priority consideration for aid is given to students whose files are completed by deadline of each award year;

    Financial Aid Office personnel reviews each application to ensure that all relevant data are provided (e.g. Name, DOB, Residence (City and County), etc.;

    The number of qualified candidates to be selected is based on available funds.

    Step 3

    Award letters are issued to students to enable them register;

    Step 4

    After completion of registration, copies of recent grade sheet and present control are submitted to the Financial Aid Office for onward submission to donors;

    Step 5

    Donors who select their own beneficiaries’ lists are required to be in compliance with the University’s scholarship minimum standards (2.5 minimum GPA, at least 12 credits hours, recipient must not be on disciplinary probation of any kind, etc.)

NOTE: NO STUDENT IS ALLOWED TO BENEFIT MORE THAN ONE SCHOLARSHIP/FINANCIAL AID OFFER DURING A SEMESTER.

Falsification of Scholarship Documents

  • In an effort to promote scholarly spirit and set the stage for research on the campuses of Tubman University, any student allegedly falsifying official transcript and or any other official documents as a way of seeking financial support, shall be forwarded to the Student Judicial Affairs Committee for investigation, if found liable shall NOT benefit any scholarships throughout his/her sojourn at the University.

PROCESSING OF BILLS

  • The DIRECTOR, FINANCIAL AID generates the INITIAL BILLING LIST based on grade sheets submitted by students (potential beneficiaries) in line with the respective eligibility criteria of each scholarship/financial aid;

    The DIRECTOR, FINANCIAL AID VERIFIES the billing list by requesting from the OFFICE OF THE REGISTRAR, the NAMES and GPAs of all students (potential beneficiaries) who have met the eligibility criteria for each financial aid/scholarship;

    Once VERIFIED by the OFFICE OF THE REGISTRAR, the DIRECTOR, FINANCIAL AID develops the FINAL BILLING LIST for submission to the respective SCHOLARSHIP DONORS. When the list is being submitted, the OFFICES OF INTERNAL AUDIT, FINANCE AND BUDGET, CHAIR OF TU SCHOLARSHIP COMMITTEE and VPSA shall always be copied;

    Semester report which includes a cover letter with an excel spread sheet along with copies of student billing sheet and grade sheet are prepared two weeks after ADD and DROP period for submission to donors;

    The final billing list, a cover letter, and all supporting documents (copies of student billing invoices with students’ identification cards copied at the back, and grade sheets are submitted to the respective sponsors both electronically and in hard copies. Follow-up is made to ensure donors acknowledge receipt of report;

    Constant follow up is made until all bills and/or arrears are paid.

Payments

  • ALL CHECKS and/or CASH payable to the University by a Scholarship Donor SHALL be deposited in the below UNIVERSITY’S SCHOLARSHIP ACCOUNT. When this is done, the DEPARTMENTS OF FINANCIAL AID AND FINANCE AND BUDGET shall be notified;

    USD Scholarship Account #: 0141014700080504/6100530832

    LRD Tuition Account #: 0140014700080502

    Swift Code for oversea wire funds: ECOCLRLM

Once VERIFIED by the DEPARTMENT OF FINANCE AND BUDGET that check(s) and/or cash are in receipt in the University’s Scholarship Account.