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Board of Regents Policy 6.204 Board of Regents Policy 6.204



Title

Student Financial Assistance

Header

Regents Policy Chapter 6, Tuition, Financial Assistance, and Fees
Regents Policy RP 6.204, Student Financial Assistance
Effective Date:  June 16, 2006
Prior Dates Amended:  Nov. 16, 2006; Oct. 31, 2014 (recodified)
Review Date:  August 2018

I. Purpose

To set forth policy regarding student financial assistance programs and authorizations.

II. Definitions

No policy specific or unique definitions apply.

III. Board of Regents Policy

    A. Pursuant to Section 304A-501, HRS, the board is authorized to grant, modify or suspend scholarships and assistance. Pursuant to Section 304A-502, HRS, the board is also authorized to grant, modify, or suspend tuition waivers.

    B. Purpose: The Financial Assistance Program is intended to:

        1. Support equal access by Hawai‘i residents to university programs by making institutional aid available to students with demonstrated financial need;

        2. Promote the achievement of high quality educational programs by attracting and retaining academically superior students to our campuses; and

        3. Foster the development and maintenance of a highly diversified and stimulating campus environment.

    C. Policy Considerations: The board delegates to the president or the president’s designee(s) the authority to make decisions relating to the following policy considerations regarding tuition assistance and promulgates these guidelines as executive policy.

        1. The appropriate share of tuition revenues that should be devoted to financial assistance.

        2. The appropriate share of financial assistance for need based and non-need based awards.

        3. The appropriate share of financial assistance earmarked for Hawai‘i residents.

        4. The appropriate share of financial assistance earmarked for undergraduates.

        5. The extent to which shares should vary by campus, based on mission and programs.

    D. Program Administration:

        1. Grants and scholarships will be funded through the tuition revenues generated by each campus.

        2. Students will receive a grant or scholarship of a specific dollar amount.

        3. Further guidelines for implementation, including types of grants and scholarships, with the exception of the Regents and Presidential Scholarship Program, are included in executive policy.

    E. Regents and Presidential Scholars Program

        1. Regents Scholars will be selected as incoming freshmen students at any campus of the university on the basis of outstanding academic accomplishment and additional evidence of merit or creative achievement, co-curricular or community service, and leadership.

            a. Twenty full scholarships shall be awarded for full-time study leading to an approved degree; renewable for up to four years upon maintenance of eligibility.

            b. Students may elect to enroll at any campus of the university.

            c. Applications will be solicited from among such groups as valedictorians and salutatorians of all Hawai‘i schools, National Merit Scholarship finalists, semi-finalists and commended students in the upper 5th percentile of their class.

            d. The scholarship shall consist of:

                1. A stipend annually, plus a scholarship in the amount of tuition, renewable upon maintenance of a full-time status and 3.0 current or cumulative grade point average (GPA), in the first two years and 3.5 or higher in the junior and senior years. The president shall determine the amount of the stipend in consultation with the board.

                2. An academic travel grant that may be used by qualified scholars at any time before graduation for study programs designed to enhance the educational objectives of the scholar. The president shall determine the amount of the stipend in consultation with the board.

        2. Presidential Scholars will be selected as incoming juniors, enrolled in or transferring to any baccalaureate campus of the university on the basis of scholarly or creative achievements in prior college study and a record of merit or creative achievement, co-curricular or community service, and leadership.

            a. These scholars may not have met the criteria for Regents’ Scholarships as freshmen or may have changed the direction of their studies over two years.

            b. Ten full scholarships shall be awarded to juniors with outstanding achievement in scholarship or creative endeavor accepted into a major program toward a baccalaureate degree at any campus of the university.

            c. These awards are renewable for the senior year upon maintenance of eligibility.

            d. The scholarship shall consist of:

                1. A stipend for the junior year, plus a scholarship in the amount of tuition, renewable for the senior year upon maintenance of full-time status and a current or cumulative GPA of 3.7. The president shall determine the amount of the stipend in consultation with the board.

                2. An academic travel grant that may be used by qualified scholars at any time before graduation for study programs designed to enhance the educational objectives of the scholar. The president shall determine the amount of the stipend in consultation with the board.

        3. Regents and Presidential Scholars must be bona fide residents of Hawai‘i and affirmative recruitment will be undertaken to achieve statewide distribution of scholarships.

        4. The president or president’s designee shall establish all necessary procedures for selection of recipients and administration of the Regents and Presidential Scholars Program, in accordance with policies established by the board, and shall provide an annual report to the board on demographics, educational, and pertinent information of the scholarship recipients and any changes to the operation of the program.

IV. Delegation of Authority

The board delegates to the president or the president’s designee(s) the authority to make decisions regarding tuition assistance and promulgates these guidelines as executive policy. See RP 6.204(C).

V. Contact Information

Office of the Vice President for Academic Affairs, 956-7075, risad@hawaii.edu

VI. References


VII. Exhibits and Appendices

No Exhibits and Appendices found

Approved

    Approved as to Form:    
    Cynthia Quinn    
    October 31, 2014    
    Date    
    Executive Administrator and Secretary of the Board of Regents

Topics

No Topics found.


Attachments

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