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    Pepperdine University
   
 
  Aug 22, 2017
 
 
    
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2014-2015 Graziadio Academic Catalog [ARCHIVED CATALOG]

Financial Aid


Pepperdine University participates in a variety of federal and state aid programs that are available to admitted Graziadio School students who are U.S. citizens, permanent residents, or other eligible non-citizens. To obtain financial aid funding and to retain financial aid eligibility, most government programs require students to be at least half time (half time enrollment for undergraduate students is 6 units; half time enrollment for graduate students is 3 units for full term enrollment or 2 units for enrollment which spans a seven week session).

Financial aid recipients must maintain satisfactory academic progress (SAP) by

  • Meeting the minimum grade point average required by the program.
  • Completing all degree requirements within 150 percent of the maximum time frame described in the Academic Catalog and measured in attempted credit hours. (Examples: A minimum of 120 units is required for the BSM program. The maximum time frame for students in this program is 180 attempted credit hours. A minimum of 52 units is required for the Fully Employed MBA Program. The maximum time frame for this program is 78 attempted credit hours.)
  • Successfully completing at least 67 percent of the attempted cumulative units.

Academic progress is evaluated at the end of each trimester. Failure to meet any of the SAP requirements results in placement on financial aid warning status for the following trimester. Students who do not meet all SAP standards at the end of the financial aid warning period lose their eligibility to receive financial aid for the future trimesters. To regain financial aid eligibility, students must submit a written appeal \ to the Executive Director of Admission and Student Financial Services. If the appeal is granted, students are placed on financial aid probation and have one trimester to satisfy the probation requirements. Financial aid is terminated for students who fail to satisfy the probation requirement.

Students who wish to repeat a course or courses completed with a passing grade can use federal aid for only one repeat of each course. The repeated course(s) will be included in the calculation of attempted units.

Undergraduate students may qualify for the Federal Pell Grant, the Federal Supplemental Educational Opportunity Grant (SEOG), the Federal Direct Stafford Loan (subsidized or unsubsidized), the Federal Perkins Loan, or the California Grant A and B (available only to California residents).

Graduate students are eligible to receive the Federal Direct Stafford and Federal Direct Graduate PLUS loans.

Federal Direct Stafford loans are federally guaranteed, noncredit-based loans. Through a combination of Subsidized Stafford and Unsubsidized Stafford loans, BSM students may borrow up to $12,500 for each two-trimester period and graduate students up to $20,500 each three-trimester period. The Federal Direct Graduate PLUS loan is credit-based. This loan has no aggregate limit and is available to graduate students only. The annual amount of the Direct Graduate PLUS loan cannot exceed the difference between the annual cost of attendance and other financial aid. The total amount of all annual education-related aid cannot exceed the total cost of attendance.

To apply for federal and state financial aid programs, students must complete a Free Application for Federal Student Aid (FAFSA) form. Applications are reviewed throughout the year; however, during peak periods, students should allow a few weeks for application processing.

All students considering student loans are required to complete online loan entrance counseling prior to receiving any loan funds. All financial aid funds are sent directly to Pepperdine and are applied to student accounts upon verification of enrollment at the end of the add/drop period. Student loan funds are distributed in two or three disbursements and are received via Electronic Funds Transfer (EFT).

In addition, a variety of private credit-based education loans are available to students who are not eligible to receive federal loans or who want to supplement federal loans. Further details regarding all financial aid programs, student eligibility, the financial aid application process, cost of attendance, satisfactory academic progress requirements, and the appeal process are included in the “Financial Aid Application Guide” which is available online at bschool.pepperdine.edu/financialaid.

Financial aid from federal, state, and institutional resources should be considered as a supplement to personal resources and not as a primary means for paying educational expenses. Pepperdine University does not unlawfully discriminate on the basis of any status or condition protected by applicable federal or state law in administration of its financial aid.

The Graziadio School offers a number of special scholarships for students meeting specific scholarship criteria. These awards are made available by gifts from University supporters and alumni as well as from endowed funds. Awards are made annually according to established criteria. The amounts may vary based on funds availability. A partial list follows:

Associated Women for Pepperdine Scholarship-This scholarship is designated for active members of the Church of Christ attending the Graziadio School. The Associated Women for Pepperdine is a group of Church of Christ women that annually raises funds to support praiseworthy students meeting the established criteria.

Thomas E. Burnett, Jr., Memorial Scholarship-This memorial scholarship was established in honor of Thomas E. Burnett, Jr., a 1995 graduate of the Graziadio School’s Presidents and Key Executives MBA degree program, who passed away on September 11, 2001, on United Flight 93. It is designated for Graziadio School students who have demonstrated leadership skills.

Linda M. Gage AWP Endowed Scholarship-Established to honor the memory of Pepperdine Regent Linda M. Gage, this memorial scholarship is designated for active members of the Church of Christ who attend Pepperdine schools and who have demonstrated financial need.

Reva Graziadio Endowed Scholarship-Established by Reva Graziadio, the funds are designated for incoming full-time Graziadio School MBA students who have proven themselves as leaders and are active community members.

John Nicks Memorial Scholarship-Established to honor the memory of administrator and long-time Pepperdine professor John D. Nicks, Jr., funds are designated for Graziadio School students who show their past and future commitment to serving others and have demonstrated financial need.

Raymond Q. and Elizabeth Rieley Armington Endowed Scholarship- This scholarship was established to honor and acknowledge Raymond and Elizabeth Armington’s support of Pepperdine University. The scholarship was designed to help Graziadio School undergraduate students with financial need.

J. McDonald and Judy Williams Scholarship-Established by J. McDonald and Judy Williams, the funds are designated for active members of the Church of Christ attending the Graziadio School. Please contact the Financial Aid Office for questions regarding these or any other scholarships that might be available.

General assistance or additional information on the application process or eligibility requirements may be obtained by writing or calling
Financial Aid Office
The Graziadio School of Business and Management
Pepperdine University
6100 Center Drive
Los Angeles, California 90045
(310) 568-5530
(310) 568-2364 (Fax)
E-mail: gsbmfinancialaid@pepperdine.edu
Financial aid information also is available on the Internet at
bschool.pepperdine.edu/financialaid.

Pursuant to state law, a student’s state financial aid may be suspended if a student is found to have engaged in certain acts of wrongdoing as defined in Sections 69810-12 of the California Education Code. Such wrongdoing includes being arrested and convicted of a public offense arising from disruptive acts on Pepperdine campuses or University-controlled property, willfully and knowingly disrupting the orderly operation of any of the campuses even if not arrested and convicted, and being suspended for disrupting the orderly operation of such campuses.