Luxembourg Financial Aid Information

If you are interested in attending the Dolibois European Center in Luxembourg, one of your major concerns could be finding adequate financial resources. We hope the following information on financial assistance and estimated costs will help you plan for your studies abroad.

Any student who receives a Miami University scholarship may apply that resource to the costs of attending the Dolibois European Center. Transient students are not eligible for Dolibois European Center scholarships or campus-based aid. Transfer students should contact the Office of Student Financial Assistance concerning their eligibility for assistance.


Form to submit for consideration:

You must submit the 2009-2010 Free Application for Federal Student Aid (FAFSA) to receive consideration for all federal and state programs. Since the funding for some of these programs is limited, you should submit the FAFSA by the March 15, 2009 priority deadline. The FAFSA is available beginning January 1, 2009.

Grant Programs:

Study Abroad Airfare Grant: Eligible Oxford undergraduate students with financial need may receive a university grant up to $600 for their study abroad airline ticket and could receive the remainder of their ticket price in an interest free university loan. Students must attend full time during either the fall or spring semester in a study abroad program. For more information and the requirements for this grant, see Financial Aid for Study Abroad website.

Federal Pell Grant: Eligibility for the Federal Pell Grant is limited to undergraduate students with a high amount of financial need pursuing their first baccalaureate degree. For 2009-2010, full-time Federal Pell Grant awards ranged from $976 to $5,350 per academic year.

Academic Competitiveness Grant: For the 2009-2010 academic year, this federal grant program awarded up to $750 for the first year of undergraduate study and up to $1,300 for the second year of undergraduate study (both first and second "years" are based on grade level). Students are eligible if they are enrolled at least half time or above, and the grand is prorated accordingly. Students must be a U.S citizen or an eligible non-citizen, receiving a Federal Pell Grant, and who had successfully completed a rigorous high school program, recognized by the Secretary of Education. Second year students must also have maintained a cumulative grade point average (GPA) of at least 3.0. Program criteria for the 2010-2011 academic year will be reviewed on July 1.

National Science and Mathematics Access to Retain Talent (SMART) Grant: For the 2009-2010 academic year, this federal grant program awarded up to $4,000 for each of the third and fourth years of undergraduate study (both third and fourth "years" are based on grade level). Students are eligible if they rae enrolled at least half time or above, and the grant is prorated accordingly. Students must be a U.S. citizen or eligible non-citizen, receiving a Federal Pell Grant, and are enrolled in an eligible field of study. The student must also have maintained a cumulative grade point average (GPA) of at least 3.0. Program criteria for the 2010-2011 academic year will be reviewed on July 1.

Federal Supplemental Educational Opportunity Grant (SEOG):Teacher Education Assistance for College and Higher Education (TEACH) Grant: A federal grant program awarding up to $4,000 per year to students who intend to teach in a high-need field in a public or private elementary or secondary school that serves students from low-income families.

• TEACH Grant requires that a student must agree to serve as a full-time teacher in a high-need field in a public or private elementary or secondary school that serves low-income students. A TEACH Grant recipient must teach for at least four academic years within eight calendar years of completing the program of study for which the TEACH Grant was received. IMPORTANT: If a student fails to complete this teaching obligation, all amounts of the TEACH Grants that were received will be converted to a Federal Direct Unsubsidized Stafford Loan. This loan plus all accrued interest must be repaid to the U.S. Department of Education. Interest will be charged from the date the grant(s) was disbursed.
  
  
• A student must complete a Teach Grant Agreement to Serve and TEACH Entrance Counseling each year to receive a TEACH Grant. For information about the high-need fields and schools serving low-income students, eligibility requirements, grant conditions, and to access the service agreement and the entrance counseling, see Grants.
  This grant is awarded to undergraduate students with high financial need who are eligible for the Federal Pell Grant and filed their FAFSA by Miami's priority deadline. SEOG awards at Miami University generally are $1,000 per academic year.

Federal Supplemental Educational Opportunity Grant (SEOG): This grant is awarded to undergraduate students with high financial need who are eligible for the Federal Pell Grant and filed their FAFSA by Miami's priority deadline. SEOG awards at Miami University generally are $1,000 per academic year.

Ohio College Opportunity Grant (OCOG): Ohio College Opportunity Grant (OCOG) is a state grant for Ohio residents with financial need who are enrolled at the Oxford campus only. The Ohio College Opportunity Grant requires that the Free Application for Federal Student Aid (FAFSA) be submitted by October 1 each year. The OCOG grant will vary depending on need and enrollment status.

Loan Programs:

Federal Perkins Loan: This is a deferred payment, low-interest loan for undergraduate students that is based on financial need. Federal Perkins Loan awards are usually $1,500 per academic year.

Federal Direct Student Loan: The Federal Direct Subsidized Loan is awarded on the basis of financial need. No interest will be charged before repayment begins or in periods of deferment. The Federal Direct Unsubsidized Loan is not awarded on the basis of need. The student is charged interest from the time the loan is disbursed until it is paid in full.

The annual loan borrowing limits are $5,500 for freshmen (only $3,500 may be in subsidized loans), $6,500 for sophomores (only $4,500 may be in subsidized loans), and $7,500 for juniors and seniors (only $5,500 may be in subsidized loans). Depending upon a student’s grade level, eligible independent students may qualify for either $4,000 or $5,000 in additional unsubsidized loan funds.


Federal Direct PLUS Loan: Parents of dependent students may borrow up to the cost of attendance less other financial aid. Loan eligibility will be based upon a satisfactory credit check. If a PLUS loan is denied, the student may be eligible to receive an additional unsubsidized loan for either $4,000 or $5,000 depending upon the student's grade level.

Federal Direct Graduate PLUS Loan: Graduate or professional students may borrow up to the cost of attendance less other financial aid. Loan eligibility will be based upon a satisfactory credit check.

Note: The Federal Perkins, Federal Direct Student, Federal Direct PLUS, and Federal Direct Graduate PLUS loans all require filing the Free Application for Federal Student Aid (FAFSA).

Private Loans:
Private loans are not federally guaranteed and do not require filing the FAFSA. We encourage students exhaust all of their federal student loan (including the Federal PLUS loan) eligibility before considering these loans. We encourage students to apply for a loan with a cosigner, as this may lower the interest rate of the loan since the loan will be based on the cosigner's credit rating. For more informaiton on private loans, please visit www.muohio.edu/loans.

Miami University scholarship program:

Miami University's faculty, staff, and alumni are committed to maintaining high standards of academic excellence. Part of this commitment is carried out through the Miami University scholarship program which is supported by contributions from alumni, staff, parents, and friends of the university. Miami students who demonstrate superior academic achievement and personal qualities for success are encouraged to apply for a scholarship.

Form to submit for consideration:
Students may compete for Miami University scholarships by submitting the 2009-2010 Returning Student Scholarship Application by March 15, 2009. These scholarships will apply to attendance at the Dolibois European Center.

Renewable Scholarships:

Students currently receiving a renewable scholarship may apply that resource to attendance at the Dolibois European Center.

Dolibois European Center Scholarships:

Alumni and friends of the University have generously provided these special funds to assist students attending the Dolibois European Center.

While all Dolibois European Center Scholarships are based on academic merit, many scholarships also have financial need as a requirement. Students must file the FAFSA to be considered for scholarships with financial need. For 2009-2010, an average of $1,500 per semester of attendance was awarded to students who had filed the 2009-2010 FAFSA and demonstrated high financial need. Significantly larger scholarships are also awarded. To be considered for the Kasle and/or Chome Scholarships, please pick up an application at 218 MacMillan Hall. Applications are due on April 15, 2009. The Office of Student Financial Assistance will begin notifying students of these awards prior to July 1, 2009.