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Even with relatively low tuition and other charges, the cost of a college and university education can be a financial burden. The primary purpose of financial aid is to provide financial assistance to Living University students who, without such aid, would be unable to attend the University. The primary responsibility for assuming the cost of a university education lies with students and often their  families. As a church-related institution the University seeks to assist qualified students affiliated with the Living Church of God in meeting educational expenses through its Regents Scholarships.

Regents Scholarships

A Regents Scholarship, which applies to tuition but not fees, consists of a tuition reduction as set forth below. Eligibility requires verification. An individual qualifying for one or more of these benefits may choose the one which is most advantageous to him or her. Withdrawing from a course up to and including the 10% or 25% point of a semester or other term requires full repayment of Regents Scholarship funds. Living University employees are not eligible for a Regents Scholarship but rather qualify for a tuition reduction (see University Employee Tuition Reductions below).

Qualifying Categories

  • Living Church of God elders, deacons and deaconesses, including their spouses and their dependent children under the age 22, an award of 50% of tuition charges for courses taken for credit or audit. Eligibility must be certified in advance of the granting of the scholarship.

  • Living Church of God members contributing to the Living Church of God Assistance Fund as of the close of late registration for the term in which registering, including their spouses and their dependent children under the age 22, an award of 50% of tuition charges for courses taken for credit or audit. Eligibility must be certified in advance of the granting of the scholarship.

  • Full-time regular employees of the Living Church of God, their spouses, and their dependent children under the age 22, an award of 100% of tuition charges for courses taken for credit or audit. In the case of the death of a regular full-time employee this includes the surviving spouse. Temporary employees, such as student workers, do not qualify for this benefit even though they may work full-time for the Church during the summer or during University recess or vacation periods. Eligibility must be certified in advance of the granting of the scholarship.

  • Part-time employees of the Living Church of God, eligible for employee benefits and their spouses, an award of 100% of tuition charges for courses taken for credit or audit. Part-time employees without benefits and temporary employees, such as student workers, do not qualify. Eligibility must be certified in advance of the granting of the scholarship.

Certification

The awarding of Regents Scholarships requires establishing the eligibility of the recipients as follows:

  1. Eligibility of Living Church of God elders, deacons and deaconesses, including their spouses and their dependent children under the age 22, requires written verification by the Ministerial Services unit of the Living Church of God.

  2. Eligibility of Living Church of God employees and their qualifying dependents requires written verification by the headquarters Human Resources Manager for the Living Church of God.

  3. Eligibility based on verification of contributions to the Living Church of God Assistance Fund is obtained directly by the University from the Living Church of God.

Tax Consequences

Regents Scholarships provided to full-time or part-time employees of the Living Church of God, their spouses or dependents, or Living Church of God elders, deacons or deaconesses, their spouses or dependents, are normally taxable compensation and must be reported as income on federal, state and city tax returns.  Living Church of God members receiving a Regents Scholarship by virtue of a contribution to the Living Church of God Assistance Fund should reduce any income tax deduction for the charitable contribution by the amount of the Regents Scholarship.

University Employee Tuition Reductions

The University maintains a Qualified Tuition Reduction Plan for its employees.  Employees seeking to use this tax-free benefit should refer to the procedures set forth in the faculty or staff handbooks. Student workers are normally not eligible for a tuition reduction.

Loans

Living University does not participate in student loan programs.

Institutional Work Study

Through this program the University and its principal sponsor the Living Church of God offer a limited number of part-time student work study positions to help undergraduate students to pay for a portion of their room, board and tuition charges by working on-site.

An eligible applicant must be a full-time, matriculated, undergraduate on-site student. These work study positions require a commitment of 20 hours per week as well as a minimum cumulative GPA of 2.5. The hourly wage for most beginning work study positions is the "minimum wage" rate for the state of North Carolina. Work study supervisors will work with student class schedules. There is no total earnings ceiling per academic year, however, the norm is 20 work hours per week except for vacation and recess periods. There may be, however, only limited student employment opportunities in the summer.

Positions are open regardless of financial need to those who meet the University?s student employment eligibility requirements. Funding for these positions comes directly from the University or the Church budgets and positions are limited in number. This means some students may need to offset their educational expenses using alternate methods.

Students not eligible for Institutional Work Study include those seeking a credential, diploma or degree online; those registered in the Open University Program; those seeking an additional baccalaureate degree at the University; and those extending their baccalaureate degree programs beyond the traditional four years.

Outside Agencies and Resources

Students are encouraged to utilize the Internet when investigating possible financial resources for attending college and university. Some financial aid websites containing information about grants, loans, work programs and scholarships are listed below:

Nondiscriminatory Notice

Living University admits students of any race, color, and national or ethnic origin. It does not unlawfully discriminate on the basis of any status or condition protected by applicable federal or state law in the administration of its educational policies, financial assistance, admission, employment, educational programs or activities.


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