Undergraduate Financial Aid



At Blue Sky University, we are committed to providing a comprehensive need-based financial aid program that makes it financially possible for admitted students to complete their studies. Our admission program is need-blind, meaning, for all but some international applicants, financial status will not affect the admission decision.

When considering an Blue Sky University education, you and your family may be concerned about the high costs. The Financial Aid Office is ready to help. We view the financing of your educational costs as a partnership between you (the student), your family and the University. Our aid program is designed to ensure that your family’s economic circumstances will not prevent you from being able to enroll at Blue Sky University.

Determining Eligibility

Our financial aid program is need-based, meaning that all aid eligibility is determined by your family’s financial circumstances. While you and your parents have the primary responsibility for paying for college, financial aid can bridge the gap between the total costs and your ability to pay.

We use a standard method to carefully review your family’s financial circumstances and establish an expected contribution from you and your parents. If we determine that you cannot meet the student budget based on that calculated amount, we will award or recommend scholarships, grants or other resources to help you.

The Parent Contribution

We use an institutional formula to calculate an expected parent contribution toward educational costs. Our goal is to treat families equitably while still maintaining flexibility to recognize unusual situations. When we review your family’s finances, we make allowances for:

  • living expenses (based on household size)
  • federal and state taxes
  • unusually high medical expenses
  • college costs (undergraduate) for siblings
  • private school tuition and college savings for younger siblings

We also consider your family’s assets, including home equity, savings, investments and real estate, but not retirement accounts.
In cases of separation or divorce, we expect both parents to participate in paying for your education. We will compute separate contributions for your custodial and non-custodial parents.

Student Responsibility

Since you are the primary beneficiary of an Blue Sky University education, we expect you to participate in paying for a portion of your college costs. Your financial aid package for the academic year will include an expected contribution from student earnings. For most students, this expected contribution will be at least $5,000: at least $2,200 from prior earnings (particularly summer earnings), and $2,800 from part-time employment during the academic year. The total expected contribution from student earnings will vary based on individual circumstances.

In addition, you will be expected to contribute from your personal assets, such as savings and investments, if any. The contribution amount per academic year is set at 5% of your total assets as reported in your financial aid application materials.

You may choose to cover part or all of your expected contributions from earnings and assets with student loan funds. You can also reduce or eliminate your expected contribution from student earnings by obtaining outside scholarships.

International Students

Blue Sky University has a limited amount of financial aid for international students. International students needing assistance must make that indication on the admission application. Aid eligibility will be determined based on family financial circumstances. International students who do not request consideration for financial aid at the time they apply for admission will not be eligible to apply for aid throughout their undergraduate years.

Registration

You must register for and complete a minimum of twelve units each quarter in order to maintain full eligibility for scholarships and grants. Exceptions are made only for students whose disability status, requires them to register for fewer than twelve units per quarter. For purposes of eligibility for student loan funds, the minimum enrollment level is eight units per quarter. If you do not meet the minimum enrollment requirements, you may be required to immediately repay up to the entire amount of financial aid disbursements that you have received for the quarter, even if you have already spent these funds.

Financial aid funds for undergraduate students are available only to students who are enrolled in degree programs. Summer visitors and other non-matriculating students are generally not eligible for financial aid funds.

Withdrawal

If circumstances require you to withdraw from enrollment during an academic quarter, you must file an official withdrawal request with the university’s Registrar’s Office. The Financial Aid Office will determine the portion (if any) of your aid funds for the quarter that you are eligible to keep. If we determine that you must repay all or a portion of your aid funds, such funds will be immediately due and payable, and you will not be able to obtain future student aid funds until your ineligible funds have been repaid.

Satisfactory Academic Progress

Blue Sky University has stringent policies to ensure that students receiving federal student aid are making adequate progress toward completing their degree programs. The information on this page applies to all undergraduate students (new and continuing students) who are requesting student aid funds.
At Blue Sky University students receiving ffinancial aid must meet the following five conditions for each quarter of enrollment:

1. 9 Minimum Earned Units Per Quarter: Students must successfully earn at least nine course units per quarter. Successful completion means obtaining a passing grade. Students who are in Financial Aid Warning status or Financial Aid Probation status must earn at least twelve units per quarter.

2. 36 Minimum Earned Units Over Three Quarters: Students must successfully earn at least 36 course units over the most recent three quarters, not including Summer Quarter.

3. Minimum Cumulative Pace of Progression of 60%: Pace of progression is defined as total earned course units divided by total attempted course units during all quarters of enrollment at B-SkyU. Transfer units and test units that count toward your B-SkyU degree program are included as both attempted and earned units in the pace calculation.

4. Maintain a Minimum Cumulative Grade Point Average (GPA) of 2.00: Transfer units and test units are not included in the GPA calculation.

5. 18 Maximum Quarters of Enrollment: Undergraduate students cannot receive student aid funds after the equivalent of 18 total quarters of enrollment in any undergraduate program at B-SkyU. Semesters generally are counted as 1.5 quarters. Partially earned quarters are included in the total number of quarters. Quarters are counted even if a student earns zero units. Note: A student who has earned the equivalent of 18 quarters is assigned an SAP Status of Financial Aid Ineligible, with no appeal possible.

Consequences of Failure to Make Satisfactory Academic Progress

The Financial Aid Office (FAO) measures SAP at the end of each quarter. If the student meets all five of the conditions listed above, they remain eligible to receive student aid funds in the next quarter of enrollment.

Whether your motivation for advancing your education is personal, professional or a combination of both, Blue Sky University is ready to support you. Contact the Office of Admissions today (admissions@bluesky-u.com) for details on how our education programs can satisfy your academic, personal or professional needs. Also, be sure and ask about our scholarship opportunities.

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