Historically black Knoxville College Debt-free Policy

<p>I received this email from a person from the Urban League. </p>

<p>Subject: Historically black Knoxville College Debt-free Policy</p>

<p>Historically black Knoxville College, in east Tennessee, has reduced its tuition from $5,000 to $1,400 per student including room, board, and books!</p>

<p>All you need is $600 for the enrollment deposit and $800 can be paid in four monthly installments of $200 each.</p>

<p>The program is funded by corporate sponsors and guarantees a college education where students graduate debt free.</p>

<p>Enrollment requirements include a high school diploma and a 2.0/4.0 scale. If your student has below a 2.0, but you know they are college material, they may be considered provided they get three letters of recommendation.</p>

<p>For educators who will support their potential, all interested students must immediately contact the admissions office at
Knoxville College by dialing 1-800-743-5669 or by applying on line at: </p>

<p><a href="http://www.knoxvillecollege.edu%5B/url%5D"&gt;www.knoxvillecollege.edu&lt;/a&gt;&lt;/p>

<p>I also received that email through a listserv I'm on. One of the members responded saying that yes, while it is true, prospective applicants need to be <em>really</em> careful in taking Knoxville up on the offer because there are other issues and/or stipulations that one may not be aware of. It's been so long since I received that email I no longer remember what the issues are but will try to get that info again and will post it here if I do. Any potential applicant should ask a lot of questions and read the fine print, for sure.</p>

<p>if you can get the "fine print" information that would be great - I have several people I would like to tell about this program but want to make sure I know all about it so I can carefully explain it to the parents. Thanks for the heads up!</p>

<p>Debt-free Policy</p>

<p>Knoxville College is committed to providing a quality education without the accumulation of student debts. Through participation in the Knoxville College Work Program and other College subsidies, students can graduate from the College debt-free. Specific details of the policy are described below. </p>

<p>Payment Plan
Resident Commuter </p>

<p>Tuition and Campus expenses 3,196 Tuition and Campus expenses 3,196
Room and Board expenses
1,795<br>
Total Amount Due 4,991
Total Amount Due 3,196 </p>

<p>Student Pays 1,400 Student Pays 1,300
Work Program 1,040<br>
Work Program 1,040
College subsidies 2,551 College subsidies 756
Total 4,991 Total 3,196 </p>

<p>Balance due 0 Balance due 0 </p>

<p>Knoxville College reserves the right to adjust charges as necessary to meet costs.</p>

<p>Commuting students and other students permitted to live off campus pay tuition and general fees and any special fees (see below) related to their course enrollments. To reserve their room, resident students are required to pay a non-refundable $50 room reservation fee, a $25 key deposit, and a $100 residence hall damage fee. </p>

<p>Charges to students are based on campus residency for an academic year. Adjustments to these charges are made for commuter students, married students, special students, and students entering or completing degree requirements at mid-year, enrolling for additional study, or registering for only one term. Students who begin a term as residents but who move off campus during the term are charged for room and board for the entire term. In making the initial payment of $50 the student and his/her parent or guardian acknowledge these terms and signify acceptance of these obligations.</p>

<p>No promise or contract that differs from these terms shall bind the College unless it has been approved by the President of Knoxville College. The College reserves the right to increase or reduce fees each year according to changing fiscal conditions.</p>

<p>Full payment of tuition and other fee charges entitles the student to a non-transferable identification card admitting him or her to all regular athletic events, artist series, drama productions, and musical recitals and concerts, and allows use of the library, student center, and other facilities.</p>

<p>Special Fees. Some courses which require extensive use of equipment and materials or which require the employment of special faculty for individualized instruction may carry additional fee assessments. Additional fees may also be charged for special circumstances such as late registration, student teaching, duplicate ID cards, etc.</p>

<p>These fees will be assessed at registration or when due. Special fees include, bur are not limited to, the following:</p>

<p>Application for Admission (New Students only) $ 15
Part-time Students $225 per credit hour
Overload Fee $225 per each credit hour in excess of 18
<em>Room Reservation Fee (Non-refundable) $ 50
*Key Deposit (Refundable) $ 25
*Residence Hall Damage Deposit (Refundable) $100<br>
Residence Hall Key Replacement $ 25
Door Lock Change $ 75
Auditing Course Fee
$ 25
Late Registration Fee $ 25
Duplicate Identification Card $ 15
*</em>Parking Permit Registration (per calendar year) $ 5
Lab Fees (Science, Computers) $ 15 - 50 </p>

<p>Graduation Fee (Seniors only) $ 25
Senior Comprehensive $ 25 </p>

<ul>
<li>First Time Residents Only
** Freshmen not eligible<br></li>
</ul>

<p>Knoxville College reserves the right to adjust tuition, fees, room and board, and other charges at any time.</p>

<p>Withdrawal from the College and Pro-Rata Refund Policy. A student who leaves the College (except for temporary absences with permission) must have an exit interview and secure a withdrawal permit from the Registrar. The permit must then be signed by the officers listed on the form and returned to the Registrar. Failure to follow this procedure may result in the loss of the right to honorable dismissal, permission to reenter the College and any refund otherwise due. See " Academic Regulations " section below for details. After a withdrawal permit has been filed and approved, the following refund schedule is enforced: </p>

<p>Date of Official Withdrawal or Dismissal Percentage of Expenses Credited (Less Administrative Cost*) </p>

<p>Before 1st class meets 100<br>
During 1st week of classes 90<br>
During 2nd week 80<br>
During 3rd week 80<br>
During 4th week 70
During 5th week 60
During 6th week 60
During 7th week 50
During 8th week 50
During 9th week 40
After 9th week of classes 0 </p>

<p>The Refund Schedule for the Alternative Programs will be as follows: </p>

<p>Date of Official Withdrawal or Dismissal Percentage of Expenses Credited (Less Administrative Cost*) </p>

<p>Before 1st class meets 100<br>
During 1st week of classes 90<br>
During 2nd week 80<br>
During 3rd week 70<br>
During 4th week 60
During 5th week 50
During 6th week 40
After 6th week of classes 0 </p>

<p>*Administrative cost is 5% of expenses, up to $100 </p>

<p>Additional Policies. If a student's account becomes delinquent, the student may be subject to suspension from the College until the bill is paid in full. No diploma or transcript will be granted to a student until all bills are paid in full.</p>

<p>All students occupying rooms on campus are expected to take their meals in the dining hall. Special arrangements can be made for students with special dietary needs. Charges for room and board do not include Christmas and Spring recess holidays. Fees and room and board charges for summer sessions will be announced. </p>

<p>FINANCIAL AID
Financial assistance at Knoxville College is provided from institutional grants, scholarships, and from the Work Program. </p>

<p>Eligibility Requirements. To qualify for financial aid, students with need must fulfill the following requirements:</p>

<p>Have a high school diploma or GED;
Be enrolled as a regular student in an eligible program of study;
Be enrolled at least half time;
Be a U.S. citizen or eligible non-citizen;
Make satisfactory academic progress;
Have a valid Social Security number;
Sign a Statement of Updated Information;
Register with selective service (males from age 18 through 25);
Submit a copy of the student’s U.S. Income Tax return;
Submit a copy of the parents’ tax return;
Submit a copy of the spouse’s tax return, if married and the spouse filed a separate return;
Submit a Financial Aid Transcript (FAT) from the college(s) previously attended. A financial aid request will not be processed until the transcript is received;
Submit official statements of benefits received from the Social Security Administration, Veterans’ Affairs, Vocational Rehabilitation, or other agencies.
Types of Financial Aid. Students may be eligible for the following assistance programs:</p>

<p>Knoxville College Work Program;
Knoxville College (KC) Grant;
Presidential Scholarship;
Merit Scholarship.
All students are required to participate in the Work Program. Eligibility for other continuing Financial Aid is directly related to the student’s academic progress. The student’s academic progress is determined once a year at the end of the spring semester. If the student enrolls during the spring semester, s/he will have her/his academic progress measured at the end of two (2) consecutive semesters of study. In addition, a student must achieve a cumulative grade point average in accordance with Knoxville College academic standards for semester hours completed.</p>

<p>Financial Aid Probation and Suspension. If a student fails to meet the minimum academic progress requirements, that student will be placed on financial aid probation for the next succeeding year of enrollment. If the minimum requirements are still not met, the student will be placed on financial aid suspension and will not be eligible for future financial aid until the minimum cumulative requirements of the policy are attained. </p>

<p>Appeal and Reinstatement. A suspended student may be eligible to receive financial aid if the Academic Dean will confirm in writing that the student is in good standing and progressing academically. An appeal to explain mitigating circumstances can be submitted in writing to the Academic Dean and the student has a right to request a hearing before the Committee on Academic Appeals. </p>

<p>Student Academic Performance. Student academic performance is based upon the following: </p>

<p>Full-Time Years Credit Hours Cumulative
Completed Completed GPA
1 24 1.4
2 40 1.6
3 60 1.8
4 82 2.0
5 104 2.0
6 124 2.0 </p>

<p>In order to be in good standing with the College, a student must maintain the minimum cumulative grade point average and credit hours requirement listed above. Any student who fails to meet the minimum requirement will be placed on academic probation.</p>

<p>Students will receive additional assistance and counseling during their probationary period. Students failing to remove themselves from academic probation within one semester may be suspended; barring unusual circum- stances, students will be allowed a maximum of two consecutive semesters on academic probation. All such unusual circumstances will be documented in students' records.</p>

<p><a href="http://www.knoxvillecollege.edu/pstudents/expenses-finaid.shtml%5B/url%5D"&gt;http://www.knoxvillecollege.edu/pstudents/expenses-finaid.shtml&lt;/a>
Here is the link</p>

<p>I posted this info on the college selection thread and I got some snobby responses like why would I go there when I can go to UT-Knoxville and comments like that.</p>

<p>Ok, it seems that the info I'd received previously and was referring to when I advised potential applicants to read the fine print basically has to do with all the financial woes the college has had. Unfortunately a few of the HBCUs have had a hard go of it, financially (FAMU is another that comes immediately to mind). A thorough investigation of financial stability of the institution, as well as its accredidations, would certainly be warranted and advised. If all is well this certainly could be an outstanding opportunity for some.</p>

<p>ACCREDITATION</p>

<p>Knoxville College is accredited by the Southern Association of Colleges and Schools (SACS) to award the Bachelor of Arts, Bachelor of Science, and associate degrees.</p>

<hr>

<p>This is its regional accreditation.</p>