EXHAUSTED ELIGIBILITY GRANT-IN-AID PROGRAM

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1 UNIVERSITY OF MARYLAND DEPARTMENT OF INTERCOLLEGIATE ATHLETICS RETURN COMPLETED REQUEST FORM TO: Academic Support & Career Development Unit 1697 Comcast Center PURPOSE The purpose of the exhausted eligibility athletic grant is to assist student-athletes who have completed their athletic eligibility to finish their baccalaureate degree. QUALIFICATIONS Any award of exhausted eligibility financial aid is at the discretion of the Director of Athletics. Exhausted eligibility aid shall be available to scholarship student-athletes who meet the following qualifications: student-athlete has an audit from his/her academic advisor indicating that he/she is within a year of completing the requirements for a Bachelor s degree student-athlete has not previously received a total of more than five years of athletically related grant student-athlete is within six years after initial enrollment in a collegiate institution student-athlete has competed at the University of Maryland for at least two years student-athlete will not use eligibility in any other sport student-athlete is in good academic standing by University of Maryland standards and is maintaining satisfactory progress toward his/her degree COMMITMENT Student-athletes awarded exhausted eligibility athletic grants are required to commit themselves to the following: be enrolled for at least a full-time twelve-credit hour undergraduate academic load, or a full -time graduate level academic load as deemed by the institution for the duration of the grant unless fewer hours are needed to meet graduation requirements maintain at least a 2.00 cumulative grade point average for the duration of the grant If a student-athlete withdraws from or fails a class, he/she may be responsible for all associated costs as per the Student-athlete Handbook (p.63). the period of award for exhausted eligibility grants shall be extended on a semester-bysemester basis even if the coach wishes to award aid for the entire year. Should the student-athlete fail to meet the above commitments, his/her grant may be canceled at the end of the semester. AMOUNT Exhausted eligibility athletic grants may not exceed the percentage of the student-athlete recipient s athletic award during the student s last period of enrollment at the university. All award amounts and number of grants is dependent upon funds available and the decision of the Director of Athletics. SUMMER TERM Exhausted eligibility financial aid may be awarded to student-athletes for summer term to ensure graduation. A student-athlete requesting exhausted eligibility financial aid may also be required to attend a summer term as a precondition for a financial aid award.

2 EXHAUSTED ELIGIBILITY REQUEST FOR FINANCIAL AID NAME OF APPLICANT SPORT TELEPHONE STUDENT-ATHLETE ACADEMIC INFORMATION MAJOR CREDITS REQUIRED GPA CREDITS REMAINING NUMBER OF CREDITS COMPLETED IN THE PAST ACADEMIC YEAR EXPECTED DATE OF GRADUATION STUDENT-ATHLETE FINANCIAL AND ATHLETIC INFORMATION 1. Check the years in which athletic aid was received (at ANY institution): Number of years you have competed at the University of Maryland (Circle One): Are you, or have you ever been, under contract to a professional sports team? Yes No 4. Do you plan to be employed during the upcoming academic year? Yes No If yes, where and by whom will you be employed? TO BE COMPLETED BY COMPLIANCE Initial date of matriculation (any institution) Initial date of matriculation (UM) Term in which eligibility completed Years on athletic-related financial aid (cannot be more than 4): Student-athlete within 6 years after first full-time enrollment: Yes No Approved by: : APPROVED BY: Associate Athletic Director/ASCDU Sport Supervisor

3 FINANCIAL AID AGREEMENT FOR STUDENT-ATHLETES WITH EXHAUSTED ELIGIBILITY Student-Athlete Name Sport University ID Number Telephone Permanent Address City State Zip Conditions of Financial Aid: I understand that to qualify for this financial aid, I must fulfill the admission requirements of the University of Maryland. I am aware that the amount of this aid may be reduced for canceled during the term of this award if: I drop below 12 credits per semester, unless enrolled in final semester of designated degree program and have been authorized. I engage in serious misconduct that brings disciplinary actions from this institution. I voluntarily withdraw from the University of Maryland. I understand that this award is based on full-time enrollment status (12 credits or more). If I am enrolled in the final semester of a designated degree program and have been authorized to drop below the 12 credit requirement, my athletic scholarship will be recalculated based on my actual enrollment status. I understand that I may not receive funds in excess of the University s cost of attendance. If I receive any other scholarship or financial aid, I will notify the Financial Aid Office. Those funds may replace a portion of my athletic scholarship to meet guidelines. I will be notified about federal financial aid as determined by the Free Application for Student Financial Aid (FAFSA) under separate cover. Students that receive need-based financial aid as well as athletic aid can expect a revised financial aid award letter which will consider all types of aid and include any necessary changes. Award Policy: Your athletic scholarship will not be credited to your account until: You have signed and returned this agreement to the Financial Aid Office. You have registered for a minimum of 12 credits per semester (excluding waitlisted courses). Scholarship Disbursement Procedures: Subsistence checks will be available for disbursement in the Office of the Bursar (Room 1115 in the Lee Building) on a walk-in basis. Subsistence amounts up to $999 per year will be disbursed in one payment per semester, and subsistence amounts of $1,000+ will be disbursed in four payments per semester. Unsigned Athletic Agreements and enrollment below the required 12 credits will cause a delay in fund allocation. It is the student s responsibility to make alternative arrangements for living expenses until subsistence checks are available. As an athletic scholarship recipient, your scholarship can only cover expenses such as tuition, mandatory fees, and room and board charges. You should be aware that you are responsible for paying any other charges you incur wile a student of the University of Maryland. Other charges may include orientation fees, parking violations, parking permits, library fines, and medical charges, for example. If you have any questions regarding your bill, please contact the Financial Aid office at If you have received a bill which does not reflect the payment of your athletic scholarship, please deduct the athletic scholarship amount from the balance due and only make a payment for the difference. I agree to accept this athletic scholarship and the terms of this agreement as well as the rules of the NCAA, the ACC, and the University of Maryland. Signed

4 Academic Audit By College Advisor The student-athlete listed below is applying to the Department of Intercollegiate Athletics for exhausted eligibility financial aid. Please complete the following in order that we may approve funding for this athlete. If you have any questions, you may contact Academic Support & Career Development Unit (ASCDU) at NAME UNIVERSITY ID NUMBER SPORT MAJOR CURRENT SEMESTER ACADEMIC INFORMATION The above named student-athlete is on track to graduate at the end of the following semester: Fall Spring Summer Credits required for degree Credits remaining for student The student named above must complete the following courses in order to graduate in the semester indicated above: Course Name Credits Semester to be completed College Advisor s Signature

5 Coach s Recommendation I,, recommend (Head Coach s Name), for the exhausted eligibility/ (Student-Athlete Name) grant-in-aid program. I agree to support this student-athlete for the semester(s). I request the following dollar amount OR percentage amount for his/her grant-in-aid: Tuition and fees Room Board Books Total grant-in-aid amount OR % Percentage of full grant-in-aid In-state On-campus Out-of-state Off-campus Signature of Head Coach Signature of Applicant