Financial Aid Policy

Purpose

The purpose of this policy is to serve as a formal statement of the University’s commitment to equitable education for all the students of the University. 

Scope

This is an administrative policy, affecting students and administrative staff of the University. 

Referenced Laws, Regulations, and/or Policies 

This is the University policy. 

Compliance/Policy Statement 

Parami University commits to provide equitable educational opportunities to students who demonstrate willingness to achieve excellence and serve their communities. The University will attempt its best to provide financial assistance to those students who need it. The University provides financial assistance in the form of scholarships, research grants, project grants, and occasionally, stipends. The University will not offer merit-based scholarships, as the University will accept students who meet admission requirements and will treat all incoming students equally.

The University will develop procedures to determine students’ eligibility and needs for financial assistance. It is the University policy to be flexible in its support in student financial assistance. 

Review

The Office of Admissions and Student Affairs is responsible for ensuring compliance with this policy in various offices of the University. 

Date

Updated on 

Adopted on January 21, 2022.