Financial Aid Eligibility

Greystone students are also full-time Schreiner University students and therefore eligible for federal/state aid and grant programs. Financial aid is awarded from federal, state and institutional sources. Some awards are based on financial need while others are not. Eligibility for need-based aid is determined by taking the Cost of Attendance less the Expected Family Contribution (EFC). Cost of Attendance includes actual tuition and fees, actual room and board costs for students living on campus and allowances for books, travel and miscellaneous personal expenses.

EFC is determined by federal methodology as applied to the data that was reported on the Free Application for Federal Student Aid (FAFSA). This is the minimum amount that the government expects families to be able to contribute to the student's education. Some forms of non-need based aid can replace the EFC.

Students must maintain satisfactory academic progress to be eligible for all types of financial aid.

Financial Obligations

Students will not be permitted to attend classes or laboratories until all fees are paid, or they have made satisfactory arrangements with the Schreiner Business Office for the payment of fees. Students receiving scholarships and/or financial aid must have completed these financial arrangements prior to the first class day. Students whose accounts are not current with the Business Office may be denied any or all University services. Grades and/or transcripts will be withheld for students owing any balance to the University. Finance charges of $20 per month will accrue on any past due balances. In addition, collection costs and attorney's fees will be added to delinquent accounts. In order for a student to leave the University in good standing, all bills must be paid.