(1) This Policy was approved by the Vice-Chancellor on 18 December 2015. (2) The University maintains the Student Loan and Grant Fund to provide loans and grants to help alleviate financial hardship which would affect a student's ability to continue or complete their course of study. This Policy outlines how these measures are administered. (3) The Student Financial Assistance procedure documents how to comply with this Policy. (4) This Policy applies to: (5) The University adopts a variety of schemes to support students where their academic progress may be adversely affected by a lack of financial resources. These include: (6) The Student Loan and Grant Fund is established with an initial allocation of funding with the aim to be self-sustaining through: (7) All returns and repayments to the Student Loan and Grant Fund will be credited to the Fund to support its sustainability. (8) Applicants must be: (9) Loan applicants must be able to demonstrate their capacity to repay the loan. (10) Grants are available to students in circumstances of exceptional hardship where for example making regular loan repayments would aggravate the hardship. (11) Loans are not available to students who are bankrupt. (12) Loans will not be approved for fines of any kind. (13) Loans will not normally be approved for tuition fees, but in cases of emergency may be available to any full fee paying student enrolled in an award course of the University to cover full or partial payment of fees. (14) The Student Loan and Grant Fund Advisory Committee will be comprised of: (15) The Student Loan and Grant Fund Advisory Committee will meet at least annually and at such other times as required to facilitate the report by the Executive Director, Student Services to the Finance and Business Affairs Committee by not later than 30 April in each year. (16) The Executive Director, Student Services, will administer the Student Loan and Grant Fund under the guidance of the Student Loan and Grant Fund Advisory Committee. (17) The Executive Director, Student Services, will report to the Finance and Business Affairs Committee by no later than 30 April each year on the administration of the Student Loan and Grant Fund including: (18) Complaints about decisions made under this policy may be raised in accordance with the Student Complaints Resolution Policy and Procedure. (19) The Student Financial Assistance procedure documents how to comply with this Policy. (20) For the purpose of this Policy:Student Financial Assistance policy
Section 1 - Preamble
Section 2 - Purpose
Section 3 - Scope
Top of PageSection 4 - Policy
Eligibility
Loan restrictions
Student Loan and Grant Fund Advisory Committee
Management of the Student Loan and Grant Fund
Complaints
Section 5 - Procedure
Section 6 - Definitions
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