UC Santa Barbara                                      Policy 4425
  Policies                                              
  Issuing Unit: Student Affairs                         Date: February 1, 1985
  
  
  
  
                  FINANCIAL AID ADMINISTRATION
  
  I.   REFERENCE:
  
       President Hitch's letter to Chancellor Cheadle, dated July 17, 1970.
  
  II.  POLICY:
  
       The campus Financial Aid Office is responsible for the
       administration of all student financial aid based upon financial
       need. Determination of "financial need" requires information
       concerning which students have applied for or are receiving other
       financial assistance, such as fellowships and prizes. Consequently,
       information on all financial aid awards and all prizes funded from
       University-controlled resources, i.e., all funds appearing in the
       University books of account, is to be submitted to the Financial Aid
       Office prior to authorization of payment. Student
       Financial Services is responsible for recording and timely
       submission of this information to the Accounting Office.
  
       This policy does not affect the authority of the Academic Senate
       Committee on Undergraduate Scholarships, Honors, and Prizes, The
       Dean of the Graduate Division, or academic departments in awarding
       scholarships, fellowships, or prizes. In carrying out this policy,
       Student Financial Services will not review or question such awards
       but will take them into consideration in establishing financial need
       when the student concerned has requested financial aid.
  



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Last Modified By: EBH, 7/09/98