[Oasfaa] Trimester Question

[Danielle Cox]

Would anyone with a trimester setup be able to answer a few questions for me?

We are looking at beginning a few year-round programs starting in 2023 (a few grad and one undergrad) and contemplating a trimester setup. I am weighing the pro's and con's have defining our Academic Year as three-required trimesters vs. defining it as two trimesters with the third being optional.

Can anyone confirm if I am on the right thinking pattern here?

If we define it as three-required trimesters than the loans would be equally disbursed 1/3, 1/3, and 1/3, which seems to benefit those students and prevent them having to hold onto spring disbursed funds to pay for summer, for example.

However, if we define it as two-required trimesters with the third being optional, our undergrad programs could be eligible for 150% Pell in that scenario allowing them a greater benefit of Pell grant funds if they do go year-round. Given this information, Pell students would benefit from this setup while loan-only students really would not.

Is my thought process correct here? Which does your institution do and why? Are there other things I should be considering as we decide which we should do?


[OBU]
Danielle Cox

Director of Student Financial Services
Student Financial Services

500 West University Street
Shawnee, Oklahoma 74804

405.585.5020 (office)

Oklahoma Baptist University exists to equip the next generation of future shapers to live all of life, all for Jesus.

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Today's Topics:

   1. Director of Financial Aid Position Open (Jane Nowlin)


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Message: 1
Date: Tue, 1 Nov 2022 17:53:19 -0500
From: Jane Nowlin <jane at hairartsinstitute.com>
To: oasfaa at lists.onenet.net
Subject: [Oasfaa] Director of Financial Aid Position Open
Message-ID:
        <CAFPJsrRAPVwei9D48KvMExt+BGQ4C01ad-Dowgf6soHHQputcA at mail.gmail.com>
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I would like to place an employment ad for a  Director of Financial Aid
position we have open. If this is not allowed, please let me know.  The ad
is below.

*Director of Financial Aid*  - Immediate opening for an experienced
financial aid officer for a small but growing Barber/Cosmetology School in
Oklahoma City, OK.  Please contact Jane  at 405-286-2600.


Thank you
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