tuition addendum - Redstone College

Addendum
SKU #6698c
Volume 10 – Number 2
Redstone Campuses
Effective: 1/6/15
Information in this addendum augments or amends the Redstone College 2014 Academic Catalog and remains in effect until a subsequent addendum is published.
Insert – Page 69
Replace – Page 11
CALENDAR FOR A&P NIGHT STUDENTS
JANUARY 2015 COURSE
Start Date
Break Days
End Date
Graduation Ceremony
January 6
January 19
February 13
TBD
FEBRUARY 2015 COURSE
Start Date
End Date
Graduation Ceremony
February 17
March 26
TBD
MARCH 2015 COURSE
Start Date
End Date
Graduation Ceremony
March 30
May 6
TBD
MAY 2015 COURSE
Start Date
Break Days
End Date
Graduation Ceremony
May 11
May 25
June 18
TBD
JUNE 2015 COURSE
Start Date
Break Days
End Date
Graduation Ceremony
June 22
July 3
August 11
TBD
AUGUST 2015 COURSE
Start Date
August 13
Break Days
September 7 & 8
September 23
End Date
Graduation Ceremony
TBD
SEPTEMBER 2015 COURSE
Start Date
September 25
End Date
November 3
Graduation Ceremony
TBD
NOVEMBER 2015 COURSE
Start Date
November 6
Break Days
November 25 to 27
December 18
End Date
Graduation Ceremony
TBD
REDSTONE COLLEGE – ADDENDUM
EDUCATION ALLIANCE
Education alliance is a program offered to organizations that
partner with Redstone College to communicate the advantages
of a Redstone education to the population of their organization.
Benefits to alliance members include preferred interviewing of
graduates on-site, dedicated contact throughout the admissions
process, and a specialized tuition rate. For more information,
contact the admissions office.
All students who apply under education alliance will be required
to show association upon application. In addition, students
may be required to show association with the education alliance
partner while attending the college. When proof is required,
it will generally be at the beginning of an academic year when
reapplying for financial aid. Continued approval will be granted
if the student transfers to a different organization that is an
education alliance partner along with the proper required proof
of association.
For additional information, please contact the campus business
office or an admissions representative.
Update - Page 75
High School Scholarship Program
The High School Scholarship program is intended to recognize
motivated high school seniors and to encourage their pursuit of
advanced career-focused higher education in the field of their
choice. There are three high school scholarship/award
categories:
President’s Scholarship: The award amount includes
full tuition, fees and books. There is one President’s
Scholarships available at Redstone College.
Dean’s Scholarships: The award amount is $5,000 for an
associate degree program and $2,500 for a diploma program.
There are two scholarships per program available.
Preparation for Success Award: An award of $1,000 is
offered toward a degree program, or $500 for a diploma
program.
Scholarship Terms and Conditions
• Must be a 2015 high school senior
• Must be enrolled in a Redstone College degree or
diploma program (certificate programs and employee
waivers are not eligible)
• Must meet all admissions requirements to Redstone
College as outlined in the current college catalog
Application Requirements
1. All information requested on the scholarship application
must be complete and legible. Students must sign the
application, and an email address is required for notification
of receipt. Must meet all requirements for the Preparation for
Success Award by the scholarship deadline.
2014 Academic Catalog l 1
2. The most current available high school transcript
at the time of application must be submitted and
must state a students’ current grade point average
(GPA). The President’s and Dean’s scholarships
require a minimum GPA of 2.0. The Redstone
scholarship requires a GPA of 2.5 or the
3. A completed letter of intent, as introduced to the
student by his/her admissions representative at the
time of application. 4. A 250-word personal essay
must be submitted legibly and written in ink or
typewritten by the applicant, explaining the reasons
for pursuing career-focused higher education
in his/her program of choice at Redstone College.
Submission Procedure
All materials and supplementary documents must
be submitted together in one envelope with copies
kept by the applicant. Incomplete application
packets will not be accepted. The envelope must
be received by the scholarship administration
on or before the deadline printed on the
scholarship application available on redstone.edu.
Redstone Scholarship Distribution
1. For a student to be eligible for any of the
Redstone scholarship disbursements, he/she must
complete at least 60 percent of the term of study
with a GPA of 2.5 or higher for each term of
disbursement.
2. If a student withdraws after the 60 percent
timeframe, he/she will receive a pro-rated amount
of the scholarship based on the percentage of
tuition charged pursuant to the refund policy
outlined in the college catalog.
3. Maximum disbursement is as follows:
A. Dean’s scholarship funds will be distributed
in equal disbursements per term B. Preparation for
Success funds will be distributed in
equal disbursements per term.
C. President’s Scholarship funds will be distributed
equally up to the current tuition and fees charged
per academic term
Update – Page 77
Housing Scholarship
This scholarship will:
 Be equal to two months’ rent
 Not exceed $1,100
 Be limited to new start students and
limited to two students per class start.
The students will be required to pay
their own application/deposit fees


Be based upon financial need (Pell-eligible)
Not be able to be used in conjunction
with any other Redstone scholarship
(includes MAP, Imagine America,
Redstone and AEA)

All funds will be paid directly to the
housing complex or landlord
REDSTONE COLLEGE – ADDENDUM
2014 Academic Catalog l 2
FINANCIAL INFORMATION Redstone College
Effective: 1/6/2015
SKU #6698c - Volume 10, No. 2 - January 2015
Information in this addendum augments or amends the Redstone College 2014 Academic Catalog and remains in effect until a subsequent addendum is published.
EFFECTIVE JANUARY 2015 TERM
Program
Airframe &
Powerplant
(Day and Night)
Credential Campus
AOS
Number of
Tuition per
Resource Fee
Payment
Periods
Payment
Period
per Payment
Period
DNX
Estimated
Tool Kit
Insurance
Fee
Uniforms
5
Total Program
Cost
Cost of Books
per Program
$40,219
Payment Period 1
$7,375
$225
Payment Period 2
$7,375
$225
Payment Period 3
$7,375
$225
Payment Period 4
$7,375
$225
Payment Period 5
$7,375
$0
$1,949
$425
Grand
Total
$40,694
$70
$475
TECHNOLOGY PROGRAMS
EFFECTIVE JANUARY 2015 TERM
Program
Credential Campus
Number
of Terms
Tuition
per Term
Resource Fee
per Term
Tool Kit
Uniforms
Insurance
Fee
Total Program
Cost
Estimated Cost of
Books per Term
Grand
Total
Electronics
Technology
AOS
DEX
6
$5,160
$100
$2,220
$425
$70
$34,275
$120-$170
$35,295
Energy
Technologies
AOS
DEX
6
$5,160
$100
$1,400
$425
$70
$33,455
$140-$190
$34,595
Industrial
Automation
AOS
DEX
6
$5,160
$100
$2,220
$425
$70
$34,275
$120-$170
$35,295
Wind Energy
Technology
AOS
DEX
6
$5,160
$100
$1,400
$525
$70
$33,555
$100-$200
$34,755
HVAC
AOS
DNX
7
$4,531
$100
$1,800
$425
$70
$34,712
$225-$275
$36,637
HVAC
Diploma
DNX
4
$4,531
$100
$1,800
$425
$70
$20,819
$225-$275
$21,919
Estimated Cost of
Books per Program
Grand
Total
$531
$34,836
Program
Avionics
Credential
AOS
Campus
DEX
CREDENTIAL ABBREVIATIONS:
Associate of Occupational Studies
Number
Tuition
Resource Fee
of Terms
per Term
per Term
6
$5,160
$100
AOS
Tool Kit
$2,250
Uniforms
$425
Insurance
Total
Program
Fee
Cost
$70
$34,305
CAMPUS ABBREVIATIONS:
Redstone College – Denver
Redstone College – Denver East
DNX
DEX
EXCEPTIONS:
1.
Enrolling students who have their own tools and the tools meet the particular program requirements will be credited for the cost of the
tool kit.
2.
Enrolling students who have a school uniform issued in one program may choose to not receive a uniform in their new program and will
be credited for the cost of the uniform.
3.
To preclude duplication of tools, enrolling students who have tools from one program may choose to get a modified tool kit for their new
program and will be credited with the cost savings.
OTHER INFORMATION:
Official transcripts are available to students at no charge.
REDSTONE COLLEGE – ADDENDUM
2014 Academic Catalog l 3
APEX INTEREST RATE & FEES
Interest Rates
Starting interest rate will be 0%
This is the Interest Rate that will apply until 90 days after a
student leaves school.
This is the Interest Rate during the life of the credit
transaction, and will apply beginning 91 days after a student
leaves school.
Interest rates are fixed.
6.1 %
Loan Fees
Late Charge
$15
Returned Check Charge
$25
Loan Cost Example
The total amount a student will pay for this financing will vary depending upon the number of months the
student is in school and the repayment period after the student leaves school. The repayment period will
depend on a number of factors, including the amount financed.
Students will begin making monthly payments on the first day of the second month after the beginning of the
academic term for which financing is provided. There is no period during which payments can be deferred.
Number and Amount
of Monthly Payments
Amount of Credits
Provided by School
Interest Rate
Term of the Credit
Transaction
Total Paid over
the Term of the
Credits
20 payments of $75
$8,500
0.0%
11 years, eight
months
$10,825.20
6.00%
Payments start 120
days after leaving
school
120 payments of
$77.71
(Interest at 6% begins 91 days
after student leaves school)
Annual Percentage Rate (APR): 6%
Total Finance Charges:
$2,400.20
Eligibility Criteria
•
Must be 18 years or older at time of application
•
Must be eligible for federal student aid
•
Must apply for and accept all available forms of federal student education loans
APEX TILA 1a (rev.08/13)