Financial Aid Policy
The faculty of IMH will make annual awards of available financial support (graduate assistantships and scholarships) on a combination of demonstrated academic merit and justifiable financial need. All applications will receive equal review, and the faculty will make its decision each spring after considering grades, letters of recommendation, and other relevant aspects of each previous academic or professional career, and after reviewing petitions of need.
IMH graduate students receiving support should understand that 1) funding decisions are made one year at a time; 2) funding is contingent on their progress in the program and on available resources; and 3) the duration of funding will never exceed four years. The faculty will review all students’ progress annually. The graduate program director will review and discuss each student’s record with his or her advisor at the time of the review of student progress before recommending that the student continue to receive aid. If they decide a student’s progress is not sufficient to merit funding, they will bring the matter to the faculty for discussion and decision.
In 2010, two one-year stipends became available, and in the following year, the faculty voted to make these stipends available to any student who applied and who was selected, by the faculty, to receive the stipend. Assuming these stipends will be available in the future, students may apply according to the general guidelines suggested by Appendix O in Part V of this handbook. Adjustments and updates to this procedure will be communicated as the deadline for applications approaches.
Should financial support become available in the middle of an academic year, the faculty will select another recipient using the same criteria as for new students.
Under the rules of the State of Texas, a nonresident for tuition purposes who is appointed to a Research Assistantship that is at least half-time and that relates to the student’s degree program is eligible to pay in-state resident tuition and fees. This benefit extends to a student’s spouse and children if they enroll in any state institution of higher education. This waiver of nonresident fees is a statute in the Texas Education Code, Section 54.063. Other exemptions and waivers can be reviewed at http://www.collegeforalltexans.com/index.cfm?ObjectID=6D1466D9-AEA5-DE00-C12F3F75E7367718.
At this time no installment plan is available for payment of tuition and fees for the summer term.