PARENT'S GUIDE TO ADVANCING TECHNOLOGY DEGREES
UAT Parents Guide
Elite Education Affordability

As a technology university, we work hard to ensure that a UAT education represents a clearly affordable alternative when compared to many other private four-year technology colleges or, to the cost of out-of-state tuition at a public college.

UAT’s tuition is nearly identical to the median out-of-state tuition at a public or state college and 20% less than the median tuition at other private colleges.

TUITION AND TAX ADVANTAGES

Education tax credits can help offset the costs of education. The American Opportunity (Hope Credit extended) and the Lifetime Learning Credit are education credits you can subtract in full from the federal income tax, not just deduct from taxable income.

  • American Opportunity Credit
  • Education Credits can help at tax time
  • Publication 970, Tax Benefits for Education
  • Form 8863, Education Credits (Hope and Lifetime Learning Credits)
  • Coverdell Education Savings Accounts — IRS

The tax code provides a variety of tax incentives for families who are saving for, or already paying, higher education costs or are repaying student loans.You may be able to claim a Hope and Lifetime Learning Credit for the qualified tuition and related expenses of the students in your family (i.e., you, your spouse, or an eligible dependent) who are enrolled in eligible educational institutions. Different rules apply to each credit. If you claim a Hope Scholarship Credit for a particular student, none of that student’s expenses for that year may be applied toward the Lifetime Learning Credit.

You may be able to claim a tuition deduction of up to $4,000 of qualified education expenses paid during the year for yourself, your spouse, or your dependent. You cannot claim this deduction if your filing status is married filing separately or if another person can claim an exemption for you as a dependent on his or her tax return. The qualified expenses must be for higher education.

UAT Parents Guide

You may be able to deduct interest you pay on a qualified student loan. And, if your student loan is canceled, you may not have to include any amount in income. The deduction is claimed as an adjustment to income so you do not need to itemize your deductions on Schedule A Form 1040.
— IRS

In today’s tough labor market, a college degree dramatically boosts the odds of finding a job and making more money. On average, the benefits of a four-year college degree are equivalent to an investment that returns 15.2 percent per year. This is more than double the average return to stock market investments since 1950, and more than five times the returns to corporate bonds, gold, long-term government bonds, or home ownership. From any investment perspective, college is a great deal.
— National Association of Colleges and Employers (NACE)

There is considerable support for the notion that the rate of return on investment in higher education is high enough to warrant the financial burden associated with pursuing a college degree. Though the earnings differential between college and high school graduates varies over time, college graduates, on average, earn more than high school graduates.

While it is clear that investment in a college degree, especially for those students in the lowest income brackets, is a financial burden, the long-term benefits to individuals as well as to society at large, appear to far outweigh the costs.
— ERIC Clearinghouse On Higher Education, Washington, DC

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Tuition Costs

  • Undergraduate tuition: $11,575 per semester
  • Graduate tuition: $8,250 per semester
  • UAT-Online tuition: $8,100 per semester
UAT Financial Aid at a Glance
  • Total Scholarships and Grants awarded to UAT Students in 2011-2012: $3.3 million
  • Total student loans awarded to UAT students in 2011-2012: $7.6 million
  • Total federal work study amounts awarded to UAT students in 2011-2012: $110,861
  • Total parent loans awarded to UAT students in 2011-2012: $3.4 million
  • Current UAT Enrollment (Fall 2014): 718
  • Current percentage of student receiving Title IV aid (Fall 2014): 71.7%
  • Current percentage of Pell eligible students (Fall 2014): 46.2%
Financial Resources
    UNIVERSITY OF ADVANCING TECHNOLOGY
  • Flexible Payment Options
  • UAT Scholarships
  • Discovery Scholarship

    STUDENT
  • Employer Reimbursement
  • Private/3rd Party Scholarships
  • Private Loans
  • Savings
  • Student Employment (on campus and off campus)

    FAMILY
  • 529 Plan
  • Private Loans
  • Savings
  • Tax Credits


    FEDERAL GOVERNMENT
  • Pell Grant
  • PLUS Loans for Parents
  • William D. Ford Direct Loan for Students
  • Supplemental Educational Opportunity Grant
  • Work-Study

    US ARMED FORCES
  • Active Duty - Tuition assistance - Ch 30 and Ch 33
  • MGIB - Ch 30
  • Post 9/11 Yellow Ribbon - Ch 33
  • Reserve Educational Assistance (REAP) - Ch 1607
  • Selected Reserves - Ch 1606
Technology University Affordability

If you have questions about financial aid, contact the Financial Aid Office at this email address: fa@uat.edu or by phoning (800) 658-5744 or (602) 383-8217.

Technology University
Scholarships are awarded to individuals who have strong academic potential. recipients must maintain at least a 3.0 CGPA.

SCHOLARSHIPS

UAT seeks to reward scholarships to on-campus, undergraduate students who have shown success, or the potential for success. These technology college students are accepted for admission based on a range of qualifications that express the student’s vision for the college experience, the value of technology innovation in the world and their desire to attend UAT. Our scholarship program is designed to reward new students who meet these standards. The earlier your student files a UAT application, the more financial aid options that will be available. If your student is seriously considering UAT, encourage him or her to complete their application as scholarships are awarded at the time of application.

UAT OFFERS SEVERAL TYPES OF SCHOLARSHIPS:

Merit Scholarship

The University is seeking students who demonstrate both strong academic success, a commitment to technology, and a deep passion for learning and technology.

Award Amount:
Amounts vary and range, with the maximum range reaching up to $40,000 over your eight semesters here, and are determined at application.

Innovator Scholarship: up to $40,000
Futurist Scholarship: up to $32,000
Premier Thinker Scholarship: up to $24,000
Learning Scholarship: up to $12,000
UAT Experience Scholarship: up to $4,000

Terms and Conditions:
Students must successfully enroll in the University in accordance with all deadlines. Recipients must maintain at least a 3.0 CGPA, stay continually enrolled, uphold and all stipulations of the UAT Code of Conduct, and act with ethics above reproach. Progress will be monitored by UAT and the award may be revoked if the recipient is not meeting expectations and requirements outlined in the university catalog.

Murphy's Robotics Scholarship

The UAT Murphy Robotics Scholarship is awarded to active participants in the FIRST Robotics Competition, the FIRST Tech Challenge, the VEX Robotics Competition, the TSA-VEX Competition, or the BEST Robotics Competition for their academic success and continued participation in programs related to science, technology, engineering and mathematics. The mission of each organization clearly aligns with our mission, vision and core values.

FIRST (For Inspiration and Recognition of Science and Technology) is an organization driven to engage students in science and technology through a mentor-based program that involves leadership, technology skills, engineering, mathematics and teamwork.

VEX is a Robotics Design System that sponsors competitions in order to inspire creativity and innovation in designing and building robots. The competition requires leadership, technology skills, engineering, mathematics and teamwork.

BEST (Boosting Engineering Science and Technology) is an organization driven to engage students in science and technology through a sports-like competition that involves leadership, technology skills, engineering, mathematics and teamwork. The scholarship is for one $40,000 scholarship per Robotics team and is awarded to one student on the team who is participating in the FIRST Robotics Competition (divided as a $5,000 tuition scholarship each semester for eight semesters).

Eligibility:
  • Be a high school senior
  • Be recommended by his/her adult sponsor of the student's Robotics team
  • High School CGPA of a 3.5 or higher

Award Amount:
$5,000 per semester for up to eight (8) semesters for a maximum total award amount of $40,000

Application Procedure:
Students, prior to their first semester at UAT, must submit the following to be considered for the scholarship:

Terms and Conditions:
Eligible students must enroll at the University within one month of the date on the award letter in order to receive the scholarship. The recipient must maintain at least a 3.0 CGPA at UAT, stay continuously enrolled at the university, uphold any and all stipulations of the UAT Code of Conduct and act with ethics above reproach. Recipients must make satisfactory academic progress towards completion of UAT degree objectives. Progress will be monitored by UAT and the award may be revoked if the recipient is not meeting expectations and requirements outlined in the university catalog. This scholarship cannot be combined with the UAT Robotics, UAT Presidential, Provost's Award or Scholar's Award Scholarship. The scholarship can only be applied to tuition and will not apply to housing, meal plans or synchronic resource fee.

Renewal:
Scholarship recipients who meet award terms and conditions will receive the scholarship for up to eight academic semesters.

Digital Video Film Festival Scholarship

A full-tuition scholarship to attend University of Advancing Technology's award-winning Bachelor of Arts Digital Video program will be awarded to one deserving student filmmaker each year. In the case of a team production, up to four team members may split this award equally.

Eligibility:
We are seeking first-time, incoming, on-campus students looking to obtain a Bachelor or Arts Digital Video degree. Students must have submitted a qualifying film to an eligible category of the UAT DV Film Festival. Recipient(s) must enroll at the University within two months of the date on the award letter.

Award Amount:
The Digital Video Film Festival Scholarship award amount is a full tuition scholarship to be disbursed evenly over eight consecutive semesters or four academic years, for a total amount of approximately $84,000.

Terms and Conditions:
The recipient(s) must maintain at least a 3.0 CGPA at UAT, stay continuously enrolled at the University, and abide by the University Code of Conduct and act with ethics above reproach. The recipient(s) must make satisfactory progress towards completion of UAT degree objectives. Progress will be monitored by UAT and the award my be revoked if recipient is not meeting expectations and requirements outlined in the university catalog. The recipient(s) may not receive this scholarship in addition to an Academic Scholarship.

Renewal:
Scholarship recipient(s) who meet award maintenance requirements will receive the scholarship for up to eight academic semesters

Dancers of Ballet Arizona Scholarship

A half-tuition scholarship to attend University of Advancing Technology will be awarded to dancers from Ballet Arizona. The relief effort provides retiring dancers an opportunity to pursue higher education outside of ballet.

Eligibility:
We are seeking current and retired Ballet Arizona dancers. Students who have retired from the company must begin classes on campus within one year of retiring and must meet all UAT acceptance requirements.

Award Amount:
The Dancers of Ballet Arizona Scholarship award amount is a half tuition scholarship to be disbursed evenly over eight consecutive semesters or four academic years, for a total amount of approximately $46,300.

Terms and Conditions:
The recipient(s) must maintain at least a 3.0 CGPA at UAT, stay continuously enrolled at the University and abide by the University Code of Conduct and act with ethics above reproach. The recipient(s) must make satisfactory progress towards completion of UAT degree objectives. Progress will be monitored by UAT and the award may be revoked if recipient is not meeting expectations and requirements outlined in the university catalog. The recipient(s) may not receive this scholarship in addition to an Academic Scholarship.

Renewal:
Scholarship recipient(s) who meet award maintenance requirements will receive the scholarship for up to eight academic semesters.

Alma Mater Pride Scholarship

University of Advancing Technology is offering an Alma Mater Pride Scholarship to students recommended to the University through our alumni network.

Eligibility:
A UAT Alumnus, prior to an interview or submission of an application, must recommend the applicant.

Award Amount:
$1,000 per semester for a maximum of eight (8) semesters. $8,000 scholarship maximum.

Terms and Conditions:
The recipient must maintain at least a 3.0 CGPA at UAT, stay continuously enrolled at the university, uphold any and all stipulations of the UAT Code of Conduct, and act with ethics above reproach. Recipients must make satisfactory academic progress towards completion of UAT degree objectives. Progress will be monitored by UAT and the award may be revoked if the recipient is not meeting expectations and requirements outlined in the university catalog.

Renewal:
Scholarship recipients who meet award maintenance requirements will receive the scholarship for up to eight semesters for on-campus undergraduate programs.

Continuation Scholarship

University of Advancing Technology (UAT) is offering a scholarship to students electing to continue their education at UAT with the pursuit of a master’s degree.

Eligibility:
All UAT graduates who enroll to begin one of UAT’s master’s degree programs within one year of graduation.

Award Amount:
The student will receive a scholarship in the amount of their first graduate program three-credit course (this is based on the student’s current graduate tuition amount).

Terms and Conditions:
The award is not redeemable for cash. The scholarship can only be applied to tuition and will not apply to housing, meal plans or the Synchronic Resource fee.

Renewal:
This is a one-time award that will be applied to the students account.

UAT Yellow Ribbon Scholarship

As part of the Yellow Ribbon GI Education Enhancement Program, University of Advancing Technology will award scholarship funds to eligible on-campus and online undergraduate and graduate students.

Eligibility:
To be eligible for the UAT Yellow Ribbon Scholarship, students must be eligible for the maximum benefit rate under the Post-911 GI Bill (Based on service requirements). There for, students may be eligible if they:

  • Served an aggregate period of active duty after September 10, 2001, of at least 36 months
  • Were honorably discharged from active duty for a service-connected disability and served 30 continuous days after September 10, 2001
  • Are a dependent eligible for Transfer of Entitlement under the Post-911 GI Bill based on a veteran's service under the eligibility criteria listed above

Award Amount:
Award amount, a combination of UAT's contribution and a matching contribution from the Veteran's Administration, is determined on an annual basis every August.

Disbursement of Title IV Funds:
In accordance with the Higher Education Act (HEA) as amended, any Title IV or HEA program funds received by UAT will be disbursed to the eligible student's tuition account by the third business day following the receipt of funds. Should a student be deemed ineligible for said funds, those monies will be returned promptly to the source program or lender.

In accordance to the U.S. Department of Education requirements, Title IV, HEA loan information for students and parents will be submitted to the National Student Loan Data System (NSLDS) which is accessible by guaranty agencies, lenders, and schools determined to be authorized users of the data system.

Veterans' Certification of Enrollment Policy:
The University's School Certifying Official will certify student Veterans' attendance with the Veteran's Administration (VA) every semester at the written request of the student Veteran through a Request of Benefits (ROB) form. This certification process is designed to satisfy the VA's objective of paying benefits only to eligible student Veterans in an acceptable enrollment status.

The Cost of College

At UAT, your son or daughter will receive a well-rounded technology college education focused on learning how to think and how to work collaboratively. They will possess a deep and comprehensive understanding of advancing technology; not just how to best work with contemporary technology, but how to adapt and utilize technology as it advances and transforms. They will be prepared to create, innovate and provide leadership in their chosen field.

Any Time

Overall, salaries for graduates in the computer sciences disciplines are up 4.1 percent over the 2010 average for this category.

Source: NACE Salary Survey 2012

Over a working life, the typical full-time year-round worker with a four-year college degree earns over 60% more than a worker with only a high school diploma.

Source: College Board Trends in Higher Education 2009

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