Table of Contents Table of Contents
Previous Page  35 / 208 Next Page
Information
Show Menu
Previous Page 35 / 208 Next Page
Page Background

Financial Aid Warning for Failure to Meet

the Unit Requirement

If, at the time of the unit evaluation, a student has

failed to complete 80 percent of the attempted units,

they will be placed on Financial Aid Warning and will

be notified of the failure to meet the requirements.

That student will have one semester in which to

improve this percentage. If, by the end of that

semester, the student has not completed 80 percent

of the cumulative attempted units, that student will

have all financial aid suspended until such a time as

they have met the requirement. The student may

again apply for financial aid after requirements have

been met.

Appeal

A student may appeal this suspension by presenting

a letter of appeal to the Office of Financial Aid.

The appeal must include why you have failed to

meet Satisfactory Progress. It must also include

what has and will change in order for you to achieve

Satisfactory Progress by the next semester. Cases of

extreme illness or death in the family will be taken

into consideration. The Office of Financial Aid will

notify the student as to the final decision.

An approved appeal will grant the student one

semester of probation in which they will still be

eligible to receive Financial Aid. If, at the end of

this probation period, Satisfactory Progress is not

met, the student will be placed on Financial Aid

suspension until such time as the student has met

the requirements.

FORMS OF FINANCIAL AID

Financial aid is money provided from federal

and local governments, independent and private

organizations and from funds set aside by the College

to assist families in meeting the costs of higher

education. Most opportunities for financial assistance

fall into either of two categories: “merit-based aid”

and “need-based aid.”

“Merit-based” scholarships are granted based on a

student’s achievements or promise of achievement in

several areas including, but not limited to, academics,

music and athletics. “Need-based” aid, as the name

implies, requires that the student and their family

demonstrate a financial need in meeting college costs.

Simply stated, financial need is the difference between

the amount a family is expected to contribute and the

actual amount to attend college. In most cases the

amount of financial aid offered will be based on a

combination of factors involving both types of aid.

Once application materials are received, students

are assigned counselors to assist them through the

financial aid process. New students continue to work

with their Admissions counselors while continuing

students are assigned a counselor from the Office

of Financial Aid.

Information on financial aid for the Degree

Completion Program and Online Program is located

within their respective sections of the catalog.

FINANCIAL AID REFUND POLICY

Dropping Classes

A student’s final eligibility for aid will be based on

the number of hours for which they are enrolled

on the Official Day of Record, as listed in the class

schedule. If a student registers for, and then drops a

class (or classes) prior to the Official Day of Record,

the student’s eligibility for aid will be recalculated

based on the hours remaining as of the Official Day

of Record. Since financial aid is released prior to

the Official Day of Record, students who receive

a financial aid payment based on more hours than

those remaining as of the Official Day of Record

may be responsible for repaying a portion of any

financial aid received.

Dropping classes may affect a student’s eligibility for

future aid. Students should consult the Satisfactory

Academic Progress Policy or the Office of Financial

Aid to determine if dropping classes will affect their

eligibility for future aid.

Total Withdrawal from School

If a student registers and then completely withdraws

from all classes, their eligibility for aid will be

recalculated based on the number of days they

attended class. If a student totally withdraws from

all classes prior to the first class day, all financial aid

will be canceled and no funds will be disbursed. If

a student withdraws on or after the first class day,

the student may have to repay a portion of any cash

financial aid received. See Return of Title IV Funds.

Financial Aid

25

THE COLLEGE