Financial Aid Policies
Satisfactory Academic Progress Requirements
The United States Department of Education requires standards of satisfactory progress for students who receive federal funds. Measures must include the student's total academic history, regardless of whether the student received financial aid at the time. Students not receiving aid will be notified at the time of financial aid application. It is the student’s responsibility to be informed about the satisfactory academic requirements.
Return of Title IV Funds
Federal regulations require that a Return of Title IV Funds (ROF) calculations be performed on any student that is receiving federal aid during the semester they withdraw or stops attending class before the semester ends. Federal aid includes the Pell Grant, Federal Supplemental Educational Opportunity Grant (SEOG), Federal Direct Loans, and Direct PLUS Loan. If the student initiates the withdrawal process after completing over 60% of the enrollment term, they will have earned 100% of the federal financial aid for that term and no repayment is required.
For more detailed information:
Financial Aid AppealsWhen a student loses financial aid eligibility because they failed to make satisfactory academic progress, they may appeal that result based on their injury or illness, the death of a relative, or other extenuating circumstances. The appeal must explain why student failed to make satisfactory progress and what has changed in their situation that will allow them meet satisfactory progress at the next evaluation. If appeal is approved, the student will be placed on probation with an academic plan. Progress is evaluated at the end of every term and student will be eligible to receive financial aid if they continue to meet the requirements of the academic plan.
Students must also appeal to change their plan. They must explain what has happened to make the change necessary and how they will be able to make academic progress.
Financial aid appeals are reviewed every month (except in December).The Financial Aid Appeals Committee meets every month (except December).