There are many rules that govern a student's eligibility for financial aid funds. Listed below are some of the major issues that may cause a student to lose financial aid.
1. Enroll in ineligible courses/programs. Not all courses qualify for financial assistance. Cosmetology Teacher, Real Estate, and non-credit course work do not qualify for financial aid.
2. Do not attend class. Attendance is required. If you do not attend, your aid will be canceled for those courses. You will still be responsible for tuition and fees for the course(s).
3. Drop before the class begins. If you drop a class before it begins, the financial aid will be canceled for that course.
4. Audit Classes. Courses taken as audit do not qualify for financial aid.
5. Do not complete your course(s) successfully. If you do not obtain a minimum required GPA, or you fail or withdraw from your courses, you will jeopardize your ability to receive financial aid. (See the Satisfactory Academic Progress Policy.)
6. Withdraw from all of your courses prior to the Eleventh week of the semester, or fail all of your courses. Students who do not complete any courses successfully may be required to repay a portion of the financial aid funds received.
You will have to repay a portion of your financial aid if:
• you received federal student aid (Pell Grant, SEOG, and Direct Student Loans), and
• you withdraw, fail to attend classes, or are dropped by the faculty from all of your courses prior to the eleventh week of the semester. The amount of repayment will be prorated based on the percent of the semester you do not complete.
You can avoid repayment of aid if you remain in attendance in at least one of your courses through the eleventh week of the semester. If you cease attending that class, the faculty may withdraw you and you will be required to repay financial aid. The last date to attend is posted at each campus.
Withdrawals and Non-attendence
Students will not receive a financial aid disbursement for any classes dropped during the refund period of the semester. During the fall and spring semester, the refund period is the first nine calendar days of the semester. If it is made known to the Financial Aid Office, at any time, that a student never attended a class, the Financial Aid Office is obligated to cancel the financial aid for that class. The student will be obligated to re-pay any money due as a result of the cancellation of this aid.
Students receiving federal financial aid who withdraw from all classes or stop attending prior to the completion of 60% of the semester, will be responsible to repay all or a portion of federal grants and loans received. The Financial Aid Office will calculate the amount of federal aid that students have "earned" based on the number of days they attended. All unearned financial aid will be returned either to the Department of Education or, in the case of loans, the lender.
Any unpaid tuition, fees and book charges on the student´s account that is created by the return of funds will be billed to the student. Students will not be allowed to enroll in future classes until the bill is paid in full. The Financial Aid Office suggests that students talk to an academic adviser before withdrawing from classes. The Academic Support Services Office provides tutoring and other services to help students be successful in their courses.
The following is a detailed explanation of the Return of Title Iv Funds Policy provided by the Department of Education:
"The Financial Aid Office is required by federal statute to recalculate federal financial aid eligibility for students who withdraw, drop out, are dismissed, or take a leave of absence prior to completing 60% of a payment period or term. The federal Title IV financial aid programs must be recalculated in these situations."