Important
Financial Aid Facts to Know
Effective Now:
Repeated
Courses—Courses that are repeated will not be counted in
enrolled hours if you previously received a grade of “D” or
better in the course. Exception, a repeat will count once if a
grade of “C” or better is required for the student to take the
next course in sequence. For example, if you took MTH-095 and
received a “D,” you would be able to repeat the course and have
the hours count in your enrolled hours since a grade of “C” or
better is needed to enroll in MTH-098. However, if you do not
receive a “C” or better in your second attempt, the course will
not be covered by financial aid the third time.
F Forgiveness—All hours, regardless of the F Forgiveness policy,
must be considered when calculating a student’s GPA and hours
attempted/earned ratio for financial aid academic standards of
progress.
GI Bill Online Remedial Courses—Online remedial courses cannot
be certified for veterans receiving the GI Bill.
Summer Pell Grant—Students only are eligible for the summer Pell
Grant if they received Pell funds for only fall 2011 or spring
2012 OR if the student was paid less than full-time in either
fall 2011 or spring 2012. For financial aid purposes, 12 credit
hours or more is considered full-time; 9-11 credit hours is
considered three-quarter-time; 6-8 credit hours is considered
half-time; and 5 or less credit hours is considered less than
half-time.
Summer Return of Title IV—If a student has non-attends or
withdrawals in all courses for a particular summer session, the
student’s aid will be recalculated for return of Title IV aid.
Examples are available in the Financial Aid Office (S107).
Effective for
2012-2013:
IRS Data
Retrieval—Students are encouraged to request the IRS
Data Retrieval when completing the FAFSA. You are able to do
this two weeks after the IRS has received the tax return. By
doing so, you will more than likely not be selected for
verification. Otherwise, if selected, you and your parent are no
longer able to bring in a copy of your tax return. You must
obtain a tax transcript from the IRS.
Ability to
Benefit—Students who do not have a high school diploma
or a GED, or do not meet the home school requirements will not
be eligible to receive aid. However, students who received aid
in the past under the Ability to Benefit Provision may still be
eligible.
Pell Grant
Duration of Eligibility—The duration of a student’s
eligibility to receive Pell Grant funds will be reduced from 18
semesters to 12 semesters. A percentage is calculated for
students not attending full-time..
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