STUDENT FINANCIAL AID
TERMS & CONDITIONS FOR RECIPIENTS
THE AID OFFER
To receive financial aid you must be pursuing an eligible degree or certificate program. Receipt of this aid indicates your permission for this office to release information relative to you, including grades and/or transcripts to the donor of any scholarship you may receive or agencies from which you may request financial support, such as the Division of Vocational Rehabilitation, etc. Federal financial aid may only be received from one institution for the same period of enrollment. You must fulfill all of the student responsibilities in accordance with federal and state law as well as institutional policy to receive this financial aid.
AID DISBURSEMENT PROCEDURES
All aid disbursements are handled through the Bursar's Office. Funds, where appropriate, will be applied directly to your tuition/fees and other college charges. Any remaining funds are mailed to you. The Bursar begins mailing financial aid checks approximately one week prior to the start of each semester. You must be enrolled in the minimum required hours as indicated on your award letter in order to receive the financial aid offered. Enrolling in classes with different starting dates may delay the distribution of financial aid monies. If a loan is offered you must complete an entrance interview prior to receiving funds and an exit interview before leaving school. Loans have multiple disbursements and first year/first time borrowers have a 30 day delayed disbursement. You must be enrolled in at least 6 credits at SCC to receive loan. If you receive Federal financial aid and do not attend classes, Federal law will require you to repay the money you receive.
CENSUS DATE
In order to be funded Pell Grant a student must be registered in all courses by the census date. Registered courses also include those recongnized through the completion of a consortium agreement by the census date between SCC and the participating school(s). If a student registers after this date, additional Pell Grant cannot be awarded. Pell awards for financial aid applications that are received after the Census date will be calculated based on the student's enrollment at the time the application is complete.
Census dates:
Fall 2008 - August 28, 2008
Spring 2009 - January 22, 2009
Summer I 2009 - June 3, 2009
Summer II 2009 - July 8, 2009
SATISFACTORY ACADEMIC PROGRESS (SAP) STANDARDS
All recipients are expected to understand their responsibility in regard to the Standards of Satisfactory Academic Progress for financial aid recipients at this institution. Failure to make SAP may result in withholding or canceling all or part of your financial aid award(s).
CHANGES IN STATUS TO BE REPORTED
Additional assistance received from ANY source since filing your financial aid application must be reported to the Financial Aid Office. Additional assistance could include, but is not limited to, outside donor scholarships, tribal monies paid directly to you or on your behalf, and awards. Any changes in course load, name, state residency for tuition and fee purposes, should also be reported to the Financial Aid Office.
REVISION AND CANCELLATION OF AID
Revisions may be made to this award as a result of changes in your eligibility, academic status, or your failure to comply with federal and state laws or regulations, and college policies. The college reserves the right to verify attendance, and review, revise, or terminate your financial aid award at any time.
RETURN OF TITLE IV FUNDS
In accordance with federal regulations, a student may be required to repay federal financial aid if completely withdrawn from all classes during a period of enrollment. Any refunds and deposits are applied to institutional debts and/or federal programs as regulated by law. For additional information read the: Financial Aid Refund and Repayment Terms.
BOOK VOUCHERS
Students that have funds remaining after tuition and fees are paid, may be eligible to use a
bookstore voucher. |
