Financial AID SAR
Financial Aid Warning
The financial aid satisfactory academic progress is supported by the institutional SAP policy. A financial aid officer evaluates SAP at the end of each payment period. Students who do not meet SAP measures described above will be put on financial aid warning for one payment period. Students who are put on a financial aid warning continue to receive Title IV aid for the next payment periods after they receive the warning status. The status will be conferred automatically without the student appealing the SAP status.
If a student falls below a 2.0 GPA, or if the student is not completing the required amount of clock hours to keep Pace with the requirements for graduation within the 150% time frame, will result in the student being placed on financial aid warning for one payment period. A student who is put on a financial aid warning can continue to receive Title IV, HEA funding for the next payment period after they receive the warning status.
If the student is not meeting Satisfactory Academic Progress at the end of the financial aid warning period, the student will be placed on Academic development Status, with a loss of Title IV, HEA funding and will be required to meet specific criteria of an improvement plan to assist them in regaining SAP and Title IV, HEA eligibility. During this period the students will not be eligible to receive Title IV, HEA funds but he/she may continue on a cash pay basis with an approved payment plan. Arrangements for payment must be approved within 10 school days of notification of development status.
If a student is making SAP at the end of the Financial Aid Warning, they shall be returned to normal SAP status with no loss of Title IV eligibility.
Students who do not make SAP at the end of the financial aid warning period lose their Title IVfinancial aid eligibility and will be placed on academic probation, with a loss of Title IV, HEA funding, with the right to appeal.
Students may have the opportunity to have their financial aid eligibility reinstated by appealing the decision and being placed on financial aid probation. Students have five (5) business days after being notified to institute an appeal. The appeal must be in writing and given to the Executive Director, who will meet with the financial aid department to make a decision on the appeal.
The bases on which a student may file an appeal are: injury or illness; death of a relative; or other special circumstance. Students must provide supporting documents and describe in writing any unusual circumstances that warrant special consideration. Students must provide information as to why they did not make SAP and what has changed that will allow them to make SAP by the next evaluation point.
The Executive Director will provide a decision in writing within ten (10) business days.
Financial Aid Probation
If Probation Status is granted, students regain Title IV, HEA eligibility for the next eligible payment period only. Students must be making SAP at the end of the payment period to regain Title IV, HEA funding for the next payment period.
Students who regain SAP at the next reporting period regain full eligibility for Title IV, HEA funding. Students not making SAP continue to be ineligible to receive Title IV funds without the option to appeal.
Restatement of Title IV Aid
Reinstatement of aid is limited to the period under evaluation. Students making SAP by the conclusion of the Warning or Probation period will be removed from the warning/probation status and will regain eligibility for Title IV, HEA funding.
A former student requesting to be reinstated as an active student should do so in writing. Supportive documentation and/or information concerning any mitigating circumstances should be noted in the request. The requesting former student shall be notified of the Reinstatement
Review within five (5) business days following the decision.