Financial Aid Rights, Responsibilities and Progress
As a student financial aid applicant, you have the right to:
- Be informed about financial aid application procedures, cost of attendance, aid available and renewal requirements.
- Confidential protection of your financial aid records. The contents of your financial aid file are maintained in accordance with the Family Educational Rights and Privacy Act.
- Appeal decisions made with regard to your aid application.
You have the responsibility to:
- Complete applications correctly and submit them on time.
- Read and understand all materials sent to you from the Financial Aid Office and other financial aid agencies; keep copies of all forms and materials submitted.
- Know and comply with the rules governing your aid programs.
- Comply with the provisions of any promissory note and all other agreements you sign.
- Notify the Financial Aid Office of all resources not listed on your award letter.
- Maintain Satisfactory Academic Progress.
- Keep your address and telephone number current with the Office of the Registrar.
- Register for the number of credits required and maintain satisfactory academic progress.
- Request personal assistance if you have questions or don't understand the information provided to you.
Standards of Academic Progress for Financial Aid Recipients
Federal and state regulations require students to meet minimum standards in order to be eligible to receive financial aid funds. The minimum standards at Edison State College are applied uniformly to all Title IV federal financial aid programs administered by the college, except those programs whose eligibility requirements are restricted to institutional funds or outside donor restrictions.
- Students must meet the academic requirement of at least a 2.0 cumulative GPA.
- Students must make progress toward their degree or certificate. Minimum progress toward a degree requires initial year financial aid applicants who have previously attended the college to have earned 67 percent of registration attempted at the college.
- Minimum progress toward a degree or certificate requires continuing financial aid recipients to earn 67 percent of credit hours attempted during the current academic year for renewal eligibility.
- Students must complete their educational objective within a given time frame. All AA and AS degree-seeking students have a maximum of 90 attempted credit hours. All certificate degree-seeking students are limited to no more than 150 percent of the published length of the program.
All transfer credits will be included as attempted credit hours as well as all Edison State College attempted course work regardless of whether the courses are applicable toward the student's degree program.
Withdrawals from any course(s) will be counted in the total hours attempted and may result in failure to meet the standards of progress. Students must follow the official withdrawal procedures established by the college. Students may owe a refund to the federal program as a result of a withdrawal from a course. Students should contact the Financial Aid Office for information prior to withdrawing from a course.
Funding for remedial course work is limited to 30 credits of assistance by federal financial aid programs.
Reinstatement
If a student is denied/suspended from financial aid assistance, the student must attend a semester without financial aid and earn a minimum of six (6) credits with a semester GPA of 2.0 or above. Students will be required to file an appeal after the term without aid is completed for reinstatement of eligibility.
Review of Continued Eligibility
Satisfactory progress is reviewed at the end of the student's academic year. Notification will be sent to students at the end of the Spring or Summer semester of termination of aid eligibility.
Appeal
Students may request an appeal by the Financial Aid Office if financial aid funding has been terminated. The student must file a petition form with the Office of Financial Aid. On that form the student must state the circumstances which prevented satisfactory progress to occur and provide documentation of the circumstances. Once the review has been made the student will be notified of the result of the review.
Transfer Student Evaluation
Transfer students applying for financial aid must have at least a 2.0 grade point average after transfer credits are evaluated to be eligible to receive financial aid funding. To qualify for aid in subsequent terms students must have a cumulative GPA of 2.0 or higher.
All transfer credits will be included as attempted credit hours for academic standards of progress regardless of whether the courses are applicable toward the student's degree.
Prior Baccalaureate Degree
Students who have completed a baccalaureate or professional degree from an institution regardless of whether the institution is unaccredited or a foreign school are not eligible for Pell, FSAG or FSEOG funds. It does not matter whether the degree is accepted or recognized by Edison State College.
