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Terms and Conditions The Aid Offer To receive financial aid you must be pursuing an eligible degree or certificate program. If you do not have a high school diploma or GED, you must meet the Ability to Benefit requirements to be eligible to receive federal financial aid. 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 Division of Vocational Rehabilitation, etc. Funds, where appropriate, will be applied directly to your tuition/fees and other college charges. 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 Fiscal (Cashier's) Office. You may be required to provide identification to receive your financial aid check(s). You must be a "regular" student enrolled in the minimum required hours as indicated on the front of this 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. Should your award include a loan, you have an obligation to repay. You must attend an entrance interview prior to receiving funds and an exit interview before leaving school. Loans have multiple disbursements and first time borrowers have a 30 day delayed disbursement. Generally, funds, except for Federal Work-Study, will be credited to your account. Federal Work-Study earnings are paid every two weeks for hours worked.
All recipients are expected to understand their responsibilities in regard to the Satisfactory Academic Progress (SAP) requirements for financial aid recipients at this institution. You will not be funded for more that 30 credits of developmental coursework (courses numbers below 100 level) unless you are taking courses in English as a second language. Failure to make SAP as defined in the college policy may result in withholding or canceling part or all of your financial aid award(s). See CGCC's SAP Policy here.
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 and awards. Failure to report such assistance is cause for withholding and/or canceling your financial aid award(s). Any changes in employment, state residency for tuition and fee purposes, name, address, marital status, or course load 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/state laws/regulations and college policies. In addition, your financial aid award is subject to revision should the annual federal or state allocation of funds to the college be reduced below anticipated funding levels or should limitation be placed upon funds intended for student financial aid purposes. The college reserves the right to review, revise, or terminate your financial aid award at any time.
Return of Title IV Funds In accordance with federal regulations, students 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.
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