Financial Aid Rights and Responsibilities
Students have the right to accept or refuse any part of their financial aid package. If the student rejects any part of his/her financial aid package, it may affect other aid offered. Students may not receive financial aid from more than one school while enrolled at two or more schools for the same time period. Classes the student takes outside of his/her declared program do not qualify for most forms of financial aid.
The student must attend college at least half-time (six credit hours) in order to be considered for most financial aid. Withdrawal from classes or failure to attend all classes may result in a loss or reduction of financial aid and a balance due to the University.
It is the student’s responsibility to inform the Financial Aid Office of any changes to information provided on the FAFSA application. Financial aid offered to the student is dependent upon the availability of funds. Any change in the availability of funds or a student’s academic performance may change the award package.
If a student’s FAFSA is incomplete, or if their FAFSA verification paperwork is not turned in, no award letter will be provided and the student is responsible for paying out of pocket for all tuition costs and fees.
Students and their families who are experiencing a financial hardship which significantly changed their financial situation compared to the data listed on the FAFSA, are highly encourage them to reach out to the Financial Aid Office to request a Special Circumstance review.
REQUIREMENTS TO RECEIVE FINANCIAL AID
Statement of educational purpose:
• A student must be enrolled as a degree-seeking student and must sign a statement indicating that all federal financial aid will be used for expenses related to study at Grace Christian University. This requirement will be fulfilled when the student signs and returns their Financial Aid Award Letter.
• A student must not be in default on any federal loan or must have made satisfactory arrangements to repay any defaulted federal loan.
• A student must not have borrowed in excess of the federal loan limit at any institution, and must not owe money on a federal student grant.
Selective service registration
Male students born after Dec. 31, 1959, are required to comply with Selective Service registration regulations. For more information, visit sss.gov.
High School diploma/GED
Students are required to have a High School Diploma or GED equivalent to be eligible for Federal Financial Aid.
CAUSE FOR LOSS OF FINANCIAL AID ELIGIBILITY
• Lack of Satisfactory Academic Progress (see SAP Policy)
• Conviction of Possession or Sale of Drugs
A student who has been convicted of any offense under federal or state law involving the possession or sale of a controlled substance, while receiving Title IV funds, is no longer eligible to receive any federal grant, loan, or work assistance according to the following table from the federal financial aid handbook:
Financial Aid Ineligibility Period for Drug Conviction
|Offenses||Possession of Illegal Drugs||Sale of Illegal Drugs|
|1st Offense||1 year from the date of conviction||2 years from the date of conviction|
|2nd Offense||2 years from the date of conviction||Indefinite Period|
|3rd Offense||Indefinite Period||Indefinite Period|
Offenses Possession of Illegal Drugs Sale of Illegal Drugs 1st Offense 1 year from the date of conviction 2 years from the date of conviction 2nd Offense 2 years from the date of conviction Indefinite period 3rd Offense Indefinite period Indefinite period
For more information, contact the Financial Aid Office at 616-538-2330 or email@example.com.