Georgia Perimeter College | 2015-2016 Student Guidebook - page 25

25
Students must be registered for classes before the published financial aid
freeze date in order to receive federal and state student aid.
Students who register
prior to
the financial aid freeze date and who add
classes
on or after
the financial aid freeze date and have a valid FAFSA
on the freeze date will not be eligible for additional federal funds.
The
No Show Attendance
period may be obtained from the Academic
Calendar.
For additional information on the financial aid freeze date and policy,
please visit
.
Satisfactory Academic Progress (SAP) for Financial Aid
Federal regulations require that students maintain
S
atisfactory
A
cademic
P
rogress
(SAP) in their course of study to continue receiving federal financial aid. Failure to
maintain SAP will result in the loss of federal financial aid and most scholarships.
Types of financial aid include:
Pell Grant
Federal Supplemental Educational Opportunity Grant (FSEOG)
Federal Direct Loans (Subsidized, Unsubsidized, and PLUS)
Federal Work Study Program
HOPE Scholarship or Grant, and Zell Miller Scholarship
Satisfactory Academic Progress can be separated into qualitative and quantitative
measures. Students must meet both requirements to continue receiving financial aid.
A more detailed explanation can be found in the
Georgia Perimeter College Catalog
.
These standards apply to both full-time and part-time students.
IMPORTANT
: It is the students' responsibility to monitor their grades and pace of
completion. For additional information please visit
.
Complete Withdrawal and/or Failure of the Semester
Students receiving federal financial aid who formally or informally withdraw/fail to
pass all courses attempted during the semester are subject to the Federal regulations
for calculating the return of federal financial aid as specified in the Higher Education
Amendment of 1998. The calculation determines the amount of federal financial aid
that the student was eligible for at the time of withdrawal. The aid for which a
student is not eligible for will be returned in the following order:
Unsubsidized Federal Direct loans
Subsidized Federal Direct loans
Federal Direct PLUS loans received on behalf of the student
Federal Pell Grant
Federal Supplemental Educational Opportunity Grant (FSEOG)
Other Federal Title IV assistance
The amount of unearned funds that are returned may create a balance due on a
student’s account and require repayment. The office of Student Financial Services
notifies the student if a repayment is due. Students owing a grant repayment who
fail to repay will be reported to the Department of Education. Failure to repay could
result in the loss of future federal financial aid eligibility at Georgia Perimeter College
as well as other institutions of higher education.
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