Page 123 - Palo Verde College 2020-2021 Student Handbook / Planner
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                   Financial Aid
childcare, if applicable will be added.
*Arizona enrollment fees do NOT include Mohave County residents. These students will now pay Nonresident fees.
STUDENT RIGHTS
You have the right to ask the college:
1. What it costs to attend and what its refund policies are if you drop out.
2. How the college determines whether you are making satisfactory academic progress and what happens if you are not.
3. What financial help is available, including information on all federal, state, and college financial aid programs, not just loans.
4. About the deadlines for submitting applications for each financial aid program and how recipients are selected.
5. How your financial need is determined, including how costs for tuition, fees, room, board, transportation, books, supplies, personal and miscellaneous expenses are considered in your cost of attendance.
6. What resources (such as parental contribution, other financial aid, personal assets) are considered in the financial need calculation, and how much of your financial need, as determined by the college, is met.
7. To explain the various programs in your financial aid package, and how and when you’ll receive your aid.
8. To reconsider your financial aid application, if you believe you have been treated unfairly.
9. How much of your financial aid must be paid back, and what portion is grant or gift aid? You have the right to know what the loan interest rate is, the total amount that must be repaid, payback procedures, when repayment begins and how long you must repay.
10. How to apply for additional aid in the event your financial circumstances change.
11. To disclose the percentage of its students who complete the college’s programs, the percentage that transfer out and its job placement rates.
12. About the effect outside scholarships may have on your financial aid award.
13. For its statistics on crimes committed on and off camps and for its campus safety policies and procedures. Please note that the college catalogs are available at www.paloverde.edu
Due to the Federal Education Rights and Privacy Act (FERPA), written or verbal information cannot be released to any person or agency, other than the student, without written consent. To have information released to someone other than the student written consent must be given.
Entitlement to federal and state student financial aid is subject to the requirement that the student maintain satisfactory progress in their approved program. The student’s program and academic progress will be evaluated at the beginning of each semester.
An approved program is one that:
• Leads to an Associate Degree; or
• at least two academic years in duration that is acceptable for full credit toward a bachelor’s degree: or
• is at least a one-year program leading to a vocational certificate; or a certificate or diploma training program that is less than one year; and has been approved by the U. S. Department of Education.
In addition to the student’s enrollment in an approved program, the student must complete the program requirements within a designated number of semesters.
In the past, students were able to receive Pell Grants for an unlimited amount of time. With the new changes to regulations via the “Consolidated Appropriations Act 2012”, there will now be a limit on how long students can receive a Pell Grant. Effective July 1, 2012, students will be eligible to receive a Federal Pell Grant for up to 12 semesters of scheduled awards (at full time).This will generally equal 4-6 years of undergraduate enrollment. A student who attends a semester as a half-time student is “counted” as having used only half of a semester for purposes of tracking the Pell grant limit. After receiving Pell grants for 12 semesters of full-time enrollment, you will no longer be eligible to receive the Pell grant. You will have to plan out your undergraduate to ensure that you can complete your educational objective prior to meeting the maximum time frame for Pell Grant payment. More
RELEASE OF FINANCIAL AID INFORMATION
APPROVED PROGRAMS
MAXIMUM TIME FRAME FOR PELL GRANT RECIPIENTS
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