Page 124 - Palo Verde College 2020-2021 Student Handbook / Planner

Financial Aid
information will be available from the Department of Education soon regarding how to find out how much of your grant eligibility you have already used. This new regulation will apply to all students’ past grant payments history.
COURSE REPETITION
Beginning July 1st, 2011, the Department of Education changed the repeat rules for Title IV funding of Federal grants. This regulation is only regarding Title IV funding and does not impact the repeat rules defined under Title VI you have successfully completed a course at PVC you can only receive financial aid for that course 1 additional time. If you choose to repeat the course for a 3rd time, you will not be eligible for federal financial aid payment. If you choose to retake a course for a 3rd time, after passing it successfully once, your units for that course will not count towards your financial aid awards for that semester or future semester.
Students enrolled in only correspondence courses are no more than half-time students, even if they are enrolled in enough units to be full time. Additionally, students who are enrolled in all correspondence courses will have a lower cost of attendance (budget will include fees/tuition and books and supplies).
If correspondence courses are combined with regular, on-campus courses, the student’s enrollment status might be more than half time.
Please refer to the chart below:
CORRESPONDENCE COURSE
Number of On-Campus Units
Number of Correspondence Units
Financial Aid Enrollment Status
3
3
1⁄2 time
3
6
1⁄2 time
3
9
1⁄2 time
2
6
1⁄2 time
6
3
3⁄4 time
6
6
Full time
0
12
1⁄2 time*
*Full-time correspondence students can ONLY be paid at 1⁄2 time. Full-time correspondence students enrolled in all distance education classes, need to be aware that you will be required to turn in a progress report that must be completed by each instructor, and turned in to the Financial Aid Office prior to picking up your grant. Please be aware that your Pell Grant will not be available until the second disbursement date.
SATISFACTORY PROGRESS
Standards of Satisfactory Academic Progress Policy
Federal and State regulations require that students seeking financial aid must demonstrate Satisfactory Academic Progress (SAP) toward a published degree objective and ensure progress toward the degree for all periods of enrollment whether the student has received financial aid. There is a minimum unit and a maximum unit requirement. Students are responsible to submit official transcripts for all previously attempted coursework to Enrollment Services.
Students receiving a “D”, “F”, “W”, “NC” OR “NP” in a course may receive payment a second time. All repeated units are included as attempted; therefore, each time a course is taken, the number of units will be included in the calculation of the 150% rule (see below) and academic progress.
Students receiving a “C” or higher in a course may not receive payment a second time. If repeated as part of an educational program “load,” it may not be counted again for financial aid purposes.
Once you have attempted any units, (regardless of receiving financial aid or not), you are required to: (1) Complete 67% of *attempted units each semester, (2) Maintain a minimum 2.0 cumulative GPA; and complete your education program within a 150% of the minimum required units for the program to meet the standards required to maintain Satisfactory Status for financial aid eligibility.
FINANCIAL AID SATISFACTORY STATUS
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