For students who have completed all financial aid requirements for applying and have a completed financial aid file, the College will evaluate student eligibility for all financial aid programs.
If a student is eligible, the Office of Financial Aid calculates an estimated financial aid award package and provides notification to the student through the Financial Aid Student Portal, Net Partner. The notification includes eligibility information for each financial aid program awarded, as well as the amount and anticipated disbursement dates. This notification will be electronic. Generally, financial aid awards are divided into two payment periods. Each payment period requires at least 12 credits successfully completed and at least 15 instructional weeks. Payment periods are based on individual course schedules and follow academic year requirements (a minimum of 24 credit hours and 30 weeks of instructional time).
Federal Pell Grant eligibility for an undergraduate student is estimated before originating a Subsidized or Unsubsidized Direct Loan. In addition, an Unsubsidized Direct Loan is not originated without first determining the need for a Subsidized Direct Loan. However, if the amount of the Subsidized Direct Loan is $200 or less and the amount can be included as part of a Unsubsidized Direct Loan, the College is not required to originate a separate Subsidized Loan.
For a dependent student, the College may originate and disburse Parent PLUS funds without determining federal Pell Grant and Subsidized Direct Loan eligibility. Federal Supplemental Educational Opportunity Grant (FSEOG) eligibility for undergraduate students is determined by the expected family contribution (EFC) for the current award year. Awards are made beginning with the lowest EFC until program funds are obligated.