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NCC_Catalog

The Financial Aid Academic Review Committee will consider the appeal and notify the student of the decision in writing. Notification will occur no later than fifteen days after the Financial Aid Suspension Appeal Form and Academic Plan are received from the student, or after all semester grades are in, whichever is later. The decision of the Financial Aid Academic Review Committee is final. Academic Plan Status—A student who is placed on Academic Plan status has failed to make Satisfactory Academic Progress but has had their eligibility for financial aid conditionally reinstated as a result of a successful appeal. The continued eligibility of this Academic Plan status is dependent upon whether or not the student follows the requirements laid out in the student’s Academic Plan. Students whose appeal has been approved will conditionally regain eligibility for financial aid under the Academic Plan Status. • Continued eligibility will be dependent upon whether the student follows the Academic Plan. • The Academic Plan will be reviewed after each term of enrollment to determine if the student is successfully following the Academic Plan. o Students who follow the Academic Plan after each term will maintain their financial aid eligibility until the student regains compliance with the Satisfactory Academic Progress standards, or until the student fails to meet the Academic Plan requirements. o Students who do not follow the Academic Plan after each term will be placed on Financial Aid Suspension and will no longer be eligible to receive financial aid. • Students who follow the requirements in the Academic Plan but the Academic Plan ends prior to the student regaining compliance with the Satisfactory Academic Progress standards will be placed on Financial Aid Suspension and will no longer be eligible to receive financial aid. Students whose appeal has been denied will remain on Financial Aid Suspension and will not be eligible to receive aid and must pay tuition and fees in future terms. Students who are on suspension and wish to regain financial aid eligibility will be required to bring their course work up to the minimum standards at their own expense. It is the responsibility of the student to notify the Financial Aid Office that their course work meets the minimum standards and to request that their financial aid be reviewed for reinstatement. Students may appeal again if circumstances have changed. Example: student successfully completes credits in semesters/ terms after their appeal was denied. Return of Title IV Aid—Financial Aid Refund Policy Federal law (Section 485 of the Higher Education Amendments of 1998-P.L. 105–244) specifies how NCC must determine the amount of student financial aid assistance that is earned if you cease to attend. If you receive federal financial assistance and fail to complete your education, your financial aid may be adjusted based on the date of the official or unofficial withdrawal. An unofficial withdrawal occurs when a student stops attending and/or fails to follow the withdrawal process. The amount of financial assistance you have earned is determined on a pro-rated basis using the number of calendar days completed divided by the number of calendar days in the payment period. Once you have completed more than 60 percent of the enrollment period, you earn all your financial assistance. In accordance with federal regulations, when Title IV (Federal) Funds are involved, unearned aid is returned by NCC in the following order: 1. Federal Direct Unsubsidized Loan 2. Federal Direct Subsidized Loan 3. Federal Direct PLUS (Parent) Loan 4. Federal Pell Grant 5. Federal Supplemental Educational Opportunity Grant (FSEOG) 6. Other Title IV Assistance The adjustment of aid may cause you to owe money to the U.S. Government and/or NCC. If NCC is required to return Title IV funds, the amount returned will be billed to the student. If the repayment of funds is not made to NCC within the designated deadline, the amount may be turned over to the U.S. Department of Education for collection or a collection agency, depending upon the funding source. Anyone in a repayment situation will remain ineligible for federal aid until the repayment is resolved. Students will remain ineligible for federal aid until the College receives notice from the Department of Education or collection agency that the student has reestablished his/her eligibility. If you need to withdraw from your classes it is important that you contact your Advisor to complete a “Withdrawal Form.” The “Official Withdrawal Date” is recorded by the Registrar after the “Withdrawal Form” is returned to the Student Services Office, or is the date that the student otherwise provides official notification to NCC of their intent to withdraw. However, if documentation is received indicating the student’s last day of attendance is different than the date the student officially withdrew, the student’s last day of attendance may be recorded as the withdrawal date and used to calculate the refund of tuition and fees. Students who stop attending and/or fail to follow the withdrawal process are considered to have unofficially withdrawn and the student’s last day of attendance may be used to determine the refund calculation. If you drop below half-time, withdraw, or graduate, you are required to complete Direct Loan Exit Counseling. You may complete the online Exit Counseling session by going to www.studentloans.gov. If your enrollment status drops below half time, your future loan disbursements may be cancelled, you will no longer qualify for an in-school deferment of your loan payments, and you will either begin your grace period or your loans may enter into repayment. 25 College Information


NCC_Catalog
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