Terms and Conditions

Acceptance of your financial aid award indicates that you agree to comply with the rules and regulations that govern the programs for aid as well as the policies of this institution. Your award is subject to change if corrections or revisions are made to the information you provided on your Free Application for Federal Student Aid (FAFSA). 

Additional Assistance
If you receive additional funds not listed on your Award Letter (scholarships, departmental awards, etc.) report them immediately to the Office of Student Financial Assistance. Your aid may be adjusted as a result of these funds. You will be notified of any changes resulting in your eligibility for aid. 

Previously Received Title IV Aid
You must not be in default on any federal educational loans or owe any refunds on federal grants received at any post-secondary institution to be eligible to receive any Title IV Funds. 

Use of Funds
Funds received through financial assistance programs may only be used for educationally related expenses incurred for the academic year. All federal aid will be applied directly to your institutional charges which may include tuition, fees and other allowable charges. Funds in excess of these charges will be paid to you within 21 days after the 14th day of the semester (or 7th day of summer semester).

Enrollment Requirements
Generally you must be enrolled as a regular student in an eligible program to receive the Federal Pell Grant. To be eligibe for student loans you must be enrolled in at least six credit hours. 

Withdrawal
Withdrawal from coursework may jeopardize your current and future financial aid eligibility. If you withdraw or are asked to withdraw, you must inform the Office of Student Financial Assistance immediately. Depending on the length of your enrollment for the academic period, you may be required to repay all or part of the aid you received to the U.S. Department of Education and/or Northshore Technical Community College. 

Satisfactory Academic Progress
Satisfactory Academic Progress (SAP) is the measure of a student’s successful completion of coursework toward a certificate or degree. The Office of Student Financial Assistance evaluates student academic progress at the beginning of each semester. Students are evaluated on the basis of cumulative grade point average (CGPA), credit hour completion and maximum time frame limitations. New students (first semester at NTCC), and transfer students (any other college or university) are awarded aid initially. SAP is checked following the student’s first semester and every semester thereafter.

 

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