Terms of Offer
In accepting an offer of financial aid, you acknowledge responsibility for understanding and complying with all the laws, regulations and rules that govern the various financial aid programs. The
TERMS OF OFFER is an
official agreement between you and the Office of Financial Aid and Veterans Services and is in force throughout the term of the award. Failure to comply with all of the laws, regulations and rules, may result in cancellation or an adjustment of the award and may require repayment of part or all funds disbursed to you. Because the laws and rules governing financial aid programs frequently change, the TERMS OF OFFER is subject to change without prior notice. The following general requirements apply to all financial aid programs:
- Availability of Funds: All awards are made on condition that funds are available. In the event that the state or federal governments reduce or eliminate funds, the Office of Financial Aid and Veterans Services will reduce and/or cancel your award.
- Change in Information: You must immediately report any change in your name, address, or telephone number must be reported to our office AND also at the Admissions Office in the DeRicco Student Services Building
FINANCIAL AID WINDOWS (Main Entrance Foyer).
- Enrollment, Change in Enrollment Status, Late Starting Classes, Withdrawal: Our offer of financial aid is made on condition that you are admitted to, enrolled and attending courses at this college. To receive a full-time award, you must enroll in and maintain a minimum of twelve units throughout the semester. You will receive an award for three-quarter time status if you enroll in and maintain 9 to 11.5 units. Half-time status is 6 to 8.5 units. *Less than half-time payments are based on 0.5 to 5.5 units. You must notify the Office of Financial Aid if you plan to enroll in less than half-time.
- Late-Starting/Short-Term Classes will not be counted towards your enrollment status until the class actually starts. As a result, your disbursement will be reduced or delayed until the actual class begins.
- A change in enrollment status during a semester may change or cancel your award. If you withdraw, your remaining financial aid award will be cancelled.
- Withdrawing From School: Any student who receives financial aid and withdraws from ALL classes prior to completing 60% of the semester/program and/or courses will be required to repay a portion of all federal financial aid received. At San Joaquin Delta College, this includes the Federal Pell Grant and Federal Supplemental Educational Opportunity Grant (FSEOG) programs. CONTACT THE FINANCIAL AID OFFICE BEFORE WITHDRAWING FROM ALL COURSES.
- Competitiveness Grant (ACG). CONTACT THE FINANCIAL AID OFFICE BEFORE WITHDRAWING FROM ALL COURSES.
- Satisfactory Academic Progress: By accepting financial aid, you have read and understand the Financial Aid Satisfactory Academic Progress policy.
- Overawards: Students must repay any funds received in excess of the amount to which they are entitled, regardless of the reason they received those excess funds.
- Financial Holds: Students who have outstanding financial balances at the college are subject to having their financial aid disbursements held or delayed until satisfactory payment arrangements have been made.
FINANCIAL AID WITHDRAWAL AND REPAYMENT POLICY
Per federal regulations, schools must determine the amount of the Title IV program assistance a student earns if he withdraws from school. The Title IV Programs at San Joaquin Delta College covered by this law are:
- Federal Pell Grants
- Academic Competitiveness Grants
- Federal Supplemental Educational Opportunity Grants (FSEOGs)
- Stafford loans.
Once a student withdraws from school he may be in repayment or may be eligible for additional funds. For a more detailed explanation please click on Repayment Policy.
In general for those students who received federal financial aid and withdraw prior to the following dates may be billed for a portion of their financial aid. (Dates are subject to change.)
Fall 2011 - *October 27, 2011
Spring 2012 - *March 29, 2012
Summer 2012 -*Rotating date depending on the start date of the course. Contact the Financial Aid Office for more information .
*Note: These dates are subject to change depending on enrollment short-term courses and/or programs (i.e. Police Academy Program, Nursing Program etc…)
All repayments will be reported electronically to the U.S. Department of Education and students will not be eligible to receive any additional financial aid until:
- The full repayment balance has been paid in full, OR;
- Satisfactory payment arrangements are made with the U.S. Department of Education
*If you receive financial aid, contact the Financial Aid Office before withdrawing from all courses.
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