2012 - 2013 catalog - Delta College

Financial Aid
The Delta College Financial Aid Office (FAO) administers a comprehensive
program of financial assistance to help you with the cost of attending college.
The Federal government, the state, Delta College, and organizations
are sources of assistance if you demonstrate financial need and/or merit.
Application forms required to begin the financial aid process are available
on-line at www.fafsa.gov Forms for the next academic year (August - May)
are available the preceding January. You should obtain the pre-application
form and follow the application procedures as early as possible. The entire
application process may take from six to eight weeks. Applications filed
less than two months prior to registration may not be processed in time for
registration and may be received too late to be awarded some types of aid.
Application Procedures
1. Apply online at www.fafsa.gov Before filing your Free Application for
Federal Student Aid (FAFSA) on the web, we recommend that you (and
one of your parents) apply for a PIN at www.pin.ed.gov. A PIN acts as your
electronic signature, and allows you to review your processed application
data and make corrections on the web. Accurately answer each question
on the FAFSA, indicate Delta’s College Code (002251), sign it using your/
your parent’s PIN(s) and electronically submit your application. This will
generate a Student Aid Report (SAR), which will be sent directly to you
via e-mail.
2. Once you receive your SAR, look it over carefully to make sure it is correct,
as the information on this report will be used to determine your eligibility
for financial aid. Corrections can be made online at www.fafsa.gov If you
need assistance with corrections, please contact the Financial Aid Office.
Eligibility for Aid
To be eligible for aid you must be a U.S. citizen or permanent resident of
the U.S., must not be in default on any student loan and not owe a repayment
on any Federal grant. You must, in most cases, enroll and attend at
least half-time, maintain satisfactory academic progress as defined by the
Delta College Standards of Academic Progress policy, and be enrolled in a
program of study leading to a certificate or degree. You must have a high
school diploma or GED in order to be eligible for Federal Financial Aid.
Once you have met the eligibility requirements listed above you will be
considered for all aid programs administered by Delta, except student
loans and scholarships which require a separate application. The financial
assistance offered to you may include any of the programs listed on the
chart on the following page. You will be notified via your Delta e-mail
account regarding the amounts and types of financial aid available based
on full-time attendance. Enrollment at less than 12 credits will reduce your
award accordingly.
Direct Loan eligibility is based partly on the anticipated enrollment status
of the applicant. If you register at a status below that which was used to
determine your eligibility for the loan, your eligibility will have to be recalculated
and your loan may have to be reduced or cancelled. Loan funds are
disbursed to Delta College via electronic fund transfer (EFT). The Student
Finance Office will mail your loan funds directly to your address on file with
the college after any balance owed has been deducted.
Every Direct Loan borrower must complete online Entrance
Loan Counseling and a master promissory note (MPN) at
www.studentloans.gov prior to completing their first Direct Loan
request form at Delta College.
Rights of Financial Aid Applicants
1. You have the right to know what financial aid programs are available.
2. You have the right to know the deadlines for submitting applications
for each of the financial aid programs available.
3. You have the right to know how financial aid will be distributed, how
decisions on that distribution are made, and the basis for these
decisions.
4. You have the right to know how your financial need was determined.
5. You have the right to know what resources (such as parental
contribution, other financial aid, your assets, etc.) were considered
in the calculation of your need.
6. You have the right to know how much of your financial need as
determined by the institution has been met.
7. You have the right to request an explanation of the various programs
in your student aid package.
8. You have the right to know the Delta College refund policy.
9. You have the right to know what portion of the financial aid you
received must be repaid, the payback procedures, the length of time
you have to repay, and when repayment is to begin.
10. You have the right to know how Delta College determines whether
you are making satisfactory academic progress and what happens
if you are not.
For an explanation of any of the above rights, please come in to the
Financial Aid Office and see a Financial Aid Advisor.
Responsibilities of Financial Aid Applicants
1. You must complete all application forms accurately and submit them
on time to the right place.
2. You must provide correct information. In most instances, misreporting
information on financial aid application forms is a violation of
law and may be considered a criminal offense which could result
in indictment under the U.S. Criminal Code.
3. You must return all additional documentation, verification, corrections,
and/or new information requested by either the Financial Aid
Office or the agency to which you submitted your application.
4. You are responsible for reading and understanding all forms that
you are asked to sign and for keeping copies of them.
5. You must accept responsibility for all agreements that you sign.
6. You must perform the work that is agreed upon in accepting a Work-
Study job.
Financial Aid recipients must meet Standards of Academic Progress
to continue to receive aid. See Section IV, Academic Policies,
Standards of Academic Progress for Financial Aid Recipients.
On the Web: www.delta.edu
Delta College 2012-2013
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