Eligibility Requirements


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Eligibility Requirements

    

General Eligibility Requirements

Eligibility for most student financial aid programs is based on demonstrated financial need of the student, and/or the student's family and on registered credit hours.

 

Financial Aid General eligibility requirements:

 

·         demonstrate financial need (for most programs);

·         be a U.S. citizen or an eligible noncitizen;

·         have a valid Social Security number (with the exception of students from the Republic of the Marshall Islands, Federated States of Micronesia, or the Republic of Palau);

·         be registered with Selective Service, if you’re a male (you must register between the ages of 18 and 25);

·         be enrolled or accepted for enrollment as a regular student in an eligible degree or certificate program;

·         be enrolled at least half-time to be eligible for Direct Loan Program funds;

·         maintain satisfactory academic progress in college or career school;

·         sign statements on the Free Application for Federal Student Aid (FAFSA®) stating that

·         you are not in default on a federal student loan and do not owe money on a federal student grant and

·         you will use federal student aid only for educational purposes; and

·         show you’re qualified to obtain a college or career school education by

·         having a high school diploma or a recognized equivalent such as a General Educational Development (GED) certificate or

·         completing a high school education in a homeschool setting approved under state law.

 

 For Ohio programs the student must also:

 

  • Be a resident of Ohio (according to Ohio Law) for 12 consecutive months
  • Be enrolled full-time (12 hours), except for ONG and OCOG
  • Be enrolled in a degree program. Students in certificate programs are not eligible.

 

For Aultman College Institutional Funds, all eligibility requirements for State and Federal programs are followed.

 

 

Additional Eligibility Requirements

Attendance

To be eligible for federal financial aid, attendance in class must be verified. Once attendance in class is verified, any refund checks to which the student is entitled will be mailed to the student. Direct deposit of financial aid refunds into your checking account is available. Contact the Financial Analyst for additional information.

 

Please note: The VA requires veterans receiving benefits to attend all scheduled class meetings.  Failure to do so may result in the loss of benefits and pay back of veterans benefits already received for the semester in question. Please see the Student Handbook for additional information concerning Veteran’s Administration and Standards of Progress.

 

Enrollment

Aultman College uses a “freeze” date each semester to determine a student’s enrollment status for awarding financial aid. The “freeze” date for each semester can be found on the Academic Calendar. The credit hours in which a student is enrolled on the freeze date are used to calculate the amount of federal financial the student will receive. If students add or drop classes prior to the freeze date the amount of aid for which the student is eligible may be recalculated. If classes are added or dropped after the freeze date, the financial aid will not change.

 

Policy Exceptions

  • Students receiving Stafford Loans must be enrolled six credit hours at the time of disbursement.
  • For students receiving OCOG funds: The OCOG amount will be determined by the percentage reduction in the student’s actual fee charges during the refund period.
  • If a student totally withdraws or stops attending classes prior to completing 60% of the semester, financial aid must be recalculated. The student could owe a refund to a grant program, to the College, and/or impact eligibility for future aid. Additional information regarding the recalculation policy is available in the Financial Aid Office. Financial Aid is recalculated according to the last date of attendance or withdrawal date.

Please see the Withdrawal/Refund Policies for additional information.

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