{"id":105,"date":"2017-03-06T14:43:21","date_gmt":"2017-03-06T14:43:21","guid":{"rendered":"https:\/\/widowprod.rccc.edu\/financialaid\/?page_id=105"},"modified":"2025-07-23T09:46:48","modified_gmt":"2025-07-23T13:46:48","slug":"terms-conditions-of-receiving-financial-aid","status":"publish","type":"page","link":"https:\/\/www.rccc.edu\/financialaid\/terms-conditions-of-receiving-financial-aid\/","title":{"rendered":"Terms and Conditions of Receiving Financial Aid"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_fullwidth_slider show_arrows=&#8221;off&#8221; show_pagination=&#8221;off&#8221; admin_label=&#8221;Fullwidth Slider&#8221; _builder_version=&#8221;4.27.4&#8243; header_level=&#8221;h1&#8243; header_font_size=&#8221;46px&#8221; body_font=&#8221;|600|||||||&#8221; body_font_size=&#8221;18px&#8221; custom_padding=&#8221;|||&#8221; box_shadow_style=&#8221;preset6&#8243; 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global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_toggle title=&#8221;Financial Aid&#8221; open=&#8221;on&#8221; open_toggle_text_color=&#8221;#ffffff&#8221; open_toggle_background_color=&#8221;#002f6d&#8221; closed_toggle_text_color=&#8221;#ffffff&#8221; closed_toggle_background_color=&#8221;#002f6d&#8221; icon_color=&#8221;#ffffff&#8221; open_icon_color=&#8221;#ffffff&#8221; admin_label=&#8221;Financial Aid&#8221; _builder_version=&#8221;4.27.4&#8243; title_text_color=&#8221;#ffffff&#8221; title_font=&#8221;|on|||&#8221; title_font_size=&#8221;14&#8243; body_text_color=&#8221;#ffffff&#8221; body_font_size=&#8221;13&#8243; body_line_height=&#8221;1em&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; border_style=&#8221;solid&#8221; global_module=&#8221;2604&#8243; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><a href=\"\/financialaid\/about-financial-aid\/\">About Financial Aid<\/a><\/p>\n<p><a href=\"\/financialaid\/financial-aid-directory\/\">Financial Aid Directory<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/important-dates\/\">Important Dates<\/a><\/p>\n<p><a href=\"\/financialaid\/financial-aid-forms\/\">Forms<\/a><\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Financial Aid Essentials&#8221; open_toggle_text_color=&#8221;#ffffff&#8221; open_toggle_background_color=&#8221;#002f6d&#8221; closed_toggle_text_color=&#8221;#ffffff&#8221; closed_toggle_background_color=&#8221;#002f6d&#8221; icon_color=&#8221;#ffffff&#8221; open_icon_color=&#8221;#ffffff&#8221; admin_label=&#8221;FA Essentials&#8221; _builder_version=&#8221;4.27.4&#8243; title_text_color=&#8221;#ffffff&#8221; title_font=&#8221;|on|||&#8221; title_font_size=&#8221;14&#8243; body_text_color=&#8221;#ffffff&#8221; body_font_size=&#8221;13&#8243; body_line_height=&#8221;1em&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; use_border_color=&#8221;off&#8221; global_module=&#8221;2047&#8243; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><a href=\"\/financialaid\/financial-aid-facts\/\">Financial Aid Facts<\/a><\/p>\n<p><a href=\"\/financialaid\/types-of-financial-aid\/\">Types of Financial Aid<\/a><\/p>\n<p><a href=\"\/financialaid\/terms-conditions-of-receiving-financial-aid\/\">Terms &amp; Conditions of Receiving Financial Aid<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/recordsregistration\/tuition-and-fees\/\">Tuition &amp; Fees<\/a><\/p>\n<p><a href=\"\/financialaid\/net-price-calculator\/\">Net Price Calculator<\/a><\/p>\n<p>Frequently Asked Questions<\/p>\n<ul>\n<li><a href=\"\/financialaid\/financial-aid-faqs\/\">Financial Aid<\/a><\/li>\n<li><a href=\"\/financialaid\/bankmobile-faqs\/\">BankMobile<\/a><\/li>\n<li><a href=\"\/financialaid\/after-receiving-financial-aid-faqs\/\">After Receiving Financial Aid<\/a><\/li>\n<\/ul>\n<p><a href=\"\/financialaid\/online-financial-aid-resources\/\">Online Financial Aid Resources<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/student-loan-repayment-resources\/\">Student Loan Repayment Resources<\/a><\/p>\n<p><a href=\"\/president\/consumer-information\/\">Consumer Information<\/a><\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Veterans Affairs&#8221; open=&#8221;on&#8221; open_toggle_text_color=&#8221;#ffffff&#8221; open_toggle_background_color=&#8221;#002f6d&#8221; closed_toggle_text_color=&#8221;#ffffff&#8221; closed_toggle_background_color=&#8221;#002f6d&#8221; icon_color=&#8221;#ffffff&#8221; open_icon_color=&#8221;#ffffff&#8221; admin_label=&#8221;Veterans Affairs&#8221; _builder_version=&#8221;4.27.4&#8243; title_text_color=&#8221;#ffffff&#8221; title_font=&#8221;|on|||&#8221; title_font_size=&#8221;14&#8243; body_text_color=&#8221;#ffffff&#8221; body_font_size=&#8221;13&#8243; body_line_height=&#8221;1em&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; global_module=&#8221;2565&#8243; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/va-application-procedures\/\">Application Procedures for VA Benefits<\/a><\/p>\n<p><a href=\"\/financialaid\/veteran-education-benefits-eligibility\/\">Veteran Education Benefits &amp; Eligibility<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/va-important-information\/\">Important Information<\/a><\/p>\n<p><a href=\"\/financialaid\/va-benefits-frequently-asked-questions\/\">VA Benefits Frequently Asked Questions<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/veterans-resources\/\">Veterans Resources<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/va-principles-of-excellence\/\">Principles of Excellence<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/va-cost-of-attendance\/\">Cost of Attendance<\/a><\/p>\n<p>[\/et_pb_toggle][et_pb_button button_url=&#8221;https:\/\/www.rccc.edu\/financialaid\/how-to-apply-for-financial-aid\/&#8221; button_text=&#8221;How to Apply for Financial Aid&#8221; button_alignment=&#8221;center&#8221; admin_label=&#8221;How to Apply&#8221; _builder_version=&#8221;4.27.4&#8243; custom_button=&#8221;on&#8221; button_text_size=&#8221;15px&#8221; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#002f6d&#8221; button_border_color=&#8221;#002f6d&#8221; button_use_icon=&#8221;off&#8221; button_text_color_hover=&#8221;#f6a800&#8243; button_border_color_hover=&#8221;#002f6d&#8221; button_bg_color_hover=&#8221;#002f6d&#8221; global_module=&#8221;2602&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;on|hover&#8221; button_text_color__hover=&#8221;#f6a800&#8243; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;on&#8221; button_border_color__hover=&#8221;#002f6d&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;on&#8221; button_bg_color__hover=&#8221;#002f6d&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.27.4&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; module_alignment=&#8221;left&#8221; hover_enabled=&#8221;0&#8243; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>Financial assistance is based on maintaining satisfactory academic progress. A student must notify the Financial Aid Office if they withdraw from classes at Rowan-Cabarrus. Withdrawing from classes may result in a balance on the student account. Excessive withdrawals may adversely affect satisfactory academic progress in accordance with the Rowan-Cabarrus Financial Aid Satisfactory Academic Progress Policy (SAP). The Financial Office will adjust your award pending changes made to your eligibility or the availability of funds.<\/p>\n<p>The Financial Aid Office will certify your enrollment status at the end of the add\/drop period for each semester. If you register for classes but do not attend beyond the add\/drop period, you must officially drop the course, or you may be responsible for all charges incurred. All awards will be adjusted at this time to reflect your actual enrollment status.<\/p>\n<p>You must be enrolled at least half-time (six credits) in order to be eligible for funding for College Work Study (CWS), the NC Scholarship and Supplemental Educational Opportunity Grant (SEOG). Financial Aid does not pay for audited classes or credit by exam.<\/p>\n<p><em>You are required to notify the financial aid office if you receive financial assistance such as a scholarship, grant or loan from an outside source since this may affect your eligibility for financial aid<\/em>. You must also notify the college if you change your name or address. The college will use your financial aid funds to pay for outstanding tuition, fees and other charges incurred. Remaining funds will be disbursed during the semester. False or incomplete information submitted by a student or on behalf of a student may result in the cancellation of\u00a0 award and may require repayment of part or all of the funds disbursed to the student. If you receive aid you are not entitled to, it will be your responsibility to repay those funds. If you are taking classes at two different colleges, you can only receive aid at one institution.<\/p>\n<p>Remedial credit hours attempted in the excess of 30 total semester hours cannot be counted toward enrollment status for any financial aid awarded. Financial aid will only pay for students to take a class twice once a passing grade is received.<\/p>\n<p>Award amounts are estimated and subject to change based on available funding and\/or regulatory changes.<\/p>\n<p>&nbsp;<\/p>\n<h2>Additional Information<\/h2>\n<ul>\n<li><a href=\"\/financialaid\/qualifying-for-financial-aid\/\">Qualifying for Financial Aid<\/a><\/li>\n<li><a href=\"\/financialaid\/satisfactory-academic-progress\/\">Satisfactory Academic Progress<\/a><\/li>\n<li><a href=\"\/financialaid\/satisfactory-academic-progress\/\">150 Percent Rule<\/a><\/li>\n<li><a href=\"\/financialaid\/financial-aid-warnings-probation\/\">Warnings and Probation<\/a><\/li>\n<li><a href=\"\/financialaid\/financial-aid-appeal-procedure\/\">Appeals Procedure<\/a><\/li>\n<li><a href=\"\/financialaid\/repayment-of-title-iv-funds\/\">Repayment of Title IV Funds<\/a><\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>About Financial Aid Financial Aid Directory Important Dates Forms Financial Aid Facts Types of Financial Aid Terms &amp; Conditions of Receiving Financial Aid Tuition &amp; Fees Net Price Calculator Frequently [&hellip;]<\/p>\n","protected":false},"author":118,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-105","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.rccc.edu\/financialaid\/wp-json\/wp\/v2\/pages\/105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rccc.edu\/financialaid\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.rccc.edu\/financialaid\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.rccc.edu\/financialaid\/wp-json\/wp\/v2\/users\/118"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rccc.edu\/financialaid\/wp-json\/wp\/v2\/comments?post=105"}],"version-history":[{"count":26,"href":"https:\/\/www.rccc.edu\/financialaid\/wp-json\/wp\/v2\/pages\/105\/revisions"}],"predecessor-version":[{"id":3017,"href":"https:\/\/www.rccc.edu\/financialaid\/wp-json\/wp\/v2\/pages\/105\/revisions\/3017"}],"wp:attachment":[{"href":"https:\/\/www.rccc.edu\/financialaid\/wp-json\/wp\/v2\/media?parent=105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}