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Tag: Financial Aid Eligibility

150 Percent Rule (Max Time Frame)

150 Percent (Max Time Frame) This regulation applies to all students, including those that have not previously received financial aid. For example, a student working toward an A.A. degree needs 60 hours to graduate. Once the student attempts 90 hours he/she is no longer eligible for financial aid. (60 hrs. x 150 percent = 90 [...]

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Financial Aid and Enrollment Frequently Asked Questions

What is an academic year? The academic year is defined as fall and spring semesters, with an optional summer. Fall semester begins in August and ends in December, spring semester begins in January and ends in May, and summer school starts in May and ends in July. Do I have to attend full-time to qualify [...]

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Financial Aid Appeals Procedure

Students terminated from financial aid assistance due to unsatisfactory standing may appeal if there are extenuating circumstances (medical or personal problems). To appeal, the student must complete and return the Appeal Form, Financial Aid Student Academic Plan form , and supporting documentation to the FAO. Students must submit these documents seven days prior to classes [...]

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Financial Aid Application Process Frequently Asked Questions

How do I apply for financial aid? Complete the Free Application for Federal Student Aid (FAFSA) or, if you are a continuing student, the Renewal Free Application for Federal Student Aid (RFAFSA). Either of these can be submitted between the January prior to the beginning of the academic year and June of the summer session [...]

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Financial Aid Warnings and Probation

Warning A student is placed on warning when SAP is not met: A student on probation may receive Financial Aid for their next enrollment term. The student must re-establish satisfactory academic progress during the warning term. Unsatisfactory A student who has previously been on warning status and has failed to maintain satisfactory academic progress will [...]

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Qualifying for Financial Aid

To be eligible for federal, state and institutional aid students must meet the following criteria Demonstrate financial need (may not be required for some institutional programs). Have a standard high school diploma, GED or ATB (Ability to Benefit) on file. Be enrolled in an associates degree or diploma degree program. Maintain satisfactory academic progress. Not [...]

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Satisfactory Academic Progress

Satisfactory Academic Progress Standards Students are only allowed to attempt a limited number of credit hours under federal financial aid guidelines. Credits may include college transfer credits, remedial credits and all other credits attempted at RCCC. All students receiving Title IV financial aid funds must meet Satisfactory Academic Progress (SAP) in order to receive Title [...]

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