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FINANCIAL AID
Deadlines for Applying
for Financial Aid at OWCC
Applications for financial aid should be made well in advance of registration.
The PRIORITY CONSIDERATION DEADLINES for applying for financial aid at OWCC for
1998-99 by semester are:
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Fall Semester
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April 1,1998
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Spring Semester
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October 1, 1998
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Summer Semester
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February 1, 1999
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STUDENTS NOT MEETING THE PRIORITY DEADLINE MAY STILL QUALIFY FOR FINANCIAL AID
BUT MAY EXPERIENCE LENGTHY DELAYS IN RECEIVING FINANCIAL AID.
The absolute deadline for determining enrollment status (i.e. part-time,
three-quarter time, or full-time) is the advertised "last day to register" day
within each of the three main semesters - Fall, Spring or Summer. (These dates
are listed in the Schedule of Classes each semester and the calendar section of
this catalog.)
All applications for the Florida Student Assistance Grant for the 1998-99
academic year must be in Tallahassee no later than the advertised deadline on
the application form. All applications for the College Work Study Program and
the Supplemental Education Opportunity Grant dated prior to April 1, 1998 will
be given first priority in determining eligibility.
Enrollment Status
The amount of aid a student is eligible to receive at OWCC is dependent on the
student's enrollment status, each semester, based on the following table:
Full-Time
Enrollment: 12 or more semester hours
Three-Quarter Time
Enrollment: 9-11 semester hours
Half-Time
Enrollment: 6-8 semester hours
Less Than Half-Time
Enrollment: 1-5 semester hours
Financial aid award status (full-time, three-quarters time, or half-time) will
be based on the number of credit hours at the END OF LATE REGISTRATION FOR EACH
SEMESTER. For award letters sent after these dates, status will be determined
by the number of credit hours in which a student is enrolled at the time the
award letter is sent. If not enrolled for the appropriate number of credit
hours at that time, a student's award will be revised downward to reflect this
change. Awards will not be revised upward if students add classes after the end
of late registration. (NOTE: The end of registration is considered to be the
last day to register for the three main semesters (Fall, Spring and Summer) as
listed in the College Catalog. These dates are firm. The financial aid deadline
for Term II is the Summer Semester last day to register.
Student Eligibility
FEDERAL PROGRAMS
For a student to be eligible for federal financial aid at OWCC -
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A student must be a regular student, accepted for enrollment in a PROGRAM
OF STUDY, and
- A student must be a U.S. CITIZEN, or an eligible non-citizen, and
- A student must maintain a STANDARD OF SATISFACTORY PROGRESS and
ACADEMIC GOOD STANDING which includes the following three factors:
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Satisfactory grade point average on all college work. OWCC uses the
following scale in determining eligibility:
Earned Semester Hours Grade Point Average
0-11 n/a
12-23 1.50
24-35 1.70
36-47 1.80
48-59 1.90
60 + 2.00
- A maximum time-frame in which the student must complete his or her
educational objective, degree or certification. OWCC places a limit of 90
semester hours (or 150% completion rate on a 60 semester hour program. NOTE:
90 semester hours will include OWCC hours + transfer hours - whether or
not financial aid was received.)
- Progression within the time-frame towards adequate completion of
coursework. OWCC requires students to successfully complete (A, B, C or D)
67% of all course-work attempted at OWCC.
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A student must NOT OWE A REFUND or REPAYMENT on a federal grant at any
institution, and
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A student must NOT BE IN DEFAULT on a federally-funded or insured student
loan.
STATE OF FLORIDA PROGRAMS
For a student to be eligible for State of Florida financial aid (i.e. FSAG) at
OWCC -
- A student must have demonstrated a FINANCIAL NEED (Complete the
FASFA application), and
- A student must have met the ADVERTISED DEADLINE, and
- A student must have been a RESIDENT OF FLORIDA for one-year, and
- A student must have a 2.0 or higher GRADE POINT AVERAGE on all previous
college work, and
- A student must have earned 24 SEMESTER HOURS of college work during the
terms of the academic year in which aid was received, and
- A student must enroll as a full-time student (minimum 12 semester
hours).
NOTE: An applicant who believes State financial aid has been wrongly denied has
certain rights to appeal. The applicant may appeal if he believes the
Department of Education has made an error in determining eligibility or in
failing to transfer an award. Detailed information about filing an appeal is
available from the OWCC Financial Aid Office.
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