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FINANCIAL AID
Additional Information and Requirements
Financial Aid Suspension. Students who do not meet eligibility standards
shall be suspended from federal financial aid until they have regained
eligibility in accordance with the Academic Standards of Progress. (See FEDERAL
PROGRAMS eligibility criteria listed under Standards of Satisfactory Progress
on
Previous Page in this section for more information.)
Notification. The Financial Aid Office will send a letter to all current
financial aid recipients who are to be suspended. This letter goes to students
not meeting standards of satisfactory progress or academic good standing.
Suspended students will not receive financial aid for the following semester
even if already enrolled. The notice will be addressed to the student's most
current local address on file with the Office of Enrollment Services. IT SHALL
BE THE RESPONSIBILITY OF THE STUDENT TO KEEP OWCC INFORMED OF A CORRECT MAILING
ADDRESS AT ALL TIMES. The cost of enrollment during financial aid ineligibility
must be borne by the student. Financial aid will not be available.
Reinstatement and Appeals Process. A student who loses eligibility has
an opportunity to appeal through an appeal process. The appeal must be
submitted to the Director of Financial Aid IN WRITING by the student. (Special
appeals forms are available in the Financial Aid Office.) Members of the
Student Financial Aid Committee will act as an appeals committee. The appellant
is required to provide documentation as necessary for determination of
financial aid eligibility and shall fulfill reasonable requests by the
committee with reference to time of meeting, personal appearance, and
supporting evidence. The committee will determine if mitigating circumstances
exist. Mitigating circumstances are defined as:
-
Death of a close relative affecting the student's academic performance.
- Illness of the student or close family member having direct effect
upon the academic record.
- Poor past record resulting from youthful carelessness, social or
psychological immaturity.
- Special circumstances of a substantial nature or of a unique kind
as determined by the committee.
If mitigating circumstances are found to exist, the student may be restored to
satisfactory academic standing for one semester after which the general
standards will apply. Further restoration to satisfactory standing may occur
only if progress during the intervening semester(s) clearly gives sound,
documented evidence of progress. Progress must be acceptable to the appeals
committee.
Incompletes. A student who carries a recorded "Incomplete" at the time
of evaluation will be given a one-semester grace period when meeting
eligibility requirements and Standards of Progress. The student's record will
be held in suspense, and a re-evaluation will be made at the end of the next
semester for which the student is enrolled. If the "Incomplete" has not been
changed to a letter grade at the time of re-evaluation and the Office of
Enrollment Services has not been notified of an extension, the student will be
assigned a grade of "F." Such a grade may readily contribute to suspension of
financial aid eligibility.
Repeated Courses. A student may use financial aid to repeat a course in
which an "N", "D", or "F" has been earned. A student may not repeat a course
for credit in which a grade of "C" or better was earned (unless permission of
the Vice President for Instruction is obtained). The student may improve a
grade in a course and the repeat credit(s) will be included in the total number
of credits when determining enrollment status. The student must be making
satisfactory progress.
Remedial Courses. Okaloosa-Walton Community College approves remedial
courses for the use of financial aid and includes remedial courses where
necessary when determining a student's enrollment status. Admission placement
testing requirements will determine if remedial courses are needed in a
student's degree program.
Verification. The U. S. Department of Education randomly flags a
student's Student Aid Report (SAR) for verification. Students selected must
provide all the necessary documents needed for this process (i.e. income tax
forms, W-2 forms). Okaloosa-Walton Community College's Financial Aid Office
retains the right to request supporting documents it deems necessary from any
student to determine financial aid eligibility. For this reason, OWCC suggests
that students do not file financial aid applications until the tax forms for
the family are complete and correct. Inaccurate estimates of income and taxes
paid may require extensive processing delays and verification of corrected
data. All financial information reported MUST BE CORRECT. Penalties or delays
may occur if the data is incorrect or incomplete.
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