Crowley’s Ridge College offers financial assistance to qualifying students through Federal, State, private, and institutionally-funded programs. The office of Student Financial Services will make every effort to assist each student in meeting the cost of education through grants, scholarships, employment, and loans.
CRC awards financial assistance on the basis of verified financial need or merit and does not unlawfully discriminate on the basis of race, color, national or ethnic origin, religion, sex, disability, or prior military service. CRC utilizes the Free Application for Federal Student Aid (FAFSA) for determining if a student has a financial need that can be met from federal, state, or institutional funds. These forms are available from high schools or CRC Admissions and Financial Assistance offices. Students also may fill out the FAFSA online at http://www.fafsa.ed.gov. All students seeking financial assistance must complete the Free Application for Federal Student Aid.
It is very important that all students applying for financial assistance complete and submit financial assistance forms as early as possible.
Applications received late may not receive as much assistance as earlier applications due to depleted resources. Completed applications will be reviewed and an award letter will be sent to students determined to have a need for funds for educational purposes.
To be eligible for Federal and State funded programs, the student must satisfy each of the following seven criteria:
Federal financial aid funds are awarded with the understanding that students will make academic progress toward the completion of a degree or certificate. Crowley’s Ridge College, as directed by the U. S. Department of Higher Education, has established guidelines and procedures to ensure that students receiving federal financial aid are maintaining Satisfactory Academic Progress (SAP). Both the Qualitative Standards and the Quantitative Standards must be met in order to receive federal financial aid.
Students will be required to maintain at least a minimum GPA of 2.00 based on standard college hours completed with a grade of A, B, C, D, or F.
A student who fails to maintain the required 2.00 GPA for the number of hours completed will be placed on Financial aid Warning. The student will continue to be eligible for financial aid while on Financial Aid Warning. Students who fail to meet the required GPA by the end of the warning period will be placed on Financial Aid Suspension. Students on financial aid suspension are not eligible for federal, state, or institutional financial aid.
Students must complete, with a passing grade, 67% of their attempted hours.
Definition of attempted hours:
A student who fails to maintain the required (67%) quantitative standard will be placed on Financial Aid Warning. The student will continue to be eligible for financial aid while on Financial Aid Warning. Students who fail to meet the required quantitative standard by the end of the warning period will be placed on Financial Aid Suspension. Students on financial aid suspension are not eligible for federal, state, or institutional financial aid.
Students on financial aid suspension are not eligible for federal, state, or institutional financial aid.
The maximum time frame for which a student may receive financial assistance may not exceed 150% of the published length of the program measured in credit hours.
Transfer credits are subject to the same Standards of SAP.
A grade of I (Incomplete) will count as credits attempted, but not toward GPA. When the course is completed, it will then count towards GPA.
A grade of W (Withdraw) will count as credits attempted, but not toward GPA.
A grade of WF (Withdraw Failing) will count as credits attempted and toward GPA.
Repeated courses will count as credits attempted, but not toward GPA.
Although credits are assigned to Noncredit Developmental Courses to determine enrollment status, neither the credit hours nor grade will be counted toward SAP.
Credits acquired during summer terms are subject to the same Standards of SAP.
The academic records of all students who are receiving or applying for financial aid will be reviewed each semester by the Director of Student Financial Services. Students who fail to meet the Standards of SAP will be notified in writing that they have been placed on financial aid probation and are in jeopardy of losing their financial aid. The notification will include a copy of the CRC Standards of SAP, details of their specific deficiency, and contact information.
Students who wish to appeal their loss of financial aid eligibility (financial aid suspension) because of failure to meet the above requirements must complete the following within 2 weeks of notification of loss of eligibility.
Students will be notified in writing of the outcome of their appeal. If an appeal is approved, the student will be placed on financial aid probation. If they do not meet the SAP requirements by the end of the semester, they will be placed on academic suspension and will be ineligible for financial aid.
If an appeal is denied, the student will remain on financial aid suspension until the required Standards of SAP are met. While on financial aid suspension, the student is not eligible for federal, state, or institutional financial aid and will be responsible for their direct cost of attending CRC.
Please note, only one appeal will be granted, whether based on qualitative or quantitative standards. Students who are not granted an appeal or have already used their appeal will regain eligibility for financial aid once the qualitative and quantitative Standards of Satisfactory Academic Progress are met.
The Director of Student Financial Services will provide to the student a letter explaining exactly what will be required to regain financial aid eligibility.
Students who receive Title IV financial aid (federal loans, federal grants, etc.) and are dismissed, withdraw, or drop out are subject to a calculation to determine the amount of federal aid that was “earned” and “unearned” for the semester.
The earned aid is calculated by comparing the number of days completed against the total days in the semester (including weekends). For example, if a student completed 35 days of a 116 day semester, the student will have earned 30% of total aid eligibility. Once the student has completed at least 60% of the semester, all aid is considered earned.
If total federal aid disbursements are less than the amount earned by the student, the student or parent (in the case of a parent loan) will be eligible for a post-withdrawal disbursement. Borrowers eligible for a post-withdrawal disbursement will be notified of their eligibility within 45 days and must respond to the aid offer within 14 days.
If total federal aid disbursements are greater than the amount earned by the student, the student will owe a balance to CRC and/or the federal government. The unearned Title IV Funds to be returned by CRC, will be returned to the appropriate Title IV programs within 45 days of the withdrawal date, in the following order:
To officially withdraw from CRC a student must submit a written request to the Registrar. Students that stop attending classes without withdrawing will be considered unofficially withdrawn. The withdrawal date for all unofficial withdrawals will be the latest date the student was dropped from a class because of excessive absentees.
All students who have been subjected to the return of Title IV Aid calculation will be notified of the outcome within 45 days. The notification will explain in detail if the student is due a post-withdrawal disbursement, what CRC returned to the Title IV programs, what the student owes CRC and what the student owes to a Title IV program.
Our team is trained and ready to assist you with financial aid questions. For questions we cannot answer, we will research the query and follow up with you and explain our findings.
Financial Aid / Admissions Director
sebeasley@crc.edu
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