Financial Aid Terms
What is COE?
Cost of Attendance
Type of aid that typically does not have to be paid back.
Grants, scholarships
The date fall tuition is due.
August 1
What is SAP?
Satisfactory academic progress
What is EFC?
Expected Family Contribution
Type of aid that does have to be paid back.
Loans
The amount of late fee if fee bill not paid by due date.
$150
Percentage of courses students must successfully complete to remain in good SAP.
75% (Pace)
What is FAFSA?
Free Application for Federal Student Aid
The grace period for loans to be repaid after graduation.
6 months
Tuition, fees, room, meal plan
Minimum grade point average to remain in good standing.
2.0
What is FERPA?
Family Educational Rights and Privacy Act
Must be paid back even if student does not graduate.
Federal loans
A charge that can be waived on Fee Bill.
Health Waiver
A written request to have financial aid continue after being cited for poor SAP.
SAP appeal