The abbreviation for Satisfactory Academic Progress
What is SAP?
100
The earliest you are able to start filling out the FAFSA
What is January 1st?
100
Complete federal tax return(s) and submit the FAFSA by this month
What is February?
100
A dependent freshman's maximum Stafford Loan borrowing amount
What is $5500?
100
All student should contact this Financial Aid Counselor
Who is Lisa Williamson?
200
When SAP standards will be reviewed by Financial Aid
What every semester?
200
The FAFSA is required to receive these federal awards
What is Pell Grant, SEOG & Student loans
200
The $500 church contribution must be received to participate in the Church Matching Scholarship Program for students attending fall and spring semesters by this date
What is May 15th?
200
The federal government pays the interest on this Stafford Loan while you are in school
What is Subsidized Stafford Loan?
200
Where can you view your award letter
What is Net Partner?
300
The reason financial aid reviews SAP standards
What is required by law?
300
The FAFSA needs to be completed this often
What is every year?
300
Financial Aid File should be completed by this date
What is June 15th?
300
An online form that must be completed by student and/or parent in order to obtain a student loan
What is Master Promissory Note (MPN)?
300
The college's online site where you can view your student account balance
What is CRIS?
400
Cumulative GPA, hours earned, hours attempted and degree being earned
What is the information reviewed for SAP?
400
This will allow FAFSA applicants to import their income and tax data from the IRS
What is the IRS Data Retrieval Tool?
400
Your student account for fall must be settled by this date to receive a discount.
What is July 15th?
400
Online process that Stafford Loan borrowers must complete when he/she withdrawals, graduates, or drops below six hours to inform the student of rights and responsibilities as a borrower
What is Exit Counseling?
400
The required GPA to maintain your academic scholarship
What is 2.0 or higher?
500
SAP standards must be met each school year to receive this
What is financial aid?
500
Approximately 30% of all Free Applications for Federal Student Aid are selected for this process
What is verification?
500
Student’s account must be settled (paid in full) for the fall semester by this date to prevent finance charges from being placed on their account
What is August 1st?
500
Time frame before Stafford loan payments are required to be paid
What is six months (after graduating, withdrawing, or drop below six hours)?
500
A need-based program awarded to students that is not applied to their school bill and cannot be used to settle their account