"CO"
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Consumer Information
What is the limit that Parents can be awarded Parent PLUS Loans after July 1, 2026?
What is $65,000 lifetime, $20,000 maximum per year?
Does withdrawing for medical reasons make a difference in the process for financial aid?
What is No! Withdrawing from all of their courses after the last day to withdraw at 100% (before class starts) will result in an R2T4 calculation to return some of their aid. Also review SAP because it will go toward the calculations.
What are the 3 components of SAP?
Qualitative (GPA)
Quantitative (Incremental Progress 67%)
Timeframe
Does an incoming transient student need to do add GCSU to their FAFSA?
No, we do not need their FAFSA because we will not be awarding their federal aid.
Normally observed on September 17, a campus must hold an educational program concerning it.
What is Constitution Day?
What program is eliminated by the OBBBA?
What is Graduate PLUS loan?
At what percent of the semester do we not have to return aid?
What is 60%?
What are the parts of a SAP appeal form?
Extenuating Circumstances
Changes in Circumstances
3rd party documentation
Who should students contact if they believe a course should count and is showing it does not?
They must contact their academic advisor who must email Kay with that information. Alyson can ONLY override courses the Kay Anderson tells her to.
An individual who authorizes the use of FA-DDX and signs the FAFSA. Always includes the student.
What is a contributor?
A term that means a student remains qualified under loan limits prior to July 1, 2026.
What is Interim Exception?
Can we tell someone if they will owe a balance after they withdraw?
No. Because this calculation involves multiple offices and systems, we cannot do this calculation prior to them withdrawing.
What are the levels of appeal for SAP and when would a student go to the different levels?
Appeal to Director- 1st appeal
Appeal to FAIR Committee- 2nd appeal if denied by director or didn't meet stipulations of 1st
Appeal to AVP- denied by FAIR or didn't meet stipulations of 2nd
What should an incoming transient student do to receive federal aid?
Go through their home institution to get their consortium agreement. Send that agreement to our office and AFTER drop/add is over Alyson will fill it out and send it to the home institution for them to award and disburse federal aid.
Estimate of total expenses that a student may incur. Includes direct and indirect costs.
What is the COA, Cost of Attendance?
This Department of Education term refers to the requirement of schools to proportionally reduce annual borrowing limits when students enroll less than full time
What is SOR- Schedule of Reductions?
What things should be checked when advising a student about any withdrawal?
SAP
HOPE Hours
SOR for below full time
What are the steps to follow when a student is approved on an Academic Plan?
Student receives approval and plan in their email. Student signs academic plan and emails it back to FA. Advisor gives the signed plan to Carla to award the student. Carla has it scanned in Xtender.
How many times can a student repeat a course and receive federal aid?
Once they pass the course they can receive aid for that course 1 more time. D or better is passing.
This term describes data that disagrees, raises questions about eligibility, and guarantees extra documentation requests.
What is conflicting information?
A new mandatory total lifetime borrowing limit of this exact amount across all federal student loans.
What is $257,500?
What are the steps taken when a student withdrawals completely after the first day of class?
The Business office calculates how much tuition and fees they have incurred. Housing prorates housing and meal plans. Financial aid does a calculation (one for federal and one for state) to determine how much aid they earned during the time they were enrolled.
In what circumstances does the SAP calculation start over?
When a student goes from undergrad to grad, or starts a new grad program. This does not apply to changing major as an undergrad.
What should you never do when it comes to CPOS?
Tell a student that the reason their aid is not disbursing is because their courses don't go toward their degree unless you have confirmed that CPOS has been ran and went through and SFASCRE is showing NO for count toward program. Have checked all other reasons aid could be not disbursing (such as not originated, verification, etc).