Issue link: https://www.e-digitaleditions.com/i/1293193
Student Services 2020-2021 days of your program before you withdraw, you will not receive any FFEL or Direct Loan funds that you would have received had you remained enrolled past the 30th day. If you receive (or your school) excess Title IV program funds that must be returned, your school must return a portion of the excess equal to the lesser of the following: 1. Your institutional charges multiplied by the unearned percentage of your funds, OR 2. The entire amount of excess funds. The school must return this amount even if it did not keep this amount of your Title IV program funds. If your school is not required to return all of the excess funds, you must return the remaining amount. Any loan funds that you must return, you (or your parent) for a PLUS Loan repay, in accordance with the terms of the promissory note, that is, you make scheduled payments to the holder of the loan over a period of time. Any amount of unearned grant funds that you must return is called an overpayment. The maximum amount of a grant overpayment that you must repay is half of the grant funds you received or were scheduled to receive. You must make arrangements with your school or the Department of Education to return the unearned grant funds. The requirements for Title IV program funds when you withdraw are separate from any refund policy that your school may have. Therefore, you may still owe funds to the school to cover unpaid institutional charges. You will be charged for any Title IV program funds you received, and that GateWay was required to return. Maricopa Community Colleges Standards of Satisfactory Academic Progress (SAP) for Financial Aid Eligibility To remain eligible for federal and state aid programs, students must meet all of MCCCD's Satisfactory Academic Progress (SAP) standards regardless of whether a student has received financial aid in the past or not. These standards apply to a student's entire academic records at any MCCCD college, including transfer credit hours accepted by the college. 1. Definitions and Terminology Pertaining to this Policy: a. Summer: Enrollment in the summer semester includes all courses scheduled within the summer enrollment period with all coursework counted in the SAP evaluation. b. Non-Standard Session / Clock Hour: Sessions that do not follow the traditional start and end dates for the semester. c. Attempted Credit: Any credit for which a grade of A, B, C, D, F, I, IP, N, P, W, Y, or Z is received, and courses not yet graded. d. CGPA [Cumulative Grade Point Average]: The MCCCD grading policy is published in the administrative regulations at 2.3.3. The CGPA does not include credits accepted in transfer. e. Financial Aid Warning: status assigned to an eligible payment period for the next enrolled semester after failing SAP GPA (2.0) and/or Completion Pace (⅔). Students not meeting maximum timeframe evaluation are not eligible for a warning period. f. Appeal: A process by which a student who is not meeting the institution's satisfactory academic progress standards is eligible to appeal the institution for reconsideration of the student's eligibility for title IV, HEA program assistance based on extenuating circumstances. g. Extenuating Circumstance: A one-time (not on-going) circumstance that is beyond the reasonable control of the student. h. Financial Aid Probation: A status assigned by an institution to a student who fails to make satisfactory academic progress and who has appealed and has had eligibility for aid reinstated. A student in this status may not receive title IV, HEA program funds for the subsequent payment period unless the student makes satisfactory academic progress or the institution determines that the student met the requirements specified by the institution in the academic plan for the student. i. Academic Plan – A plan developed through the SAP Appeal Process which will lead a student to qualify for further title IV, HEA program funds and complete the program within 150% of published program length. j. Financial Aid Suspension – The status assigned upon failing to meet the minimum SAP standards or the terms of probationary status. Students in this status are not eligible to receive title IV, HEA assistance. 2. Federal regulations (CFR 668.32(f) and 668.34) require institutions of higher education to evaluate Satisfactory 33