|
General Policies
Evening division students are eligible to apply for Pennsylvania State
grants, Pell grants, and Stafford loans. Students must file the Free
Application for Federal Student Aid (FAFSA). Because of the discounted
tuition in the Continuing Studies Division, students are not eligible for
Alvernia College aid.
Students must be accepted in a degree program to be eligible for financial
aid. This
form is available in the Continuing Studies Division, an academic year consists
of four eight-week modules.
Pennsylvania State Grant
For the Pennsylvania State Grant, the first "semester consists
of modules 1 and 2 and the second "semester" consists
of modules 3 and 4. Grants are credited twice during the academic year:
after the add/drop period of the second module of each "semester." If
students have not used up all of their Pell Grant eligibility in the first
and second semesters, they may receive a state grant in the summer. These
forms are available in April. Grants are credited after the add/drop
period of the second module each "semester."
Full time status: To receive a full time state grant, a student must
enroll in a total of 12 credits in each "semester."
Part time status: To receive a part time state grant, a student must
enroll in at least 6 credits in each "semester."
Pell Grant
For the Pell Grant, the first "semester" consists of
modules 1 and 2 and the second "semester" consists
of modules 3 and 4. Grants are credited twice during the academic year:
after the add/drop period of the second module of each "semester." If
students have not used up all of their Pell Grant eligibility in the first
and second semesters, they may receive the remainder in modules 5 and 6.
Stafford Loan and Unsubsidized Stafford Loan
Loan applications will be mailed from the Pennsylvania Higher Education Assistance
Agency (PHEAA) after the student completes a FAFSA. Loans will be certified
on a case-by-case basis depending upon the academic level and transfer credits
of the student. Annual loan terms for Stafford and Unsubsidized
Stafford Loans are based on a minimum of 4 modules per year. In order
to make progress, students who receive maximum loan eligibility during this
period must complete a minimum of 24 credits before they are eligible for
another loan maximum. For certification of loans, six credits per
module is considered full time and three credits per module is considered
half time. In all cases, students must be making satisfactory progress
(see "Academic Progress Standards") toward a degree before they
eligible for another loan.
Deferment and Out-of-School Policy
For deferment purposes, six credits per module is considered full time and
three credits per module is considered half time. Enrollment status
if verified throughout the year and is reported to a clearinghouse by the
Registrar's Office. A student will be reported out-of-school to his
or her lender if he or she does not enroll for two consecutive modules.
Academic Progress Standards
To maintain eligibility for financial aid, Continuing Studies Division students
must follow the Financial Aid Academic Progress Standards. In order
to make progress, students receiving maximum loan eligibility must complete
a minimum of 24 credits before they are eligible for another loan maximum. Pell
and Pennsylvania State Grant recipients must complete credits attempted and
achieve a certain GPA. These standards are available in the Financial
Aid Office and are distributed to every student who applies for financial
aid.
If you have any questions, please contact:
Alvernia College
Financial Aid Office
(610) 796-8356
Updated:
September 6, 2005
Your comments
are welcome.
|