Keeping Your Financial Aid
It is important to remember that keeping your financial aid is an ongoing process. Not only must you reapply for financial aid every year, but the Financial Aid Office must continually monitor your eligibility for aid.
Before each year of college, you can apply for federal grants, work-study, and loans with the Free Application for Federal Student Aid (FAFSA) form. GTCC uses your FAFSA data to determine your federal aid eligibility.
The Financial Aid Office is required to review your entire academic record (regardless of the age of the record or whether or not aid was received) to determine if you are in compliance. If you are not in compliance, you will be notified in writing of your denial / suspension and the appropriate appeal procedure.
Frequently Asked Questions
Students must understand the SAP Policy. If you do not meet these requirements, you can lose your financial aid eligibility. However, we’re aware that personal challenges can affect whether you maintain your good standing. If you lose your eligibility for financial aid due to poor progress, you can submit an appeal explaining these issues to the Financial Aid Office.
Click here for the GTCC SAP Policy
If you lose your financial aid eligibility, you may submit an appeal for consideration of the extenuating circumstances that may have affected your progress.
Your eligibility for aid will be based on the number of credit hours for which you are enrolled at the generic 10% point of the semester. There are many different scenarios in which an adjustment to your schedule will affect your financial aid. Be sure to speak with a financial aid advisor to determine if your aid is affected.
Yes. Financial aid will pay for the first 30 developmental credit hours attempted.
Yes, but once you receive a grade of ‘D’ or better, you can get aid only one more time for that course.
Your financial aid eligibility is contingent upon the number of credit hours you are enrolled in. For example, you must be enrolled in at least 6 credit hours to be eligible for your loan disbursements. Grants are typically subject to proration, meaning the amount of aid you receive is based on the number of credits you are enrolled. Be sure to speak with a financial aid advisor if you have any questions regarding your financial aid award.
If you withdraw from some, but not all, of your classes, the effect is likely minimal in terms of a financial aid refund. However, if you must withdraw from all coursework, you will likely owe a refund for a portion of the aid that you received. Please speak to a financial aid advisor to find out how these adjustments to your schedule will affect your aid and review our policy for more information.
Click here for a full breakdown of your rights and responsibilities as a student