SAP for Financial Aid
The Higher Education Act of 1965, as amended by Congress, mandates that institutions of higher education establish standards of “satisfactory academic Progress” (SAP) for students receiving federal financial aid. These standards apply to all Federal Title IV aid programs. The Satisfactory Academic Progress (SAP) standards apply to all students seeki...
10 min reading time 71 views 0 likesFraud/Identity Theft
When students call and say they think their identity has been stolen, we can give the student this link to report.• ED’s Office of Inspector General Fraud Hotline Here are some other places that a student may want to look in to when reporting that their identity may have been stolen. Report Identity Theft If you suspect that your student informat...
0 min reading time 1959 views 0 likesRequesting a Direct Loan through CCAC Self-Service
Check to see if you have completed ALL requirements prior to making your request Are you registered for a minimum of 6 credits for the semester you are requesting a loan? Have you completed your Master Promissory Note (MPN) or had a previous Federal Direct loan within 10 years? Have you completed your Entrance Counseling (EC) or had a previous Direc...
1 min reading time 9752 views 4 likesStudent Loan Delinquency and Default
Federal Loan Delinquency The first day after you miss a student loan payment, your loan becomes past due, or delinquent. If you are delinquent on your student loan payment for 90 days or more, your loan servicer will report the delinquency to the three major national credit bureaus What are the consequences of being delinquent? It can cause a poor ...
3 min reading time 8172 views 2 likesAcceptable Documentation for Proof of Citizenship
Providing Documentation of Citizenship The student’s MOST RECENTLY obtained document of citizenship from the list below is what MUST be used to complete verification For example, if a student had an I-94 but more recently obtained a permanent resident card, they must submit the permanent resident card. Also, make sure to scan the front and back of ...
1 min reading time 10115 views 0 likesFinancial Aid Citizenship Guide
A student is NOT eligible for Federal Financial Aid if they have Citizenship Status that falls under one of the following categories below or if they are in the approval process for applying for permanent residence but have not received official confirmation of permanent residence status. A nonimmigrant visa holder A U-Visa holder A temporary reside...
1 min reading time 5993 views 0 likesFrequently Asked Questions for Filling Out Financial Aid Forms
Below are some frequently asked questions about providing CCAC information Verification is a process used to verify certain information on the FAFSA to ensure its accuracy. The Department of Education or CCAC may, at any time, select your application for verification based upon the information you provided. CCAC is required to make sure that all aid...
2 min reading time 8043 views 0 likesFrequently Asked Questions for the PA State Grant
PA STATE GRANT A grant is a type of financial aid award that you don't need to repay, as long as you meet all of the eligibility requirements: Completed your FAFSA by May 1st of the year prior to awarding Demonstrate financial need as determined by the FAFSA An undergraduate student enrolled in an Associate Degree program Maintain satisfactory acad...
3 min reading time 13675 views 0 likesRequesting a Direct Parent Plus Loan
Am I eligible for a Federal Parent Plus loan? To receive a parent PLUS loan, you MUST be the biological or adoptive parent (or in some cases, the stepparent) of a dependent undergraduate student enrolled at least half-time at an eligible school not have an adverse credit history (unless you meet certain additional requirements) meet the general elig...
1 min reading time 7791 views 1 likesFilling Out Financial Aid Forms
There are some instances that require multiple parties to provide information and/or sign a document Examples of that situation may include but are not limited to: A Dependent Student that requires parent information and signature on the Verification Form Providing a FERPA form to allow 3rd party access to CCAC information Requirement of spouse's in...
1 min reading time 12276 views 3 likes