OFTC - FY13 Handbook A Unit of the Technical College ... - OFTC.edu

- 42 - OFTC - FY13 Handbook
Refund Policy
Students who officially withdraw from a course by the end of the
third instructional day of the semester will receive no grade for the
course and will receive a 100% refund of applicable tuition and
refundable fees. Students who withdraw from a course after the
end of the third instructional day of the semester shall receive an
appropriate W grade and shall receive no refund of tuition and
fees. Refunds, when due, will be made by check to the address
shown as the student’s official home of record on the student
record, within 30 days of the last day of a student’s attendance
if written notification has been provided by the student, or from
the date the College terminates or determines withdrawal by
the student in lieu of written notification. Students should notify
their instructor to formally withdraw from a course or the College.
Financial aid recipients, please refer to the financial aid policy.
REFUNDS OF TEXT BOOKS
Refunds will be issued for textbooks if the student has a receipt
from the bookstore, the refund is requested within 5 class days
of the date on the receipt, and the book is not written in and is in
perfect condition.
Financial Aid Information
Oconee Fall Line Technical College offers a comprehensive
program of financial aid for students enrolled to earn a degree,
diploma or a certificate. The various financial aid programs are
funded by Federal and state funds.
ELIGIBILITY REQUIREMENTS
To qualify for Federal financial aid (Pell Grant, FSEOG, and
FWS), a student must complete and sign a Free Application for
Federal Student Aid (FAFSA) annually and provide the financial
aid office with verification documentation as required. A student
must also:
• Have a high school diploma, a GED, or meet the Ability to
Benefit requirements
• Be registered with Selective Service, if required
• Be a U.S. Citizen or an eligible non-citizen
• Be enrolled as a regular student in an eligible program
• Not be in default on a student loan nor owe a refund on a
Title IV program
• Be making satisfactory academic progress in accordance
with policy
• Be a legal Georgia resident for state aid
• Have a valid social security number
• Have resolved any drug conviction issue according to state
and Federal regulations
Types Of Financial Aid
TITLE IV FUNDS
Title IV Funds equire the completion of a FAFSA and enrollment
in an eligible degree, diploma or certain certificate programs.
Each course within all of OFTC Technical College’s diploma/
certificate level programs is acceptable for full credit toward
General Elective hours for the Associate Degree of Applied
Science in Accounting degree.
Federal PELL Grant
The Federal Pell Grant is a Title IV Program, based on need,
for full-time and part-time students enrolled in a Title IV eligible
program, who have not previously earned a bachelor’s degree.
The student does not normally repay Pell Grant. The amount
of Pell awarded is based on the Expected Family Contribution
(EFC) shown on the student’s SAR/ISIR (which is the result of
completing a Federal Financial Aid Form - FAFSA), the cost of
attendance, and the student’s enrollment and class load each
semester.
Students receive their Pell Grant awards on a semester basis.
The Pell award is available to help pay for book costs and tuition
not covered by other sources and the amount remaining is paid
to the student after balancing is complete for each term. If the
student totally withdraws from school during a semester, the Pell
award amount for the withdrawal term is adjusted, according to
Federal Financial Aid policy, by multiplying the percentage of days
attended times by the Pell Award. Pell may be applied for via the
Free Application for Federal Student Aid (FAFSA) either online at
www.fafsa.gov or by completing paper application and returning to
the FAO or mailing the form to the Federal Student Aid Programs,
POB 7001, Mt. Vernon, Ill. 62864-0071.
FWS (Federal Work Study)
FWS is a Title IV Program awarded on a first-come, first-served
basis to the neediest students. Title IV eligible students are
awarded the maximum amount they can earn; however, the
actual amount they receive is calculated by the number of hours
they actually work times accepted wage. Normally FWS jobs
are on campus and students can only work hours they are NOT
scheduled to be in class. FWS cannot be used for internship
credit. Students must submit a FWS Application to the Student
Affairs Office and be interviewed by a potential supervisor prior
to beginning work. FWS students are paid monthly for the actual
hours worked.
Federal Supplemental Educational
Opportunity Grant (SEOG)
SEOG is a Title IV need based grant given to students with the
lowest EFC who receive Pell. FSEOG is awarded on a first-come,
first-served basis.