Student Handbook - Hillsborough Community College

Summer 2011 Due Date:The financial aid application due date for the summer 2011 term is April 1, 2011.Students registering for classes from May 16-20, 2011, must pay, sign up for the TIPSprogram, or receive a deferment on the same day of registration. Otherwise, yourcourses will be removed due to non-payment.Year Round Pell GrantThe Higher Education Opportunity Act (HEOA) now permits students to receive twoscheduled Pell Grant awards in the same academic year. Students who received theirfull scheduled Pell Grant in the fall and spring terms may now be eligible to receiveadditional Pell Grant funds for the summer. To receive the additional Pell Grant awardyou must be enrolled in a minimum of six (6) credit hours in the summer term.Beginning Fall 2010, HCC will switch from the Federal FamilyEducation Loan Program to the Direct Loan Program.Stafford and PLUS Loans provided to students by HCC will be processed as FederalDirect Loans and guaranteed by the U.S. Department of Education commencing thefall 2010 term. What does this mean to students?1. Students will no longer have to select a lender. The U.S. Department of Education(referred hereto as U.S. DOE) is the lender and the guarantor for all Direct Loans.2. All students must complete a new Master Promissory Note with the U.S. DOE.3. Maximum loan amounts are the same as the Federal Family Education Loans.4. An entrance counseling session remains required for all new borrowers at HCC.5. The initial disbursement for first-time borrowers at HCC will be released 30 daysafter the first day of classes.Please see the Financial Aid webpage for more details.162