Financial Aid Policies
Satisfactory Academic Progress Requirements
The United States Department of Education requires standards of satisfactory progress for students who receive federal funds. Measures must include the student's total academic history, regardless of whether the student received financial aid. In compliance with federal regulations, College of the Mainland has established a policy applicable to all financial aid recipients including those who have accepted student loans and those who work on campus and are not eligible for federal funding.
Financial Aid Probation Appeals Procedure
The Financial Aid Appeals Committee meets every month (except December).
Meeting Schedule: The Appeals Committee meeting is usually scheduled for the second or third Friday of the month; however, depending on each member’s schedule, the meeting may be scheduled for other times in order to meet quorum. Once the meeting is set, the date and time will be displayed in the Student Financial Services Office and listed on the Colleg's homepage. Students may appeal their financial aid suspension and termination status when they have documented extenuating circumstances such as personal injury or illness, death in the immediate family or undue hardship.
Return of Title IV Funds
The Student Financial Services Office is required by federal statute to recalculate federal financial aid eligibility for students who withdraw, drop out, are dismissed or take a leave of absence prior to completing 60 percent of a payment period or term. Federal Title IV financial aid problems must be recalculated in these situations.
Read the following policy for detailed information: