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Financial aid: policies

Contact: Financial Aid office
WA 101
Phone extension 327

Financial Aid home

Financial Aid Programs

Financial Aid Policies

Financial Aid Procedures

Veterans' Benefits 

Affording Your Education

SPECIAL CIRCUMSTANCES

Eligibility is normally based upon the prior year’s income. Under certain circumstances, however, eligibility may be based on the current year income. Death of a parent or a spouse, separation or divorce of a parent or a spouse, loss or income due to natural disaster, or unemployment for ten weeks would allow one to file for special conditions a base eligibility on current year income. A student with one of these conditions should contact the Director of Financial Aid.


DEPENDENT / INDEPENDENT POLICY

The Federal Government has identified, for student financial assistance programs, certain categories of students who must be considered independent financial aid applicants. For 2011-2012, the student is considered an independent financial aid applicant if he or she meets one of the following criteria:

  • Was born before January 1, 1987

  • Is a veteran of the U.S. Armed Forces

  • Is an orphan or ward of the court

  • Has a legal dependent other than a spouse

  • Is a married student

An independent financial aid applicant is not required to submit parental information in the application process.

However, if the independent applicant is married, spousal information must be reported. A student who cannot meet at least one of the criteria is considered a dependent applicant and must provide parental information in the application process.
 

ENROLLMENT POLICY

Students must be enrolled or accepted for enrollment in a program leading to a degree or certificate from Northeast. Students admitted as special, temporary, transient, post-baccalaureate, and non-degree graduate do not meet this requirement. Students will not be paid retroactively for the terms for which they were classified as ineligible.

The list below can be used to determine your status.

Full-time = 12 – 25 plus semester hours
¾ time = 9 – 11 semester hours
½ time = 6 – 8 semester hours
¼ time = 1 – 5 semester hours


REQUIRED STANDARDS OF PROGRESS

To receive financial aid at Northeast Alabama Community College, a student must complete 66% of all attempted coursework at Northeast. Also, a student must maintain a minimum GPA of 1.5 for the first 24 semester hours, 1.75 on 25-48 semester hours, and a GPA of 2.00 on 49 semester hours and above.

Please refer to the Student Handbook for detailed Financial Aid Policies and Procedures.