NACC

Financial Aid Policies

Comprehensive Financial Aid Policies & Procedures Manual will be made available upon request.

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.

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 67% of all attempted coursework at Northeast. Also, a student must maintain a minimum GPA of 2.00.

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

Beginning Fall 2020: Financial Aid Satisfactory Academic Progress (SAP) Policy

According to 34 CFR 668-16(e), there are two major components of satisfactory academic progress: the qualitative component (cumulative in-program GPA) and quantitative component (timeframe of completion).

Qualitative –Grade Point Average (GPA):
Financial Aid recipients must maintain the following grade point averages (GPA) according to the number of hours attempted. This includes all hours attempted, whether or not financial aid was received or courses were successfully completed. Grades for developmental courses, incompletes, and periods where academic bankruptcy was applied must be factored into the GPA calculation. Grades of “W” will not be calculated into the GPA.

Repeated Courses: The first repeat shall not be factored into the GPA calculation; however, all additional attempts shall be factored into the GPA calculation. GPA is only calculated using coursework taken at NACC.

GPA requirements for long-term certificate and degree seeking students

  • If the student has attempted 0-21 hours, they must maintain a 1.5 GPA.
  • If the student has attempted 22-32 hours, they must maintain a 1.75 GPA
  • If the student has attempted 33 or more hours, they must maintain a 2.0 GPA.

GPA requirements for short-term certificate (24-29 credit hours) students

  • If the student has attempted 0-12 hours, they must maintain a 1.5 GPA.
  • If the student has attempted 13 or more hours, they must maintain a 2.0 GPA.

Quantitative – Pace of Progression Requirement (PACE):
All credit hours attempted by the student will be calculated in the completion rate which includes: Transfer courses accepted by the institution, developmental course, incompletes, periods where academic bankruptcy was applied, and forgiven courses.

Completion rate (attempted class hours) required by long-term certificate and degree seeking students

  • If the student has attempted 0-21 hours, they must maintain a 58% completion rate.
  • If the student has attempted 22-32 hours, they must maintain a 62% completion rate.
  • If the student has attempted 33 or more hours, they must maintain a 67% completion rate.

Completion rate (attempted class hours) required short-term certificate (24-29 credit hours) students

  • If the student has attempted 0-12… hours they must maintain a 58% completion rate.
  • If the student has attempted 13 or more… hours they must maintain a 67% completion rate.

Quantitative – Maximum Time-Frame (MAX):

  • The maximum timeframe for the completion of an undergraduate degree program is defined as no more than 150 percent of the normal timeframe required to complete the degree program. Example: For a degree programs that require 64 credit hours to graduate, maximum timeframe is 96 attempted credit hours.
  • All attempted courses, to include transfer credits accepted by the institution, incompletes, periods where Academic Bankruptcy was applied, forgiven courses, and developmental courses, must be factored into the calculation for Maximum Time Frame.

Non-Discrimination Policy

It is the official policy of the Alabama Community College System Board of Trustees and entities under its direction and control, including Northeast Alabama Community College, that no person shall be discriminated against on the basis of any impermissible criterion or characteristic, including, without limitation, race, color, national origin, religion, marital status, disability, sex, age, or any other protected class as defined by federal and state law. (Sources: ACCS Board of Trustees Policies 601.02 – 4/13/16 and 800.00 – 5/10/17).

Comments regarding Financial Aid should be addressed to Kip Williamson, Director of Financial Aid, at williamsonkip@nacc.edu or college phone extension 2253.

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