Financial Aid Policy:

Advanced College Policy and Procedures On Financial Aid Administration

Advanced College

Title: Advanced College Policy and Procedures

Document Title: Policy on Financial Aid Administration


INTRODUCTION

Advanced College (AC) is an eligible institution authorized by the Department of Education (ED) to enroll students and grant Financial Aid (Grant & Federal Loans) to those who qualify. This manual has specific policies related to AC’s practices on Financial Aid. The policy also describes the handling of the Return to Title IV for students who have withdrawn from a program.

OBJECTIVE

To identify the procedures in granting Financial Aid to student who is qualified, making sure the completeness and correctness of documentation submitted by each student. To identify processes in submitting FA documents to the third party servicer. To identify the processes when a student has not met satisfactory progress and has absent himself from classes (exceeding the allowable time) or when the student on his own volition requests withdrawal from the program.

SCOPE

POLICY STATEMENTS