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FAFSA Parent
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Dependent students must include parent information when completing the FAFSA. The following information should help students determine which individual(s) should be considered a "FAFSA parent". Dependent students must include information about all individuals identified as a FAFSA parent, regardless of financial support.
If your parents are living and married to each other, then both parents are considered FAFSA parents.
If your parent is widowed or single, that parent is your FAFSA parent.
If your parents are divorced or separated, the parent with whom you lived more during the past 12 months is your FAFSA parent. If you did not live with one parent more than the other, the parent who provided more financial support during the past 12 months, or during the most recent year that you actually received support, is the FAFSA parent.
In all situations, if the FAFSA parent is married, then the spouse (i.e. stepparent) is also considered the FAFSA parent, regardless of financial support.
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Return of Title IV Funds (R2T4)
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The Return of Title IV Funds policy applies only if the student completely terminates enrollment (i.e., cancels his/her registration, withdraws, or is dismissed) or stops attending classes before completing more than 60 percent of the enrollment period. The Return of Title IV Funds policy applies to federal student financial aid programs. The Office of the Treasurer will calculate the amount of a refund of fees for students who withdraw. Contact the Office of the Treasurer for specifics (843) 953-5572.
The amount of Title IV aid that a student must repay is determined via the Federal Formula for Return of Title IV Funds as specified in Section 484B of the Higher Education Act. This law also specifies the order of return of the Title IV funds to the program from which they were awarded. The amount of Title IV aid earned is determined by multiplying the total Title IV aid (other than Federal Work Study) for which the student is qualified by the percentage of time during the term that the student was enrolled. A repayment may be required when aid has been credited to a student's account from financial aid funds in excess of the amount of aid the student earned during the term.
If less aid was disbursed than was earned, the student may receive a late disbursement for the difference. If more aid was disbursed than was earned, the amount of Title IV aid that must be returned (i.e., that was unearned) is determined by subtracting the earned amount from the amount actually disbursed.
The responsibility for returning unearned aid is allocated between the College of Charleston and the student according to the portion of disbursed aid that could have been used to cover College of Charleston charges and the portion that could have been disbursed directly to the student once College of Charleston charges were covered. The College will distribute the unearned aid back to the Title IV programs as specified by law. The student will be billed for the amount the student owes to the Title IV programs and any amount due to the College resulting from the return of Title IV funds used to cover charges.
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Satisfactory Academic Progress Policy
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All Federal Financial Assistance Programs are authorized under Title IV of the Higher Education Act of 1965 as amended, and require the establishment of minimum standards of academic progress that students must meet to maintain general eligibility for financial aid.
The College of Charleston/University of Charleston, SC, Satisfactory Academic Progress (SAP) Policy for Financial Aid Eligibility applies to all aid programs administered by or through the Office of Financial Assistance & Veterans Affairs. These standards apply to all students seeking or receiving assistance whether or not aid may have been received previously. All students must be admitted to and eligible to enroll in an approved degree/certificate program of study. Non-degree students are not eligible for federal and state aid programs.
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Substance Abuse Arrests
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Individuals arrested for the possession or sale of any illegal drug or alcohol may become ineligible for various types of financial aid. Those individuals interested in specific information about state and federal guidelines concerning Substance Abuse Arrests can visit the College of Charleston's Better Things To Do website.
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Types of Federal Aid
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The Funding Education Beyond High School booklet, a free reference about financial aid from the U.S. Department of Education, contains information on the following programs:
Pell Grant, Supplemental Education Opportunity Grant (SEOG), Work Study, Community Service Employment, Perkins Loan, William D. Ford Student Loan Program, Direct Parental Loan (PLUS)
The Funding Education Beyond High School booklet can also be picked up from the College of Charleston's Office of Financial Assistance & Veterans Affairs or can be requested by contacting 1-800-4-FED-AID.
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Additional Information about Federal Aid
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Student Gateway to the U.S. Government
www.students.gov - Government based web site to assist students with federal services information.
FSA Student Portal
www.studentaid.ed.gov - Web site hosted by the Department of Education's office of Federal Student Aid. Provides information from preparing for college to repaying student loans and the steps in between.
Selective Service
www.sss.gov - All males over 18 must be registered with the selective service to receive Federal Financial Aid.
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