If you do not meet the minimum requirements for SAP you are not eligible for additional or future financial aid. Aid awarded may be revoked if SFC later determines you were not eligible. SFC sends a separate notification when you are in a probation or suspension status.
If suspended from financial aid, you may submit a written appeal to SFC documenting the extenuating circumstances that affected your academic performance.
If an appeal is approved, you may continue to receive financial aid for a probationary period as defined in your financial aid probation letter. The letter will include the minimum grade point average and credit hours required. If an appeal is not approved or probationary terms are not met, you must successfully complete one full-time semester at OU at your own expense to regain financial aid eligibility.
Coursework considered for reinstatement must be completed at OU. Your initial financial aid awards are normally based on full time enrollment. In some cases awards may be based on another enrollment configuration. Note that changes in your enrollment may reduce or cancel some awards. This full-time status applies only to loan deferments. Phone: Fax: Extended Campus and Advanced Programs students are subject to different enrollment and satisfactory progress requirements.
Refer to the Extended Campus and Advanced Programs information below. Courses taken at other schools including Rose State College courses taught on the Norman campus , audit courses, correspondence courses through the Center for Independent and Distance Learning, CLEP, Advanced Standing, and Intersession courses do not count toward minimum enrollment status requirements and are not used to demonstrate satisfactory academic progress.
Most OU undergraduates should plan to take approximately 15 to 16 credit hours per semester to move towards a timely graduation in 4 years. A timely graduation benefits you when applying to graduate schools as many graduate programs only accept students in the fall semester. A one semester delay can result in a one-year delay of entering and completing a graduate degree. A timely graduation also benefits you when seeking employment by enabling you to enter the work force sooner, saving you thousands of dollars on tuition, fees, books and housing expenses.
Check out your current Cost of Attendance to figure what you can save by graduating on time and not extending another year! Apply for aid through the financial aid office on the campus that will grant your degree.
For most aid programs, you can receive aid at only one institution each semester. If you receive aid at more than one college and were not eligible, you may be required to repay aid. There are limited exceptions. Your adviser will determine your graduation date and time needed to complete the 2nd degree. Students that are not considered admitted to an OU degree or certificate program are normally not eligible for aid.
After that time, you must be admitted to a regular OU degree program before future aid can be awarded. There are serious consequences when dropping classes or completely withdrawing from the semester.
Dropping courses affects your ability to meet the credit hour completion requirements of the financial aid satisfactory academic progress policy. Dropping courses will reduce your student loan grace period your loans enter repayment sooner , you can lose loan deferment status, etc.
If you completely withdraw, you may owe a repayment of aid funds. Refer to the Complete Withdrawal Fact Sheet for more information. By federal law, the university has 45 days from the date the university determines the student withdrew to return unearned federal aid to the specified programs. If you are considering dropping your enrollment below half-time or completely withdrawing, review the Fact Sheet above. Contact SFC for more information before taking action.
Must apply for a student job through Human Resources and be hired. Amount of pay and receipt of paycheck depend upon when work is performed. Refer to the University of Oklahoma Refund Policies. An OTAG award is considered an estimated award. You must be enrolled a minimum of 6 hours per semester as an undergraduate to receive the OTAG award. OTAG is not available to graduate students.
Students selected for the Crimson Commitment Program are notified of their eligibility in the spring or summer prior to their freshman year. Please see: Crimson Commitment for more information. Federal Work-Study earnings are subject to federal and state income tax, and students receive W-2 forms.
Contact your tax preparer, the IRS at 1. Book Vouchers may be available if your financial aid application is complete and your funds are not yet available at the start of the fall, spring, or summer semester.
Students that receive book vouchers will receive a code to input at the online bookstore checkout. Additional information can be found here: ou. May be available if your financial aid application is complete and semester aid has not yet been disbursed.
Funds may not be advanced from a future semester financial aid. Additional information may be required. SFC does not recommend forwarding your email to another account as you may lose out on important financial aid information which can result in a loss of aid. Keep your address and phone updated at all times through One.
Please contact us for accommodations on the basis of disability. Go to One for the status of your financial aid at The University of Oklahoma. You must accept, reduce, or decline each award for disbursement of most financial aid funds. All financial aid funds are disbursed no earlier than the scheduled early disbursement date which is approximately one week prior to the first day of classes.
Students must read and meet the requirements listed for Satisfactory Academic Progress. Failure to meet these requirements will result in suspension from aid. Students receiving financial aid must meet minimum enrollment requirements. Courses taken at other schools, audit courses, some correspondence courses through the Center for Independent and Distance Learning, CLEP, and Advanced Standing do not count toward minimum enrollment requirements and are not used to demonstrate satisfactory academic progress.
Important Notice. By accepting the financial aid offered you agree to the following:. Extended Campus and Advanced Programs Students:. Financial Aid:. A copy of the PLUS Loan denial is required for us to confirm your additional unsubsidized loan eligibility. Your options are to start 60 days after the loan is taken out or to defer the payment until the student stops attending. Alternative loans may be available to students who are not eligible for federal financial aid or who may need additional funds to meet educational expenses.
Alternative loans are usually more expensive and should only be borrowed when all other resources have been used. Southeastern Oklahoma State University does not maintain a preferred list of lenders nor does the college recommend any lenders of alternative loans.
You may find additional information on alternative loans through your bank or lending institution. Students who have applied and been approved for an alternative loan must complete the Alternative loan form. Please return the completed form to the SE financial aid office. Note: Your lender will be notified of your Cost of Attendance, all financial aid and other resources being received. This system will be accessible by the guaranty agencies, lenders and any school the Department of Education had deemed an authorized user of the data system.
The Financial Aid office verifies eligibility for all students enrolled and notifies OK Promise of tuition costs. The scholarship, however, does not cover items such as books, supplies, room and board, and other fees that are usually associated with tuition costs. Students are encouraged to apply for other types of financial aid to cover these costs. If you become ineligible for federal financial aid like Pell grants or student loans for not meeting the SAP requirements, you will be ineligible for OK Promise.
This requirement applies to all OK Promise students, even if the student is not currently receiving federal financial aid and regardless of the year the student started college. Home Financial Aid Grants and Loans. Grants and Loans Securing funding for you education at Southeastern is one of the most important parts of you academic journey. Grants Grants are a form of financial aid that do not require repayment or additional work to be performed. Repayment After six months of not attending for any reason i.
You may view the documents needed to complete your file on Campus Connect if you have been admitted to Southeastern. Students not able to view Campus Connect will be sent a document letter requesting the information to be returned.
Complete Entrance Counseling at studentloans. This process is for all students required for Direct Lending. It could cause you to be placed on a probationary status or it could cause you to be suspended if your financial aid is already in a probationary status.
You should consult with the Financial Aid Office to be sure how you will be affected. It will also cause you to be put on financial aid suspension. Why was my financial aid suspended and what do I have to do to be reinstated?
You must complete your Associates degree by the time you have accumulated 93 credit hours. If federal aid is suspended, you have a right to appeal the decision by submitting in writing your reasons along with documentation to substantiate your reasons.
A committee of faculty members will review the appeals and make a decision. Otherwise, you will be expected to satisfactorily complete 12 hours which you have paid for yourself. What do I have to do to get my financial aid transferred to another college? Let NOC know that you are leaving so any aid disbursement pending for the next semester can be canceled.
Contact the Financial Aid Office at the new school to see if they will need additional documents. To qualify for a Pell grant you must demonstrate exceptional financial need.
This EFC number is compared to a chart prepared by the U. Dept of Ed to determine your Pell grant eligibility. What is the difference between a subsidized and an unsubsidized Direct Loan? The federal government pays the interest on behalf of the student for subsidized loan amounts as long as they are enrolled at least half time and during their six month grace period deferment period.
Students must demonstrate financial need to be eligible for a subsidized Direct Loan. No payment of principal or interest is required during the deferment period.
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