FINANCIAL AID IMPLICATIONS

Satisfactory Academic Progress
Satisfactory academic progress is necessary to maintain eligibility for Title IV and state-funded assistance programs. See the ACADEMICS section for applicable satisfactory progress criteria.

Financial Aid Probation
If a student falls below the satisfactory academic progress criteria listed in this catalog, consultation with a university official may be scheduled. At that time, the student may be placed on a two-quarter warning/probation period during which Title IV and state funds may be disbursed. At the end of the probationary period, if the student has not satisfied the specified requirements, financial assistance may be withheld.

Incompletes, Withdrawals, Repetitions
Students with course incompletes, withdrawals, repetitions, and those doing remedial work are eligible to continue receiving financial aid if the following conditions are met:
1. The student is otherwise making satisfactory progress.
2. The time needed to make up the incomplete course work is within the program maximum time frame.

Maximum Time Frame
To remain eligible for federal and state funds, students must complete their programs within the maximum time frame, defined as one and one- half times the standard duration of the program, in credit hours.

Reinstatement of Financial Aid Eligibility
Students who have lost eligibility for financial aid may be reinstated by improving their academic standing to meet the minimum standards of the satisfactory academic progress policy. In cases of extenuating circumstances, special arrangements may be made on an individual basis. See the Student Financial Aid Office for more details.

Notice to Applicants of Financial Aid
An offer of financial aid is contingent upon receipt of funds from all funding sources. The Student Financial Aid Office reserves the right to revise offers of financial aid at any time during the academic year based on availability of funds and/or procedures mandated by the state or federal authorities. Pursuant to the Privacy Act of 1974, applicants for student financial aid are hereby notified that the disclosure of their Social Security number is required by AUHS to verify the identity of each applicant. If the student receives a student loan, the student is responsible for repaying the loan amount plus any interest, less the amount of any refund.

Educational Purpose
Any funds received under the Federal Pell, the Federal Supplemental Educational Opportunity Grant, state grants, the Federal College Work- Study Program, or the Stafford (Guaranteed/Federally Insured) Loan Programs are to be used solely for expenses related to attendance or continued attendance at the university. The student is responsible for repayment of a prorated amount of any portion of payments made which cannot reasonably be attributed to meeting educational expenses related to the attendance at the university.

The amount of such repayment is to be determined on the basis of criteria set forth by the U.S. Department of Education and the appropriate state agency. Payment periods are usually the entire quarter or if a student began at the mid- quarter timeframe only the mid- quarter timeframe would be counted in the payment period.