金融援助 Policies

In accordance with the Family Educational Rights and Privacy Act (FERPA), 经济援助办公室不会向任何人(包括家长)透露学生的信息。, without the specific written consent of the student. To provide written consent, students must submit a FERPA Educational Records Release Form to the Registrar’s Office. 参观 宝盈bbin官方登录 Registrar’s website to learn more about FERPA.

Federal regulations specify that students can receive federal financial aid for one repetition of a previously passed course. All repeated courses impact Satisfactory Academic Progress 计算.

在以下情况下，重复课程可以获得经济资助:

• A student received a failing grade. Students may repeat a failed course until it is passed.
• If a student passes a class once, retakes the class and withdraws from it, the withdrawn course does NOT count as their paid retake. The student may receive financial aid for another attempt. 

Satisfactory Academic Progress (SAP) requires students to meet minimum academic standards in order to maintain eligibility for financial aid. 学生必须保持最低GPA和完成比率(获得的学分与尝试的学分的百分比)。, 以及在完成学位所需学分的150%之前完成他们的课程.

Students experiencing academic difficulty should discuss the impacts on SAP and future financial aid eligibility with the 金融援助 Office.

For detailed information, please visit our SAP的网站. 

Scholarships and grants provided by Paul Smith’s College are funded in part by generous donations from alumni and friends of the College. If your 宝盈bbin官方登录 aid is funded by a donor, 宝盈bbin官方登录将在学年期间通知你，并要求你写一封感谢信. 如果不这样做，可能会导致你的学生账户被冻结, preventing access to grades, 成绩单, 等. 

符合条件的宝盈bbin官方登录教职员工应在宝盈bbin官方登录的优先截止日期前申请参加学费交换, 11月1日^st. Dependent children of eligible 宝盈bbin官方登录 staff and faculty seeking admission to a partner institution must notify the TE Liaison Officer of intent to apply for a TE scholarship by completing an Eligibility Form available from the 金融援助 Office and returning it to the 学费交换 Liaison Officer.

验证 is the process used by the U.S. Department of Education to confirm the accuracy of the information reported on the Free Application for Federal Student Aid (FAFSA). If a student is selected for verification, they must submit specific information including but not limited to:

• Tax 成绩单 and/or W-2s
• Proof of utaxable income
• Household size information
• Number of household members in college
• 资产信息
• Other data elements reports on the FAFSA

选择FAFSA进行验证的学生需要提交一份 验证 Worksheet and federal tax 成绩单 (or signed tax returns) if they did not use the IRS data retrieval tool when completing the FAFSA. Students selected for verification will be notified through email. 学生可以看到他们需要提交给财政援助办公室的信息列表，在任何时候通过查看他们的 宝盈bbin官方登录 财政援助门户网站. 在验证过程完成之前，财政援助不能支付, nor will anticipated financial aid appear on the student’s bill. To prevent delays in processing financial aid, 秋季入学的学生应不迟于7月15日提交证明文件. 秋季入学的学生应不迟于11月15日提交证明文件.

Some students may be selected for verification mid-semester, 在他们的经济援助已经支付之后-这通常发生在学生在年中更改他们的FAFSA时. 如果发生这种情况, students must immediately submit their verification documents to avoid account holds; future disbusements will be withheld, 学生可能要为之前支付给学生账户的任何经济援助承担责任. 

Students earn a portion of their Federal (Title IV) financial aid for every day of attendance or active participation in academically-related activity. Eligibility for aid must be recalculated for a student who withdraws from all classes before completing 60% of the period of enrollment. If recalculation determines the student owes the federal government a portion of the loans or grants received at the beginning of the semester, 学校将代表学生自动向政府支付这笔费用. 这可能会导致学生账户和机构持有的债务, 在解决之前，禁止注册或发布官方成绩单.

Depending on when and why the student withdrew, the student may receive prorated refunds for tuition, 或者食宿. 这些制度上的调整不影响上述官方的撤离计算. If a student withdraws prior to their financial aid being disbursed by the 宝盈bbin官方登录 金融援助 Office (typically the first two weeks of classes), 如果学生在退学前参加了课程，则该学生可能有资格获得“退学后付款”. the 金融援助 Office will email information about “post-withdrawal disbursements” and request student permission before applying these financial aid funds. 

有两种学生行为会导致重新计算:

1. Official Total Withdrawal: Students who withdraw from all courses are eligible for a percentage of financial aid based on the percent of the semester completed. 例如, a student who withdraws from all classes after completing only 30% of the term will have “earned” 30% of any federal financial aid received. 学校(有时是学生)必须将剩余的70%返还给政府.
2. Unofficial Withdrawal: A student that doesn’t officially withdraw from their classes but doesn’t earn any credits in a semester may be considered an unofficial withdrawal. 在这种情况下, federal financial aid will be recalculated based on the mid-point, or 50% point of the semester unless there is documentation that shows the student attended classes or participated in an academically- related activity beyond this date.

Students thinking about withdrawing from classes should speak with the 金融援助 Office to understand how it may impact financial aid.

To learn more about how 宝盈bbin官方登录 prorates tuition, 费用, 房间, 在任何学期退课的学生都有伙食费, 看到 Refund Policy in the 宝盈bbin官方登录 Catalog.