A student is generally eligible for aid if he or she meets the following criteria:
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Enrolled as a regular student in a degree-seeking program at a post-secondary institution approved by the Department of Education. |
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U.S. citizen or eligible non-citizen. |
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Make satisfactory academic progress (as defined by the Institution's Student Services Office) in an approved course of study. |
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Not in default on a student loan or owe a refund on a federal grant, and |
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Have all admissons credentials completed in the Student Services Office. |
Snead State Community College is required by the Higher
Education Act of 1965, as amended, to establish standards of
satisfactory acadeimc progress for students receiving financial aid under the Title IV Programs. The following policy applies to all students:
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Students are eligible academically for financial aid during semesters for the first 21 hours of enrollment at Snead State. Students who have attempted 22-32 semester hours must have a 1.75 overall GPA on courses taken at the College and must have successfully completed at least 68% of classes attempted. Students who have attempted 33 or more semester hours must have a 2.00 overall GPA on courses taken at the College and must have successfully completed at least 70% of classes attempted. |
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Financial aid may be received for a maximum of 150% of the respective program of study while attending Snead State Community College. For example, a student in a degree program can receive financial aid for a maximum of six (6) semesters. Periods of enrollment in which students did not receive aid must be included. Students enrolled less than full-time will have the maximum allowable time extended proportionately. For example, a student who attends on a three-fourths (3/4) time basis will be allowed eight (8) semesters (3/4 x 6 = 8). |
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Transfer students who wish to receive federal financial aid will have credits received at another College and transferred in their program of study applied to the maximum time allowed to receive aid. For example, a student who transferred two semesters of full-time enrollment in his or her program of study would only be eligible for four semesters at Snead State Community College. |
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Students receiving financial aid, who attended under the quarter system and then returned in the semester system, will have all grades converted to the semester hour credit and then academic progress will be determined. STUDENTS WILL NOT BE PENALIZED IF THERE IS A DISCREPANCY BETWEEN QUARTER AND SEMESTER HOURS. |
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Credit hours from which a student withdraws will be counted as hours attempted and will affect academic progress. A student who completely withdraws from the College will have that semester applied to the maximum time financial aid is receivable. Grades of incomplete or F will also count as hours attempted. Developmental courses are eligible for financial aid if the courses are recommended by academic advising. |
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Credit hours from which a student withdraws will be counted as hours attempted and will affect academic progress. A student who completely withdraws from the College will have that semester applied to the maximum time financial aid is receivable. Students who completely withdraw a second time while on financial aid will become ineligible to receive financial aid. |
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Developmental courses are eligible for financial aid if the courses are recommended by academic advising. A student receiving financial aid is allowed to enroll in developmental courses for a maximum of two semesters. |
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Satisfactory academic progress is monitored at the end of each semester. A student who has become ineligible for financial aid will have his or her eligibility reinstated when he or she attains satisfactory status. Students may appeal in writing to the Financial Aid Officer for reinstatement. The Student Committee, which is charged with hearing appeals, may waive the satisfactory academic progress requirements if the student has become injured, has illness, has death of relatives, or in cases where students have experienced undue hardships as a result of special circumstances. |
Some scholarships and grants are subject to being reported as income on federal income tax returns. It is each student's responsibility to report, according to applicable tax laws, the information to the Internal Revenue Service. Students are encouraged to contact the IRS or to consult a qualified tax preparer concerning tax reporting of federal financial aid.
Students who receive financial aid and later terminate their enrollment, regardless of reason for withdrawal, are subject to the return policy mandated by the U.S. Department of Education.The policy may require students to return funds to the College and to the Department of Education.
ANY STUDENT RECEIVING TITLE IV FUNDS (FEDERAL PELL GRANT AND/OR FSEOG) THAT WITHDRAWS FROM THE COLLEGE, OFFICIALLY OR UNOFFICIALLY, DURING THE FIRST 60% OF THE TERM MUST RETURN A CALCULATED PERCENTAGE OF THOSE FUNDS TO THE DEPARTMENT OF EDUCATION.
The calculated percentage is based on the percentage of the term the student was actually enrolled. For example, if a student withdrew at the 50% mark of the term, only 50% of aid was earned. Students who withdraw, officially or unofficially, must return books to the campus bookstore within 20 days of withdrawal.
Any student who registers for a class, but does not attend the class, will not be entitled to federal financial aid for the class. If aid has been disbursed when it is realized the class was not attended, the student is responsible for refunding the money and paying tuition for the class. Those students who completely withdraw and have never attended any classes are responsible for all charges as Federal Title IV funds will not be applicable.
Students who would like a copy of their return calculation may request it in writing from the Business Office. Any other questions regarding the financial aid award may be addressed to the Student Services Office.
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| Teams Unite to Fight Breast Cancer | | Snead State and Northwest Shoals Community College competed against each other on Wednesday, Oct. 1, on the volleyball court. Off the court, the two united to support the fight against breast cancer. | |  read more |  | | Snead State Announces New Hires | | Snead State Community College recently filled vacancies in key areas of the College with both new faces and one familiar face. | | | read more | | | Students Share Constitution Day Program | | Constitution Day at Snead State Community College was a lesson in “conflict and compromise” as three Boaz High School students presented a program that has won them regional and national acclaim. | | | read more | | | Snead State Holds All Aboard Day | | Snead State Community College students had the opportunity to learn more about how to become involved and enhance their college experience during All Aboard Day on Thursday, Sept. 11. | | | read more | |
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