1. The Pell award amount, as stated on the award notification, is for full-time attendance (12 or more credit hours) per semester. It will remain the same for all full-time enrollments regardless of the number of credit hours. The Pell award will be reduced for three-quarter enrollment (9-11 hours), half-time enrollment (6-8 hours), and for less than half-time enrollment (1-5 hours).
2. Your financial aid will be applied first to your tuition and other charges at the District.
3. If your semester financial aid is more than the semester charges, the District Student Financial Services Department will issue and mail a check for the balance to your official address. If you change your address, it is your responsibility to officially update your address with the District’s Admissions Office.
4. Your financial aid will not be disbursed until attendance is verified.
Financial Aid Disbursement Policy
Financial Aid awards from all programs will be disbursed weekly beginning with the end of the drop/add period of each term. Financial aid funds shall be posted to student accounts in the following order:
- Michigan Tuition Incentive Program Award
- Michigan Competitive Scholarship
- Federal Pell Grant
- Academic Competitive Grant (ACG)
- Federal Supplemental Educational Opportunity Grant
- Michigan Educational Opportunity Grant
- Michigan Adult Part-Time Grant
- Federal Stafford Loan (Subsidized)
- Federal Stafford Loan (Un-Subsidized)
- Other State Awards
- Other Third-Party Scholarships
- Waivers (Exemptions)
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Disbursements and Refunds
Disbursements for the Fall 2008 semester began September 10, 2008. Loans will be disbured September 24, 2008. Subsequent disbursements will occur weekly. Financial aid refunds are forwarded within 14 calendar days of disbursement to your student account. To check the status of your financial aid award, disbursement(s), and refund check(s) log on to WEB GATE. |
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