Columbus Technical College Financial Aid Semn Presentation

1. FINANCIAL AID OVERVIEW
Financial Aid Information
And
Satisfactory Academic Progress

2. How We Communicate
CTC Financial Aid communicates with students
through student email and/or text messages.
- Know how to check your student email.
Visit the CLICK Lab, Patrick Hall, Room P132.
- Update cell phone with Registrar.

3. What is Financial Aid
Funding intended to help students pay for
college expenses including tuition, fees, room
and board, books and supplies, etc.

4. Types of Financial Aid
•Federal Pell Grant
•HOPE Grant/Zell Miller Grant
•HOPE Career Grant
•HOPE Scholarship/ Zell Miller Scholarship
•Federal Work Study
•Student Access Loan
•Private Student Loans

5. FAFSA
Free Application for Federal Student Aid
- Application used to process all student aid
- No charge to complete the FAFSA
- www.FAFSA.gov

6. Pell Grant
Program of Study
Associate Degrees
Diplomas
Certificates : Health Care Assistant
Nail Technician
Certified Microsoft Office Specialist
Esthetician
Computer Forensic and Investgate

7. Hope Grant
Programs of Study
Diplomas
Certificates
• 2.0 GPA required (30 & 60 checkpoint)
• Georgia resident at least 12 months
• U.S. citizen or eligible non-citizen
• Comply with Selective Service Registration

8. Hope Grant cont
• Comply with Georiga Drug-Free Post-
Secondary Education Act of 1990
• Not in loan default or owe money to a
financial aid program
• Maintain Satisfactory Academic Progress (SAP)

9. Hope Grant cont
• Students with a Bachelors Degree or higher do
not qualify
• Hope pay $67 per credit hour
• Hope Grant is capped at 63 credit hours

10. Hope Scholarship
• Program of Study – Associate Degrees only
• GPA requirements 3.0 (30, 60, 90 checkpoint)
• Will not pay for learning support
• Scholarship is capped at 127 semester hours
• Beginning July 1, 2011, HOPE scholars must
use scholarship within 7 years of graduating
high school or completing their GED.

11. Hope Scholarship cont
• Students must submit official transcripts from
ALL colleges attended AND a HOPE scholarship
evaluation form to be considered
• Student who received HOPE Scholarship
before 2011 can receive HOPE Scholarship
until 2099, unless they have a Bachelor’s
Degree or reach the 127 hour cap.

12. Zell Miller Scholarship
• The Zell Miller Scholarship is for students who
are seeking an associate degree. To be
eligible, a student must graduate from an
eligible high school with a 3.70 GPA and a
minimum score on the SAT/ACT. While in
college must maintain a 3.3 GPA at the
30/60/90 hour checkpoints.

13. Zell Miller Grant
• For students pursuing Certificates or
Diplomas.
• Must maintain a GPA of 3.5 at the end of each
semester.
• Both Zell Miller Scholarship and Grant pays
100% tuition.

14. Hope Career Grant
• If students receive the HOPE Grant or Zell
Miller Grant, they may also qualify for
the Hope Career Grant
• Only certain programs of study are eligible.

15. Hope Career Grant cont
• Advanced Shielded Metal Arc Welder Cert Basic Shielded Metal Arc Welder
• Basic Machinist Certificate Early Childhood Care and Edu Dip
• Central Sterile Supply Process Tech Cert Manufacture Spec
• Child Development Specialist Cert CNC Specialist
• CNC Technology Diploma Computed Tomography Specialist
• Computer Forensic and Investigation Spec Game Development Specialist Cert
• Gas Metal Arc Welder Certificate Health Information Coding Cert
• Industrial Electrician Certificate

16. Hope Career Grant cont
• Industrial Motor Control Tech Industrial Systems Tech Diploma
• Internet Spec Web Site Design Dip Machine Tool Tech Diploma
• Mammography Certificate Manufacturing Operations Spec
• Medical Coding Certificate Medical Front Office Assistant Cert
• Mobile Electronics Technician Cert Networking Specialist Diploma
• Nurse Aide Certificate Pharmacy Technology Diploma
• Phlebotomy Technician Certificate Practical Nursing Diploma
• Surgical Technology Diploma Welding and Joining Tech

17. Hope Career Grant cont
Enrolled Hours and Award Amounts
• 9 or more credit hours $ 500.00
• 3 – 8 credit hours $ 250.00
• 1 – 2 credit hours $ 125.00

18. Student Access Loan (SAL)
• One year Georgia resident and United States
citizen or eligible non-citizen.
• Complete a (FAFSA)
• Maintain Satisfactory Academic
Progress (SAP)
• Enrolled at least half-time (6 or more credit
hours

19. Student Access Loan cont
• Interest Rate
Fixed rate of 1% for the life of the loan
• Keep In Touch (KIT) Payments
Payment of $10.00 is required 60 days after
loan is rec'd. Kit payments are req'd
while in school half time and while
in 6 month grace period.

20. Federal Work Study (FWS)
• Jobs on campus and off campus
• Pay is minimum wage ($7.50 per hour).
• Work up to 20 hours a week.
• Paid twice a month
• Work around your school schedule

21. Private Student Loans
• Students can apply for Private Student Loans
through any bank or lender.
• Sallie Mae and Regions Bank, have stated they
will process Private Student Loans for students at
Columbus Technical College.
• Students are welcome to apply w/other lenders.
• Columbus Technical College does not recommend
or endorse any particular lender or lenders

22. Satisfactory Academic Progress
• First Basic Component - GPA
– Is student’s grade point average high enough to
reach graduation standards?
Students must maintain a cumulative Grade Point
Average (GPA) of 2.0.

23. Satisfactory Academic Progress
2.0 Cumulative GPA
GPA Calculation
• WP and W grades are not counted in semester/cumulative GPAs
GRADE QUALITY POINTS HOURS TOTAL
A 4 X 3 semester hours 12
B 3 X 3 semester hours 9
C 2 X 5 semester hours 10
31 total/11 credit hours = 2.82 GPA

24. Satisfactory Academic Progress
• Second Basic Component - 66.67% Completion Rate
– Calculated by looking at the overall courses taken during the
academic life of student
Calculation
Attempted Hours Passed Hours Completion Rate
33 33 100%
33 21.99 66.64%

25. Satisfactory Academic Progress
Third Basic Component - 150% Rule
Is student completing enough hours to complete
program within maximum time frame?
If your current program of study requires 50 credit
hours to graduate, the 150% timeframe would be 75
credit hours.
(50 x 1.5 = 75)

26. Satisfactory Academic Progress
How often is SAP reviewed for
financial aid purposes?
*****
SAP is reviewed at the end of
every semester.

27. Satisfactory Academic Progress
What happens if a student fails to meet one, two or all of the SAP
components?
Financial Aid Warning
Financial Aid Probation

28. Satisfactory Academic Progress
Financial Aid Warning (1st time)
Status is assigned automatically and student
remains eligible to receive aid during the
financial aid warning period. The student will
have one (1) semester to meet SAP Standards.
***If SAP is not met while on FA Warning, FA Probation will be assigned.

29. Satisfactory Academic Progress
Financial Aid Probation
If the student consecutively failed to meet one, two or all of the
SAP components after the warning period, he/she will be placed
on FA Probation. The student WILL NOT receive Financial Aid
funds during this period.

30. Satisfactory Academic Progress
How to pay for classes while on FA Probation?
• Out-of-pocket
• VA
SAP does not affect VA payments
• Scholarship Funds
SAP does not affect third party scholarship funds
• Private Student Loans
Sallie Mae, Navy Federal or any bank or lender

31. Satisfactory Academic Progress
How can a student be removed from Financial Aid
Probation?
1. Pay for classes and successfully meet SAP on
your own (this may take more than one
semester)
2. File a Financial Aid SAP Appeal
(extenuating circumstances only approved)

32. Satisfactory Academic Progress
Financial Aid Academic Plan
• Allows students to receive financial aid while they are below the
cumulative 66.67% and/or 2.0 (GPA)
• Written agreement which student signs indicating desire to succeed at
Columbus Technical College
• Student submits paperwork for appeal and reviewed in FA Office
• Student signs contract to abide by the rules of the Academic Plan after
being placed on the plan
• Student is evaluated at end of semester to ensure SAP is met for current
term
If ANY of the terms are not followed, the student is placed back on FA Probation
and CANNOT receive financial aid again until they meet SAP on their own. Student
must pay for classes.

33. Satisfactory Academic Progress
Financial Aid Academic Plan
• Register for classes in current program of study (1st semester-maximum
6 credit hours)
• Remain enrolled in all classes (no withdrawals)
• Cannot change major while on Academic Plan unless approved by
Academic Advisor and FA Advisor
• Maintain a 2.0 for the current term
• Meet with Financial Aid Advisor at the end of every semester until
66.66%, 2.0 GPA, and 150% time frame are met
The student may remain on the Academic Plan as long as the student shows academic
progress and abides by guidelines of the contract.
If any of the terms are not followed, the student is placed back on FA Probation and cannot
receive financial aid again until they meet SAP on their own – must pay for classes.

34. Satisfactory Academic Progress
Is it possible to be in good academic standing and
still be placed on
Financial Aid Probation?
OR
Can a student be in good financial aid standing
and be placed on
Academic Suspension?

35. Satisfactory Academic Progress
Answer: Yes and Yes
Academic GPA is evaluated per semester by
term
Financial aid GPA/withdrawal rate are
evaluated per semester cumulatively
(includes all academic history)

36. HOW TO CHECK
FINANCIAL AID STATUS IN
BANNER WEB
Columbus Technical College
Financial Aid Office

37. LOGIN HERE
IF YOU CANNOT ACCESS BANNER WEB, PLEASE CONTACT THE CARE
CENTER LOCATED IN ROOM P-600 OR CALL THEM AT 706-649-7512.

38. CLICK HERE

39. CLICK HERE

40. CLICK HERE
ON MOST
CURRENT
SEMESTER. IN
THIS CASE, IT’S
FALL 2017.

41. AUTHORIZED AID SHOWS
HERE (PELL, LOANS, ETC.)
CURRENT CHARGES AND
PAYMENTS SHOW UP HERE. STATE
AID (HOPE, ZELL, HOPE CAREER
GRANT) WILL SHOW HERE.
AUTHORIZED MEMO’S (VA, NELNET
PAYMENT PLANS, SCHOLARSHIPS,
ETC) SHOW HERE.

42. THIS AMOUNT IS YOUR
REFUND FOR THE SEMESTER.
THE REFUND AMOUNT WILL
BE A NEGATIVE NUMBER.

43. What are the effects of…
Class Withdrawal
• Withdrawing from classes affect completion rate
• Total withdrawal could result in Return of Title IV Funds. This will
cause you to owe a balance to the school.
• If you withdraw from all classes before the 60% date and you receive
PELL, you will owe money.

44. What are the effects of…
Purge
• On the Purge Date, if a balance is on your account this will
cause you to be purged
• When you are purged from classes, all aid is removed from your
account
• No balance is owed by the student to the school
No Show
• When a student is no showed, the aid on your account is
adjusted dependent on “no show” hours
• This could cause a balance to be on your account for a variety of
reasons
• Contact instructor to get back in classes.

45. Questions?