Verification is the process of checking the accuracy of the information a student provides when they apply for Federal Student Aid. The verification procedures are governed by the Higher Education Act of 1965, as amended.
Applicants selected for verification are notified on their Student Aid Report that they will be required to submit certain financial documents to the school.
Black Hawk College verifies all files that are chosen by the Department of Education, and may choose to verify additional files if conflicting information is found. If a student’s file is chosen for verification by the Department of Education or Financial Aid Office, he or she will not be awarded aid until they have provided all required documentation.
Refund and Payment (Return of Title IV Funds)
Under the Higher Education Act of 1998, CFR 668.22. A student who stops attending or withdraws completely from all full-term classes within a semester may receive Title IV financial aid equal to the percentage of the payment period or enrollment period completed. Completion of a module course (less than full-term course such as a mini-mester) does not prevent a student from being subject to the Return of Title IV calculation.
For example, a student completes 30 days worth of classes in a fall semester consisting of 120 days. The regulation requires that the student is eligible to receive only the Title IV financial aid earned, or 30 days worth. By dividing the number of days attended by the total number of days in the semester, the student has earned 25% of the awarded Title IV financial aid.
Please be advised that dropping a course will result in a “W” grade on your transcript. The “W” does not hurt your GPA, but it does affect your completion rate.
In accordance with Part 668 Student Assistance General Provisions Retaking Coursework (668.2), upon successful completion of a class (with a D or better), students may repeat the course once and receive financial assistance.
Federal Pell Grant Lifetime Eligibility Regulation
The Consolidated Appropriations Act, 2012 (Public Law 112-74) limits the use of the Federal Pell Grant to 12 semesters (or 600%) throughout a person’s lifetime.
Last updated 2/17/2016