Financial Aid

The Financial Aid office administers financial assistance programs to benefit eligible students and families who are unable to afford the cost of a college education. Not all financial aid policies and procedures are listed in this catalog. Visit austincc.edu/students/financial-aid for additional information, including how to apply, how to receive your funds, and rights and responsibilities.

Types of Aid

Financial aid comes in four types:

• Grants
• Loans
• Work-study programs
• Scholarships

These types may be combined in a financial aid package to help pay for educational expenses. Generally, scholarships and grants do not have to be repaid.

State and Federal Regulations

ACC complies with all state and federal regulations governing student financial aid programs. These policies can change unexpectedly in response to legislative action or U.S. Department of Education interpretation. In the event of changes after this catalog is published, the Financial Aid office will comply with the most current regulations and interpretations.

Eligibility

To qualify for financial aid, you must:

• Be a U.S. citizen or eligible non-citizen.
• Have a high school diploma or GED.
• Enroll or be accepted at Austin Community College.(Your ACC application must be on file.)
• Major in an eligible program of study and take eligible courses.
• Meet Selective Service requirements, if applicable.
• Not be in default on any federal student loan or owe a federal grant repayment.
• Not be convicted for possession or sale of illegal drugswhile receiving federal aid.
• Meet FAFSA criteria for financial need (for most financial aid programs).
• Maintain academic standards of progress for financial aid students.

Some factors limit financial aid:

• If you received a full-time Pell Grant for more than six years, you are no longer eligible for this award.
• If you have high student loan debt, you may be denied additional loans.
• If you already have a bachelor’s degree, you must submit a maximum time frame appeal when applying for aid.
• If you are a co-enrolled or summer transfer student, you must obtain financial aid from your home college or university. Contact your home institution to request a consortium agreement that allows you to apply your financial aid to ACC classes.
• If you are a first-time borrower on or after July 1, 2013, there is a limit on the maximum period of time (measured in academic years) that you can receive Direct Subsidized Loans.
• The U.S. Department of Education established regulations to prevent fraud and abuse in the Federal Student Aid program by identifying students with unusual enrollment histories. Students who have been selected for unusual enrollment will have to appeal in order to be eligible for Financial Aid.
• Further information regarding eligibility can be found on the ACC Financial Aid website at austincc.edu/students/financial-aid

Priority Deadline to Apply for Financial Aid

Because some types of funds are limited, we recommend you submit your financial aid application (FAFSA) by the priority deadline. Students who submit their application after the priority deadline are still eligible for financial aid but may need to pay their tuition before the payment due date.

You must check your ACC email and/or ACC’s Self-Service Financial Aid site for important deadlines.

Course Withdrawal and Financial Aid Repayment

You may be required to repay financial aid if you drop or withdraw from your classes. Check with the financial aid office at any campus to determine your requirement for repayment.

If the withdrawal occurs before the first day of classes, you must repay all your financial aid.
If the withdrawal occurs on or after the first day of classes, the Financial Aid Office uses a federal formula to determine the amount of financial aid you must repay.
Within 45 days of the date you withdraw, you must repay the funds to ACC, which will return those funds to the federal aid programs from which they came.

Official Withdrawal
If you withdraw from all classes during a semester or session, the date you withdraw is your official withdrawal date unless documented otherwise. The official withdrawal date is used to determine if you may need to repay financial aid.

Unofficial Withdrawal
Under federal regulations, students who make unsatisfactory grades in all classes for a semester are considered an unofficial withdrawal unless they engaged in some academic activity beyond the 60 percent point of the semester. At ACC, unsatisfactory grades are F and I (Incomplete).

For any student for whom the last date of academic activity cannot be documented as occurring on or after the 60 percent point of semester, the withdrawal date will be considered the mid-point of the semester unless documented otherwise.
Any student who is considered an unofficial withdrawal and who has a required repayment will be responsible to repay those funds before receiving additional federal financial aid at ACC or any other institution.

Satisfactory Academic Progress

Federal regulations require students who receive financial aid to meet a set of standards identified for Financial Aid Satisfactory Academic Progress.

Determine Your Academic Progress
Your Satisfactory Academic Progress status is determined when you apply for financial aid. It is based on all previous academic history. Once you receive aid, your academic progress is evaluated at the end of every semester.

It is your responsibility to monitor your academic progress and meet with an advisor or counselor before you encounter difficulties that threaten your financial aid eligibility. The ACC website provides online GPA calculators and course tion calculators to keep track of your academic progress.

Financial Aid Eligibility – Progress Status

Classes Used in Progress Calculations
Use these course guidelines when calculating your Financial Aid Satisfactory Academic Progress.

Grade Point Average (GPA) — Courses Included:

• ACC credit classes you completed or attempted with following grades A, B, C, D and F
• Dual-credit and early college high school classes
• Study Abroad classes
• Developmental education classes
• ESOL (English for Speakers of Other Languages) classes
• Repeated classes

DO NOT include:

• ACC classes you attempted with the following grades: I, IP, W, S, and U
• Transfer classes accepted at ACC from other colleges and universities
• Audited classes
• Military credit
• Continuing Education classes
• Credit earned through examination (AP, IB and other test credit)

Completion Rate — Courses Included:

• All ACC credit classes completed or attempted with following grades: A, B, C, D, F, I, IP, S, W, and U
• Dual-credit and early college high school classes
• Study Abroad classes
• Developmental education classes
• ESOL classes
• Repeated classes DO NOT include:
• Transfer classes accepted at ACC from other colleges and universities (see note)
• Audited classes
• Military credit
• Continuing Education classes
• Credit earned through examination (AP, IB and other test credit)

Note: Transfer classes are not calculated in the completion rate but do count in maximum time frame

Re-establish Your Eligibility
You can re-establish your financial aid eligibility by raising your GPA and completion rate to the minimum standards. Once you meet the standards, contact the Financial Aid office to request that your eligibility be reinstated. We encourage you to see an ACC advisor or counselor to develop a plan that will help you regain your aid eligibility. You also can discuss any unusual circumstances you may have with the counselor.

You can appeal to the Financial Aid office if you are over the maximum time frame and meeting the GPA and completion rate requirements.