2021-2022 Catalog

Application Procedures

To apply for financial aid, students must complete the Free Application for Federal Student Aid (FAFSA)* for each year of their enrollment. Students are encouraged to complete the FAFSA online at studentaid.gov. The FAFSA should be submitted as soon as possible after October 1 to secure the most favorable funding package. Presentation College's priority deadline date for submitting the FAFSA is March 1. The FAFSA is used to determine eligibility for federal, state, and institutional aid.

In order to be considered for federal aid and most other forms of assistance the student must:

  1. be a U.S. citizen or eligible noncitizen; and
  2. have and provide a valid Social Security Number; and
  3. if a male between the ages of 18 and 26 register (or if older have registered) with Selective Service; and
  4. have a high school diploma, its equivalent, or a General Education Development (GED); and
  5. be enrolled or accepted for enrollment as a regular student; and
  6. be enrolled in an eligible degree program; and
  7. be enrolled in courses that are applicable to the eligible degree; and
  8. be enrolled for the required number of credits; and
  9. not have a drug conviction for an offense that occurred while receiving Title IV* financial aid; and
  10. not owe a refund on a federal grant; and
  11. not be in default on a federal student or parent loan; and
  12. demonstrate financial need* as applicable; and
  13. maintain satisfactory academic standing in accordance with federal and College policies; and
  14. meet all other the eligibility requirements.

Financial aid eligibility for courses that are applicable to the program

When eligibility for financial aid is calculated, only those credits that are applicable to the student's degree program (and appear on the checklist) are counted. As an example, if a student is enrolled in six credits and three of those credits do not count toward the student's program, the student is not eligible to receive a Direct loan, which requires a minimum enrollment in six program-eligible credits.

Financial aid eligibility and completion of the baccalaureate degree or its equivalent

Once students have completed the requirements for the baccalaureate degree (or its equivalent), they are ineligible for Pell and FSEOG grants. Students who have earned a baccalaureate or its equivalent from an institution outside the United States are also subject to this regulation. Students cannot prolong their eligibility by delaying receipt of their diplomas nor can they receive these grants and scholarships during their enrollment after having earned a baccalaureate degree.