Eligibility Requirements for Financial Aid
To be considered for most federal and state financial aid, a student must:
- be accepted into and enrolled in a degree granting program at Emmanuel College
- be enrolled at least half-time (six credits) for most forms of financial aid (i.e., loans, etc.)
- maintain satisfactory academic progress (see below)
- be free from default on a previous student loan
- be in compliance with selective service requirements
- be a citizen, national, or permanent resident of the United States or its trust territories (see FAFSA for more details)
Eligibility for financial aid varies based on the criteria of the specific award. For most forms of financial aid, students must demonstrate financial need, which is determined through an evaluation of the Free Application for Federal Student Aid (FAFSA) each year. In addition, need-based aid may not be greater than demonstrated financial need, nor may the total award package, including loans, be greater than the cost of attendance. Students must maintain a half time status (six credits) to receive most forms of financial aid.
All financial assistance, regarless of its source, will be credited first toward institutional costs. Withdrawal, reduction in credit load or cancellation of classes may result in an adjustment to or cancellation of a financial aid award. Students are responsible for reading and understanding all materials sent to them, including information published in the Academic Catalog. All eligibility requirements must be met to have financial aid awarded or renewed. If at any time a student ceases to be eligible, their financial aid will be canceled and they will be responsible for the balance on their student account.
Satisfactory Academic Progress
To continue receiving financial assistance, financial aid recipients are required to maintain satisfactory academic progress towards their degree. These requirements stipulate that students maintain a minimum cumulative grade point average of 2.0 after completion of four semesters of attendance. Students must also successfully complete 67% of the attempted credits during each academic year, and must complete their degree program within 150% fo the normal length of the program. Please refer to the Academic Catalog for more information regarding satisfactory academic progress.