Financial Aid Policies
Unsubsidized Loan Policy
In order for a student to receive an unsubsidized loan, a student must maintain a minimum cumulative grade point average of 2.0. The cumulative grade point average is calculated according to the Financial Aid Satisfactory Academic Progress Policy. Your academic cumulative grade point average may differ.
If you are a new student to ECC and have no transferred credit hours, you are exempt from this policy until you have a cumulative grade point average at the college. If you are a new student to ECC with transferred credit hours, those credit hours will be included when calculating your cumulative grade point average.
Financial Aid Satisfactory Academic Progress Policy
In accordance with the U.S. Department of Education and State of Illinois student aid regulations, ECC is required to establish minimum standards of academic progress to qualify for federal and state financial aid. This policy measures a student’s academic progress in three ways. Students must meet all three standards to be in satisfactory status.
Enrollment Status & Adjusting Aid Policy
This policy explains how financial aid is adjusted based on changes to a student’s enrollment status.