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Enrollment Status and Adjusting Aid and Actively Participating Policies

Enrollment Status and Adjusting Aid and Actively Participating Policies

Enrollment Status and Adjusting Aid Policy

Financial Aid will be adjusted based on the student's enrollment status, up to the 50% point of each term. After this point, financial aid will not be adjusted unless it falls into one of the following categories:

  1. The student is enrolled in a late-starting class that begins after the 50% point and drops the course before it starts. Students are not entitled to financial aid for courses they have not attended, and their financial aid will be adjusted accordingly.
  2. The student is dropped from a course by their instructor for non-attendance. Students are not entitled to receive aid for classes they have not attended, and their financial aid will be adjusted accordingly.
  3. Financial aid will be adjusted accordingly if the instructor drops a student in error and agrees to reinstate the student in the same class and section. Please note: if a student enrolls in a different class from the one they were dropped in error, their financial aid will not be adjusted after the 50% point.
  4. Students who drop all classes for the term between the 50% and 60%, may have their aid adjusted, depending on what they have earned through the Return of Title IV calculation.

According to regulations, students have not earned 100% of their aid until the 60% point of the term. Students who are receiving student loans and drop a class(es)

  • Students may have their loans canceled or adjusted if they are enrolled in fewer than six credit hours.
  • If the student begins attendance in six or more credit hours and receives a portion of the entire loan, they are entitled to keep the amount already disbursed. However, no further disbursements will occur if they remain enrolled in less than six credit hours for that term, and any remaining portions of the student loan(s) will be canceled.
  • If the student did not begin attendance in six or more credits when they received a part of the entire loan, the loan(s) would be removed entirely for that term, and no further disbursements would occur.

Actively Participating Policy

Students must actively participate in classes to receive financial aid. Based on regulations, students must begin attendance to receive financial aid assistance. In the case of online courses, students must actively participate to determine if they are eligible to keep their aid that was awarded/disbursed or if adjustments will be made. For financial aid purposes only, actively participating will be defined as a student who completes assignments, logs on regularly, participates in classroom discussions, if applicable, and completes at least one test/quiz. Students who are determined not to be actively participating will not be eligible to receive financial aid for that term.

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Did You Know?

According to the Satisfactory Academic Progress policy, students with a cumulative GPA of less than 2.0 will be notified of their financial aid status.

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Financial Aid & Scholarships

Building B, Room B156
847-214-7360
Fax: 847-608-5460
financialaid@elgin.edu

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Hours
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Friday: 8 am to 4 pm

*Closed Tuesdays: 1:00 pm to 2:30 pm

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Student Accounts

Building B, Room B151
847-214-7380
Fax: 847-214-7445
studentaccounts@elgin.edu

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Friday: 8 am to 4 pm

**Closed Wednesdays 2 pm to 3 pm