Students who do not comply with outlined standards and conditions are placed on Financial Aid Suspension. The Financial Aid Suspension will remain in place until the student is awarded probationary status based on financial aid appeal, or the student re-establishes eligibility.
Financial aid satisfactory academic progress policy requires all students receiving federal financial aid to make Satisfactory Academic Progress (SAP) toward the completion of a degree. Academic progress must be monitored for all terms of enrollment, whether or not financial aid was received. Student may check their OneACCS Pirate Web account for financial aid status. Please refer to the Financial Aid Satisfactory Academic Progress in the College Catalog for additional information.
Financial aid warning status is placed on a student if after a semester review demonstrates the student is not meeting the Financial Aid Standards of Academic Progress. Students can continue to receive financial aid while on warning with the understanding that all the standards will be met at the end of the warning term or the student will be suspended.
Financial aid suspension remains in place until a student is awarded probationary status based on a financial aid appeal approval or the re-establish eligibility. Students who have been placed on Financial Aid Suspension and have extenuating circumstances which caused their failure to maintain eligibility have the option to appeal.
Financial aid appeal forms are located at www.cv.edu under Student Forms. Financial aid appeals should be received in the Financial Aid Office by close of business two days prior to the first day of classes. Submitting a financial aid form appeal is NOT an automatic approval. The decision of the Financial Aid Appeals Committee will be electronically delivered via CVCC email to the student. The decision of the Financial Aid Appeals Committee is final. Students may view their Satisfactory Academic Progress (SAP) status in their OneACCS Self-Service Banner (SSB) account. If approved, the student is placed on Financial Aid Probation or an academic plan.
Financial aid probation status is placed on a student whose Financial Aid Appeal has been approved, or the student was coded by the federal processor with Unusual Enrollment History (UEH). The student may be eligible for federal aid for one semester. Student progress will be reviewed at the end of the probationary term. At the end of the probationary term, if the student has completed all his/her courses for that term successfully with C’s or better, the student’s federal aid may be awarded for the remainder of the academic year.
Re-establishing eligibility is another way for the student to be removed from Financial Aid Suspension. To re-establish eligibility, the student must take coursework credit hours at CVCC during one or more semesters and pass the semester with C’s or better. Once the student meets the Financial Aid Standards of Academic Progress, the student may have his/her federal aid awarded during the following semester. The student is responsible for the monetary funding of the semester(s) he/she chooses to re-establish eligibility.