Purpose
This policy establishes guidelines for the allocation of financial aid funds to eligible students.
Background
A policy is needed to allocate scarce financial aid resources.
Accountability
Financial Aid office, Educational Opportunity Program (EOP)
Applicability
All EOP students at 海角社区CI.
Definition(s)
EOP - Educational Opportunity Program:
The Educational Opportunity Program is designed to improve academic support of low-income and educationally disadvantaged students. An EOP student has the potential to perform satisfactorily in the 海角社区 but has not been able to realize this potential because of economic or educational background. The program provides admission, academic, and financial assistance to EOP-eligible undergraduate students.
At 海角社区 the program is self funded and receives no state appropriation.
Policy
The priority for awarding an EOP grant is as follows:
- Entering from high school with an expected family contribution of 0-800.
- Continuing lower division with an expected family contribution of 0-800
- Entering from high school with an expected family contribution of 800-4000
- Continuing lower division with an expected family contribution of 800-4000
- Continuing upper division with an expected family contribution of 0-800
- Continuing upper division with an expected family contribution of 800-4000
The maximum current EOP grant for full time students is established at $1,000 per academic year ($500 per semester). Approval of grant eligibility for part time enrollment must be confirmed by the EOP coordinator prior to the start of the term. Grant awards will be prorated according to the following schedule.
Enrollment | Units | Award |
---|---|---|
Full time | 12 + units | $500 |
Three Quarter time | 9-11 units | $350 |
Half time | 6-8 units | $200 |
Less than half time | 1-5 units | not eligible |
If funds are disbursed at the beginning of a term based on full time enrollment and the student reduces their unit load during the initial change of program period, the EOP grant awards will be adjusted and the student will be required to return funds to the University.
Enrollment adjustments made after the initial change of program period are required to have the approval of the instructor and the Dean or Associate Dean of the Faculty. Courses dropped at this point will be reflected in a grade of 鈥淲鈥 on the official transcript. There will be no attempt to recover EOP funds from students who drop below full time status in this manner.
Prior to the start of each term, EOP will provide a list of entering and continuing EOP students to the Financial Aid office. If any students have been discontinued from the program, the Financial Aid office should be notified as those decisions are made.