Financial Aid Deadlines Being Extended in Some Areas

January 20, 2012

There are a few colleges who are extending deadlines for financial aid. The news comes from The Courier Journal, where more than 650 Jefferson Community and Technical College students are about to lose financial aid for this semester due to the stringent federal rules. Jefferson Community and Technical College extended a Friday deadline to Tuesday which will allow more students to appeal or pay tuition.

Last Friday, three days before spring semester is to start, more than 1,200 JCTC students were told they would not be eligible for the financial aid that they counted on for paying tuition. These students could be dropped from classes unless they act quickly--ideally before Tuesday.

Although officials said they previously notified students about the potential impact of tougher new academic progress requirements, many actually said that they didn't see the notice and were caught without aid, which caused students to flood college financial aid offices.

As of Friday, about 554 students had actually withdrawn from classes or appealed, according to JCTC officials.

However, there are about 650 more students who haven't taken any action to appeal or withdraw from the classes. If students don't withdraw or appeal, they could risk receiving a bill for the tuition in spite of not receiving any financial aid. The college sent out the emails and voice message to students this Friday. However, most students that appear eligible to appeal and have their appeals granted, they have to appeal by Tuesday.

"These students are at risk of losing their aid and being withdrawn from classes for non-payment if they do not respond," said Lisa Brosky, a JCTC spokeswoman.

The students from Louisville-area are among 5,500 community and technical students state-wide who have been scrambling this week to appeal and hold onto their financial aid after they were considered ineligible by the new rules that took effect last summer due to recent legislation from the Obama administration.

Students have to have a 2.0 GPA, complete two-thirds of courses attempted and not exceed 150 percent of credit hours required for a particular degree. Students also only now get one semester of probation where they can still get aid when not meeting those requirements. Once flagged, students have to prove that they will be able to finish the degree before hitting the 150 percent mark, unless they appeal and agree to finish the degree without dropping, failing or taking courses that are not part of their major's curriculum.

These changes to the restrictions left certain students ineligible for critical aid, and have to drop or interrupt some studies to meet the deadline on Tuesday.

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