Next Up for Financial Aid….Now you need to Finish What You Start

ENROLLMENT

What happens if I do not attend your classes?

If you do not attend classes, then you can expect to be billed back for the funds you received. Further, you can expect the poor grades to negatively impact your academic record.

Does Financial Aid cover all credits?

No, financial aid DOES NOT cover non-credit classes and does not cover over 30 credits of remedial coursework. If your schedule includes any of the above, and you fail to pay your part, your class schedule will be dropped for non-payment. Please be aware of this because it is very difficult to re-enroll in classes.

How is the financial aid award calculated?

Awards are based on enrollment. Full time is 12 or more credit hours. 9-11 credits will give you a ¾ time award and 6-8 will give you a ½ time award. Any credits less than 6 will depend on your eligibility. All loan students must be in 6 or more credit hours.

Can I get aid at 2 schools at the same time?

No, you may only get aid at the school where you are seeking a degree. If it is Broward College you will need to complete the consortium agreement form, pay for the class at the other school and submit the form along with your paid receipt, schedule and transient form to be reimbursed. The form is available at: http://www.broward.edu/sfs/sfs/forms/page13051.html

What is a passing grade for financial aid?

In order to continue to receive financial aid you must earn a “C” or better in all of your classes. Financial aid depends on your academic performance. You must Finish What you Start. Please read the academic progress requirements at:
http://www.broward.edu/sfs/sfs/page13215.html
If you are denied financial aid because of academic progress, you may not receive any grants, loans, workstudy or scholarship money.

I see $1500 on my file for Bright Futures, but it still shows that I owe all my tuition. Why isn’t the amount covering all my tuition?

Because we do not know how many credits you will register for, we use $1500.00 as a blanket amount for all Bright Futures recipients to cover classes. Bright Futures covers the following:

To view the amount you actually owe go to https://www.broward.edu/FCCSC/creditcard/feeterms.jsp

I used my FL prepaid to pay for my tuition, and I also have Bright Futures. When can I go and get my books?

Neither Florida Prepaid nor Bright Futures pays for books.

FINANCIAL AID FUNDS 

How is my money disbursed? By Session!

Once the drop and add period ends for the term, the faculty is required to verify your enrollment. The enrollment verification process takes approximately 14 days. Once that is completed, your funds will be disbursed by session. The first disbursement of funds will pay your tuition and books. If there is a balance you can expect to receive it by September 20, 2010. If you are in session 3 classes, those funds will be disbursed by October 5th and Session 4 by November 9th.

• Attend all of your classes. Funds are disbursed based on your enrollment.
• Financial aid depends on successfully completing classes and meeting academic progress standards.
•  Withdrawing from classes before the 60% point will cause you to owe money and will negatively impact your grade point average and completion rate.

What if I pay out of pocket?

If you paid out of pocket, your funds will be returned in the manner in which it was paid. For example, if you paid by credit card, your funds will be credited to your credit card.

What should I know about my financial aid check?

Checks are processed and mailed from North Carolina. You must allow at least 10 business days for your check to be received. If you do not receive your check by then you may contact the Accounting Hot Line at 954-201-7438.

Can I pick up my check?

No, you cannot pick up your check. Picking your check up actually takes longer than directly mailing it to you as it needs special handling. Please make sure your address is correct on your Broward College records.

Can I see this information online?

Exact check amounts, dates, or check numbers can be viewed on line the day after checks disburse on www.broward.edu, sign onto myBC, click payments and my financials.

What would cause my check to be delayed?

• Financial obligations- Library, health science screening, student ID
• Old address
• Withdrawing from classes

BOOKS

When can I buy my books?

Session 1 and 2       August 9- September 8th.
Session 3 and 4:      September 7 – September 21st

Bookstore purchases must be completed before funds can be disbursed.

What is the limit at the bookstore?

Financial aid is limited to $700 in purchases (if eligible). The bottom of your receipt should reflect $700-your purchases. It may not be the total that you will receive at disbursement.