In addition to being aware of the terms and conditions around financial aid, students are also obligated to be aware of the following policies:
In accordance with federal and state regulations and MnSCU Policy 2.9, Hennepin Technical College shall monitor all credits for all students and shall apply the following minimum cumulative standards of progress beginning with a student's first attempted credit:
See the following policy and procedure for additional information:
As prescribed in Section 484A of the Higher Education Act of 1965, a student becomes ineligible to receive federal Title IV financial aid if the student is convicted of an offense under any federal or state law involving the possession or sale of illegal drugs during a period of enrollment for which the student was receiving federal Title IV financial aid.
If a student has been convicted of such an offense s/he should contact the Hennepin Technical College Financial Aid Office for further information on the steps necessary to regain eligibility.
For students receiving State financial funding, the Minnesota Office of Higher Education refund policies will apply.
Federal Student Aid funds are awarded to a student based on the assumption that the student will attend school for the entire period for which assistance is awarded. A student who stops attending class(es) must immediately withdraw from class(es), and is responsible for understanding the impact of such action on his/her student account.
Financial aid recipients who totally withdraw or stop attending classes prior to the 60% point of the term are subject to the State and Federal Return of Title IV calculation for federal aid. The amount of unused aid to be returned is calculated by dividing the number of calendar days completed by the total number of calendar days in the semester. Breaks of more than five consecutive days are excluded. Examples of the calculations are available in the Financial Aid Office at the student's request.
The responsibility to repay the unearned financial aid is shared by the institution and the student. The institution's share is allocated among the Title IV programs before the student's share, in the following order: Federal Unsubsidized Stafford Loan, Federal Subsidized Stafford Loan, Federal Perkins Loan, Federal PLUS Loan, Federal Pell Grant, and Federal SEOG. State financial aid programs are refunded to the Minnesota Office of Higher Education/State of Minnesota. The student share of remaining unearned aid is collected from the student and allocated in the same order indicated above.
Return of financial aid calculations are performed no later than 30 days after determining the student withdrew or stopped attending classes. Funds are returned to the Federal/State Aid Programs no later than 45 days after determining the student withdrew or stopped attending classes. Students return their share of unearned aid attributable to a loan under the terms and conditions of the promissory note. Grant repayment is made to the college under the repayment guidelines identified in a notice sent to students after the recalculation is complete.
If you did not receive all of the funds that you have earned, you may be due a post-withdrawal disbursement. If the post- withdrawal disbursement includes loan funds, you may choose to decline the loan funds so that you don’t incur additional debt. Hennepin Technical College may automatically use all or a portion of your post- withdrawal disbursement (including loan funds, if you accept them for tuition and fees). For all other charges, Hennepin Technical College needs your permission to use the post-withdrawal disbursement but the funds will be offered. However, it may be in your best interest to allow Hennepin Technical College to keep the funds to reduce your debt at the school.
Hennepin Technical College will verify ALL student applications selected by the FAFSA processor. Verification documents will be requested of the student upon receipt of the FAFSA. Documents must be received and verification performed before any disbursement of financial aid will be made. If there are errors, we will update your application, recalculate your aid eligibility and send a current award letter to you. Any documents received after 120 days after the last date of enrollment (or date published by the Department of Education, whichever is earlier) will not be processed.
Your class schedule must be firm and you should not make any changes after the 5th day of the semester or you risk aid reductions. It is expected that you will attend your registered courses. If you decide to add a late start course after the 5th day of the semester your Pell Grant cannot be adjusted for the increase in credits. If you drop a class and add another class that is the same number of credits after the 5th day of the semester, your aid will be negatively affected, as the add will not be recognized.
PEOPLE TO CONTACT
Check Your Financial Aid Status
RESOURCES TO HELP PAY FOR COLLEGE