Types of Financial Aid

The Federal Pell Grant provides financial aid to eligible students for tuition, lab and registration fees. Eligibility is determined by a Financial Aid staff member. Students must have a high school diploma or GED. The Federal Pell Grant supports Lively Technical College programs of 600 or more hours. Students must be enrolled a minimum of 225 hours per semester. A Free Application for Federal Student Aid (FAFSA) must be completed online at www.studentaid.gov. The Federal Pell Grant requires a new application each academic year.

Application Process:

• Student must complete the Free Application for Federal Student Aid (FAFSA) online to apply for the Pell Grant and FSEOG Grant at www.studentaid.gov.
• Student is required to have a high school diploma or GED to qualify for financial aid. As of July 1, 2012, the Ability-to-Benefit test (Wonderlic) will no longer qualify students to receive Title IV funding. Ability-to-Benefit students who are continuing in a program they began prior to July 1, 2012 will be allowed to continue receiving financial aid until the end of their program.
• Student will need to speak with a Student Services to complete their enrollment application.
• Student will continue financial aid application with the Lively Technical College Financial Aid Office (FAO).
• FAO will verify information provided on the FAFSA Application and student may need to provide additional documentation requested by the FAO to complete the verification process.

Registration Process:

• Once student has been verified, FAO will provide an award letter, as well as possible deferment options based on their individual Pell Award and hours of enrollment. Student may use this deferment to register for classes, if applicable. Student also has the option to enroll by paying fees out-of-pocket without deferment.
• The enrollment process is not complete until student has delivered all documentation to the Registration Office to receive a student schedule, student ID, and/or parking permit.

Deferment

1. Pell Grant recipients may qualify for deferrals. Deferrals may be granted on a semester basis. Fee deferment is the postponement of payment until student is awarded the Pell grant and/or any additional grants and scholarships for which the student is eligible.
2. Types of Deferment
   1. Tuition and fees including registration, lab and miscellaneous fees.
   2. Books and supplies required by program of enrollment.
3. Students must complete the verification and registration process prior to the first day of class to be eligible for both types of deferments.
4. Student will be given the opportunity to defer not to exceed the award amount.
5. Subsequent Semester Deferrals:
   1. Student must notify the FAO for subsequent deferrals prior to registration.
   2. FAO will determine if returning semester deferral is warranted based on progress, grades and attendance
   3. If it is not warranted, the FAO will explain to the student what course of action is to be taken
   4. If it is warranted, FAO will provide a deferral for the next semester, then student will go to the Registration Office to register for his/her program.
6. Should student fail to maintain attendance, grade and/or progress requirements, deferrals will not be granted and all fees will become the responsibility of the student.

Satisfactory Academic Progress/Attendance/Grades

1. Pell requires students to maintain satisfactory academic progress AT ALL TIMES to continue eligibility. Federal Pell regulations require both Quantitative and Qualitative measures of progress. This means satisfactory progress of program hours and weeks, as well as maintaining a cumulative passing grade.
2. Lively Technical College requires students to maintain 78% cumulative attendance and a “C” grade average or better (2.0) for satisfactory progress. The cumulative period for attendance, grades and progress is from the beginning to the end of your program.
3. Program instructors will submit Monthly Attendance and Individual Timesheet Reports at the end of each month verifying attendance, grades and progress. Progress will be checked twice an enrollment period.
4. Students with excessive absences resulting in the inability to complete their designated program within 150% of program hours will be withdrawn.
5. Pell students who did not meet appropriate attendance and grade requirements will be issued a warning. A warning is an indication that the student is not progressing satisfactorily. No action will be taken by the Financial Aid Office at this time.
6. Students who fail to meet satisfactory academic progress by the end of the payment period will be placed on probation. Students are permitted one probationary payment period and still remain Pell eligible, but not two consecutive payment periods. If a student fails to meet satisfactory academic progress for two consecutive payment periods, student will no longer be Pell eligible.
7. Failure to meet Pell requirements within the payment period could require students to assume responsibility for repayment of past and future tuition fees as well as Pell grant termination.
8. The Pell grant disbursement is processed as students progress through the payment periods designated by the length of each individual program. Disbursement will occur when a student has successfully achieved 50% of the hours and weeks of the designated payment period. All outstanding balances to Lively Technical College will be satisfied before students are issued a refund check.
9. Students experiencing a significant life change, including, but not limited to, change of employment, homelessness, prolonged illness, pregnancy, death of immediate family member, etc. may present documentation to the Financial Aid office for consideration.