Academics | Origin: FA231
This is a general discussion forum for the following learning topic:
Regulatory Compliance - Outside the Financial Aid Office --> Academics
Post what you've learned about this topic and how you intend to apply it. Feel free to post questions and comments too.
Communication regarding students' SAP status is important between the department that calculates SAP and the Financial Aid Office to avoid students continuing to receive aid when not eligible.
Students are allowed to take an LOA but must pick up where they left off.
To continue receiving title 4 funding, an academic evaluation is done after each pay period. Students must meet satisfactory progress to get financial aid.
I learned that an institution can be accredited by more than one agency. The primary agency must be recognized nationally.
You have to make sure everything follows the rules and also you use PJ's and you should be fine when doing this position.
There are a set of rules for students that take a LOA and administrators must follow up on their LOA.
Academic evaluation is important to maintain Title IV Funding - if standards are not met then there should be systems in place to check this.
This helped me in terms of better understanding the SAP policies.
I will be reviewing and updateing the policies for SAP
My take away is that students enrolled in an academic program for 1 year or less must have an academic evaluation at the end of each payment period.
