Academic Catalog 2023-2024

Academic Catalog 2023 - 2024

3. Complete an application for admission to Beacon College. 4. The Financial Aid Office receives electronic Student Aid Report (SAR) from the FAFSA Federal processor approximately three weeks after the application for federal financial aid is filed. In order to receive financial aid awards prior to the start of the semester, Beacon College must be listed as the school choice in Step 6 on the FAFSA. The FAFSA Federal processor will send Beacon College a copy of the Student Aid Report (SAR), and at the same time, the student is sent either an electronic copy or a postal copy. If the student does not receive a SAR within three (3) weeks of submission to the FAFSA Federal processor, please call the processor at (800) 433-3243 from 8:00 a.m. through midnight (Eastern Standard Time) or check on-line at www.fafsa.ed.gov. TTY users may call (800) 730-8913. 5. Complete the Beacon College Effective Access to Student Education (EASE) Application Form , and return it to the Financial Aid Office. This form is required in order to receive Florida Student Assistance Grant (FSAG) and the Florida Resident Access Grant (FRAG). The Beacon College FRAG Application Form can be downloaded from the Beacon College website. 6. The Financial Aid Office will access financial aid transcript information via the National Student Loan Data System (NSLDS). The student will be notified if additional information is needed. 7. If the student is selected for verification, the Financial Aid Office will advise the student of all required documents. After all documentation is received, verification may take up to three (3) weeks to be processed. General Information • A Master Promissory Note (MPN) and Entrance Counseling must be completed if the student elects to receive loans. Students must complete the MPN and Entrance Counseling at www.studentloans.gov. Loans cannot be processed until the MPN and Entrance Counseling is completed and all documents have been received by the Financial Aid Office. • The student will receive an award letter in his/her Beacon e-mail account once the Financial Aid Office processes the file. This award letter will specify the types of aid for which the student is eligible at that time. • Students must notify the Financial Aid Office if they are expecting to receive the Florida Bright Futures Scholarship. • The student is responsible for any follow-up on financial aid information. Students should not wait until school begins. Assistance If assistance is needed with the application process, please contact the Financial Aid Office. Before contacting the Office, please complete as much of the application as possible so that questions can be identified and answered. If an appointment is necessary, students should bring tax returns, including W-2s (and parents’ tax return if the application requires this information) as well as documentation of untaxed

income (e.g., Social Security benefits, AFDC, child support, etc.). Satisfactory Academic Progress for Financial Aid Recipients

All students receiving any form of Title IV Financial Aid must meet the standards of progress outlined below. The requirements for these standards are set by Federal regulations ( 34CFR Section 668.19 ). Beacon College is required to enforce these standards for students receiving Title IV Financial Aid. The following requirements are the standards of satisfactory academic progress (SAP) for Beacon College

22|Page