Financial Aid Consumer Information

The Higher Education Opportunity Act of 2008 (H.R. 4137) was signed into law on August 14, 2008. This Law mandates that we provide you with a significant amount of additional information in a variety of formats.

We will post all summary information on this page so that it is easily accessible to the community. Links to additional detailed information within the web site will also be provided. This page concentrates on Financial Aid and Scholarships.

General Financial Aid Information

· Financial Aid Home Page- Check the home page to find a direct link to a particular topic.
· Availability of employees for information dissemination – See the staff listing on the Financial Aid Home Page
· The rights and responsibilities of students receiving aid – See Rights and Responsibilities

Financial Aid Programs

· Need-based and non-need-based federal financial aid programs descriptions;
     · Student Aid on the Web
     · Projected Changes for 2010-2011

· Need-based and non-need based state and local aid programs, school aid programs, and other private aid
     · Financial Aid Home Page
     · "Outside" Scholarship Programs

· How the school distributes aid among students;
     · Applying for Aid
     · Information on Average Awards Reported to the Department of Education (click on the financial aid link)

· How and when financial aid will be disbursed;
     · Financial Aid and Your Bill

Study Abroad Programs

KVCC does not have study abroad programs, but were a student to be involved in a study abroad program through KVCC, a program of study abroad approved for credit by KVCC may be considered enrollment in KVCC for purposes of applying for federal student financial aid.

The terms and conditions of any employment that is part of the financial aid package;

· The Federal Work Study Program - general program information from the Department of Education's website, Student Aid on the Web

· Student Employment – See this page from the website of Loyola University for links to tips on best jobs for college students, balancing work and college studies, and federal tax issues.

· KVCC Work Study Federal Work-Study is a federal financial aid work program funded by the United States Department of Education. KVCC administers this program in accordance with the laws, federal regulations, and instructions issued by or on behalf of the Department of Education, as well as its own institutional policies. KVCC’s Federal Work-Study Program is administered without regard to race, creed, color, sex, non-disqualifying disability, or national or ethnic origin.

Student Loan Issues

· Projected Changes for 2010-2011

· Student Loan Repayment

· Consequences of Defaulting on a Federal Student Loan

· Code of Conduct for Staff Members in the Office of Scholarships and Financial Aid

· Entrance Counseling for Student Loan Borrowers

· Exit Counseling for Student Loan Borrowers

· For the terms and conditions under which students receiving federal education loans may obtain deferments while serving in the Peace Corps; under the Domestic Volunteer Service Act; and as a volunteer for a tax-exempt organization of demonstrated effectiveness in the filed of community service; go to the Student Loan Repayment page or the Community Service Programs page.

Criteria for measuring satisfactory academic progress, and how a student who has failed to maintain satisfactory progress may reestablish eligibility for federal aid:

· Satisfactory Academic Progress Policy

The costs of attending the school (tuition and fees, books and supplies, room and board) · Tuition and Fees

· Applicable transportation costs, such as commuting) and any additional costs of the program in which the student is enrolled or has expressed an interest;

· Calculating Living Expenses

· Calculators - links on this page will let you calculate how much you will owe to KVCC after all of your aid has been credited against your outstanding charges for tuition, fees and books (if you charge them against your financial aid). There are additional cal
culators to help you explore loan repayment options and college savings plans.

· A statement of the requirements for the return of Title IV funds when a student withdraws from school, information about any refund policy with which the school must comply, and the requirements for officially withdrawing from the school: see Student Aid and Your Bill and KVCC Withdrawal Refund Policy.