An award comprised of student financial aid resources for the enrollment period. It lists all of the aid being offered a student by the College, to include grants, scholarships, loans, and work. The student must notify Carroll of acceptance of awards by signing and returning the award letter. The financial aid package is developed based on information available to the Financial Aid Office at the time of packaging, and in accordance with the College's financial aid packaging policy. Changes to EFC or credit hours enrolled, and receipt of other aid resources, may result in financial aid package adjustments.
Performance is measured after grades are posted for the fall and spring semesters.
Students who have not made satisfactory progress will be notified and may not be eligible to receive federal and Carroll need-based financial aid. Carroll's financial aid satisfactory academic progress policy is available in the Financial Aid Office. In many instances, returning students will receive financial aid packages prior to the determination of compliance with SAP standards. If students have not met the SAP standards, their financial aid awards will be canceled and the students will be notified and made aware of the appeal process. Financial Aid Transcripts Transfer students to Carroll may be contacted to request financial aid transcripts from post-secondary institutions previously attended.