Financial assistance is awarded for one school year or less, depending on the number of terms of intended enrollment. Students must re-apply for aid each academic year. Assistance continues each year provided the student is still eligible to receive aid. The amount of aid granted and components of the financial aid package may vary from year to year. The ability to provide aid depends not only on the availability of funds but also on the student maintaining Satisfactory Academic Progress, i.e., earning at least 24 credits each school year and maintaining academic standing.
Satisfactory progress is reviewed on a continuing basis each school year.
Part-time students are not eligible for institutional financial awards. Federal aid is prorated based on the number of credits taken. Any enrolled student on academic probation or any new student admitted on probation may not be awarded institutional financial aid unless otherwise approved through petition to the Financial Aid Committee through the Office of Student Financial Services. In addition, all students receiving federal aid must be working toward a degree or teaching certificate. Enrollment in a college study abroad program that is approved for credit by Albertson is considered enrollment at Albertson College for the purpose of applying for federal student financial assistance.