Students not qualifying for assistance from the College and federal funds will be given suggestions for alternative means of obtaining assistance. In general, students should accept awards within 21 days of notification. Financial assistance is awarded for one school year or less, depending on the number of terms of intended enrollment. 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 clear academic standing.
Satisfactory progress is reviewed on a continuing basis during the school year.
Part-time students are not eligible for institutional financial awards, and federal aid is prorated, based on the number of credits taken. 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. 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 Service. Since changes occur regularly in federal regulations concerning financial aid programs, this information may change without notice.