Summer Processing Policy for 2011
Year Round Pell
You may have noticed a Pell Grant indicated on your award letter for fall, spring, and summer. Pell Grant is now more widely available to students who choose to enroll in classes during the summer to promote acceleration to graduation. This new program is called Year Round Pell.
Beginning with the 2009-2010 academic year, students became eligible for up to two scheduled awards, or four semesters per year of Pell Grant funding. For 2010-2011 students have a chance to receive a second annual Pell Grant award if they meet the summer 2011 processing policy.
Students who enrolled part time (1-11 hours) in fall / and or spring terms OR only enrolled in one of the fall or spring terms will still have remaining Pell Grant awarded from the first annual Pell Grant Award.
Summer 2011 Processing Policies for Year Round Pell (Adopted July 1, 2010)
• PTC defines its award year for Year-Round Pell as 24 completed credit hours and will pay Pell Grant awards out of the 2010-2011 or 2011-2012 award year, whichever award year provides the student with the most Pell Grant eligibility.
• Students must have a valid Institutional Student Information Record (ISIR) on file for the award year used to determine Pell grant eligibility (this document is the result of your successful filing of your FAFSA application).
• A student, who used 100% of their first scheduled award, must enroll in a minimum of 6 credit hours to be eligible for a second scheduled award.
• A student must have completed 24 credit hours during the fall and spring or be enrolled in at least one credit hour attributable to his/ her second scheduled award year.
• The student must continue to be eligible to receive financial aid under Pulaski Technical College’s Satisfactory Academic Progress Policy (SAP).
# 1. ELIGIBLE Student receives full time pell grant award for the fall 2010 and Spring 2011 semesters and enrolls in six hours or more for summer. The student would be eligible to receive pell grant if the student successfully completed 24 hours prior to Summer 2011 and remains in good standing under SAP.
#2. NOT ELIGIBLE Student receives full time pell grant award for the fall 2010 and spring 2011 semesters. The student completes 9 credit hours in fall 2010 and 9 credit hours in spring 2011. The student enrolls in 6 credit hours for summer. The student is not eligible as the student did not complete 24 hours. This student also does not have at least one credit hour which is attributable to the next scheduled award year (9+9+6=24).
#3. ELIGIBLE Student receives full time pell grant award for the fall 2010 and spring 2011 semesters. The student completes 9 credit hours in fall 2010 and 9 credit hours in spring 2011. The student enrolled in 7 hours for summer. The student would be eligible for summer pell. The student would have at least one hour over 24 which would be attributable to the second scheduled award (9+9+7=25).
Students who receive a second annual Pell Grant award for summer and drop below six hours (6) may be subject to a cancellation and/or repayment of aid. Additionally, students who do not begin courses for a second summer session for which they were previously registered may lose all or a portion of aid eligibility.
TRANSFER STUDENTS: Beginning in 2010-2011, calculation of the correct amount of Pell grant awards for transfer students who are eligible for two scheduled Pell awards will be based on the assumption method to determine acceleration toward the second scheduled Pell award. If a student receives 100% of the first scheduled Pell award at his/ her prior school, PTC will assume the student completed the first academic year. If the student received less than 100%, PTC will use the same ratio to PTC’s academic year as the percentage of the scheduled award received from the previous school(s). When rounding becomes necessary, PTC will round down.
For example: PTC assumes a student completed the same ration of the academic year as the percentage of Pell received at the prior school. If the prior school disbursed $2081 of a maximum scheduled award of $5550 it would assume 9 credit hours earned. PTC would take the $2082 multiplied by 24 credit hours (our defined academic year) and divide by the maximum of $5550 which would equal nine. The student is given 9 credits toward completion of the first academic year.
Special Circumstances: In certain circumstances, PTC’s Financial Aid administrator may waive the academic year completion requirements for a second scheduled award. This may be done if the Financial Aid administrator determines that the student was unable to complete the hours of the first academic year due to “circumstances beyond the student’s control.” Such circumstances may include, but are not limited to, the student withdrawing from classes due to a verifiable illness or the student being unable to register for classes necessary to complete his or her eligible program because classes were not offered. The determination must be made and documented on a student-by-student basis. Please note that “circumstances beyond a student’s control” do not include situations such as withdrawing to avoid a particular grade, failing to register for a necessary class that is offered during the term, or being unable to register because classes are full.
Pulaski Technical College