Financial Aid Quick Guide

Your success is important to us!

Changes are made to Federal Student Aid regulations yearly that impact student eligibility. The Alamo Colleges Student Financial Aid Department (SFA) prepared this guide to assist you in developing strategies to successfully apply for, receive, and maintain financial aid eligibility. Let us know if you would like additional information or clarification of any of these points. 

 NEWS YOU NEED TO KNOW
 

1. The Higher Education Act and current regulations require that a student maintain Satisfactory Academic Progress (SAP) to be eligible to receive financial aid. Schools are required to periodically evaluate whether students are meeting SAP to ensure their academic standing is consistent with graduation requirements. Alamo Colleges District SAP requirements are:

• Maintain a 2.0 minimum overall GPA.
• Complete a minimum of 66.6% of all classes in which they enroll.
• Complete an Associate Degree before exceeding 99 hours of attempted college level course work.
• Complete a Bachelor Degree before exceeding 180 hours of attempted college level course work.

SAP is evaluated after every spring semester. Students who do not meet SAP are placed on suspension status, indicating all future semesters’ eligibility for federal or state financial aid is immediately suspended. An appeal process exists for students with extenuating circumstances which impacted their ability to successfully complete their courses.

2. Students who submit all required documentation by the dates noted above, and meet all eligibility requirements, are guaranteed to have their financial aid application processed by start of classes for the designated enrollment period. 

3. Students submitting documentation after the Processing Guarantee Dates must be prepared to either: 

• pay their tuition bill in full or
• enter into the Alamo Colleges District’s payment plan with the Bursar’s Office.

The Alamo Colleges District continues processing all applications submitted after the Processing Guarantee Dates and will make every effort to award students by the start of classes. However, there is no guarantee that all applications can be reviewed, completed, awarded, and paid prior to the Payment Deadline.  Students who qualify will receive their financial aid eligibility refund amount when funds become available. All eligibility requirements remain in effect.

4. The Alamo Colleges District’s student aid is awarded from a student’s Primary College which must also be listed on the completed FAFSA form; but students may enroll at any of the colleges and receive aid based on the combined number of hours enrolled. 

5. Student application data must be reviewed if a student is “Selected for Verification” (SFV) by the U. S. Department of Education-Central Processing System. The verification process is tailored to each student’s individual requirements. All required documents are completed through ProVerifier, located at the link in the student’s ACES account. Students should be prepared for the verification process by allowing six (6) weeks after all documents have been submitted.

6. Two easy and convenient options are available to obtain copies of federal tax return (tax return transcript) forms: by phone at 1-800-908-9946 or online at http://www.irs.gov/individuals/get-transcript which includes both the option to receive the transcript online or by mail.

7. The student’s full name and Social Security Number must match exactly as listed on both the ApplyTexas and FAFSA applications. New students and those changing home colleges within the Alamo Colleges District should confirm their ApplyTexas status and FAFSA applications with the appropriate Student Services department at their primary college.

8. All students receive access to enroll, check grades, and conduct business with the Alamo Colleges District through the ACES student portal. Students have access 24/7 to view their financial aid application and document status in ACES. Additionally, messages and email notifications from SFA are routinely updated in ACES email. A Financial Aid ACES tutorial is available online, and the MyPage tab provide quick access to application status.

9. In order to access the MyPage tab to check financial aid status and email, students must have an active ApplyTexas application on file that designates their primary college as Northeast Lakeview, Northwest Vista, Palo Alto, St. Philip’s or San Antonio College, must submit official transcript(s), and must be admitted. Current students already have an active ApplyTexas application.

10. All registration and payment deadlines as listed in the Registration/Payment Calendar will be adhered to.

11. Eligibility for the Federal Pell program is based on a student’s SAI (Student Aid Index) as determined by their FAFSA. In addition to the SAI, family size, adjusted gross income, and poverty guidelines are also considered. Both of these criteria will determine the Scheduled Pell Award for the student, which is the maximum Pell grant they can receive for the fall and spring if they attend full-time (12+ hours). The amount that then credits into the student’s account for the semester is based on the actual number of hours enrolled, from 1-12 credit hours. This recalculation based on a student’s individual credit hours is known as Enrollment Intensity.

State Aid programs are also awarded based on full-time enrollment, and the amount that credits is based on actual enrollment. State aid is not paid on less than half-time enrollment

12. The Federal Pell program and some State Grant programs recalculate the paid amount whenever students add or drop classes through the Census Date for each term in a semester.

• classes are added and the SFA is not informed or able to increase a Pell Grant payment
• classes are dropped and the SFA has recalculated the Pell Grant downward resulting in a balance owed

13. Return of Title IV Funds (R2T4) - Federal Student Aid (FSA) funds are awarded to students under the assumption they will attend school for the entire semester. If a student withdraws from all classes (or earns all “F” grades), the award amount must be recalculated. If the withdrawal occurs before the attendance in a minimum of 60% of an enrollment period, the award amount is recalculated to determine the amount of funds the student did not earn. The unearned proportion of aid paid plus the tuition owed to the college will be repaid by the student.

14. Financial aid funds and tuition refunds are issued through BankMobile Disbursements. Visit Alamo Colleges Business Office Refunds webpage for Information on the Refund Options, Refund Schedule, New Cash Management Rules and the BMTX, Inc. Contract