Financial Aid Federal Student Financial for Studying Abroad
Federal Student Financial for Studying Abroad
OKLAHOMA CITY COMMUNITY COLLEGE
FACT SHEET
STUDY ABROAD
Federal Title IV Student Financial Assistance regulations allow for students to receive federal funds to take a course(s) in an official College Study Abroad semester(s). A student who is eligible for Title IV grants or loans may receive funds provided the student has current eligibility.
Students should plan to contact the Financial Aid Office early if they are seeking assistance for a Study Abroad semester. This will allow time for the Financial Aid Office to evaluate eligibility and provide funding for the semester if funds are available. The following variables are to be considered when evaluating eligibility for Study Abroad.
- Student must be seeking a Certificate or Degree at OCCC, and all academic transcripts from prior colleges and universities must be on file in the OCCC Records Office.
- Student must be making Satisfactory Academic Progress by financial aid regulations.
- The course(s) the student is taking in the Study Abroad Program must be on the certificate or degree plan for the student at OCCC.
- Student must have eligibility for Federal Title IV funds for the semester(s) of Study Abroad.
- Students who have received their maximum allowable funding for the current academic year will not be eligible for grants or loans for funding any remaining enrollment for the year.
- Student must be enrolled in a sufficient number of credit hours for the semester(s) of Study Abroad to receive financial assistance funds.
- To receive student loan funds, a student must be enrolled at least half time for any given semester.
- Some students with a low Expected Family Contribution (EFC) may receive Pell Grant funds if enrolled less than half-time.
- Half-time enrollment for financial aid purposes for receiving Federal Title IV funds is 6 credit hours in any semester: Fall, Spring, or Summer.
rev. 1/4/13