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Policy 03:12:00 Return of Title IV Funds details the procedures for the return of Title IV Funds.
Title IV funds are awarded to a student under the assumption that the student will attend school for the entire period for which the assistance is awarded. When a student withdraws, the student may no longer be eligible for the full amount of Title IV funds that the student was originally scheduled to receive.
Policy 03:15:00 Federal Verification and Conflicting Data Policy explains Platt College's process mandated by the Federal government in which schools are required to and have the authority to collect documentation to verify data provided on a student's Free Application for Federal Student Aid (FAFSA).
Federal Student Aid, a part of the U.S. Department of Education, is the largest provider of student financial aid in the nation. At the office of Federal Student Aid, employees help make college education possible for every dedicated mind by providing more than $150 billion in federal grants, loans, and work-study funds each year to more than 13 million students paying for college or career school. Begin the FAFSA experience by completing an application.
Financial aid is awarded to students based on financial need.
Need-based aid is given to students who demonstrate financial need, based on Free Application for Federal Student Aid (FAFSA) results.
There are three kinds of need-based aid, two of which Platt College recognizes:
Once you have applied to the School of Nursing at Platt College and have determined your eligibility for financial aid, you can begin applying for aid in 5 simple steps.
In order to receive federal financial aid, an applicant must meet several eligibility requirements that are dtermined by the information submitted on the FAFSA. In order to meet eligibility at Platt College, an applicant must:
Financial Assistance Information
A Federal Pell Grant, unlike a loan, does not have to be repaid. Federal Pell Grants usually are awarded only to undergraduate students who have not earned a bachelor's or a professional degree. A Federal Supplemental Educational Opportunity Grant (FSEOG) is a grant for undergraduate student with exceptional financial need.
Transfer credit may be granted for courses completed at accredited institutions of higher education approved by the US Department of Education.
Decisions concerning transfer credit are based on (1) equivalence of course content and level of instruction to that provided by Platt College and (2) appropriateness and applicability of credit to the student’s program at Platt College.
External credit can only be accepted from students in the BSN program. Possible sources of external credit include (1) credit by examination, (2) military service/armed services schools, and (3) high school Tech Prep programs.
To receive external credit, the following conditions must be met:
