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Correspondence Study
·
Distance Education
·
Internship, Research Courses, and Co-Op
Assignments
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Extension Courses
·
Study Abroad Program
·
Incarcerated Students
In
special enrollment options, the financial aid process will take
longer than usual due to the special nature of the program. Please
allow extra time for processing and receiving any funds for which
you might be eligible.
I. Correspondence Study
Correspondence courses are those courses in which the primary
delivery format is print-based; some correspondence courses include
a videotape and/or audio supplement. Students in correspondence
courses work independently. Regulations for correspondence
courses are different for federal and
state financial
aid.
1. Semester-Based Correspondence Study
have starting and ending dates that are identical to the
regular fall, spring, and summer semesters/sessions.
Semester-Based Correspondence courses are
identified by section number 300.
All coursework
must be completed within the term. Semester-Based Correspondence
Study are considered for federal financial aid, but special rules
apply.
2.
Semester-Based Correspondence Study with Regular Coursework:
Students
enrolled in a combination of semester-based correspondence and
regular coursework may be eligible for federal financial aid;
however, special rules are used to determine the student’s cost of
attendance and financial aid eligibility.
3. Note: A student must
be enrolled in at least six credit hours of regular coursework in
addition to correspondence courses to be classified higher than half
time. Regular coursework includes on-campus and distance
education courses (excluding correspondence study and year-based
courses). See Enrollment Status Chart below.
4. Enrollment Status:
The
following charts are guides for determining enrollment status for
Federal Aid (Chart 1) and State Aid (Chart 2). This
information pertains to semester-based ISU courses. In some
cases, you also may be eligible to receive financial aid for
year-based study. Special stipulations apply. For more
information, contact your ISU financial aid counselor.
|
Chart 1: Enrollment Status for Federal
Financial Aid |
|
Regular Courses (On-campus and/or Distance) |
Correspondence Courses |
Total Course Load |
Enrollment Status |
|
0 |
6 or more |
6 |
Not eligible until 50% of all course work is done, then Half time status may be granted. |
|
2 |
6 |
6 |
Half-time |
|
3 |
3 |
6 |
Half-time |
|
3 |
6 |
6 |
Half-time |
|
3 |
9 |
6 |
Half-time |
|
6 |
3 |
9 |
¾-time |
|
6 |
6 |
12 |
Full-time |
|
Note: To be classified as
higher than half-time, students MUST be enrolled in at least
six (6) hours of regular courses in addition to correspondence
coursework. You must be enrolled as of the
seventh (7th) day per term to receive a Pell Grant. |
|
Chart 2: Enrollment Status for State (Indiana)
Financial Aid |
|
Regular Courses (On-campus and/or Distance) |
Correspondence Courses |
Total Course Load |
Enrollment Status |
| 12 |
0 |
12 |
Full-time |
| Note: To be eligible, You MUST be enrolled in at
least 12 hours of Regular courses as of the 28th day per term. |
5.
Students enrolled solely in semester-based correspondence courses
are:
· Never considered to be more than half-time students - even
if their total hours are enough to normally be considered
full-time. (See chart above.)
· Not eligible to be considered for
Federal financial
assistance until at least 50% of all the coursework is completed.
· Limited in what expenses can be considered in determining
the cost of attendance. Only tuition and fee, books and supplies
costs are counted in the determination of aid eligibility.
· Paying
their tuition and fees in full.
· Contacting
the Office of Student Financial Aid, after completing the required
percentage of coursework.
6. Students
must enroll and complete the semester-based correspondence course(s)
within the same semester. Failure to satisfactorily complete the
course by the end of the term may result in failing your
Satisfactory
Academic Progress standards.
7. Students desiring financial aid for correspondence study courses
should contact the Office of Student Financial Aid for information.
II. Distance
Education
Distance
education courses are those courses in which the primary delivery
modality is the Internet, videotapes, or television. Regulations
for federal and state financial aid are different for distance education.
1.
Semester-Based Distance Courses (web, DVD, televised)
have starting and ending dates that are identical to the regular fall,
spring, and summer semesters/sessions. All coursework must be
completed within the term and are considered for federal
financial aid, but special
rules apply.
2.
Year-Based Courses
(print-based or web-based)
have an open start date with up to 12 months from the enrollment
date for students to complete the coursework. Year-Based Courses are
identified by section number 620. These courses may count
towards hours of registration for aid purposes if they are part of
your degree pursuit. You should contact your financial aid counselor
before registering for these courses.
3. Year-Based
courses are not eligible for State aid.
4.
Special stipulations apply for Federal financial aid. Initial disbursement of
aid for these hours is possible only after 25% of the required
coursework is completed.
5.
Second disbursements may only be made after
confirming that 75% of the required coursework has been finished.
6.
You should also contact your financial aid counselor after
completing your coursework.
III. Internship,
Research Courses, and Co-op Work Assignments
Students enrolling in these classes may have aid eligibility
calculated on their actual official recognized registration hours.
They are not eligible for federal financial aid, including Stafford
or Parent Loans, based on the "full-time equivalent" status assigned
by the academic department. Cost of Attendance (COA) figures are
based on the actual fees assessed for the classes and the number of
credits in which the student is enrolled. Other COA elements are
assigned according to the category in which a student belongs
(in-state or non-resident, housing arrangements, etc.). Half-time
enrollment is required for loan programs. Pell grant awards may be
available for less than half time enrollment, if otherwise eligible.
Graduate students must be enrolled at least half-time in
graduate courses in order to have aid eligibility determined at
the graduate level. All students must be accepted into a degree-seeking
program.
An ISU
student participating in extension courses (through the Credit
Outreach program) may be eligible for assistance if enrolled
half-time and admitted to a degree program. Usually enrollment can
be confirmed by the computer system. Half-time enrollment is
required for all aid. Pell Grant awards may be available for
less-than-half-time enrollment if otherwise eligible. If the course
does not appear on the computer system, the student will be asked to
provide documentation of enrollment. The statement must include the
semester of enrollment, the number of credit hours, and in which
program the student is participating. Students must be accepted into
a degree-seeking program.
V.
Study
Abroad Program
Applying for financial aid to help defray the cost of a Study Abroad
Program begins at the
Study Abroad Office.
Students should contact the Coordinator for Study Abroad Programs in Stalker Hall 215, College of Arts and Sciences or
call the office at 1-812-237-3427. A Study Abroad Worksheet is completed and forwarded
to the Office of Student Financial Aid. We will review the form and
make any necessary adjustment to the student’s Cost of Attendance
and financial aid awards. A new Financial Aid Notification is sent
to the student if awards are changed.
Information necessary to determine your eligibility for financial
aid consists of:
· Course numbers and course title
for all courses
· Number of credit hours for each
course
· Beginning and ending dates for
all the study abroad courses
· Expenses associated with
tuition, fees, travel, books, and/or supplies
Students incarcerated in federal or state prisons are not eligible
for any Title IV assistance. However, they may be eligible for the
Higher Education Award portion of the Frank O'Bannon Grant Program.
Timely completion and submission of a FAFSA to the federal
government is required of the student.
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