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• Federal Aid Recalculation

After you have been proven eligible for federal aid (Pell, ACG, and SEOG grants, work-study, subsidized/unsubsidized Stafford loans and PLUS loans), you must maintain a certain number of credits to continue to be eligible for aid for the current semester. If your enrollment changes, your aid must be adjusted.

The information below should help explain how a student’s federal Pell grant may be adjusted due to a change in enrollment.

1. ACC is required to recalculate a student’s initial federal Pell grant for any student who does not begin attendance in all of the credits which were used to determine the initial award. The revised award will be based on the number of credits a student actually attends. The full-time payment schedule will be used for students in 12 or more credits. The three-quarter time schedule will be used for students in 9 to 11 credits. The half-time schedule will be used for students in 6 to 8 credits. The less than half-time schedule will be used for students enrolled in less than 6 credits. In order to count towards eligibility for financial aid, credits must be requirements for your ACC degree or certificate.
   
   
2. In addition to the above, a student’s federal Pell grant is recalculated if his/her enrollment status changes during the bill adjustment period (the first three weeks of classes) including classes that are identified as “no show” by professors. Students are encouraged to visit the Financial Aid Office for a review of the consequences of dropping a class during this period. Students will receive the award amount provided on the federal Pell grant schedule appropriate for the eligible credits in which they are enrolled as of the end of the bill adjustment period.
   
   
3. A student’s federal Pell grant must be adjusted if he/she completely withdraws from all credits prior to completing 60% of the semester. This student would be subject to the federal government’s Return of Title IV (federal) Funds regulations. Also, professors may administratively withdraw a student at the 50% point for poor attendance. We advise students to meet with a financial aid administrator prior to withdrawal to review options and financial consequences.