Financial Aid Policies

East Georgia State College places primary emphasis on financial need, academic achievement, and future academic promise.  Even though, the family is primarily responsible for assisting students in meeting their educational costs, financial aid is here to fill the gap between the student’s resources and educational expenses. In order to better accommodate our students, it is very important that all contact information is kept updated.  If there are any extreme changes in a student's financial situation, please advise your Financial Aid Advisor. 

Please be aware, any student receiving financial aid who withdraws before completing the semester, may be required to repay a portion of their award monies.  Students who have defaulted on a loan or owe a refund of any financial aid award at ANY institution, are NOT eligible to receive additional financial aid until the debt is resolved.

Students who want to receive financial aid for the Summer semester should submit a Summer Aid Application.

Basic Eligibility Criteria

Our general eligibility requirements are that you must:

• • demonstrate financial need (for most programs);
  • be a U.S. citizen or an eligible noncitizen;
  • have a valid Social Security number (with the exception of students from the Republic of the Marshall Islands, Federated States of Micronesia, or the Republic of Palau);
  • be registered with Selective Service, if you’re a male between the ages of 18 and 25;
  • be enrolled or accepted for enrollment as a regular student in an eligible degree or certificate program;
  • be enrolled at least half-time to be eligible for Federal Direct Loans;
  • maintain satisfactory academic progress;
  • not be in default on a federal student loan and do not owe money on a federal grant;
  • have a high school diploma or a recognized equivalent such as a GED certificate or complete a high school education in a homeschool setting that is approved under state law..

Student Responsibilities

In accepting your responsibilities, you must…

1. 1. Complete all application forms accurately and submit them on time,
   2. Provide correct information. In most instances, knowingly misreporting information on financial aid application forms is a violation of law and may be considered a criminal offense that could result in indictment under the US Criminal Code,
   3. Provide documents upon request to validate the information provided on the financial aid application. This is commonly referred to as “verification” and provides confirmation of a student’s eligibility for financial aid.
   4. Return all additional documentation, verification items, corrections, and/or new information requested by the Office of Student Financial Aid in a timely manner,
   5. Be responsible for reading and understanding all forms that you are asked to sign, and for keeping copies for your records,
   6. Maintain at least half-time student status,
   7. Remain in Good Academic Standing as described in the College Catalog and monitored by the College Registrar,
   8. Make satisfactory academic progress as defined in the satisfactory academic progress policy for financial aid,
   9. Be aware of and comply with deadlines for application or reapplication for aid,
   10. Be aware of EGSC's refund policies and procedures,
   11. Report changes in name, address, telephone number, and enrollment status to Financial Aid, and the College Registrar,
   12. Notify the Financial Aid Office immediately regarding other assistance, including external resources and other educational benefits, received for the academic year. Such assistance must be taken into consideration when determining the financial need of a student and may affect eligibility for federal need-based aid, primarily loan and grant programs,
   13. Notify the Financial Aid Office of changes in marital, enrollment and/or housing status which may result in a revision to financial aid eligibility,

Policies and Disclosures

• • Award Packaging Disclosure (PDF)
  • FAFSA Verification Explanation (PDF)
  • Fraud Policy (PDF)
  • Overpayment Disclosure (PDF)
  • Tax Transcript Requirement Disclosure (PDF)
  • Transient Student Policy (PDF)
  • Unusual Enrollment History (UEH) Policy (PDF)