Financial Aid Eligibility
To be eligible for federal assistance, a student must:
- Be enrolled at least half-time in a degree or certificate program that leads to gainful employment and be in good standing, making satisfactory progress;
- Not be in default on any loan from a student loan fund or on a loan guaranteed or insured under the Federal Student Loan Program;
- Not owe a refund on a federal grant previously received or in default of other federal debt;
- Meet other eligibility requirements, such as those related to selective service registration, citizenship, drug convictions* and aggregate aid limits;
* Special Note: Impact of Drug Conviction on Title IV Eligibility Please be advised that under federal law, a recipient of Title IV student financial assistance who is convicted for possession and/or sale of illegal drugs while enrolled as a student at KCUMB, will be ineligible for further Title IV funds for a fixed period of time, as indicated below.
| Possession of Illegal Drugs | Sale of Illegal Drugs | |
|---|---|---|
| 1st Offense | 1 yr from conviction date | 2 yrs from conviction date |
| 2nd Offense | 2 yrs from conviction date | Indefinite period |
| 3+ Offenses | Indefinite period | |
A student regains eligibility the day after the period of ineligibility ends or when the student successfully completes a qualified drug rehabilitation program. The student will lose eligibility again upon a subsequent drug conviction.
For complete information, please see FAFSA web page at http://www.fafsa.ed.gov/faq003.htm or contact the Federal Student Aid Information Center at 1-800-4-FED-AID.