/Institutions/College-of-Idaho/json/Current/Undergraduate-Catalog-local.json

/Institutions/College-of-Idaho/json/Current/Undergraduate-Catalog.json

Aid Offer or Notification

Students will receive two funding notifications. The letter of acceptance for enrollment will include the merit scholarship; the second notice will detail scholarships, loans, or other eligible aid. Students are asked to accept, adjust, reduce, or decline their financial aid offer prior to the start of their first semester each academic year.

• Financial aid offers are for one academic year or less, depending on the number of semesters of intended enrollment.
• Assistance continues each year, provided the student is still eligible to receive aid. The amount of federal aid granted and components of the financial aid package may vary from year to year, dependent on need and funding.
• The ability to provide aid depends not only on the availability of funds but also on the student maintaining Satisfactory Academic Progress, i.e., earning 24 credits per academic year. See Maintaining Eligibility for Financial Aid.
  • Satisfactory progress is reviewed on a regular basis, following semester end.
  • Part-time students (less than 12 credits) must earn half the required units and maintain academic standing.
• Part-time students (less than 12 credits per semester) are not eligible for institutional scholarships, and federal aid may be prorated based on the number of enrolled credits.
• All students receiving federal aid must be working toward a degree or teaching certificate to maintain eligibility. (Please note that graduate certificate programs are not eligible for federal or institutional financial aid.)

Most funds that appear on the Financial Aid Offer are applied to the student account with student acceptance via Self Service or written acceptance with valid ID, and confirmation of attendance following the 10th day of the semester (census day). Exceptions to this rule include:

• External scholarships are applied when the scholarship check is received by the College. Students must notify the Office of Student Financial Aid Services if they are receiving any external scholarships, as those may affect the overall aid package.
• Federal, state, and College of Idaho work-study earnings are paid directly to the student by check as money is earned.
• Federal Direct Subsidized Loans and/or Federal Direct Unsubsidized Loans are applied directly to the student account upon completion of the Loan Entrance Counseling session and Master Promissory Note.
• Federal PLUS Loans are applied directly to the student account.

Since changes occur regularly in federal regulations concerning financial aid programs, the information in this catalog may change without notice. Additional information about financial aid can be obtained from the Office of Student Financial Aid Services.