The University of Central Arkansas has entered into consortium agreements with other institutions of higher learning to enhance the educational opportunities of students participating in the program(s) covered in the agreement. UCA currently has two consortium agreements, which are listed in the policy. The “Home” institution is the school that is designated to process financial aid applications for otherwise eligible students enrolled in a consortium program.
All current policies relating to course attendance, withdrawal from a course or the institution, residential living, course materials, and tuition and fees shall apply, unless the situation is deemed an exceptional one and is supported by appropriate and acceptable documentation. In all cases, except for the closing of the University, it is the responsibility of the student to submit a request for any exception to existing policy.
Students receiving federal financial aid at the University of Central Arkansas are required to read the Required Reading document appropriate for the year/term in which funds are accepted. This document contains important information regarding your aid.
The Higher Education Amendments of 1998 changed the way federal funds are to be handled when a recipient of federal financial aid withdraws from school. The new rules assume that a student earns his or her aid based on the period of time he or she remained enrolled. Unearned Title IV funds, other than work-study, must be returned.
Federal regulations require students to be making satisfactory progress toward the completion of a degree or certificate program in order to receive Title IV aid. Title IV programs include: Pell Grant, Supplemental Educational Opportunity Grant (SEOG), Work Study, Perkins Loans, Stafford Loans, and PLUS Loans. A student’s Satisfactory Academic Progress (SAP) is reviewed at the end of each term. When a student’s academic performance does not meet the requirements of this policy, they will become ineligible to receive federal financial aid.
The Higher Education Act of 1965, as amended (“HEA”), Title IV, Part G., Section 487(a)(25), requires the University of Central Arkansas (“UCA”) to administer and enforce the above code of conduct to govern educational loans. UCA’s officers, employees, and agents shall comply with this code of conduct.