Application, Eligibility & Payment

  1. Begin applying for financial aid immediately. Many scholarships and grants have deadlines.
  2. Complete a Free Application for Federal Student Aid (FAFSA). This form is needed for Federal Student Financial Aid and Ilisagvik College scholarships. The priority deadline is August 1, 2005. All applications received by this date will be reviewed first.
  3. Apply for admission into an Iḷisaġvik College degree, certificate, or endorsement program.
  4. Contact the Financial Aid Officer for a list of scholarships in your area and apply for them!5. Most importantly, FOLLOW UP on scholarship applications. Students should not assume that they will be receiving a scholarship simply because they have turned in the application.

Follow up with scholarship providers to make sure they have received all of the necessary information and continue to follow up until you have received an award letter or letter stating that all scholarships have been awarded.

Remaining Eligible for Financial Aid

The U.S. Department of Education requires students to maintain “Satisfactory Academic Progress” toward their degree or certificate in order to be eligible for financial aid. This applies to students who apply for the first time, as well as those who are currently receiving financial aid. All semesters are reviewed, including semesters when no financial aid is received. To meet the Satisfactory Academic Progress requirements students must:

  1. Earn a minimum 2.00 grade point average (GPA) each semester and maintain a minimum 2.00 cumulative GPA.
  2. Successfully complete a number of credits per semester based on the number of credits enrolled in during that semester. A credit will be considered successfully completed if it receives a grade of A, B, C, D, or P. A credit will not be considered successfully completed with a grade of F, W, I, AU, or TR.
    Enrollment Status Completed Credits Required
    Full-time (12 or more credits) 12
    Three Quarter Time (9-11 credits) 9
    Half Time (6-8 Credits) 6
    Less than Half Time (less than 6 credits) All credits attempted
  3. Receive a degree or certificate within the maximum number of semesters allowed based upon  enrollment status.
    Degree/Certificate Enrollment Status Max. Semesters Max Credits
    Associate Full time (12+ Credits) 6 90
    3/4 (9-11 Credits) 8 90
    1/2 (6-8 Credits) 12 90
    Less than ½ time No limit 90

Certificate – 150% of program time frame and credits as published in the catalog.
Endorsement – 150% of program time frame and credits as published in the catalog.

Financial Aid Suspension

Financial Aid Suspension occurs when a student does not maintain the Satisfactory Academic Progress standards. If the student’s financial aid has been suspended for not maintaining the Satisfactory Academic Progress standards, the students may submit an appeal to the Financial Aid Office to request reinstatement of financial aid. If the appeal is approved, the student will be required to sign a Financial Aid Contract outlining the specific requirements the student must meet in order to maintain Satisfactory Academic Progress and continue to receive financial aid. Students who do not meet the conditions of their Financial Aid Contract will not be eligible for financial aid from Iḷisaġvik College until they have completed a semester at their own expense, meeting the Satisfactory Academic Progress standards. Financial Aid Suspension occurs when a student does not maintain the Satisfactory Academic Progress standards. If the student’s financial aid has been suspended for not maintaining the Satisfactory Academic Progress standards, the students may submit an appeal to the Financial Aid Office to request reinstatement of financial aid. If the appeal is approved, the student will be required to sign a Financial Aid Contract outlining the specific requirements the student must meet in order to maintain Satisfactory Academic Progress and continue to receive financial aid. Students who do not meet the conditions of their Financial Aid Contract will not be eligible for financial aid from Iḷisaġvik College until they have completed a semester at their own expense, meeting the Satisfactory Academic Progress standards.

Payment of Financial Aid

Financial Aid will not be released to a student until the following has occurred:

  1. Students must meet with the Financial Aid Officer to accept their awards.
  2. Students must enroll in the number of credits required by the scholarship or grant.
  3. Students must attend class. The Financial Aid Officer will verify attendance for all financial aid recipients.

Financial aid will not be released to a student prior to the first day of instruction for the program in which the student is enrolled. Tuition, fees and all other amounts owed to Iḷisaġvik College must be paid before the proceeds of your financial aid are released. All students must meet with the Financial Aid Officer to accept their financial aid before their financial aid can be applied to the tuition, fees and other expenses the student may owe Ilisagvik College. The funds will then be disbursed by the Business Office. Proper identification with a photograph must be presented before funds will be released.

Proceeds from financial aid will be used to pay any outstanding amount due Iḷisaġvik College on a Deferred Payment Agreement and all other past due amounts when the financial aid is disbursed to you,  regardless of the payment agreement due dates. You should allow at least five days for processing after accepting your awards before inquiring about your check. Contact the Business Office at 907-852-1844 for information about student billing and checks available for pickup.

If you receive federal financial aid and totally withdraw from classes during the semester, you may be responsible for repayment of a portion of the financial aid received for that semester. The amount of a refund, repayment or return of federal aid is based on the U.S. Department of Education regulations concerning return of federal financial aid. Any refund or repayment calculation exceeding the amount of the refund determined by College policy will be charged to the student. Students receiving financial aid are encouraged to meet with their academic advisor and with the financial aid officer before making the decision to withdraw from classes.