Loss of Financial Aid

Notification of Loss of Financial Aid The Office of Financial Assistance will send written notice to any financial aid recipients who do not meet minimum satisfactory progress standards. The notice will be addressed to each student’s most current local address on file with the Office of Financial Assistance. It is the responsibility of each student to have a correct address on record at all times in the Office of Financial Assistance.

Appeals Process Any student who has been terminated from financial aid has the opportunity to appeal such action to the Financial Aid Appeals Committee. The suspension may be appealed on the basis of an undue hardship, such as the death of a relative or an injury to or illness of the student, if the undue hardship is the cause of deficient academic performance. Documentation of the circumstances should accompany the appeal (i.e., doctors’ notes, etc.). If such an appeal is successful, some or all of the financial aid will be reinstated based on committee recommendation and funding availability at the time of appeal. All appeals must be in writing, and directed to the Director of Financial Assistance. Appeals may be mailed or faxed to (508) 213-2118.

Reinstatement of Lost Financial Aid Once a student regains satisfactory academic standing, or prevails upon appeal, his or her financial aid shall be reinstated, where continued eligibility and funding permits. For purposes of receiving financial aid, good academic standing is defined as meeting both qualitative and quantitative measures of academic progress as outlined previously. Once a student’s aid is lost, it may be reallocated to other students and is not reserved for any student pending appeal decisions. If reinstatement of aid is warranted, the college will reinstate a student’s aid with any remaining resources for which the student is eligible. Be advised that some sources of financial aid, such as achievement scholarships, have a grade point average requirement for reinstatement (CGPA 2.0). Nichols College cannot guarantee that a student’s aid package will be reinstated to match the previous amount awarded.

This publication provides information concerning the programs at Nichols College and does not constitute a contract with the student.

The policies and procedures contained in the 2015-2016 Nichols College Catalog will remain in effect until June 30, 2016. Nichols College reserves the right to change at any time the rules governing admission, tuition, fees, courses, the granting of degrees, or any other regulations affecting the campus community. Such changes are to take effect whenever college officials deem necessary.