It’s the time of year when students are starting to think about college and how to pay for it. Many students rely on financial aid to help cover the cost of tuition, books, and other expenses. But what disqualifies you from getting financial aid?
Incarceration, misdemeanors, arrests, and more serious crimes can all affect a student’s aid. Smaller offenses won’t necessarily cut off a student from all aid, but it will limit the programs they qualify for as well as the amount of aid they could receive. Larger offenses can disqualify a student entirely.
For example, if a student has been convicted of a drug-related offense, they may be ineligible for federal student aid. Even if the offense was minor, it could still affect their eligibility. The same is true for any felony convictions.
In addition to criminal convictions, students may also be disqualified from receiving financial aid if they have defaulted on a student loan or owe money to the government. If a student has defaulted on a loan, they will not be eligible for any federal student aid until they have made satisfactory arrangements to repay the loan.
Students may also be disqualified from receiving financial aid if they have failed to maintain satisfactory academic progress. This means that they must maintain a certain grade point average and complete a certain number of credits each semester. If a student fails to meet these requirements, they may be ineligible for federal student aid.
Finally, students may be disqualified from receiving financial aid if they are not a U.S. citizen or permanent resident. This includes students who are in the country on a student visa.
It’s important for students to understand the requirements for financial aid and the potential consequences of not meeting them. Knowing what disqualifies you from getting financial aid can help you make informed decisions about your education and ensure that you are eligible for the aid you need.
Dec 22, 2022
