All About Grants
Qualify Based on Your FAFSA
Grants are one of the best types of financial aid because you don’t have to pay them back. They’re designed to help make college accessible for everyone so that all students can pursue their dreams.
The two biggest grant programs are the Federal Pell Grant and the Federal Supplemental Educational Opportunity Grant. You may have heard that if your family’s income is above a certain level, you aren’t eligible for federal grants. That isn’t necessarily true.
No matter what your family income may be, you should fill out the FAFSA. Students who skip the FAFSA leave billions of dollars on the table every year.
Oakland Community College established a Policy with the implementation of Datatel for recalculating the Federal Pell Grant based on Enrollment changes and refund periods during a semester. Federal Pell Grant (PELL) is included in the following Policy.
A student’s financial aid award is paid out based on current enrollment at the time of transmittal. Transmittals are run biweekly throughout the Financial Aid Payment Period (Semester).
All classes at Oakland Community College have an individual 100% refund period which is described in the Oakland Community College Catalogue. A student shall receive all eligible Pell funding for any classes that the student is enrolled in beyond the end of the 100% refund period for that class. The total of all credits represented by all classes that the student is enrolled in through the 100% refund period will establish the enrollment for which Pell will be calculated and paid by OCC.
If a student drops a course within that 100% refund period of the course then the student will receive a refund for the cost of the classes and that course will not be considered in the Federal grant eligibility calculation. If the student has already received Pell grant funds for that class before the student dropped and earned 100% refund, then the student will be billed for the appropriate amount of Pell funds received based on the new enrollment status.
If a student registers for a class before the 100% refund period of that class has ended then the enrollment will be adjusted for that class and the Pell will be recalculated to include the additional enrollment.
If a student registers or drops a class after the 100% refund period of that class, then the class will not be included in the recalculation of Pell as the registration. As a result, enrollment will not be increased for a class added after the 100% refund period of the class and enrollment will not be decreased for a drop that occurred after the 100% refund period of the class.
Student Financial Resources and Scholarships will consider exceptions to the enrollment if the student, by no mistake of their own, was dropped or added to a class by enrollment services as an institutional error. For example, if a student added a class at the start of the semester, and then was dropped from the class by enrollment services as a result of an institutional error, SFRS may pay on the class after the class is reinstated, even if the class is re-instated after the 100% refund date.
Negative and Positive Adjustments based on this policy may be made throughout the entire Payment Period (Semester).
If a student withdraws from all classes of enrollment after the 100% refund period of the classes, then the student will be process through the Return of Title IV Procedures.