ACADEMIC ELIGIBILITY FOR FINANCIAL AID

In order to maintain eligibility for financial aid, all students who receive financial aid from the federal and or state government are required to meet specific standards of academic progress (total number of credits passed and the student’s grade point average in a specific semester). The Financial Aid office maintains current records on all students receiving financial aid and monitors their eligibility for such aid. More detailed information is available through the Financial Aid Office and the links below.

For Federal Aid www.fafsa.ed.gov
To find your home state website www.fafsa.com/statedeadlines
For New York State www.HESC.com
Free financial aid and financial literacy services www.mapping-your-future.org 
Direct Student Loans http://dlenote.ed.gov/empn/index.jsp

 

Federal Financial Aid Eligibility Requirements

To be eligible for financial aid consideration, a student must meet the following requirements:

  1. Demonstrate financial need (for most aid programs);
  2. Be a U.S. citizen or an eligible noncitizen;
  3. Have a valid Social Security number (with the exception of students from the Republic of the Marshall Islands, Federated States of Micronesia, or the Republic of Palau);
  4. Registered with Selective Service;
    • required if you’re a male (you must register between the ages of 18 and 25)
  5. Be admitted to the AAMI associate degree program;
  6. Enrolled at least half-time (6 credit hours/semester) for Direct Loan Program eligibility;
  7. Maintain Satisfactory Academic Progress;
  8. Sign the certification statement on the Free Application for Federal Student Aid (FAFSA) stating that:
    • You are not in default on a federal student loan and do not owe money on a federal student grant and
    • You will use federal student aid only for educational purposes; and
  9. Show you’re qualified to obtain a college education by
    • Having a high school diploma or a recognized equivalent such as a General Educational Development (GED) certificate;
    • Completing a high school education in a homeschool setting approved under state law (or—if state law does not require a homeschooled student to obtain a completion credential—completing a high school education in a homeschool setting that qualifies as an exemption from compulsory attendance requirements under state law).