The Higher Education Opportunity Act of 2008 requires disclosure of policies that can affect students in colleges and universities. The following information is disclosed to you as a student at Everett Community College in compliance with this federal law.
Terms and Conditions of Federal Student Loans
Terms and conditions of Federal Student Loans (Stafford and Alternative) are listed on the Master Promissory Note signed by a borrower accepting the loan.
Rights and Responsibilities information: Federal Stafford Loan
Entrance and Exit Counseling Information for Federal Student Loans
Both Entrance and Exit Counseling information is available on the Direct Loans web site for Stafford Loans.
Federal Student Financial Aid Penalties for Drug Law Violations
Federal law states that a student who has been convicted of an offense under any federal or state law involving the possession or sale of a controlled substance during a period of enrollment for which the student was receiving Federal financial aid shall not be eligible to receive any federal grant, loan, or work assistance during the period beginning on the date of such conviction and ending after the interval specified in the following table.
If convicted of an offense involving:
|Possession of a Controlled Substance||Ineligibility Period|
|First Offense||1 year|
|Second Offense||2 years|
|Sale of a Controlled Substance||Ineligibility Period|
|First Offense||2 years|
A student whose eligibility has been suspended based on a conviction for possession or sale of a controlled substance may resume eligibility before the end of the ineligibility period if:
1. the student satisfactorily completes a drug rehabilitation program that:
a. complies with the criteria prescribed in the federal regulations; and
b. includes two unannounced drug tests;
2. the student successfully passes two unannounced drug tests conducted by a drug rehabilitation program that complies with the criteria prescribed in the federal regulations; or
3. the conviction is reversed, set aside, or otherwise rendered nugatory.
Code of Conduct for Financial Aid Professionals and Advisory Disclosure
The Office of Financial Aid at Everett Community College adheres to the National Association of Student Financial Aid Administrators Code of Conduct as required by law.
The Office of Financial Aid discloses that currently no financial aid professional on staff is serving on a lender advisory board.