Important Financial Aid Policies
30-day Delay Policy
All financial aid funds will begin disbursing approximately 30 days after the start of class. All financial aid refunds will be processed after disbursement. The 30 days begin on the first day of the semester. You should be prepared for this delay including arrangements for living expenses. Book vouchers will be available for eligible students through the first week of the semester to assist with book costs. If your finalized financial aid awards equal or exceed your balance due and you have no remaining requirements for the financial aid process, your tuition and fees will be deferred and your enrollment will be exempt from cancellation due to nonpayment.
Satisfactory Academic Progress
Federal regulations require that financial aid recipients maintain Satisfactory Academic Progress (SAP) in order to remain eligible for Title IV Federal Financial Aid (Federal Pell Grant, Federal Supplemental Educational Opportunity Grant, Federal College Work Study, Federal Stafford Student Loans and Federal Parent Loans).
Satisfactory Academic Progress at Manhattan Tech requires:
- Cumulative SAP GPA of 2.00 (on a 4.00 scale) or higher for all coursework taken at Manhattan Tech (including general education courses and repeats).
- Completion of at least 75% of attempted credit hours. For example: If a student attempts 15 credit hours but only completes 9 credit hours, he/she will have only completed 60% of the attempted hours and will not meet SAP guidelines.
- Maximum hours attempted at Manhattan Tech (including general education courses and repeats) cannot exceed 150% of the published length of the student’s program. For example: Students enrolled in a 40 credit hour technical certificate program may be eligible for Title IV Federal Aid for a maximum of 60 credit hours. Students enrolled in a 62 credit hour associate degree program may be eligible for Title IV Federal Aid for a maximum of 93 credit hours.
At the end of each semester, or when otherwise requested, grades are submitted to the Registrar and Satisfactory Academic Progress is determined by the Office of Financial Aid in an automated process after grades are official. Students not meeting SAP are notified in writing that they are either on probation or are no longer eligible for Title IV Federal Aid for future semesters. A student may be placed on probation following the first term that he/she does not meet SAP requirements. A student loses financial aid eligibility the semester following the probationary semester if he/she fails to come into compliance. Continued unsatisfactory work may be grounds for dismissal from his/her program.
Title IV Federal Aid may be reinstated when SAP requirements (listed above) are met, or by appeal. In order to appeal, a student must complete the Satisfactory Academic Progress Appeal Form.
A student who has lost Title IV Federal Aid eligibility may still enroll and pay tuition and fee charges from their own resources unless academic policies prohibit it.
Payment of Tuition, Fees and Other Costs
Tuition and fees are due at the beginning of each semester and are determined by the number of credit hours in which the student is enrolled. A student who has not met this obligation within 10 days after the due date may be dismissed from Manhattan Tech. This does not apply to students who have financial aid eligibility and plan to use those funds for payment of tuition and fees. For those students, payment will be expected from the first financial aid disbursement.
Tuition and Fees Refund Policy
Students enrolled in undergraduate courses may be eligible for a refund of tuition/fees upon official withdrawal from a course or complete withdrawal from Manhattan Tech. Refunds are calculated based on the day a Drop/Add form is received by the Manhattan Tech office, not when the student stopped attending class. Failure to attend a class does not constitute official withdrawal.
*It is recommended that a student who received financial aid visit with the financial aid office before dropping a class to discuss any ramifications.
Any Manhattan Area Technical College student who is serving in the National Guard or reserves and is called to active duty during an academic term is entitled to a full refund of tuition and fees for any courses in which the student has not received a grade. Any Manhattan Area Technical College student drafted and required to report for active duty during an academic term is entitled to a full refund of tuition and fees for any courses in which the student has not received a grade. No refund of fees and tuition is due for any classes for which the student is awarded full credit. All refunds are contingent upon verification of status through official military documentation. Any student who volunteers for military service during an academic term will be subject to Manhattan Tech’s non-military refund policy.
Title IV Funds Refund Policy
Undergraduate students receiving Federal Financial Aid who completely withdraw from Manhattan Area Technical College are also subject to the Department of Education’s Return of Title IV Funds policy. According to the policy, a calculation is performed to determine if unearned Federal Student Aid needs to be returned to the Department of Education. The student is responsible for any funds that were required to be returned. A copy of the Return of Title IV Funds policy is available from the Office of Financial Aid.