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9HOWAREFINANCIALAIDRECIPIENTSSELECTEDAlleligibleapplicantsareconsideredforallaidsources.Ofcoursetheschooldoesnotencouragestudentstoborrowloanfundsinexcessoftheamounttheyactuallyneedregardlessofwhatamounttheymaybeeligibletoreceive.Alsosomeofthefinancialprogramsmentionedearlierhaveapplicationdeadlines.Priorityisgiventothecategoriesdescribedabove.Sincecampus-basedaidislimitedinfundingunfortunatelynotallstudentsareabletoparticipate.Howeverwestrivetoworkwitheachfamilyindividuallyanddevelopafinancialplantomeettheirneeds.WHATAREMYRESPONSIBILITIESYoumustbeactivelyinvolvedinyoureducation.ThisprocessbeginswithunderstandingtheAdmissionsprocessobtainingfinancialclearanceandworkinghardtoachievegoodgradesandattendance.Eventhoughwewillprovidecomprehensivestudentservicestoyoualongthewayyouareresponsibleforyoureducation.Asoutlinedinourschoolcatalogyoumustmaintainsatisfactoryacademicprogresstoremainenrolledasastudentatourschool.Yourfinancialaidawardsarealsocontingentuponyouracademicsuccess.Ifyoufailtoachieveacademicprogressandthisprocessresultsinyourterminationyouwillnolongerbeeligibleforfinancialaidfunds.Youwillberequiredtoreestablishacademicprogressbeforeyouareagaineligibleforassistance.Thefinancialclearancepolicyisalsooutlinedinourschoolcatalog.Whileyoucanreceiveinitialclearancebasedonanestimatedfinancialpackageyourinstitutionalchargesmustbepaidinorderforyoutocontinueinafinanciallyclearedstatus.Theschoolwillnotpenalizeyoufordelaysinaidbecauseofthetimingoffinancialaidawardsregulationsorotherthingsthatyouhavenocontrolover.Howeverifyoudonottakeactiononrequireditemsandtheaidisnotprocessedyouwilljeopardizeyourfinancialclearance.Pleasewatchyourmailcarefullyforcorrespondencefromtheschoolorotheragenciesfornoticesaboutyouraid.Acommonitemthatdelaysorcausescancellationinaidisverification.Ifyouareselectedforverificationyoumustprovideallnecessarydocumentationbeforeyouraidpackagecanbeactualized.Ourverificationpolicyisoutlinednext.VERIFICATIONPOLICYAllstudentswhoapplyforfinancialaidassistancewillbeconsideredforverification.Allstudentsx1cselectedx1dbytheFederalDepartmentofEducationDOEwillrequireverification.Alsoifadiscrepancyininformationisdetectedorifinsufficientinformationisavailableastudentx19sapplicationmaybeverified.OnceastudentisselectedforverificationaFinancialServicesRepresentativewillreviewtheStudentAidReportforaccuracy.ThestudentwillberequiredtoprovidedocumentationtosupporttheinformationcontainedintheStudentAidReportforaccuracy.ThisdocumentationmayincludecompletedtaxreturnsfortheapplicableyearW2formsstatementsregardinguntaxedincomediscrepanciesinhouseholdsizeetc.Becauseeachstudentx19ssituationisuniquetherequireddocumentationmayvary.Studentsareexpectedtoprovidethisinformationwithintwoweeksoftherequestdate.Howeverwealsorecognizethatsometimesitisnecessarytoobtainthisdatafromoutsidesourceswhichcouldresultinadditionaldelaysbeyondthestudentx19scontrol.Thereforeifstudentsdemonstratethattheyhavemadeallpossibleeffortstoobtainthenecessarydocumentationandrequestalongerperiodoftimeitwillbepermittedbutnottoexceed60days.OfcoursethelengthenedperiodoftimecannotextendbeyondthesubmissiondatescreatedbytheDepartmentofEducation.Furtheritshouldbenotedthatastudentx19saidofferintheFederalPellFSEOGandStaffordLoanprogramswouldbesuspendeduntilverificationiscomplete.BecausetheFSEOGfundsarelimitedthestudentmaystandtoloseeligibilityentirelyifdocumentationisnotsubmittedquicklyandtheschoolexpendsallavailablefundsbeforeverificationiscomplete.Ifthesubmitteddatafailstomeetdocumentationrequirementsorifdiscrepanciesaredetectedcorrectionstoyourapplicationwillbemade.CorrectionstotheISIRmayresultinfinalaidawardsthatdifferfromthosedescribedduringyourindividualplanningsession.Aftertheverificationprocedureiscompleteandifchangesaremadeyouwillreceiveanewplanningsheetnotification.ThisnotificationshouldbeconsideredyourconfirmationthatyourfilemeetstheFederalStandardsofaccuracyandthatverificationforthecurrentawardyeariscomplete.Studentsnotselectedforverificationalsoreceiveafinancialaidplanthefinancialaidplanisofficialnotificationoffinancialaidawards.TheinstitutionisrequiredbyFederalRegulationstomakereferralstotheDepartmentofEducationandtheDepartmentofJusticeifitsuspectsthataidwasrequestedunderfalsepretenses.CAREERTRAININGACADEMYtakestheproperstewardshipofFederalfundsveryseriouslyandwillcooperatewithgovernmentagenciesinthefullprosecutionofstudentswhoarefoundtoprovidefraudulentinformation.StateandFederalrefundpoliciesStateRefundPolicyREFUNDPOLICYBEFOREMATRICULATION22PACode73.134Seepage17foranexampleofthiscalculationAllmoniespaidbyanapplicantwillberefundedifhesheisnotacceptedforadmissiontotheschoolorifcanceledbytheapplicantwithin5daysofsigningtheenrollmentagreement.Afteracceptanceorbeyondthe5daystheapplicantmaycanceltheenrollmentagreement.Iftheagreementiscanceledbeforethebeginningoftrainingandafter5daysofsigningtheenrollmentagreementallmoniespaidtotheschoolwillberefundedlessthe30.00applicationfee.Studentswhohavenotvisitedtheschoolfacilitypriortoenrollmentwillhavetheopportunitytowithdrawwithoutpenaltywithinthreedaysfollowingeitherattendanceataregularlyscheduledorientationorfollowingatouroftheschoolfacilitiesandinspectionofequipment.