Arapahoe Community College (ACC) is required to track the last date of attendance for federal financial aid recipients who withdraw, cease attending or fail one or more classes. Federal financial aid money includes:
- Federal Pell Grants,
- Federal Supplemental Educational Opportunity Grants (FSEOG),
- Federal Direct Subsidized Stafford Loans,
- Federal Direct Unsubsidized Stafford Loans, and
- Federal Direct Parent Loans to Undergraduate Students (PLUS).
Faculty record and report the last date of attendance for students who receive an “F”, “U”, “U/D”, or “U/F” final grade. Faculty members are instructed to report the student as a “no show” by the course census date if the student never attended class.
A federal formula dictates the amount of financial aid money that must be returned to the government by ACC and/or the student. The Financial Aid Office must complete this requirement within 30 days of finding out about a student’s last date of attendance.
The Financial Aid Office will take, or initiate in conjunction with the Cashier’s Office, the appropriate actions to comply with federal and state requirements. These actions may include creating bills, placing holds, returning money to the federal government, and reporting to student loan servicing agencies.