- According to federal regulations, to be eligible for financial aid a student must be enrolled in an approved program leading to a degree or certificate at Fisher College and the student may only receive financial aid for classes that are required for degree completion at Fisher.
- Students may not receive financial aid from two schools at the same time. Students can only receive aid from the school at which they are matriculating.
- Students must maintain a 2.0 Grade Point Average to ensure financial aid eligibility (See Satisfactory Academic Progress).
- The maximum time frame allowable to complete a program will be no more than 150% of the published length of the program (measured in total credits attempted, including transfer credits). If a student does not complete a program in less than 150% of the published length of the program they will no longer be eligible for aid. (See Satisfactory Academic Progress).
- Students must be enrolled at least half time to receive a Federal Direct Loan.
- Students must be enrolled full time to receive the maximum Pell Grant. If a student is enrolled less than full time the Pell grant will be re-calculated based on enrollment status.
Financial Aid may be adjusted if a student withdraws from all classes before 60% of the semester is completed. Students may have a balance owed to the college after the adjustments to financial aid are made (See Withdrawals and Leave of Absence.)