83-600 07-10-11, 07-26-15 STUDENT ELIGIBILITY REQUIREMENTS FOR TITLE IV FUNDING Oglala Lakota College Financial Aid Director and staff take very seriously the eligibility requirements that a student must meet to be eligible for Title IV funding. When a studentís financial aid file is complete, the eligibility requirements for that student are reviewed before the packaging process will begin. Student eligibility requirements are listed below: 1. Must be a U.S. Citizen or permanent resident. 2. Must be admitted as a regular student and meet all admission requirements. 3. Must be a high school or G.E. D. graduate. 4. Must make satisfactory academic progress towards a degree or certificate. 5. Must not be in default on any previous federally sponsored education loans. 6. Must be registered with Selective Service, if applicable. 7. Must not owe a Federal Pell or FSEOG repayment. 8. Must verify information used to determine their financial need with appropriate documents if selected for verification. 9. Copy of Social Security Card, if required. 10. Must be admitted to Oglala Lakota College as a regular student into an approved program of study. 11. Must complete an on-line FAFSA. 12. If there is questionable or unresolved information, the student must meet with the Financial Aid staff to clear up the discrepancies noted on the NSLDS report. The student will not receive Title IV funds until all discrepancies on the NSLDS report has been satisfactorily released. 13. Must not have a current drug conviction. OLC has the right to request from a prospective aid recipient any documentation needed to assure the student is eligible for Title IV aid before the student will be packaged. No student will be packaged until their file contains: * A completed Admissions Application with a declared major * A Valid ISIR * Verification completed if required Financial Aid Award Letter A financial aid award letter for Title IV funds and all other aid will be emailed to each student who receives aid at Oglala Lakota College. The award letter includes total student costs, Expected Family Contribution (EFC) and total aid offered. Oglala Lakota College Financial Aid Office is accepting all financial aid on every studentís behalf. If a student does not wish to accept an award, you must notify the financial aid office in writing within two weeks of notification. Awards Letters will be emailed to every student by OLC email as well as the email listed on their FAFSA.
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