[Oasfaa] FW: Overawarded Inquiry
Fair, Bryce
bfair at osrhe.edu
Mon May 8 15:08:53 CDT 2017
Ms. Orndorff,
The Oklahoma's Promise administrative rules do not allow an Oklahoma's Promise award recipient to receive total aid in excess of cost of attendance. If necessary, the OKPromise award must be reduced so that total aid fits within cost of attendance. A copy of the applicable section of the administrative rules is shown below and the relevant language is highlighted in section (i). This section of the rules is also available online at http://204.87.112.100/viewhtml/610_25-23-7.htm.
Let us know if you have further questions.
Bryce Fair
610:25-23-7. Payment of awards; policies and limitations
(a) Eligible students enrolled at an institution in The Oklahoma State System of Higher Education shall have an award equivalent to their undergraduate resident nonguaranteed tuition paid to the institution on the student's behalf by an allocation from the Oklahoma Higher Learning Trust Fund [70 O.S. § 3953.1];
(b) Eligible students enrolled in a duly accredited private Oklahoma institution of higher education [70 O.S. § 4103] shall have awards paid to the institution on the student's behalf by an allocation from the Oklahoma Higher Learning Access Trust Fund in an amount equivalent to the average undergraduate resident nonguaranteed tuition if the student were enrolled in a comparable institution of The Oklahoma State System of Higher Education. Comparability of institutions shall be determined by the OSRHE;
(c) Eligible students enrolled in a postsecondary program offered through a cooperative agreement between a public technology center and an institution of The Oklahoma State System of Higher Education shall have an award equivalent to tuition paid, not exceeding the average amount the student would have received for comparable enrollment at a two-year institution within The Oklahoma State System of Higher Education, to the school or institution on the student's behalf by an allocation from the Oklahoma Higher Learning Access Trust Fund;
(d) Funds shall be transferred by the OSRHE from the Oklahoma Higher Learning Access Trust Fund to the institution in which the student is enrolled. No funds shall be paid directly to the student;
(e) Payment will not be allowed for courses taken in excess of those required for a baccalaureate degree;
(f) Students will be eligible for the benefits outlined in this policy for five (5) years from the first date of postsecondary enrollment. The Oklahoma State Regents for Higher Education may award the Oklahoma Higher Learning Access Program benefits for courses of postsecondary units taken more than five (5) years after the student's first semester of postsecondary enrollment only in hardship circumstances; provided, however, no Oklahoma Higher Learning Access Program participant may receive benefits beyond a cumulative time period of five (5) years [70 O.S. § 2604]. Hardship circumstances may include, but are not limited to, sickness, injury, required military service, or service required by the student's religious or cultural traditions;
(g) There will be no limit to the number of awards other than the amount of funds available or the number of eligible students. If sufficient funds are not available to provide awards for all eligible applicants, the OSRHE shall make awards on the basis of need;
(h) Students who have previously received awards shall have priority over students applying for initial awards;
(i) The Oklahoma State Regents for Higher Education shall take into consideration other grants and scholarships received by an eligible applicant when making awards [70 O.S. § 2604]. Award recipients may not receive financial aid in excess of his/her cost of attendance as determined by the institution in which the student is enrolled. The cost of attendance determined by the institution shall be consistent with regulations for federal Title IV student financial aid programs. If necessary, an award shall be reduced by an amount which makes the student's total financial aid equivalent to the student's identified cost of attendance.
From: OASFAA [mailto:oasfaa-bounces at lists.onenet.net] On Behalf Of Shalla Cortez-Orndorff
Sent: Monday, May 08, 2017 2:27 PM
To: oasfaa at lists.onenet.net
Subject: [Oasfaa] Overawarded Inquiry
Ms. Magee,
Good afternoon. I'm Shalla Orndorff and I am the Scholarship Coordinator for Cameron University. Gary, Rebecca and I have a question regarding a student who is currently receiving OHLAP and several scholarships:
If all otherwise eligible Promise recipient has additional non-need based assistance that, when assed to the Promise award, puts the total aid over the Cost of Attendance, must the promise be reduced. Here is an example:
[cid:image001.jpg at 01D2C807.18520380]
Any input will be gladly appreciated.
Thanks,
Shalla G. Cortez-Orndorff, MBA
Scholarship Coordinator/Financial Aid Counselor
Student Financial Assistance
Cameron University
2800 W. Gore Blvd| Lawton, OK 73505
Phone 580-581-2293 | Fax 580-581-2556
shallao at cameron.edu<mailto:shallao at cameron.edu>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.onenet.net/pipermail/oasfaa/attachments/20170508/b522a227/attachment.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.jpg
Type: image/jpeg
Size: 70293 bytes
Desc: image001.jpg
URL: <http://lists.onenet.net/pipermail/oasfaa/attachments/20170508/b522a227/attachment.jpg>
More information about the OASFAA
mailing list