Student fINANCIAL aSSISTANCe
FInancial Assistance Programs; Terms and Conditions; Criteria for Selecting Recipients; and Rights and Responsibilities of Students Receiving Financial Aid
Federal Student Financial Aid Penalties for Drug Law Violations
Students convicted of a federal or state offense for selling or possessing illegal drugs may not be eligible for federal student aid (grants, loans, and work-study) if the offense(s) occured simultaneously while the student was enrolled and receiving Title IV federal financial aid. An illegal drug is a controlled substance as defined by the Controlled Substance Act and does not inlcude alcohol or tobacco.
Students may regain eligibility if they successfully complete an approved drug rehabilitation program. A drug rehabilitation program is considered approved if it includes at least two unannounced drug tests and meets one of the following criteria:
- The program is qualified to receive funds directly or indirectly under a federal, state, or local government program;
- The program is adminstered or recognized by a federal, state, or local government agency or court;
- The program is qualified to receive payment directly or indirectly from a federally or state licensed insurance company; or
- The program is adminstered or recognized by a federally or state-licensed hospital, health clinic, or medical doctor.
Assistance Available From Federal, State, Local, and Institutional Programs
State grant assistance, scholarship programs, and other loan repayment or forgiveness program listings may be found at:
Student Loan Information
- Initial Loan and Exit Counseling for Student Borrowers
- Institutional Code of Conduct for Education Loans
- ATSU Student Financial Services has no preferred lender list for either federal or private loans.
- ATSU Student Financial Services does not participate in preferred lender arrangements.
2014-15 Verification Information
Each year, applications for federal student aid are selected for verification by the Central Processing System (CPS) in order to confirm the accuracy of the data listed on the Free Application for Federal Student Aid (FAFSA). All applications selected will be verified if the student will be receiving need-based funding (Federal Perkins Loan or Federal Work-Study).
If verification is required and you used the IRS Data Retrieval Tool when you completed your FAFSA electronically (and you have not amended your tax return), you will not need to request a 2013 tax return transcript. (You may go to www.fafsa.gov and choose to use the IRS Data Retrieval Tool even if you didn’t use it on your initial FAFSA.) If you are unable or choose not to use the IRS Data Retrieval Tool, you must request a 2013 IRS tax return transcript and send it to our office.
Until verification is complete, you cannot receive any federal need-based aid (Federal Perkins Loans or work-study). If the required documentation is not received prior to the end of your academic year, you will not be able to receive federal need-based student aid for the 2014-15 year.
After your application has been verified, ATSU will process any necessary corrections based upon the documentation received. The award process will then be completed, and you will receive an email containing information and instructions for accessing your electronic award letter. In the event a correction must be made as a result of the verification, you will receive notification from CPS of the change to your Student Aid Report. You will also receive notice via email from Student Financial Services within 10 business days if your financial aid award offer must be changed.
Student Financial Services does have a referral policy, as required by the federal government, in the event of an actual or suspected case of fraud or abuse. Students who willfully submit fraudulent information will be investigated, and all cases must be reported to the proper authorities. Fraudulent situations will be reported to the hotline of the Department of Education's Inspector General.
If you have any questions regarding the verification process, please feel free to call us at 866.626.2878, ext. 2529. Thank you for your assistance!
Student Financial Services