Changes in funding
Your financial aid award is based on projected funding from Federal, State, and DMACC sources. If the projected funding is more than the actual funding available, your financial aid award will be adjusted to reflect these changes. For example, in the event that available state funds are insufficient to pay the full amount of each approved grant, the Iowa College Student Aid Commission has the authority to administratively reduce the award.
Changes in federal regulations
All federally funded programs are subject to change at any time as a result of legislative action. If the eligibility rules for an award change due to circumstances outside of the control of the DMACC Financial Aid Office, a previously offered award may be reduced or eliminated.
Changes in number of credit hours in which you are enrolled
The amount of your financial aid award often depends on the number of credit hours you are taking. Your initial award is prepared based on full-time, full-year enrollment. If you do not enroll fulltime or do not plan to come back to DMACC for a subsequent semester, your award may need to be adjusted to reflect these changes.
A change in credit hours can affect your financial aid award package even after you have accepted the award. Please contact the Financial Aid office with questions concerning changes in enrollment.
If you are registered for
% of your total awarded grant funds disbursed: |
|12+ credit hours ||100%|
|9-11 credit hours ||75%|
|6-8 credit hours ||50%|
(Enrollment levels are determined differently for the summer term as 8 credit hours is considered fulltime).
Receiving financial assistance from sources not included on your award letter
If you receive any additional funds from outside sources, including scholarships or private loans, that were not considered in your original offer your award amounts may have to be adjusted. If you are receiving assistance from outside resources to help cover the cost of your education (such as private scholarships) you must report this to the Financial Aid Office so we can include the funds in your award offer. This is required by federal regulation. DMACC will make adjustments to your award as necessary to ensure that you do not receive more financial assistance than you are eligible to receive according to state and federal regulations.
You must attend class to receive your financial aid. Therefore, DMACC's Financial Aid Office will verify that a student has attended with his or her instructor. If a student does not show up for class, he or she will have their financial aid reduced and/or eliminated. Prior to the 10th day of class, instructors can view their class lists online and must identify students who have never attended their class. Students will receive an email indicating the classes that they were reported as having never attended. If they have been reported as never-attending, the student is dropped from enrollment, and the student’s financial aid is adjusted accordingly. If an instructor error was made, instructions will be included within the notice concern how to re-establish enrollment within the dropped course.
Please contact the Financial Aid office if you have a special circumstance come up during the semester. A special circumstance may include involuntary loss of employment or other conditions outside of your control that impact your financial situation. These circumstances may warrant an adjustment to your financial aid eligibility.