Priority Processing Due Dates

GPC Priority Processing Due Dates:

All New & Continuing GPC Students: April 1

 

Financial Aid Freeze Date

The Financial Aid Office will freeze Fall 2015 enrollment hours early morning on September 1, 2015*.  The information below will answer any general questions you might have.  If you have additional questions, please contact your Campus Student Financial Aid Office.

  • Students who register for Full term and/or First Half classes prior to September 1, 2015 and who add classes on or after September 1, 2015 and have a valid 2015-2016 FAFSA on the freeze date will not be eligible for additional federal funds. Students must be registered for classes before September 1, 2015 in order to receive federal aid.
  • Students who ONLY register for Second Half classes may receive federal funds if there are no eligibility issues.
  • Students, who have withdrawn from a class prior to September 1st, will not receive federal aid for that class.
  • Students who completely withdraw from the term prior to September 1st will have their federal student aid award re-evaluated based on the number of days attended prior to withdrawal.
  • Students who will reach the financial aid Satisfactory Academic Progress Policy maximum timeframe to receive financial aid at Georgia Perimeter College, hours will be adjusted if enrollment exceeds the maximum timeframe hour limit.  Please review the financial aid Satisfactory Academic Progress Policy at http://depts.gpc.edu/~finaid/SAP.htm.
  • Listed below are examples regarding the freeze date:

 

Scenario 1: Student initially enrolled in 8 credit hours prior to the freeze date, but added 4 credit hours after the freeze date. The student will be billed for 12 credit hours of enrollment and will only be eligible for 8 credit hours of financial aid.  The student owes a balance due to Georgia Perimeter College.

SCENARIO 1 

Prior to Freeze Date Enrollment

Freeze Date Enrollment

After Freeze Date Enrollment

Enrollment

8 credit hours

8 credit hours

12 credit hours

EFC

0

0

0

Pell awarded

$1,387.00

$1,387.00

$1,387.00

Tuition, fees, and book allowance used

$1,120.00

$1,120.00

$1,497.80

Refund

Occurs after the Freeze Date

$276.50

$0.00

Balance Due

$0.00

$0.00

$110.80

 

 

 

Scenario 2: Student initially enrolled in 12 credit hours prior to the freeze date, but withdrew from 4 credit hours prior to the freeze date.  The student will be billed for 12 credit hours of enrollment and will only be eligible for 8 credit hours of financial aid.  The student owes a balance due to Georgia Perimeter College.

SCENARIO 2 

Prior to Freeze Date Enrollment

Freeze Date Enrollment

Enrollment

12 credit hours

8 credit hours

EFC

0

0

Pell awarded

$2,775.00

$1,387.00

Tuition, fees, and book allowance used

$1,497.80

$1,497.80

Refund

Occurs after the Freeze Date

$0.00

Balance Due

$0.00

$110.80

 

 

Scenario 3: Student initially enrolled in 3 credit hours prior to the freeze date, but 3 credit hours were added after the freeze date. The student will be billed for 6 credit hours of enrollment and will only be eligible for 3 credit hours of financial aid.  The student will not receive the loan because the enrolled hours on the freeze date were below the 6 credit enrollment hour requirement for Direct Loans.  The student owes a balance due to Georgia Perimeter College.

SCENARIO 3

Prior to Freeze Date Enrollment

Freeze Date Enrollment

After Freeze Date Enrollment

Enrollment

3 credit hours

3 credit hours

6 credit hours

EFC

0

0

0

Pell awarded

$694.00

$694.00

$694.00

Direct Loans Awarded

$1,750.00

$0.00

$0.00

Tuition, fees, and book allowance used

$648.20

$648.20

$931.40

Refund

Occurs after the Freeze Date

$45.80

$0.00

Balance Due

$0.00

$0.00

$237.40

 

 

 

Scenario 4: Student initially enrolled in 6 credit hours prior to the freeze date, but student will reach the financial aid maximum timeframe to receive financial aid at Georgia Perimeter College and only has 3 credit hours of eligibility remaining.  The student will be billed for 6 credit hours of enrollment and will only receive financial aid for 3 credit hours.  The student will not receive the loan because the enrolled hours on the freeze date were below the 6 credit enrollment hour requirement for Direct Loans.  The student owes a balance due to Georgia Perimeter College.

SCENARIO 4

Prior to Freeze Date Enrollment

Freeze Date Enrollment

Enrollment

6 credit hours

3 credit hours

EFC

0

0

Pell awarded

$1,387.00

$694.00

Direct Loans Awarded

$1,750.00

$0.00

Tuition, fees, and book allowance used

$931.40

$931.40

Refund

Occurs after the Freeze Date

$0.00

Balance Due

$0.00

$237.40

 

FREEZE DATES

2015-2016 Freeze and Disbursement Dates

TERM

TERM START DATE

TERM END DATE

FREEZE DATE

1ST DISBURSEMENT

2ND DISBURSEMENT

Fall 2015

8/17/15

12/01/15

09/01/15

09/02/15

10/13/15

Fall 2015 Spring 2016

8/17/15

04/28/16

09/01/15

09/02/15

01/27/16

Spring 2016

01/11/16

04/28/16

01/26/16

01/27/16

03/03/16

Spring 2016 - Summer 2016

01/11/16

07/20/16

01/26/16

01/27/16

06/17/16

Summer 2016

06/01/16

07/20/16

06/16/16

06/17/16

06/28/16

 

2ND Half (3rd Part of Term)

TERM

TERM START DATE

TERM END DATE

FREEZE DATE

DISBURSEMENT DATE

Fall 2015

10/12/15

11/24/15

10/27/15

10/28/15

Spring 2016

03/16/16

04/28/16

03/31/16

04/01/16

Summer 2016

06/30/16

07/26/16

07/15/16

07/18/16