D.3 Financial Aid

D.3 Financial Aid

Responsible Department: Financial Aid

Date Approved/Amended: December 2, 2010



The Board ensures that financial assistance is provided, to the extent available, to all students who demonstrate financial need and meet eligibility criteria for particular programs pursuant to state and federal law.

D.3.1 Fraud - Title IV Funds

Responsible Department: Admissions and Records

Date Approved/Amended: December 2, 2010



Any person who knowingly and willfully embezzles, misapplies, steals, or who obtains funds by intentional misrepresentation, false statement or forgery, or who fails to refund any funds, assets or property provided or issued under Title IV shall be considered to have committed an act of fraud and is subject to penalties and/or fines as outlined in applicable federal guidelines.

If a student is suspected of committing fraud with respect to Title IV funds, an investigation will be conducted, and additional documentation may be requested and/or collected. Financial aid will be withheld from the student pending the outcome of the investigation.