What is the Financial Aid Census Day? And why is it important?
Financial Aid Census Dates are the days that SMC will take a "snapshot" of your enrollment for the semester.
Fall 2015: November 3, 2015
Spring 2016: April 26, 2016
Key Financial Aid Census Notes:
- Since your enrollment level (full time, 3/4 time, 1/2 time, or "less than halftime") determines your grant eligibility for the term, this enrollment snapshot will determine what your actual grant payment will be.
- In addition, if you drop below half time by FA Census Day-- and already received a payment at the full time,
3/4 time, or 1/2 time level -- you will be considered to have been overpaid and will need to return funds to SMC.
- If you add classes after the FA Census Day -- they will not be counted for grant payment purposes.
- If you drop classes after the FA Census Day (as long as you don't drop all classes) -- you will not owe any money back to SMC.
(However, if you drop too many classes it could affect your Satisfactory Academic Progress status --
by lowering your "completion rate.")
Continue on to Section 6 ...