LSU HEALTH SCIENCES CENTER-SHREVEPORT
OFFICE OF STUDENT FINANCIAL AID
TERMS/CONDITIONS OF STUDENT FINANCIAL AID AND STATEMENT OF SATISFACTORY ACADEMIC PROGRESS (SAP) POLICY
References [HEA Sec. 484©, 34 CFR 668.16(e), 34 CFR 668.32 (f), 34 CFR 668.34]

Terms and Conditions of Student Financial Aid

The Office of Financial Aid reserves the right to review, adjust, or cancel an award at any time because of changes in financial or academic status, a change of academic program, or a discovery of errors in financial information provided by the student and/or the student’s family.

The Office of Student Financial Aid is required to report to the Office of Inspector General any student, LSUHSC-Shreveport employee, or other individual that it suspects may have misreported information or altered documentation to increase student aid eligibility or to fraudulently obtain federal funds.[34CFR 668.16(g)]

The school is responsible for reconciling any conflicting information it has before disbursing Federal Student Aid Funds to the student [34CFR 668.16(f)]

Students must notify the Office of Financial Aid immediately upon receipt of any other scholarships, educational benefits, income, or loans granted not previously reported on the financial aid application.

Students must notify the Office of Financial Aid immediately of any changes in name, address, enrollment status, marital status or financial situation.

If the student does not meet the repayment obligations on an educational loan or does not repay other financial aid funds due as a result of withdrawal, receipt of other aid, over-award, etc., the student will not be eligible for future financial aid.

In order to receive federal financial aid the student must meet the conditions of the “Satisfactory Academic Progress” policy and maintain a matriculating status.

Medicine Students Only: The student understands that subsequent payments of federal student aid may be delayed if the student has not completed the academic work for the prior payment period. In other words, the student cannot receive the 2nd or subsequent disbursements until they have successfully completed the coursework already paid for and earned a passing grade and credit hours associated with the coursework during that payment period. Grades of “I”, “F”, and “W” are considered non-passing grades. [34 CFR 668.22, 34 CFR 682.604(c) and CFR 685.301(b)].