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Last modified
8/20/2024 11:31:21 AM
Creation date
8/30/2021 8:15:20 AM
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Contracts
Company Name
PACIFIC COLLEGE
Contract #
A-2020-194-28
Agency
Community Development
Council Approval Date
10/6/2020
Expiration Date
6/30/2023
Insurance Exp Date
6/1/2024
Destruction Year
2028
Notes
For Insurance Exp. Date see Notice of Compliance
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Definition of an Academic Year <br />Pacific College defines an academic year according to the program of study. One term is equivalent to a <br />semester, an academic year includes two semesters. <br />The academic year is as follows for the following programs: <br />• Diploma in Vocational Nursing - is 900 Clock Hours, 30 weeks per academic year. <br />• Associate of Science in Vocational Nursing - is 24 Semester Credits, 30 weeks per academic year. <br />• Bachelor of Science in Nursing - is 24 Semester Credits, 30 weeks per academic year. <br />• Bachelor of Science in Healthcare Administration - is 24 Semester Credits, 30 weeks per academic <br />year. <br />Satisfactory Academic Progress (SAP) will be evaluated when the student has completed the weeks and <br />semester credits in the payment period. A payment period (term) is defined as 15 weeks and at least 12 <br />semester credits. Disbursements are released each payment period. <br />Effective June 2018, the Department of Education and College redefined the Associate of Science in <br />Vocational Nursing program that includes GE coursework of at least 8 weeks, as a Nonstandard term <br />program. Title IV is disbursed once the credits are successfully met for the payment period. Students <br />who have transferred at least 15 semester credits, can maintain as a Standard Term program. <br />Effective July 1, 2018, all new students enrolled in the ASVN program are in a Standard Term program <br />(Formula 1). <br />Grade Levels <br />Grade levels at the college vary by academic program. Loan amounts cannot exceed the remaining of a <br />student's annual loan limit at the loan level associated with their training program. <br />Packaging <br />"Packaging" is a term usually applied to the concept of offering two or more types of financial assistance <br />to students. Students receiving financial aid cannot receive more aid than the total cost of their program. <br />Pacific College reserves the right to reduce the amount of aid awarded when necessary in order to <br />prevent an "overaward", such as in the case of a student's receipt of additional outside resources. <br />Institutional Packaging Philosophy <br />Undergraduate level students are packaged on need and availability of funds. Pacific College maximizes <br />Federal Pell Grant (entitlement), Federal SEOG (based on a selection criterion - first come -first served), <br />Federal Work -Study (based on availability of funds), and Direct Loan Subsidized before non -need -based <br />loans are package for undergraduate -level students. <br />Order of Awarding Financial Aid Funds <br />a) Federal Pell Grant (need based, low EFC) <br />b) Federal Supplemental Educational Opportunity grant (FSEOG) <br />c) Cal Grants <br />d) Federal Work -Study (FWS) <br />e) Federal Direct Subsidized Loan <br />f) Federal Direct Unsubsidized Loan <br />g) Federal Direct PLUS loan <br />Pacific College 2020-2021 Catalog 19 <br />
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