FINANCIAL AID NOTICE

OCC’S Pay As You Go Policy

No Financial Aid Protect will be posted to your student account if you filed your FAFSA or submitted your verification documents after July 11, 2008 for the Fall 2008 Term.

(Returning OCC Students must have submitted their FAFSAs and verification documents prior to June 13, 2008 to receive a Financial Aid protect.)

The Financial Aid Office has NO authority to protect your enrollment if you filed your financial aid application after July 11, 2008.

If you register for Fall Term classes, you must go to the Cashier’s Office and make payment in full or sign up for the payment plan to guarantee your classes will not be dropped for non-payment. On the payment plan, the first of three payments is due immediately. For more information on the Payment Plan contact the Cashier’s Office at 732-255-0324.

· If you enroll full-time (12 credits or more), you must pay one-third of the tuition and fee charges plus a $50 non-refundable contract fee.

· If you enroll part-time (6-11 credits), you must pay one-third of the tuition and fee charges plus a $30 non-refundable contract fee.

If you are unable to make a payment for Fall Term registration, sign up for classes after:

· Your financial aid application is received, processed and you are awarded grant and/or loan aid. Note: A loan cannot be processed and certified until our office receives and processes your FAFSA application.

If you file your FAFSA online and use an electronic PIN signature, our office will receive and begin processing the application usually within one week.

If your file is selected for Verification and you do not return the necessary paperwork to complete Verification by July 11, 2008, the Financial Aid Office can neither guarantee aid will be processed nor Protect your classes for Fall Term!

YOU ARE FULLY RESPONSIBLE FOR ANY TUITION AND FEE CHARGES WHEN YOU REGISTER FOR CLASSES!!

If you cannot pay or decide not to attend, you MUST cancel your enrollment in all courses BEFORE the start of the semester. Contact the Admissions/Records Office to complete a withdrawal form, or drop your classes using WebAdvisor online.

NOTE: The following does not relieve you of your financial responsibility, and appeals will not be granted for the following:

· Failure to attend classes

· Failure to make a payment on the payment plan (if you sign up for the payment plan)

· Failure to complete the financial aid process

· Classes held due to Financial Aid protects or pending Financial Aid

NEVER ASSUME CLASSES WILL BE DROPPED -- ESPECIALLY WHEN YOU ANTICIPATE RECEIVING FINANCIAL AID!