5. The institution has failed to pay or reimburse loan proceeds under a federal student loan program as required by law or has failed to pay or reimburse proceeds received by the institution exceeding tuition and other costs. 6. You have been awarded restitution, a refund, or other monetary award by an arbitrator or court based on an institution’s or representative’s violation of this chapter but have been unabletocollect the award from the institution. 7. You sought legal counsel that resulted in the cancellation of one or more of your student loans and have an invoice for services rendered and evidence of the cancellation of the student loan or loans. The application must be received within four (4) years from the date of the action or event that made the student eligible for recovery from STRF to qualify for STRF reimbursement. A student whose loan is revived by a loan holder or debt collector after a period of non-collection may, at any time, file a written application for recovery from STRF for the debt that would have otherwise been eligible for recovery. If it has been more than four (4) years since the action or event that made the student eligible, the student must have filed a written application for recovery within the original four (4) years unless another act of law has extended the period. However,noclaimcanbepaidtoanystudentwithoutasocialsecurityortaxpayeridentificationnumber. FINANCIALAIDINFORMATION Gurnick Academy of Medical Arts aims to assist every student in obtaining financial aid that enables them to attend their chosen program of study. Gurnick Academy of Medical Arts participates in various federal and state student financial assistance programs. The financial aid programs are designed to assist students whose financial resources are inadequate to meet the full cost of their education. Each campus has a Financial Aid Advisor to address financial aid questions. Most financial aid available to students is federal student financial aid administered by the U.S. Department of Education. This includes the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Direct Loans, Federal Parent Loans for Undergraduates (PLUS), and Federal Work-Study (FWS). The Children of Fallen Heroes Scholarship and the Iraq Afghanistan Service Grant are available to qualifying students. Cal Grants are available from California for eligible students in qualifying programs. After federal and state aid, students with unfunded balances can consider payment plans and private educational loans. The primary responsibility for meeting education costs rests with the individual student and their family. All financial aid is awarded based on need, regardless of sex, age, race, color, religion, creed, sexual orientation, or national origin. Need is defined as the difference between the Cost of Attendance (COA) for one academic year and the amount a student’s family is expected to contribute for the same period, referred to as the Expected Family Contribution (EFC). All students must complete the Free Application for Federal Student Aid (FAFSA) to be considered for federal and state aid; the income and asset information reported on the FAFSA calculates the EFC. Per the Privacy Act of 1974, as amended (Privacy Act), the Chief Operating Officer for Federal Student Aid (FSA) of the U.S. Department of Education (Department) publishes this notice of a modified system of records entitled the “National Student Loan Data System” (NSLDS) (18-11-06). The information contained in this system is maintained for various purposes relating to aid applicants and recipients. These include determining aid applicants’ and recipients’ eligibility for Federal student financial assistance under the programs authorized by Title IV of the Higher Education Act of 1965, as amended (HEA); assisting institutions of higher education participating in and administering the Title IV, HEA programs by verifying the eligibility of borrowers for, and tracking, loans; and assisting the Department’s oversight and administration of the Title IV, HEA programs, including evaluating their effectiveness. 98
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