18-19 EEA Program Changes

FAST to FINISH Track

Current Renewal Students: 

Beginning with the 2018-2019 award year students must successfully complete a certain number of credits at the end of their second year of enrollment and thereafter  in order to renew their award.




​WHAT ARE THE CHANGES? 

  • Beginning with the 2018-2019 award year you must successfully complete at least 30 credits by the end of your second academic year of enrollment and each academic year thereafter. This means that if you are eligible for either the EA or GA grant, you must complete at least 30 credits per academic year, beginning in your sophomore year and thereafter, in order to receive full (non-prorated) eligibility of your State grant award.

  • Credits earned in the fall, spring, and summer semesters, of the 2017-2018 award year all count towards the 30 credit requirement.

  • If you successfully complete at least 24 credits but less than 30 credits at the end of your second academic year and thereafter, your r awards for either the EA or GA program will be prorated

  • For example:
    • a student who earns 24 credits, may expect their $3,000 EA grant to be adjusted by calculating 24/30 x $3,000 for a total award of $2,400; or 
    • a student who earns 24 credits, may expect their $18,400 GA grant to be adjusted by calculating 24/30 x $18,400 for a total award of $14,720

Remember: 30 Credits + MAX STATE AWARD = On-Time COMPLETION!​​


​Frequently Asked Questions (FAQ) 

How many years is my award renewable for at the completion of my second year of enrollment?

 

At the end of the students second year of enrollment the students is eligible for a renewal award for up to two years as long as the student successfully completes at least 24 credits but less than 30 credits. ​

If I complete at least 24 credits but less than 30 credits, will my award be adjusted?

 

Yes. Award recipients that successfully complete at least 24 credits but less than 30 credits will have their award adjusted based on the amount the student would have otherwise received multiplied by the ratio of the number of credits successfully completed divided by 30. ​

For example a student who earns 24 credits, may expect their $3,000 EA grant to be adjusted by calculating 24/30 x $3,000 for a total award of $2,400.  ​


What happens to my award if I do not earn at least 24 credit hours by the end of my second year?

 

If an award recipient fails to successfully complete 24 credit hours at the end of the second year the recipient then becomes ineligible for the award. ​

What academic years of enrollment are Financial Aid Officers required to report the number of credits successfully completed for EA, GA, and CB-EAG recipients?

 

Institutions are required to report the number of credits successfully completed in MDCAPS beginning at the end of the students second academic year of enrollment and thereafter.

How will the awarding process occur?

 

Yes. When MHEC performs awarding to eligible renewal students in March award recipients will receive a tentative award amount at the maximum award level. Then, once the institution reports the number of credits successfully completed by the student the award will be revised as applicable to reflect the accurate award amount in alignment with the number of credits successfully completed at the end of the students’ second academic year of enrollment and thereafter

How is MHEC notified of the number of credits I successfully completed?

 

MHEC is notified of the number of credits that award recipients successfully completed at the end of their second year and thereafter once the institution uploads the credits in the MDCAPS system. 

Institutions must report the number of credits successfully completed for each award recipient at their respective institution at the end of the students’ second year and thereafter. 

Do all of my classes have to be taken at my home institution in order for the credits to count toward the completion requirement?

  No. Classes taken at another institution may count toward the credit completion requirement; however the courses taken at the other institution must be transferable toward your degree program requirements at your home institution. It is important that you first consult with your home institution to ensure that the courses at the other institution are transferable before registering at the visiting institution.

Is there an appeal process for students that may fall short of the credit hour requirement due to special circumstances?

  Yes. A student may appeal for not successfully completing 30 credit hours at the end of second academic year based on any of the following special circumstances: death of an immediate family member (student’s spouse, child, parent, guardian, grandparent, sibling) which prevents the student from meeting the credit requirement; serious illness of the student or immediate family member (student’s spouse, child, parent, guardian, grandparent, sibling) which prevents the student from meeting the credit completion requirement; student suffers from a medical disability; and or the student is unable to enroll for 12 or more credits per semester due to specific course activity such as an internship, practicum, or clinic as determined by the institution.​

Do Advanced Placement (AP) and dual credit classes in high school count toward the credit completion requirement?

  No. If a student enters into a post-secondary institution with AP/Dual enrollment credits and is declared a sophomore in their initial year of enrollment. The student is still required to complete two academic years of enrollment before the 30 credit hour requirement is enforced.​

If a student enrolls full-time (12 credits) for one semester in both the 2015-2016 and 2016-2017 academic years and is planning to enroll for the 2017-2018 academic year, is the 2017-2018 academic year his/her third year of enrollment?

  Yes. Since the student enrolled in the prior two academic years regardless of the number of semesters he/she enrolled for, each year counts as an academic year as long as the student was enrolled. Therefore, the student does not meet the minimum 24 credit completion requirement and ineligible for the award in the third year.​

If a student fails to meet the credit completion requirement at the end of their second academic year, can they potentially regain their eligibility if they meet the credit completion requirement at the end of their third year and thereafter?

  Yes. If a student fails to meet the credit completion requirement at the end of their second year, eligibility can be regained at the end of the subsequent year and thereafter, if the student successfully completes at least 24 credits and has remaining eligibility​.

If a student is initially awarded the Educational Assistance Grant in their third year of enrollment, does the credit completion requirement at the end of their second year of enrollment determine their award amount?

  Yes. The number of credits successfully completed at the end of the students second year of enrollment determines the award amount in their third year of enrollment. Then, to renew the award at the end of the third year the student must successfully complete at least 24 credits.​