Relay offers direct unsubsidized student loans and TEACH grants to help cover costs of attendance for eligible, matriculated students in Title IV eligible programs. Applicants and students interested in applying for federal financial aid will need to complete the Free Application for Federal Student Aid (FAFSA) at the US Department of Education’s website, www.fafsa.ed.gov (Relay’s school code is 042086). Applicants for admission may submit their FAFSA before completing the admission process, but decisions about federal financial aid are not finalized until the admissions process has been completed. Students not interested in requesting loans or TEACH grants do not need to submit FAFSAs.
Satisfactory Academic Progress and Title IV
Recipients of federal financial aid are required to maintain Satisfactory Academic Progress (SAP) in order to be eligible for any Federal Title IV student-aid program. If students are placed on academic probation for a term, they will also be placed on federal financial aid warning status for that term. During the warning term, students remain eligible for federal student loans and TEACH grants. Students have one term to return to satisfactory academic standing; failure to do so will result in program dismissal from Relay and ineligibility for all Title IV assistance. Students who then successfully appeal their program dismissals and remain enrolled at Relay will be placed on financial aid probation and will be eligible to receive federal financial aid for only one more term, after which they will lose eligibility unless they make satisfactory academic progress at the end of the term or otherwise meet the requirements of the academic plan set by the campus Dean's Office. Additionally, students will lose eligibility for Title IV assistance from the point at which they are no longer able to complete the full program within 150% of the published program length. Please see the Academic Program Guide for details on SAP.