ISA Eligibility Requirements
- We must be able to confirm your identity.
- You must have a high school diploma, recognized equivalent, or an alternative approval by School.
- You must be enrolled or accepted for enrollment at School.
- You have satisfied the completed credit requirement.
- Note: For programs that are self-paced, have no more than 60* CUs to complete before graduation as certified by School. For programs that are not self-paced, be within four* academic terms of graduation as certified by School.
- You have completed the Academic Activity Verification by accepting enrollment in School’s first academic term under the Income Share Agreement# as certified by School.
- You have completed a FAFSA in the current award year as determined by the School’s financial aid office.
- You have demonstrated unmet financial need as determined by the School’s financial aid office.
- We must be able to confirm that you are not in default on a federal student loan as determined by the School’s financial aid office.
- We must be able to confirm that you are seeking a bachelor’s degree.
- Note: At this time, Students are not eligible for an ISA if they are enrolled in the following non-terminal programs: Bachelor of Science, Pre-Nursing; or the undergraduate portion of the following bridge programs: (1) Master of Science, Nursing-Education (RN to MSN), (2) Master of Science, Nursing-Leadership & Management (RN to MSN); or (3) Master of Science, Nursing-Nursing Informatics (RN to MSN). This information is certified by School.
- We must be able to confirm that you are a U.S. citizen or eligible noncitizen.
- We must be able to confirm that you are 18 years or older at the time of application.
- You must be able to provide a confirmed social security number
- We must be able to confirm that you have maintained a cumulative Satisfactory Academic Progress (SAP) in good standing (as certified by School).
- You have completed Satisfactory Academic Progress (SAP).
- Note: Students whose cumulative SAP is below 50% are not eligible for an ISA.
- Students whose cumulative SAP is below the 66.67% required for good standing, but is at or above 50%, are placed in warning status for one academic term. Students with a warning status remain eligible for the first disbursement. However, the second disbursement would be cancelled if Student fails to reach good standing after the first academic term.