Financial Aid

Policy Number
BP 5130
Policy Category
Chapter 5 - Student Services
Adopted
Last Reviewed

A program of financial aid to students will be provided, which may include, but is not limited to, scholarships, grants, loans, and work and employment programs.

All financial aid programs will adhere to guidelines, procedures and standards issued by the funding agency, and will incorporate federal, state, and other applicable regulatory requirements.

The President shall establish, publicize, and apply satisfactory academic progress standards for participants in Title IV student aid programs.

Misrepresentation

Consistent with the applicable federal regulations for federal financial aid, Lane Community College shall not engage in “substantial misrepresentation” of:

  1. the nature of its educational program,
  2. the nature of its financial charges, or
  3. the employability of its graduates.

The President shall establish procedures for regularly reviewing Lane Community College’s website and other informational materials for accuracy and completeness and for training Lane Community College employees and vendors providing educational programs, marketing, advertising, recruiting, or admission services concerning Lane Community College’s educational programs, financial charges, and employment of graduates to assure compliance with this policy.

The President shall establish procedures wherein Lane Community College shall periodically monitor employees’ and vendors’ communications with prospective students and members of the public and take corrective action where needed.

This policy does not create a private cause of action against Lane Community College or any of its representatives or service providers.  Lane Community College and its Board of Education do not waive any defenses or governmental immunities by enacting this policy.
 

Board Policies are adopted by the Lane Community College Board of Education and establish the College’s governing principles and institutional direction. These policies are reviewed by the Board at least every five years or more often as needed. Board Policies are distinct from College Operating Policies and Procedures (COPPS), which provide operational guidance and are developed through governance processes and by responsible managers.