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A consortium agreement is an agreement between two schools that allows the parent school (school providing financial aid) to recognize and pay a student for classes being taken at another institution (participating school) in addition to classes being taken at the parent school.
Things to remember when doing a consortium agreement
- The STUDENT needs to pay the tuition at the participating school. The parent school cannot put a hold on classes nor contact the participating school to inform them of anticipated aid.
- The courses must apply to the degree or certificate program at the parent school.
- The student is responsible for providing the parent school with current enrollment status at the participating school, as well as providing grades at the close of the semester.
- These courses are subject to Standards of Satisfactory Academic Progress.
- The student must be registered at the parent school prior to submitting this form.
- The consortium agreement will not be considered complete until all signatures required on the agreement are provided.
- Financial aid must be awarded at the college where the student is attending more than 50 percent of their total credits for that term.
- The student must be enrolled in at least six credit hours per term at the school awarding the aid.
Click here to download the consortium agreement. |