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Academic Calendar

Here is the Calendar of events for OLC.

  • August 25th 2014
    • Classes Begin
    - August 29th
    • Add/Drop Week
  • September 1st 2014
    • Labor Day Offices Closed
    - September 5th
    • 100% Drop Week
  • October 13th 2014
    • Native American Day Office's closed/No classes
  • November 11th 2014
    • Veteran's Day, Offices closed
  • November 27th, 28th, 2014
    • Thanksgiving Day Holiday, Offices closed
  • December 5th 2014
    • Classes End
  • December 8th, 9th, 10th, 2014
    • Make up Period
  • December 10th 2014
    • Grades Due

Federal Financial Aid Pell Grant Entitlement Program

 

Students must have the Free Application for Student Aid (FAFSA) on file. This is a Federal program that offers assistance to any eligible student who needs it to attend a post secondary educational institution. The value of the award may vary from $319.00 to $5,550.00, depending on the amount of assistance reasonably available from the family. This award helps eligible students work toward an undergraduate degree. Once a student has earned a first Bachelors Degree, they are no longer eligible to receive PELL.

Verification

30 percent of the students are selected for verification by the Department of Education. If you are selected for verification you will need to provide additional documentation to the Financial Aid Office. This includes a completed verification form and you and or your parent's IRS Tax Transcripts. This depends on your Dependency status located on your Student Aid Report.

Determination of PELL Eligibility

Pell will be disbursed to the number of hours students are enrolled in at the sixth week of classes to students who have complete files. Verification of attendance will be completed by; the financial aid staff during week six.

Disbursement of PELL Refunds

Pell refund checks will be out by week eight for students with a complete file.

If at week six, the student has poor attendance, the Pell refund check will be held by the Financial Aid Office until week nine. The Financial Aid Office will then check the student's attendance up to week nine to assure the student is still in attendance.

In the event of a student totally withdrawing from classes and ending up in repayment situation, the student will be responsible for the repayment back to the program.

Fraud

After conduction a review of an application provided for any credible information indicating that an application for Title IV, HEA program assistance may have engaged in fraud or other criminal misconduct in connection with his or her application. The type of information that an institution must refer is that which is relevant to the eligibility of the applicant for Title IV, HEA program assistance, or the amount of the assistance, will be referred to the Office of Inspector General of the Department of Education for investigation.

Examples Are:

  • False claims of independant student status;
  • False claims of citizenship;
  • Use of false indentites;
  • Forgery of signatures of certifications;
  • False statements of income.