Financial Aid Policies and Publications
Please refer to the following policies for specific information regarding your financial assistance and how to remain in good standing with your financial assistance.
- Rights and Responsibilities/Understanding Your Financial Aid
- Satisfactory Academic Progress
- Return of Title IV Aid
- Understanding your award letter
- Eligible Degrees and/or Certificates for Financial Assistance - A student must be enrolled as a regular student in an eligible program to receive financial aid funds. A regular student is someone who is enrolled or accepted for enrollment in an eligible institution for the purpose of obtaining a degree or certificate offered by the school.
- Attendance and Financial Assistance
- Repeat Classes - According to Federal Regulations – financial aid cannot pay aid to students for courses that have been repeated more than once, when a grade of D or higher has already been earned. ** Please Note - Financial aid is considered Grants and Loans **
- Pell Lifetime Eligibility - The amount of Federal Pell Grant funds a student can receive over his or her lifetime is limited by a new federal law to be the equivalent of six years of Pell Grant funding. Since the maximum amount of Pell Grant funding a student can receive each year is equal to 100%, the six-year equivalent is 600%. Read more on Pell Lifetime Eligibility
- Students with a Bachelor’s Degree
- Financial Assistance Glossary
Contact Information
Office of Student Financial Assistance
Student Services Center (SSC), Room 2220
(630) 942-2251
Email: financialaid@cod.edu
Fax: (630) 942-2151
Regular Hours
Monday and Tuesday, 8 a.m. to 7 p.m.
Wednesday through Friday, 8 a.m. to 5 p.m.