BP 5130: Financial Aid

While it is the student's primary responsibility to pay for educational expenses, financial aid programs may be available to help pay the educational expenses during attendance at Mt. Hood Community College. Educational costs may include but are not limited to, tuition, fees, books, supplies, room and board, personal expenses, childcare, and transportation costs.

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.

Consistent with the applicable federal regulations for federal financial aid, the 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 ensures review of the College website and other informational materials for accuracy and completeness and for training College employees and vendors providing educational programs, marketing, advertising, recruiting, or admission services concerning the college's educational programs, financial charges, and employment of graduates to assure compliance with this policy.

The President shall establish administrative regulations wherein the college 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 the college or any of its representatives or service providers. The College and its Board of Education do not waive any defenses or governmental immunities by enacting this policy.

Adopted: 3/8/06

Revised: 3/16/22

20 U.S. Code Sections 1070 et seq.;
34 Code of Federal Regulations Part 668 (U.S. Department of Education regulations on the Integrity of Federal Student Financial Aid Programs under Title IV of the Higher Education Act of 1965, as amended);
NWCCU 2020 Standards 2.G.2, 2.G.4, 2.G.5
ORS 348.015 to 348.017 (Third party financial firms)