Financial Aid FAQ

Your questions answered here! Financial aid can be confusing. We understand and wish to provide you with the most current information possible.  CLICK ANY TITLE BELOW TO GO TO THAT SECTION.

Campus Safety and Security: Alerts, reports, forms, and emergency assistance information available here, including Clery Act statistics.

Consumer Information: You have a right and a responsibility to know and have access to information regarding financial aid policies and procedures and other items mandated by federal regulation.  You have the right to request a copy of the required disclosures in writing by sending an email to the responsible person listed at the bottom of the page. The electronic version can be found by clicking here. The College Catalog is another resource for consumer information, and we have supplemented it with additional information

Financial Aid Course Audit (FACA)In addition to choosing a Financial Aid Eligible Program of Study (major), a student’s classes must each be part of that major.  Tuition can only pay for order for aid to pay for classes that lead to graduation. See also our Financial Aid Course Audit (FACA) FAQ

Net Price Calculator: we use the Virginia Education Wizard to help you understand how much it costs to attend college.

Right to Cancel Loans: As a student or parent borrower, you have the right to cancel the entire loan or any portion (a specific disbursement) of any federal Stafford or PLUS loan, within certain time frames. Requests to cancel a specific loan disbursement may be submitted prior to the date of crediting to your account or within 14 days of notification of disbursement.  In rare cases after the 14 day window, certain other loan forgiveness or discharge options are available. For example, a school closure or proof of fraudulent activity are good reasons to request cancellation.

Satisfactory Academic Progress (SAP):  Make the grade to keep your financial aid. SAP is the standard required for students to maintain eligibility for financial aid.  Students are required to be familiar with this process and their status.

Scheduled Disbursement Dates: financial aid is generally disbursed starting 40-60 days of the beginning of the semester, after class attendance is confirmed.   Additional disbursements are made approximately every two weeks thereafter. Single semester loans must be disbursed in two parts, 30 days apart.

Loan Fees: are funds you borrow and will repay, but are kept by the Department of Education. Under sequestration, loan origination fees will be adjusted at the beginning of the federal fiscal year (October 1) of each year unless the act is repealed or replaced. 


What is the name and title of the person responsible for Financial Aid disclosure information? How can I contact this person?

  • Dr. Teresa Harrison, Financial Aid Coordinator, Senior VA Certifying Official
  • Available: Monday-Friday 8:00 a.m. – 5:00 p.m.*
  • Email: tharrison@pdc.edu

* Summer and Registration week hours may vary