Consumer Information
Please check back for updates. We will be providing financial aid consumer information disclosures.
Students can view financial aid information described below through the Peralta Financial Aid Student Handbook. The handbook can be viewed here.
- All the need-based and non-need-based federal, state, local, private and institutional student financial assistance programs available to students who enroll at the school
- Terms and conditions of the Title IV, HEA loans
- Criteria for selecting recipients and for determining award amount
- Eligibility requirements and procedures for applying for aid
- Methods and frequency of disbursements of aid
- Rights and responsibilities of students receiving Title IV, HEA student Financial Aid, including criteria for continued student eligibility and standards for Satisfactory Academic Progress
- Terms of any loan received as part of financial aid package, sample loan repayment schedule, and the necessity for repaying loans
A Federal or State Drug *Conviction can disqualify students for FSA funds.
The chart below illustrates the period of ineligibility for FSA funds, depending on whether the conviction was for sale or possession and whether the student had previous offenses.
*A conviction for sale of drugs includes convictions for conspiring to sell drugs.
POSSESSION OF ILLEGAL DRUGS | SALE OF ILLEGAL DRUGS | |
1st Offense | 1 year from date of conviction | 2 years from date of conviction |
2nd Offense | 2 years from date of conviction | Indefinite period |
3+ Offenses | Indefinite period | Indefinite period |
If the student was convicted of both possessing and selling illegal drugs, and the periods of ineligibility are different, the student will be ineligible for the longer period.
A student regains federal financial aid eligibility the day after the period of ineligibility ends or when the student successfully completes a qualified drug rehabilitation program or, effective beginning with the 2010–2011 award year, passes two unannounced drug tests given by such a program. Further drug convictions will make the student ineligible again.
Students denied eligibility for an indefinite period can regain it after successfully completing rehabilitation program (as described below), passing two unannounced drug tests from such a program, or if a conviction is reversed, set aside, or removed from the student’s record so that fewer than two convictions for sale or three convictions for possession remain on the record. In such cases, the nature and dates of the remaining convictions will determine when the student regains eligibility. It is the student’s responsibility to certify to the school that the rehabilitation program was successfully completed.
Standards for a Qualified Drug Rehabilitation Program
A qualified drug rehabilitation program must include at least two unannounced drug tests and must satisfy at least one of the following requirements:
- Be qualified to receive funds directly or indirectly from a federal, state, or local government program.
- Be qualified to receive payment directly or indirectly from a federally or state-licensed insurance company.
- Be administered or recognized by a federal, state, or local government agency or court.
- Be administered or recognized by a federally or state-licensed hospital, health clinic, or medical doctor.
All financial aid disbursement information can be found on the financial aid disbursement page.
Additional Information
Financial Aid Campus Based Programs
Credit Balance Financial Aid Refund Policy
Student Rights and Responsibilites
Financial Aid for Study Abroad