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Noncredit, Remedial Courses, Repetitions Remedial courses, repetitions, and non-credit courses have no effect
upon the school’s satisfactory academic progress standards.

Transfer Hours:
With regard to Satisfactory Academic Progress, a student’s transfer hours will be counted as both attempted and
earned hours for the purpose of determining when the allowable maximum time frame has been exhausted.
Satisfactory Academic Progress evaluation periods are based on actual contracted hours at the institution.

Student Access to Satisfactory Academic Progress evaluation results:
Students receive a hard copy of their Satisfactory Academic Progress evaluation at the time of each evaluation
checkpoint. Students must sign the copy and it is maintained in their student file.

FINANCIAL AID
It is the philosophy of PB Cosmetology Education Centre that no student should be restricted from attending school
because of limited financial resources. Each year, approximately three-quarters of PB students receive some form of
financial assistance.

The Title IV Financial Aid Program has been developed to assist students in achieving their educational goals.

Financial Aid Eligibility
You must be a United States citizen, national or permanent resident, or in the United States for other than temporary
purposes, and have documentation to support your status.

Students enrolled in programs less then 600 clock hours are not eligible for the Federal Pell Grant Program. The
Federal Education Loan Program requires that your course be at least 300 clock hours in length.To receive financial
aid, you must be making satisfactory progress as defined in this catalog. You must be able to show, in the forms you
complete, that you are eligible for one of the categories of financial aid available.

Applying for Financial Aid
You may apply for financial aid at the same time you apply for admission to PB Cosmetology Education Centre.
The school may make a financial aid determination prior to you starting the course. However, no financial aid
payments will be made until you have started your classes.

Financial Aid for Transfer Students
Students are required to disclose any previous post-secondary education to the school administration. The financial
aid administrator will access the database system (NSLDS) to determine prior Title IV aid used at the other
institutions.

Available Financial Aid Programs
The PB Office of Financial Aid offers three basic programs of financial aid. Most students receive a combination of
these sources of aid, and the program is referred to as the student’s “financial aid packages.”

Scholarships
Scholarships are made available to area high schools students who demonstrate an aptitude and desire for
cosmetology. These awards are contingent upon the successful completion of the course by the student. The
school may, from time to time, select other applicants (non-traditional students) for partial scholarships. Interested
applicants should inquire at the Career Development Office for information regarding scholarships. Candidate
selection is at the discretion of the PB Cosmetology Education Centre Scholarship Committee. All scholarship
recipients must maintain a 90% attendance rate and a 70% academic average.

Scholarship Forfeiture Agreement
Recipients of a scholarship at PB Cosmetology Education Centre will be evaluated at the scheduled 150, 300, 450 or
600-hour mark and at the scheduled 300, 600, 900 or 1200-hour mark to ensure that the student is maintaining a
90% rate of attendance and a 70% academic average. If at the scheduled 150, 300, 450 or 600 hour mark the student
is not meeting these rates he or she will lose half of the awarded scholarship.

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