Students who would like to use financial aid to pay for classes at two colleges during the same semester must complete a consortium agreement. The consortium agreement allows students to receive financial aid based on the combined enrollment at multiple colleges.
Here are some things students should know about consortium agreements
- Students will only receive financial aid from one institution.
- The college where you receive your financial aid is referred to as the parent school or home institution.
- If RSC is the home institution, a 6 credit minimum RSC enrollment is required for student loans.
- The school where you attend classes but do not receive aid is called the participating school or host institution.
- Students are responsible for making payment arrangements at the participating school.
- If RSC is the participating school the account balance must be paid by the first day of class.
- The consortium agreement form can be found in the Financial Aid Forms Center.
- A consortium agreement typically takes 5-7 business days to process.
- Not all schools will qualify for a consortium agreement with Rio Salado College.