Students are required to meet minimum academic standards in order to retain eligibility for federal financial aid, which includes grants, loans and work study. This policy is in addition to the Academic Standing policy that all students must adhere. At the end of every term, the Financial Aid Office will review students' academic records to ensure that they are meeting both of the following minimum standards required under federal regulations:
- Students must earn 2/3 of all credits attempted. Under this policy, credits attempted include credits for courses in which a student has withdrawn. Credits earned will only be those credits for courses with grades of "A" through "D" and grade "P." No other grades will be considered credits earned, including "F," "W," "L," "N," "I," and "NG." However, "F," "W," "L," "N," "I," and "NG" grades are counted towards credits attempted. A student may also earn credit for a course only once (even if a checksheet requires a higher grade).
- Students must earn a minimum cumulative QPA of 2.0 (Graduate students 3.0) at the end of each term. First-time freshmen must earn a minimum QPA of 1.75 at the end of their first academic year, but must earn a minimum QPA of 2.0 at the end of each subsequent academic term. The maximum time frame for full time students to complete a program of study is five years or ten full time semesters. For part time students, the maximum time frame to complete a program of study is ten years or twenty part time semesters. Periods of enrollment in which students did not receive financial aid will be counted. For federal financial aid purposes, a student must complete their program within 150% of the number of credits required for their program of study. A student in a bachelor's degree program must complete their program within six years or 180 credits. Students can receive federal loan funds up to the maximum dollar amount allowed by federal regulation. The maximum number of credits attempted applies to federal financial aid recipients only.
Students who do not meet these minimum academic standards will be placed on financial aid warning. Students can receive financial aid while on financial aid warning, but must achieve the minimum standards prior to the completion of the next term. If a student on financial aid warning does not meet the minimum academic standards at the end of the following term, the student will be placed on financial aid suspension. Students cannot receive any federal financial aid, including grants, loans or work study, while on financial aid suspension. Financial aid suspension can only be lifted after a student has met the minimum standards listed above. This will require a student to enroll for courses at his own cost if the student remains in good academic standing according to the Academic Services guidelines.
Financial aid suspensions can be appealed to the Financial Aid Appeals Board. An appeal form can be obtained by clicking here. Typically, the board will review appeals on the last Monday of each month. Students with an approved appeal will be placed on an official Academic Plan to ensure academic deficiencies are overcome in a timely manner. On a per semester basis, if the student does not meet the stipulations set in their Academic Plan, financial aid will be terminated. A re-appeal will not be permitted under most scenarios.
Revised August 2014