Friday, September 2, 2011

Do you know how GPA factors into financial aid?

This is the second of several articles I will post in what I want to name FA (Financial Aid) Friday.  Please feel free to respond to these articles if you have any burning FA Questions ELI’s FA Specialist, Carletta Mackey, can answer for you. 

Students who do not meet the credit progression requirements and/or cumulative grade point average requirements will be immediately ineligible for financial aid.

What is the GPA Rule? 
In order to remain eligible for financial aid consideration, students must meet minimum cumulative grade point average requirements based on a progressive scale. Only non-remedial courses with grades of A, B, C, D, and F are included in this calculation. Transfer credits are excluded from GPA evaluation. Note: In order to graduate, a minimum cumulative grade point average of 2.0 is required.

*Removal from financial aid does not prevent students from enrolling without financial aid if they are otherwise eligible to continue their enrollment.

Appeal Process:
Unless extenuating circumstances exist and an appeal is granted, a student in financial aid suspension should expect to continue classes at his or her own expense until satisfactory academic progress requirements are again met.

Students who fail to meet these Satisfactory Academic Progress Standards and who choose to enroll without benefit of student financial aid may request a review of their academic records after any term in which they are enrolled without the receipt of financial aid to determine whether they have again met satisfactory academic progress standards. If standards are met, eligibility is regained for subsequent terms of enrollment in the academic year. Students should consult their campus financial aid advisors for assistance in appealing any element of this policy or to determine how to regain eligibility for financial aid.

No comments:

Post a Comment