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Students who receive financial aid from any federal,
state, or institutional source must adhere to specified
minimum standards of academic performance to encourage
the completion of their degree requirements in a timely
manner. These minimum standards are measured in both
quantitative and qualitative terms, as defined below.
Quantitative Standards
Full-time students are normally expected to complete
their degree requirements within four years. The
following chart defines the minimum number of credits
which students must earn each year in order to remain
eligible for continued financial aid disbursements:
After year one:
24
earned hours are required for need-based aid and
performance scholarships and 24 earned hours are
required for Merit Scholarships.
After year two:
48 earned hours are required for need-based aid and
performance scholarships and 54 earned hours are
required for Merit Scholarships.
After year three:
74 earned hours are required for need-based aid and
performance scholarships and 84 earned hours are
required for Merit Scholarships.
After year four:
100 earned hours are required for need-based aid and
performance scholarships and 120 earned hours are
required for Merit Scholarships.
After year five:
120
earned hours are required for need-based aid. Merit Scholarships
are not available.
Need-based aid includes all federal, state and
institutional need-based assistance such as Federal Pell
Grant, Federal SEOG, Federal Work-Study, Federal
Perkins Loan, Federal Stafford Loan, and Federal PLUS Loan. Performance scholarships
encompass institutionally-funded Scottish arts or
athletic scholarships. Merit and leadership scholars are
eligible for scholarship aid to assist with the tuition
cost of no more than 136 attempted credits, provided the
student is not in violation of the course completion
requirements described above. In addition, merit
scholars will be granted no more than eight semesters to
take the maximum number of allowable attempted credit
hours. Scholarships may be applied to the tuition cost
of no more than 34 attempted credits in any given
academic year.
Qualitative Requirements
In
addition to the above, financial aid recipients must
also maintain a minimum grade point average for
continued aid eligibility. These requirements are as
follows:
Freshmen
(0 - 29 Hours) 1.75
Sophomores (30 - 59 Hours) 1.90
Juniors
(60 - 89 Hours) 2.00
Seniors
(90 + Hours) 2.00
Merit
scholars must maintain the minimum grade point necessary
for the category of academic scholarship received.
The
College uses a 4-3-2-1-0 grading scale and bases grade
point on the total number of courses completed. If a
student repeats a course, however, only the highest
grade recorded shall be used in computing the GPA.
Part-Time Students
Part-time students are also required to make
satisfactory academic progress towards the completion of
their undergraduate studies. Their progress will be
evaluated under the same guidelines as full-time
students, with the maximum time allowable for degree
completion being based upon the equivalent ratio of
part-time to full-time status. Part-time students are
also subject to the same qualitative measures of
satisfactory progress as full-time students. For
specific details concerning financial aid eligibility on
a part-time basis, please contact the Financial Aid
Office.
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