|
ACADEMIC PROGRESS FOR FINANCIAL AID
RECIPIENTS
To be considered for all Title IV
student financial aid programs (Pell Grant, Supplemental
Educational Opportunity Grant,
Perkins Loan, Stafford Loan, Parental Loans for Undergraduate
Students, Supplemental Loan for Students, and College Work Study
Program) the University requires the students to maintain satisfactory academic
progress.
Minimums requirements for
undergraduates to meet the University's definition of
academic progress for financial aid purposes are as
follows:
Quantitative Standards (credits
earned):
- Full-time undergraduate students
must complete a minimum of 24 new credits by the end of
the academic
year. (three/quarter time students must complete 18 new
credits; half-time students must complete 12 new credits)
Qualitative Standards
(QPA):
- Students who have not completed 2
academic years or its equivalent must have at least a 1.5
cumulative QPA at the end of each academic year.
- Students who have completed 2
academic years or its equivalent must have at least a 2.0
cumulative QPA at the end of each
academic year.
Academic progress for Federal
financial aid is measured annually in May after Spring grade
processing. Undergraduate students
may not receive Federal financial assistance for more than 6
years of full-time enrollment.
Credits transferred from another institution to SRU count
toward the maximum time frame
limits described above.
*Half-time
attendance requires 6 credits; three-quarter time, 9 credits;
full-time, 12 credits.
Appeal Process for Extenuating
Circumstances
If a student's aid is terminated
and if the student feels that the academic deficiency is a result
of extenuating circumstances (illness, injury, etc.) a written
appeal may be submitted to the Academic Progress Appeal Committee, c/o Associate Director of
Financial Aid. The Committee may, if the circumstances warrant, grant an exception
to a student who does not meet the academic progress requirements.
Regaining
Eligibility
A student who has been denied
financial assistance due to lack of academic progress will
regain eligibility at the end
of the semester in which the credit and/or QPA deficiency is
eliminated.
General
In order to receive Title IV
assistance, a student must be making satisfactory progress
regardless of whether or not
he or she previously received Title IV aid. If the student
withdraws from the University
during the course of a semester and chooses to accept financial aid
for the semester, it will affect future eligibility as that
semester will be included in the semester count used to
measure academic progress.
If the student does not accept aid for that semester, it will
not be counted.
All students are encouraged to
review the entire academic progress policy for financial aid
which is detailed on the
financial aid website at www.sru.edu/pages/628.asp.
Additional information is detailed in the policy including requirements for graduate
students and the impact of summer school on progress requirement.
Academic progress requirements for
the Pennsylvania State Grant differ from those above for
federal financial aid. The
state grant progress requirements are mailed to students with their
state grant notification from
the Pennsylvania Higher Education assistance Agency
(PHEAA).
|