1989-1990 Academic Catalog

188 Financial Information Standards of Satisfactory Academic Progress for Recipients of Financial Aid Policy Financial aid recipients at Cedarville College are required to achieve satisfactory acaden1ic progress to be eligible to continue to receive federal financial assistance. TI1e purpose of this policy is to define the requiren1ents for satisfactory acadentlc progress as it pertains to recipients ofTitle IV federal aid progran1s. Cedarville College recognizes that conditions \Vhich create the need for fmancial assistance may also create other educational needs \Vhich require extra time and slo\ver progress in achieving educational goals. Students \Vho, because of excep– tional educational needs, n1ust 1nake slower progress than outlined in the policy or \Vho find the1nselves viclinis of unusual circu1nstances are encouraged to discuss their situations \Vith their acadenlic advisors and the financial aid office. Where legally possible, because of mitigating circu1nstances, cxen1ption to this policy can be considered. When the Congress of the United States enacted the Higher Education Arnend– ments of 1976, eligible institutions \Vere directed to define and enforce standards of progress for students receiving federal fmancial assistance. The progran1s directly involved at Cedarville College are: (I) Pell Grant, (2) The Perkins Loan, (3) The Supplemental Educational Opportunity Gmnt---SEOG, (4) College Work Study– CWS, and (5) Stafford/SLS/PLUS Loans. Full-Time Students All students are required to have a cumulative grade point average of2.00 (C) in order to be graduated fron1 Cedarville College. 1l1e follo\Ving academic require– n1ents \Vould be appropriate in achieving this goal and fulfilling the temt "carrying to co1npletion" Uie required credit hours. In order to n1eet acaden1ic progress stan– dards, students n1ust con1plete a minin1un1 number of credit hours based on a percentage of \Vork to be completed and niaintain a minimum cu1nulative grade point consistent \Vith the requirements for graduation. 1l1e follo\ving illustrates the academic progress policy: Hours attempted Completed (percent) Completed (credits/yr) Con1pleted (cum credits) Minin1un1 CUill GPA 1-48 65% 31 31 1.70 49-96 70% 34 65 1.90 97-144 75% 36 IOI 2.00 145-240 80% 38 139 2.00 Satisfactory acadenlic progress n1eans that students 1nust con1plete 65% or 31 credit hours the first academic year, 70% or 34 credit hours (total of 65 credits) the second year, 75% or 36 credit hours (total of 101 credits) the third year, 80% or 38 credit hours (total of 139 credits) the fourth year, coupled \Vith the appropriate cun1ulative grade point average. It is assumed that the majority of students \Viii graduate in the nom1al tin1e fran1e. Ho\vever, no student n1ay continue n1ore than five years in order to co1nplete his/lter acaden1ic progran1. Regardless of the credit hours a full-tilne student atten1pts, he/she 1nust complete the percentage of \Vork (credit hours) and have the appropriate cun1ulative grade point as stipulated. Part-time Students Students \Vho e1uoll for less than a fuU-ti1ne basis (12 credit hours per quarter) \Vill receive proportionately less financial aid than a full-ti1ne student as dictated by lo\ver school costs and federal regulations. Sintilar academic progress requirements for full-tiine apply to part-tin1e enrollment on a proportional basis. Financial aid \Vill not be a\varded to students \Vho enroll for less than six hours of credit per quarter (half-time). Transfer Students Transfer students \Vho have never attended Cedarville College \Vill be granted one quarter of grace to establish a grade point average at Cedarville College. After co1npletion of the grace period (one quarter), the transfer credits plus the credits received during the quarter at Cedaiville and the grade point earned during the srune grace period \Vill be the evaluating factors to detennine if progress is evident, based on Ute current academic progress policy. How to Reestablish Eligibility \Vhen a student is denied aid because of lack of academic progress, additional courses at Cedarville must be taken at the student's o\vn expense. lllis will be necessary until the 1nini1nu1n cu1nulative grade point average and the required nlini– n1um credit hours needed 1neet the acaden1ic progress criterion. In all cases, the student, upon con1pletion of these require1nents, n1ust schedule an appointment \vith the Financial Aid Office to detennine llis/ller future eligibility for federal assistance.