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Financial Aid
Standards of Satisfactory Academic Progress
What Are the Standards
of Satisfactory Academic Progress?
The Department of Education
requires institutions of higher education to establish minimum
standards of "satisfactory academic progress" for students
receiving federally funded financial aid. These standards have
been established to encourage students to complete courses for
which financial aid is received and to progress satisfactorily
toward a degree. Benedictine University has also been directed
to apply these same standards of academic progress to the recipients
of the Monetary Award Program (MAP) from the Illinois Student
Assistant Commission and scholarships, grants, and loans awarded
or administered by the Financial Aid Office.
Types of Aid Covered
Federal Pell Grant
Federal Supplemental Educational Opportunity Grant
Federal Perkins Loan
Federal Work Study
Federal Stafford Loan (Subsidized & Unsubsidized)
Federal Parent Loan for Undergraduate Students (PLUS)
Illinois Student Assistance Commission Monetary Award Program
(MAP)
Other Federal/State Grants and Scholarships
Who Must Meet This Criteria?
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Students currently receiving financial assistance
under the programs listed and who are classified as undergraduates
enrolled at least half-time. |
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Students who applied for financial assistance
seeking financial assistance will be expected to meet the
minimum cumulative grade point average prior to receipt of
financial assistance. If the student does not meet the minimum
cumulative grade point average, they will be placed on "Financial
Aid Probation." The student will be allowed to receive,
if eligible, one term of financial assistance. At the end
of the first term in attendance, the student must meet the
minimum cumulative grade point average requirement for their
academic class level. If this requirement is not met, the
student will be ineligible to receive further financial assistance.
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Benedictine University Satisfactory Academic
Progress (SAP) Policy
Satisfactory Academic Progress Policy for Financial Aid Recipients
Students receiving financial aid through federal, state and/or
institutional funds (including student loans) must remain in good
standing and make satisfactory academic progress to retain their
awards. The academic progress of every financial aid recipient
is reviewed each academic year after spring grades to make sure
these standards are being met. To remain eligible for financial
aid, students must maintain satisfactory academic process as defined
in the University catalog.
I. Overview
Federal regulations require that Benedictine University establish
standards of satisfactory academic progress for students receiving
federal financial aid funds. Minimum standards of academic progress
are established to encourage students to successfully complete
coursework for which financial aid is received and to make progress
toward a degree.
II. Financial Aid Programs Included Under this Policy
All Federal, State and Benedictine University institutional aid
programs are subject to this policy.
III. Students Subject to this Policy
All students currently receiving Federal, State and/or Benedictine
University institutional aid funds are subject to this policy.
IV. Satisfactory Academic Progress Policy for Financial Aid
Recipients
Satisfactory academic progress includes three criteria:
- Academic standing based on the student's cumulative grade
point average (cgpa);
- The student's progress towards successful degree completion;
and,
- Degree completion within a maximum timeframe.
In order to maintain satisfactory academic progress, students
must:
- Remain in good academic standing or on academic probation
as defined in the University catalog;
- Maintain a completion rate of coursework equal to at least
67% of the total number of credit hours attempted;
- Complete their degree requirements within 150% of the required
hours to complete their degree.
V. Satisfactory Academic Progress Review Process
Satisfactory academic progress is reviewed at specified times
during the award year. Academic standing (cumulative grade point
average) is reviewed at the end of each term. Successful progression
towards degree completion and maximum timeframe criteria are reviewed
at the end of each academic year.
Probation: If a student fails to meet the requirements
of satisfactory academic progress, the student will be placed
on financial aid probation for one academic year.
Cancellation: If a student on financial aid probation
fails to meet the minimum requirements of satisfactory academic
progress, the student will be ineligible for continued assistance.
Reinstatement: A student may regain eligibility
for financial aid once the student has met the minimum requirements
of satisfactory academic progress.
If a student fails to make satisfactory academic progress at
the end of an academic year and the student enrolls in summer
school, the summer school credit hours completed will be considered
in the student's eligibility for continued financial aid.
It is the student's responsibility to contact the Financial Aid
Office to request a review of his/her satisfactory academic progress
for reinstatement of assistance.
VI. Appeal Procedure
Cancellation of financial aid due to the student's failure
to meet satisfactory academic progress may be appealed if extenuating
circumstances (illness, family problems, death of a family member,
etc.) led to academic difficulties. The student's appeal must
be in writing and submitted to the Financial Aid Office.
VII. Definitions
Completion of Courses
Hours completed are based on grades of A, B, C, D, and P. Hours
with an F (failure), W (withdrawal), I (incomplete), X (deferred),
are counted in the number of hours attempted, but not in the number
of hours completed. Note: It is the student's responsibility to
notify the Financial Aid Office when an incomplete grade has been
satisfactorily completed.
Class repeats, transfer hours and developmental course hours
are counted in the total number of hours attempted/completed.
Full-time/Part-time Enrollment
For financial aid purposes, full-time is defined as enrollment
for a minimum of 12 credit hours. Part-time students must enroll
for a minimum of 6 credit hours.
Last updated
November 29, 2007 12:47 PM
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