FAFSA Application Requirement 2018-2019:
Every eligible student must reapply for federal financial aid between October 1, 2017 and June 30, 2019 for the 2018-2019 year. This entails completing online a new FAFSA and in some cases, if there is a pending expiration date, a renewed Master Promissory Note. The excellent Federal Student Aid website: www.studentaid.ed.gov gives info on (1) Types of Aid, (2) Who gets Aid, (3) Estimate your Aid, (4) Repay your Loan. (Please find attached a list of Website Resources for Student Loan Borrowers*).
To meet the requirements of Federal Title IV programs and state grants, students must now comply with a set of: (1) Quantitative, (2) Qualitative, and (3) Time Frame academic measurement standards. These are defined by satisfactory academic progress policy (SAP) for student financial aid recipients.
The Quantitative Measurement
requires that all students complete successfully (earn credit hours) at least two-thirds (2/3) of attempted credit hours and meet the standards of satisfactory academic progress described in the charts for BA
, and BS
. The ratio of earned credit hours is calculated by dividing the number of earned semester credit hours by the attempted number of credit hours in the semester.
The Qualitative Measurement requires students to maintain the minimum acceptable level of academic achievement outlined in the University catalog.
The Time Frame Measurement (Maximum Credit Hours) limits a student to be eligible to receive student financial aid for any attempted credit units in the program of study so long as it does not exceed 150% of the published length of the academic educational program of study. For example, a student enrolled in a 122-unit degree program may receive financial aid for a maximum of 183 attempted units, and a student enrolled in an 86-unit certificate program may receive the aid for a maximum of 129 attempted units.