Satisfactory Academic Progress and Financial Aid Graduate Students Financial Aid Satisfactory Academic Progress Policy (SAP) Federal regulations require that all financial aid recipients progress at a reasonable rate toward achieving a certificate or degree. This is called Satisfactory Academic Progress or SAP. This requirement applies to all terms regardless of whether or not the student received financial aid. Progress is measured by the student’s cumulative grade point average, credits earned in relation to those attempted, and the maximum time frame allowed to complete the academic program. Cumulative Grade Point Average: A student must achieve a 3.00 cumulative GPA. Grade point average is monitored by the Registrar’s Office. Refer to the Academic Standards and Academic Probation information in the Academic Policies section for information regarding the GPA requirement for continued enrollment. Cumulative credits earned: Each student must complete 67% of attempted credits. Maximum time frame: The time frame for completion of a degree at Corban cannot exceed 150% of the published program length. Masters degrees vary in length. The M Div requires 85 credits and the MA requires 52. Therefore, students may only receive financial aid during that time prior to recording 128 hours for the M Div and 76 hours for the MA including credits transferred from other institutions and attempted at Corban. Likewise, a student will be given a maximum of 9 semesters for the MDiv or 6 semesters for the MA of full-time attendance at Corban University. Other Elements Incomplete classes: Courses assigned an incomplete grade are included in the cumulative credits attempted. These cannot be used as credits earned until a satisfactory grade is assigned. Withdrawals: Courses from which the student withdraws after the 100-percent refund period are included in the cumulative credits attempted. Repeated classes: Repeated courses enable the student to achieve a higher cumulative grade point average. Credits attempted in repeated classes are included in the cumulative credits attempted. Credits earned in repeated classes included in the cumulative credits are earned only once. Second undergraduate degree students: Students who already have a first masters degree are eligible for loans (not grants) if they are pursuing a second degree (for example, they have a M.A. and are now seeking a M. Div). These students have up to an additional 128 attempted hours before exceeding the maximum time frame. Financial Aid Probation and Termination Students who do not meet the above standards of satisfactory progress at the end of the academic year (spring term) will automatically be placed on financial aid probation for the following academic year. Financial aid may still be received during the probation period. At the end of the probation period the student must again be making satisfactory academic progress as outlined above or financial aid will be terminated. Students will be removed from financial aid probation if they are again making satisfactory academic progress. Students who are academically dismissed (and not reinstated on appeal) by the Office of the Registrar are immediately terminated from financial aid without a probation period.
CORBAN UNIVERSITY CATALOG ADDENDUM
•
2010-2012
33