Federal law and state financial aid rules and regulations require that Spoon River College establish satisfactory progress standards for federal and state financial aid applicants. These laws, United States Department of Education regulations (Public Law 99-498), and Federal Regulations 34CFR, Part 668, as well as published rules of the Illinois Student Assistance Commission are to ensure that any student who receives or applies for federal financial aid is making progress toward a degree. In order to maintain eligibility for financial aid, a student must meet the Standards of Academic Progress as published annually by Spoon River College. Failure to meet these requirements will result in the loss of all Title IV and state financial aid (Federal Pell Grant, Federal Direct Student Loan, Federal Supplemental Educational Opportunity Grant (SEOG), Federal Direct PLUS Loan, Federal Work Study Program, Silas Purnell Illinois Incentive for Access (IIA), Illinois Veterans Grant, Illinois Monetary Award Program (MAP), Illinois National Guard Grant, Montgomery GI Bill, and the MIA/POW Scholarship), until action is taken to regain eligibility. Finally, students that fail to meet the college’s academic standards will also lose their eligibility for Academic Performing Scholarships, Performing Skills Scholarships, and Athletic Performing Scholarships.
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