Maintain Eligibility for Financial Aid
To remain eligible for financial aid, a student must satisfy requirements of the following policies:
Satisfactory Academic Progress
The Federal Student Financial Handbook states the following: “The regulations for satisfactory progress were initially published in October 1983 and were amended on December 1, 1987; April 29, 1994; and November 29, 1994. Every school participating in Student Financial Assistance (SFA) Programs must monitor its SFA recipients to ensure that they are meeting satisfactory progress standards.”
Satisfactory academic progress will be calculated at the end of each academic term and will include all periods of enrollment.
In order to be eligible for financial aid, students must meet the following minimum guidelines:
- Maximum Time Frame: Students must complete an eligible program within a time frame not to exceed 1.5 times (150%) the normal published time frame. For example, if the academic program length is 70 credit hours, the maximum credit hours that may be attempted is 105 credit hours. (70 x 1.5 = 105). The calculation of the maximum time frame includes all hours attempted at Roanoke-Chowan Community College and transfer credits from other institutions.
- Quantitative Standard: Students must complete 67 percent of the total cumulative credit hours attempted. For example, if a student has attempted 50 credit hours, the student must earn credit for at least 33 hours. (50 x .67 = 33). Course grades of AU, W, WF, WP, F, and I are not considered completions and will adversely affect a student’s satisfactory academic rate calculations.
- Qualitative Standard: Students must maintain successful academic progress as defined by the Roanoke-Chowan Community College catalog of a minimum 2.0 GPA.
Students who fail to meet the minimum standards for satisfactory academic progress at the end of the semester will be placed on financial aid warning. A student may continue to receive financial aid for one semester while on financial aid warning provided they are otherwise eligible. Students should use this opportunity to re-establish satisfactory academic progress.
If, at the end of the warning period, the student is meeting the minimum requirements for satisfactory academic progress, the financial aid warning is lifted. Students who fail to make satisfactory academic progress after the financial aid warning semester will be placed on probation and will be ineligible for financial aid until satisfactory progress has been met. However, a student does have the right to request an Appeal for reinstating financial aid. If the student’s appeal is denied, the student may pay at their expense and attend the next semester(s) in order to meet the minimum standards for satisfactory academic progress.