Procedures:

At the end of each term, the academic records of all financial aid recipients are reviewed to determine if each student met the SAP requirements.

Satisfactory Academic Progress Requirements:

All financial aid recipients must maintain a cumulative grade point average of 2.00 or higher to continue to be eligible for aid. At the end of the drop and add period, student enrollment levels are determined according to the following guidelines:

All financial aid recipients must complete a minimum number of credit hours each term as follows:

Only hours that are passed (grades A, B, C, D, CR) will be counted as hours completed. Grades of I, W, F, and NCR will not be considered as hours completed.

Maximum Time Frame:

A student pursuing an undergraduate degree at Peru State College may receive Title IV aid for up to a maximum of 188 attempted credit hours or until obtaining a bachelor’s degree, whichever comes first. For more information contact the Financial Aid Office at Peru State College.

A post-graduate pursuing teacher certification will be calculated on an individual basis.

A post-graduate pursuing a master’s degree at Peru State College may receive Title IV aid for up to a maximum of 54 attempted credit hours or until obtaining a master’s/graduate degree, whichever comes first.

Probation:

Any student who does not meet the SAP requirements as outlined in #2 will be placed on “financial aid probation” for the following term.  Any undergraduate with attempted hours of 154 and above will be on “financial aid probation” until they reach 188 credit hours.  Any graduate with attempted hours of 36 and above will be on “financial aid probation” until they reach 54 credit hours. The student will be eligible to receive aid during the probationary term; however, the student must meet all other SAP requirements at the end of each probationary term to continue to be eligible for financial aid.

Suspension:

If the student does not meet all the SAP requirements at the end of the probationary term, the student will be placed on “financial aid suspension.” Students who are on suspension are not eligible to receive any financial aid. This includes grants, loans, work study, and institutional scholarships.

Reinstatement:

A student who is placed on financial aid suspension due to #2 can regain eligibility for financial aid by enrolling for at least 6 PSC credit hours in a single semester at his/her own expense and achieving a cumulative grade point average of at least 2.00 and completing the minimum number of hours outlined in #2.  To be reinstated, a student must submit a written request for reinstatement to the Financial Aid Office as well as a copy of his/her grade report to demonstrate compliance with the SAP requirements.

Appeals:

If a student on financial aid suspension feels that he/she has experienced extenuating circumstances which affected his/her ability to meet the SAP requirements, he/she should submit a written appeal to the Financial Aid Office within two weeks of the date of the suspension letter. Documentation of any extenuating circumstances should be attached to the appeal. The Appeals Committee will review the appeal and determine whether the student’s financial aid eligibility should be reinstated.

Prior Attendance:

The Financial Aid Office is required to consider all attendance at Peru State College when determining whether or not a student is making SAP, even if no financial aid was received during the previous period of enrollment. The Financial Aid Office will review the student’s academic transcript to determine if the SAP requirements have been met. Any student who does not meet these requirements will be placed on “probation” or “suspension” as appropriate.