So, you got in, you accepted the offer, you went to Target with your mom and bought the shower caddy, the desk organizer, the fresh sheets, maybe even a new pair of jeans or two. You’re moved in, you have …Read more
Satisfactory Academic Progress: Financial Aid Considerations
Federal regulations require the University of Mount Union to establish satisfactory academic progress (SAP) standards for student financial aid recipients. Mount Union’s SAP policy measures a student’s performance in the following three areas: cumulative grade point average (GPA), completion rate, and maximum time frame. The Office of Student Financial Services is responsible for ensuring that all students who receive federal, state, and institutional financial aid are meeting these standards. The Standards of Satisfactory Academic Progress apply for all financial assistance programs including but not limited to: Federal Pell Grant, Federal Perkins Loan, Federal Work-Study (FWS), Federal Supplemental Educational Opportunity Grant (FSEOG), Direct Loans (Stafford and Parent PLUS Loan), as well as financial aid from the state of Ohio.
To retain financial aid eligibility, a student must be in “good academic standing,” in terms of minimum cumulative GPA requirements. A student must also be making satisfactory academic progress in terms of completing courses. A student enrolled at the University of Mount Union on a full-time basis is considered to be making satisfactory academic progress (SAP) if he or she successfully completes a minimum of 67% of the credit hours attempted, reviewed annually at the end of the spring semester. (Please note that financial aid regulations prohibit a student from repeating a course that he or she has already passed more than once.) A student may repeat a course that he or she has previously passed more than once, but such courses will not be eligible for financial aid. Finally, a student must complete his or her degree within 150% of the published length of the program as measured by credit hours attempted. At the University of Mount Union, this means in programs requiring 120 hours for graduation, a student is eligible for financial aid through 180 attempted hours. All attempted hours are counted whether or not financial aid was received or the course work was successfully completed. Once a student reaches 180 attempted credits (150% time frame), eligibility for financial aid will terminated indefinitely.
Satisfactory Academic Progress is reviewed annually following the spring semester. Students not meeting the completion rate or the minimum GPA requirement at the end of each academic year will be at risk of losing their financial aid eligibility. Such students will be notified by the Office of Student Financial Services.