Cowley College recognizes the need to provide financial assistance to qualified students. Federal regulations require students receiving federal aid to make "satisfactory academic progress" in order to continue receiving federal aid. Progress of all students on federal aid will be measured at the end of each semester based on final grades and hours completed. The following procedures will be used to determine eligibility and the awarding of federal aid:
- A student's eligibility for federal financial aid will be evaluated on approved need, enrollment in a degree or a certificate program, satisfactory academic progress and availability of funds.
- Any student who has exceeded 95 attempted credit hours at Cowley College is not eligible to receive Title IV aid at Cowley College regardless of whether or not financial aid had been used by the student previously.
- Class attendance and academic progress will be evaluated at mid-term of each semester. At mid-term, students who are not making satisfactory progress in the classroom will be notified in writing that failure to meet satisfactory academic progress by the end of the semester will result in being placed on federal aid warning status.
- The student must complete a minimum of 67% of the hours attempted with a grade point average of 1.75 or above each semester. The following cumulative GPA requirements must also be met:
Hours Attempted
Cumulative GPA Required
1-30
1.75
31+
2.00
- The Financial Aid Office reserves the right to use professional judgment in monitoring cumulative GPA's if a student has made satisfactory progress within the current semester.
- A complete withdrawal from courses by students receiving federal financial aid will result in federal financial aid warning status.
- Federal aid warning status is defined as a semester in which the student must achieve satisfactory progress or they will then be placed on financial aid denial in the following semester. Students who have been placed on warning status will not receive their federal aid during the warning semester until they have completed the Warning Acknowledgement Form, the Academic Plan and the Financial Literacy Quiz.
- The student's warning status for federal financial aid eligibility will be automatically removed after he/she meets satisfactory academic progress during the warning semester. It is the student's responsibility to reapply for federal financial aid each year.
- Students not meeting SAP for two consecutive semesters will be denied financial aid until they complete six credit hours successfully without aid. Denied students are not eligible for financial aid of any kind, including Federal Direct student loans .
- Students have the right to appeal federal financial aid denial by completing the Financial Aid Appeal form and submitting it to the Student Affairs Committee. Committee meetings are held monthly and appeals are decided upon at that time. Students will be notified of the committee decision in writing within five business days of the committee meeting.
If you have questions regarding this policy, you may contact the Financial Aid Office.
Adopted October 18, 1993
Revised October 16, 1995
Reviewed July 21, 2003
Revised October 19, 2009
Revised December 13, 2010
Revised July 18, 2011
Revised September 19, 2011
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