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2012–2013 UNIVERSITY CATALOG - Florida Institute of Technology

2012–2013 UNIVERSITY CATALOG - Florida Institute of Technology

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Shirley J. Mataxis Engineering Scholarship for Women Athletes*<br />

Thomas E. and Lois R. McNamara Scholarship*<br />

Christine Antoinette Mead Athletic Scholarship*<br />

Merit Loan Endowment (loan, not scholarship)*<br />

Micros<strong>of</strong>t Scholars Program<br />

Herman Kessler Moore, M.D. Scholarship*<br />

JoAnn Morgan Women in Engineering Scholarship Endowment<br />

Bill Morris Advanced Flight Scholarship*<br />

National Defense Transportation Association (NDTA)/Space<br />

Coast Chapter Scholarship*<br />

Christopher Sherman Neese Memorial Scholarship*<br />

Northrop Grumman Scholarship in Engineering Studies*<br />

Northrop Grumman/George M. Skurla Engineering Scholarship*<br />

NorthStar Capital Management Scholarship*<br />

Numerical Control Society Scholarship*<br />

Dr. Walter M. Nunn Jr. Scholarship for Electrical Engineering<br />

Students (solely in the field <strong>of</strong> electromagnetics)*<br />

Dr. James M. and Sara M. Ortega Scholarship in Astronomy*<br />

Ravindran Palaniyandi, M.D. and Ambika Ravindran Scholarship<br />

(senior undergraduate or graduate award)*<br />

Capt. Joseph Brayton Perkins Scholarship*<br />

Steven Petrosky Memorial Scholarship*<br />

Phebus Family Scholarship*<br />

Dr. James G. Potter Scholarship in Physics/Space Sciences*<br />

Kelly Potter Memorial Aviation Scholarship<br />

William and Wendy Potter Nathan M. Bisk College <strong>of</strong> Business<br />

Scholarship*<br />

Marion and Eric Preece Scholarship*<br />

President’s Scholars Fund*<br />

Thomas C. Pridmore College <strong>of</strong> Engineering Scholarship<br />

Kenneth P. Revay Class <strong>of</strong> 1982 Scholarship in Mechanical<br />

Engineering*<br />

Chadley M. Rhodes Memorial Scholarship*<br />

Dr. Anne P. Rowe Scholarship*<br />

Michael Scafati Scholarship*<br />

Robert A. Schilling/Paravant Computer Systems Scholarship*<br />

Karl and Ingeborg Sendler Scholarship*<br />

Society <strong>of</strong> Naval Architects and Marine Engineers (SNAME)<br />

Undergraduate Scholarship<br />

S<strong>of</strong>tware Engineering Scholarship*<br />

Squamish Scholarship<br />

SunTrust/Reliance Bank/Huntington National Bank Scholarship*<br />

SunTrust Scholarship*<br />

Wachovia Corporation/First Union National Bank Scholarship*<br />

Wachovia Merit Scholarship<br />

Dr. Frank M. Webbe Psychology Scholarship*<br />

Dr. Gary N. Wells Biology Scholarship*<br />

Lettie Pate Whitehead Scholarship<br />

Walter D. and Paula LeCler Wood Scholarship*<br />

Marvin Yarosh and Jack Wiles Scholarship*<br />

Jonathan B. Zung Family Scholarship Endowment<br />

* indicates endowed scholarship<br />

Independent Colleges and Universities <strong>of</strong> <strong>Florida</strong> (ICUF) Scholarships<br />

Awarded in conjunction with sponsoring companies.<br />

ICUF 1. Ethics in Business Scholarship<br />

ICUF 2. Presidential Access Scholarship<br />

ICUF 3. United Parcel Service (UPS) Scholarship<br />

Satisfactory Progress Standards for Financial Aid Recipients<br />

The academic records <strong>of</strong> all students admitted to <strong>Florida</strong> Tech for<br />

the first time will be considered sufficient to allow them to apply for<br />

financial aid. To remain eligible to receive financial aid, continuing<br />

students must meet the following satisfactory progress standards<br />

instituted by the university in accordance with federal law. A review<br />

for compliance with these standards will be conducted at least once<br />

a year and at other times as required.<br />

Grade point average (GPA): An undergraduate student is expected<br />

to achieve and maintain a GPA <strong>of</strong> 2.0 or higher. This GPA is calculated<br />

in accordance with the guidelines contained in this catalog.<br />

Hours completed: Undergraduate students are expected to<br />

satisfactorily complete 75 percent <strong>of</strong> their attempted coursework.<br />

In general, full-time students should complete at least 12 credit<br />

hours per semester. Part-time students (6–11 credit hours) should<br />

complete at least six credit hours per semester. <strong>Florida</strong> Tech<br />

University Online full-time students should complete at least six<br />

credit hours per term; part-time students should complete at least<br />

three credits hours per term. Courses with grades <strong>of</strong> F, I, AU or W<br />

are attempted courses, but are not satisfactorily completed for the<br />

semester or term.<br />

Time limit: Federal regulations require students to complete their<br />

degree within 150 percent <strong>of</strong> the required credit hours.<br />

Probation and Suspension<br />

Financial aid recipients: The first time students fail to maintain<br />

satisfactory progress toward their degree, they will be placed on<br />

financial aid probation and informed <strong>of</strong> the appeal process relative<br />

to satisfactory progress standards. A second infraction will suspend<br />

the student’s eligibility for financial aid unless an appeal is filed<br />

and approved. Students can file an appeal based on any factor they<br />

consider relevant. Additional information and forms may be found<br />

at www.fit.edu/financialaid.<br />

Scholarship recipients: Scholarship recipients are required to<br />

maintain full-time enrollment (12 credit hours) and a cumulative<br />

GPA <strong>of</strong> 2.6 at the end <strong>of</strong> each academic year. Failure to maintain<br />

the minimum requirements may result in the loss or reduction in<br />

the academic scholarship.<br />

Graduate students<br />

Assistantships and Scholarships<br />

Graduate assistantships involve a stipend, tuition waiver or both,<br />

and are awarded to well-qualified master’s and doctoral students<br />

on the Melbourne campus. Awards are normally made on a yearto-year<br />

basis. However, not all students receive assistantships, and<br />

partial assistantships (such as tuition waiver only) may also be<br />

<strong>of</strong>fered. International students are eligible for graduate assistantships<br />

in some academic units. In addition to specific academic unit<br />

requirements, any student whose home language is not English,<br />

whether or not the student has graduated from an English speaking,<br />

post-secondary institution, must abide by all <strong>Florida</strong> Tech policies<br />

regarding English language pr<strong>of</strong>iciency found in “Languages<br />

Financial Overview 19

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