2 - Lake Washington Institute of Technology
2 - Lake Washington Institute of Technology
2 - Lake Washington Institute of Technology
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Tuition & Financial Aid<br />
Maintaining Eligibility for Financial Aid<br />
SATISFACTORY ACADEMIC PROGRESS REQUIREMENTS<br />
FOR FINANCIAL AID RECIPIENTS<br />
To continue to receive financial aid, students must meet<br />
Satisfactory Academic Process (SAP) requirements.<br />
Satisfactory Academic Progress includes qualitative and<br />
quantitative measures, as well as maximum time frame<br />
requirements. The information below is a summary <strong>of</strong><br />
key requirements.<br />
QUALITATIVE MEASURE<br />
All students on or applying for financial aid must<br />
complete a minimum number <strong>of</strong> credits, with a quarterly<br />
and cumulative GPA <strong>of</strong> at least 2.0.<br />
QUANTITATIVE MEASURE<br />
Full-time students need to complete at least 12 credits<br />
per quarter, three-quarter time students at least 9, and<br />
half-time students at least 6. Less than half-time students<br />
must complete all credits attempted.<br />
Students who fail to meet the quarterly or cumulative<br />
GPA requirements or who fail to complete the minimum<br />
number <strong>of</strong> credits for their enrollment status for one<br />
quarter may be placed on warning status for the<br />
next quarter and may receive aid; however, certain<br />
limitations apply. Students who fail SAP requirements for<br />
2 consecutive quarters, or fail to complete at least 50%<br />
<strong>of</strong> credits (or all credits for less than half-time students),<br />
for the minimum enrollment level attempted in any one<br />
particular quarter will be placed on suspended status<br />
and will be ineligible for further aid.<br />
www.lwtech.edu/financialaid<br />
REINSTATEMENT<br />
Financial aid may be re-instated after students have<br />
completed, at their own expense, a quarter at the<br />
minimum level they were enrolled in (full-time, half-time,<br />
etc.), during the quarter for which their aid was cancelled<br />
(this does not apply to students who have reached<br />
the maximum time frame limitation). The classes must<br />
be at LWIT and the student must meet all applicable<br />
satisfactory academic progress requirements while<br />
completing the required credits. Awarding <strong>of</strong> financial aid<br />
for reinstated students is on a funds-available basis only.<br />
APPEAL PROCESS<br />
In some cases there may be extraordinary circumstances<br />
(beyond the student’s control), which may be considered<br />
for students whose aid has been suspended. A written<br />
petition, along with supporting documentation, may<br />
be submitted for consideration. Students whose aid is<br />
reinstated through the appeal process will be placed<br />
on probation status in their next quarter <strong>of</strong> attendance.<br />
Awarding <strong>of</strong> financial aid for reinstated students is on<br />
a funds-available basis only. The Financial Aid Office<br />
reserves the right to determine continued eligibility.<br />
Other conditions to maintain satisfactory<br />
academic progress for financial aid may apply.<br />
To view or print the complete policy, visit:<br />
www.lwtech.edu/financialaid.<br />
5<br />
Tuition & Financial Aid<br />
MAXIMUM TIME FRAME AND PROGRAM LIMITATIONS<br />
Students must complete the program they are pursuing<br />
in no more than 150% (or 125% for the State Need<br />
Grant) measured in attempted credits. For example, if a<br />
student is pursuing an AAS degree which requires 100<br />
credits to complete, the maximum time frame would be<br />
150 attempted credits (125 for the State Need Grant),<br />
regardless <strong>of</strong> whether the credits were funded by financial<br />
aid or not. Students must also meet pace <strong>of</strong> progression<br />
standards, indicating they will complete their program<br />
within the maximum time frame allowed (please see<br />
the complete policy for details). Students may receive<br />
financial aid at LWIT for a maximum <strong>of</strong> 2 programs.<br />
2 0 1 3 - 2 0 1 4 • L A K E W A S H I N G T O N I N S T I T U T E O F T E C H N O L O G Y • C A T A L O G 167