2009-2010 KCUMB College Catalog - Kansas City University of ...

KCUMB policy presents the academic standards that apply to all students receiving
financial aid.
The academic progress of each student is monitored and evaluated at the end of each
academic year by the Promotion and Graduation Committee. The Promotion and
Graduation Committee reviews records to see if the student has fulfilled all academic
requirements and has maintained the standards of ethical, moral, personal and
professional conduct required for continued study of osteopathic medicine.
A student whose cumulative grade point average falls below 2.0 at the end of the
academic year is deemed Not In Good Standing. A student failing to meet one or more of
the standards of progress will be considered as Not In Good Standing and placed on
financial aid probation. A student may be allowed one enrollment period to regain a 2.0
G.P.A. Financial Aid personnel will notify and explain the loss of eligibility to the
student. A student placed on Conditional Status will be on Financial Aid probation.
Financial aid eligibility will be monitored with each disbursement and subsequent
requests for financial aid. First- and second-year students with two section failures will
have financial aid suspended until the result of the next exam is known. Third- and
fourth-year students with two COMLEX failures will have financial aid suspended until
the passage of their third attempt.
To be eligible for financial aid, a student must:
• Not be auditing courses
• Not be on suspension from academic participation or on leave of absence
• Have a minimum 2.0 grade point average at the end of the second year in order
to remain eligible for further financial aid while on clinical clerkships
• Not be placed in any status by administrative directive that stipulates the student
is considered “Not In Good Standing” or “Not Meeting Satisfactory Progress”
Loan Programs and Sources
Primary Care Loan (PCL)
As of July 1, 1993, PCL replaced HPSL for new borrowers. A student must commit to
primary care including the internship, residency and practice. The interest rate is 5
percent. Loan amount is contingent upon the availability of funds. Available to third- and
fourth-year students only.
Federal Stafford Loans
The Stafford interest rate is fixed at 6.8 percent. An origination fee of .5 percent plus
a default fee of 1 percent are charged and deducted from the loan proceeds. Fees/interest
applies to both Subsidized and Unsubsidized Stafford loans. The cumulative maximum
Stafford limit for medical students is $224,000, of which only $65,500 can be Subsidized
Stafford.
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