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Victory University 2012-2013 Academic Catalog

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H. Transfer credits will be counted as attempted and completed credits for the calculation<br />

of completion rate and maximum time-frame but will not affect the student's GPA<br />

calculation.<br />

IV.<br />

Financial Aid Denied Status<br />

A. Undergraduate students who fail to maintain the minimum completion rate of 67<br />

percent and/or fail to maintain a minimum cumulative GPA of 2.0 will be placed in<br />

Financial Aid Denied status for the following semester of enrollment. No financial aid<br />

will be disbursed during subsequent semesters until the student is removed from<br />

Financial Aid Denied status (see Reinstatement of Aid after Financial Aid Denied<br />

Status).<br />

B. Undergraduate students who do not earn their degree within the maximum timeframe<br />

to completion will also be placed in Financial Aid Denied status. No aid will be<br />

disbursed during subsequent semesters of enrollment unless the student has made an<br />

appeal and the appeal is granted for that semester (section VII of this policy describes<br />

appeal procedures). There are no exceptions to this requirement.<br />

C. Students placed in Financial Aid Denied Status will be notified via email.<br />

V. Reinstatement of Aid After Financial Aid Denied Status:<br />

A. Reinstatement of financial aid after a student is placed in Financial Aid Denied status is<br />

achieved in one of the following ways:<br />

1. The student submits a written letter of appeal and the Financial Aid Appeals<br />

Committee grants the appeal. The student is placed on Financial Aid Probation for<br />

the next semester of enrollment. Financial aid probation means that the student<br />

who failed to make satisfactory academic progress and who has appealed has had<br />

eligibility for aid reinstated. At the end of that probationary semester their SAP<br />

status will be reevaluated. The student must meet all SAP requirements at the end<br />

of that semester or they will return to Financial Aid Denied status and must<br />

reestablish eligibility as described in item.<br />

95

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