cata espa revision 06252010 [todo] - Instituto de Banca y Comercio

SATISFACTORY ACADEMIC PROGRESS POLICY (SAP)Legal Reference: CFR Part 34 Section 668.34http://www2.ed.gov/policy/highered/reg/hearulemaking/2009/integrity-qa.htmlThe Higher Education Act of 1965, as amended, requires that institutions of higher education establishand apply standards of academic progress that all students must meet in order to qualify and remaineligible to receive financial aid Title IV programs of the Federal Department of Education. Therefore, inorder to maintain a satisfactory academic progress that makes them eligible to receive financial aid,students must maintain a specific (cumulative) grade point average and a good standard in the approval ofthe courses required for the completion of the program throughout the academic program and within aspecified timeframe. For programs of less than two years, the academic progress will be assessed at theend of each academic period in which a financial aid payment is made and for the rest of the programs(associate degrees), at least once during each academic year.ApplicabilityThis policy applies to all students enrolled in Instituto de Banca y Comercio, whether full-time or parttime,who receive or do not receive federal financial aid or any other type of aid.SAP Assessment Periods:Diploma Programs – in diploma programs (36, 38.5 credits and 54 credits), the academic progress isdetermined at the end of the second term, every two academic 8-week session, (every 16 weeks).** For the Advanced Hairstyling and Design program, the academic progress is determined aftercompleting three (3) 8-week academic terms.Associate degree programs – academic progress is determined at the end of each of the program’sacademic years. However, for students with a non-satisfactory progress or probationary period, theirstatus of improvement or no improvement will be evaluated at the end of the next academic term (not atthe end of the year).Minimum Required Percent of Completed CreditsFor each specific Evaluation Point, every student is required to complete a minimum of 66%, 75%, 83%or 100% of the intended credits to date or at the payment period, according to each particular case. * Seetables.Repeated courses are counted as intended every time they are taken. Transferred or validated credits areconsidered as intended and completed for the purposes of the calculation of the satisfactory academicprogress.For example: The calculation of the academic progress within an Evaluation Point requiring a 66%approval of the intended credits, for a student who intended 18 credit- hours, must be 12 credit-hours.A student who intended 9 credit-hours must have completed 7 credit-hours (rounded to the closest wholenumber).- 53 -