2012 08 07 Undergraduate Catalog Cover - Lake Erie College

FINANCIAL AIDfull amount of applicable tuition and fees. A student receivingTitle IV financial aid who does not officially complete thewithdrawal procedure will be required to return 50% of the TitleIV funds.Refunds for withdrawals after the official dates will not be madein cases of inability to attend classes due to changes in businessor personal affairs. If extraordinary circumstances require astudent to withdraw from classes after the refund period, thestudent will need to file a Petition for Late Action. Forms areavailable in the Registrar’s Office.Refunds due to overpayment of tuition and fees will beprocessed in accordance with Title IV guidelines.Satisfactory Academic Progress Policy (SAP)Federal regulations require that schools monitor academicprogress of each applicant for federal financial assistance andthat the school certify the applicant is making satisfactoryacademic progress (SAP) toward earning his or her degree. To beeligible to receive financial aid from federal, state andinstitutional sources at Lake Erie College, students must makesatisfactory academic progress in their degree or certificateprograms. The measure of SAP is threefold: GPA, maximumtimeframe and completion rate. Students who fail to meet theSAP requirements become ineligible to receive financial aid untilcompliance with these requirements are met.The Financial Aid Office evaluates SAP after the completion ofeach semester or term. All terms of enrollment, includingsummer, must be considered in the determination of SAPincluding periods in which the student did not receive federalstudent aid funds.Students academically dismissed from their academic programwill be recognized as failing to meet SAP standards.The policy and terms described in this SAP policy is for financialaid purposes only and is separate from academic probationpolicies for academic standing with the college.SAP TermsGrade Point Average: (Qualitative Standard)An undergraduate student must maintain a minimum cumulativeGPA of 2.0.Maximum Timeframe: (Quantitative Standard)An undergraduate student cannot exceed 150% of the publishedlength of time of the program measured in credit hoursattempted. Most undergraduate programs require 128 credithours for graduation. The maximum time frame for thesestudents is 192 hours (128 x 1.5). Students are normally expectedto complete an undergraduate degree by the end of 4 years offull time enrollment. To make this progress, a student wouldneed to take 16 credit hours each semester.The possibility exists for a student to receive financial aid up tothe maximum time frame of 192 credit hours. However, if it isdetermined at any point that the student will not be able tocomplete the program within 192 credits, financial aid eligibilitystops. The maximum time frame is not increased for dual-degreestudents or students with minors. Transfer credit hours acceptedfor the student’s academic program or degree are counted whenmeasuring the maximum time frame to complete the degree orprogram and in hours attempted and earned.Completion Rate: Pace of Progression (Quantitative Standard)To ensure a student is making progress in progression towardtheir degree, a student must earn 67% of hours attempted. Thisis calculated by dividing cumulative hours earned by cumulativehours attempted.Attempted Credit Hours:Courses with grades and with marks of “W” withdrawn, “WF”withdrawal failure, “WP” withdrawal passing, “I” incomplete or“F” failure are counted as courses attempted. Course repetitionsand remedial coursework count as credit hours attempted andcount toward the maximum time frame.Earned Credit Hours:Credit hours recorded as earned on the student’s academictranscript at the end of each semester for which a studentreceived a passing grade. An incomplete course or work inprogress is not counted as earned credit hours.Credits excluded from the credit completion calculation includeaudit credits, CLEP, prior learning credits.Example: Joe Freshman was enrolled for 18 hours fall semester.He withdrew from a 4 credit hour course, receiving a “W” andfailed another 4 credit hour course. At the end of the semester,his transcript showed he earned 10 credit hours. He has a 2.52cumulative GPA. His percentage of credit hours earned based onhis attempted is 55.5% (10/18). He did not make SAP for the fallsemester based upon his earned hours. He must have had atleast 67% earned hours from those attempted.Page | 9Lake Erie College | 2012 - 2013 Undergraduate Catalog | Student Handbook | Student Athlete Handbook