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2009–2010 Catalog - Lourdes College

2009–2010 Catalog - Lourdes College

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Student Finances47Satisfactory Academic ProgressRecipients of federal student aid are expected to meet the <strong>Lourdes</strong> <strong>College</strong>Satisfactory Academic Progress Criteria. Failure to do so may result in denial offederal financial aid funds. The policy requires that aid recipients satisfactorilycomplete a percentage of courses attempted, complete a degree program in areasonable amount of time, and achieve and maintain a cumulative grade pointaverage of 2.0 or higher (for Undergraduate students) by their fourth standardsemester of attendance.A formal review of each recipient’s academic transcript for the entire time theindividual has been enrolled at <strong>Lourdes</strong> <strong>College</strong> is conducted at least once per year.Programs Governed by this PolicyThe Federal Pell Grant, Federal Supplemental Educational Opportunity Grant,Federal Perkins Loan, Federal Stafford Student Loans (includes Federal PLUSloans), and Federal Work-Study Program are governed by the Satisfactory AcademicProgress Policy.Minimum Cumulative Credit Hour CompletionFinancial aid recipients must satisfactorily complete a minimum percentage ofcredit hours attempted (details are available in the Financial Aid Office). Coursesare not satisfactorily completed if a grade of F, FA, I, U, UA, AU, or W is assigned.Every semester for which a student registers is evaluated, including those in whichthe student did not receive federal financial aid.Reinstatement of Financial Aid EligibilityStudents who do not maintain satisfactory academic progress shall lose theireligibility for financial aid and may only regain eligibility by eliminating allsatisfactory progress deficiencies at their own expense or by appealing theirsatisfactory academic progress status.<strong>Lourdes</strong> <strong>College</strong> Academic <strong>Catalog</strong> 2009-10

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