Keeping Your Aid

Keeping Your AidFinancial Aid

 

Federal and state regulations require that all financial aid recipients meet specific academic standards called Satisfactory Academic Progress (SAP). In order to maintain eligibility for federal and state financial aid, students must meet SAP and register for courses in their degree plan. For additional information, see below.

 

  • Complete a minimum of 67% of all attempted hours for which you have registered (this includes withdrawal hours)
  • Maintain a cumulative (overall) GPA of 2.0
  • Complete degree requirements within a certain time frame. Credit hours cannot exceed 150 percent of the minimum number of hours required to complete the current program of study. For example, if you are taking classes for an Associate’s Degree, which requires 60 credit hours for completion, your attempted hours cannot exceed 90.

SAP Policy (pdf)

  • Make sure that the major listed in your MC Portal is correct.
  • Work with your assigned Pathways Advisor to select your courses each semester (avoid trying to register without advising).
  • If you are signing up for courses on My MC Portal, watch for the warning that the course is not on your degree plan.
  • Before dropping a class or making a schedule change, check with the financial aid office to determine if the drop/change will affect your aid.

If you’re receiving financial aid grants or loans, you must attend your classes. Don’t drop or stop attending any class without consulting the Financial Aid Office to find out how it will affect your aid. Changes in your enrollment level and failing grades may require you to repay federal financial aid funds.

Federal regulations require you to repay a portion of financial aid funds if you withdraw from all classes before satisfying the 60 percent completion rule for the enrollment term.

You may also be required to repay financial aid funds if you receive failing grades in all of your classes, unless an instructor can document that you attended class for at least 60 percent of the enrollment period.

Return to Title IV Policy (pdf)

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