Financial Aid

Satisfactory Academic Progress Policy

Federal law says that you must be making “Satisfactory Academic Progress” (SAP) toward a degree for you to be eligible for and to receive federal financial aid funds. These standards apply to all periods of attendance, even periods when you did not receive financial aid.

  1. All students must maintain a minimum 2.0 grade point average. We only look at your LCSC grade point average for this standard.
  2. Students must earn passing grades in at least 67% of credits listed on the transcript, including transfer credits. Incompletes, repeated credits, audits, and grades of F, NC, and K do not count as passing grades, but are included in the completion rate calculation. Withdrawals resulting in a grade of W will also be included in the completion rate calculation.
  3. All students must complete their degrees within the maximum credits allowed (150% of the published normal length of the academic program*). Attempted credits include all graded courses, transferred courses, testing credits, pass/fails, repeats, and other grades listed above. If you have extenuating circumstances (such as an injury, illness, or death of an immediate family member), you may appeal to the Financial Aid Office for an extension to finish your degree. Please visit with the Financial Aid Office to pick up the appropriate appeal form. You may not appeal for an extension until you have been suspended from financial aid. 

Maximum Degree Credit Limits Based on Catalog Year

2010-2011 Catalog 2011-2012 Catalog
2012-2013 Catalog 2013-2014 Catalog
2014-2015 Catalog  

*Post Baccalaureate Degree students are only eligible for the equivalent of 4 full-time semesters towards a second Bachelors and are not eligible for federal financial aid towards Certificate or Associates Degree programs. 

Dropping Classes: Attempted credits do not include classes you drop before the tenth day of each semester. If you need to drop some of your classes before the 10th day,they will not count against your academic progress. However, you may be required to repay some or all of your financial aid. Dropping or withdrawing from classes after the 10th day will affect your academic progress, and you will receive a W grade on your transcript.

All Failing Grades: Students who receive all failing grades for a semester will be automatically suspended from further federal financial aid. Students in this situation may appeal if extenuating circumstances exist. Additionally, if you receive all failing grades you may be required to return a percentage of your federal financial aid.

Complete Withdrawal: Withdrawing from all of your classes after the 10th day will affect your academic progress, and you will receive W grades on your transcript. Students who withdraw from all classes will be immediately suspended from further federal financial aid. Additionally, if you completely withdraw from LCSC during the course of a semester, you may be required to return a percentage of your federal financial aid.

Incompletes: Incomplete courses will be counted in attempted credits and as non-satisfactory when determining SAP. It is the student’s responsibility to notify the Financial Aid Office when an incomplete is finished. Refer to the catalog for academic treatment of incomplete courses and grading.

Repeats: Repeat courses will be counted in attempted and completed credits. Financial aid will be paid for repeat courses when initial grade is an “F.” Financial aid will only be paid twice for a repeat course if the course has been passed with a "D-" or higher at any time.

Remedial Courses: Remedial coursework will be counted in determining financial aid eligibility, enrollment status, and satisfactory academic progress. These courses will initially be included in maximum timeframe calculations. Exclusions may be considered in some cases. Remedial courses do not count towards the total number of credits needed for graduation. Students will be limited to no more than thirty (30) remedial credits for financial aid eligibility.

Timetable for Review: Your academic record will be reviewed when your annual FAFSA form is received and at the end of each semester to determine whether you are in compliance with the SAP policy.

Financial Aid Warning: The first time you do not meet the completion rate (67%) or your cumulative GPA drops below the required minimum (2.0 grade point average), you will be placed on Financial Aid Warning if you mathematically can be in compliance in the next semester. If you are placed on Financial Aid Warning at the end of a semester, you will still be eligible for financial aid for the following semester.  Financial Aid Warning is not the same as Academic Warning as referred to in the Admission/Registrar Section of the catalog.

Financial Aid Suspension: Your academic record will be reviewed when your annual FAFSA form is received and at the end of each semester to determine whether you are in compliance with the SAP policy. If you are not meeting all SAP requirements at the time of your financial aid review, or if you did not pass at least one class during the last semester you received federal financial aid, you will be suspended and ineligible to receive further financial aid. Financial Aid Suspension is not the same as Academic Suspension as referred to in the Admission/Registrar Section of the catalog.

Appeals: In the case of extenuating circumstances (such as injury, illness, or death of an immediate family member), you may appeal your suspension to the Financial Aid Office. The appeal forms must be signed by you and your advisor and submitted with documentation detailing the circumstances that prevented you from making satisfactory academic progress, how the issues have been resolved, and how the issues will not affect future performance. Appeal forms may be picked up from the Financial Aid Office, or obtained online at www.lcsc.edu/financialaid/financial-aid-forms If your appeal is approved, you will be placed on Financial Aid Probation or an Academic Plan. Academic Plans specify the conditions you must meet in order to continue receiving federal financial aid.

Financial Aid Probation: If you are placed on Financial Aid Probation after a successful appeal, you will have one semester to regain Satisfactory Academic Progress. If at the end of one semester you are not in good standing, you will not be eligible for further financial aid until you are able to regain eligibility as stated below.  Financial Aid Probation is not the same as Academic Probation as referred to in the Admission/Registrar Section of the catalog.

Academic Plans: If you are placed on an Academic Plan after a successful appeal, you will have the number of semesters specified on the approved plan to regain Satisfactory Academic Progress. Each semester you will need to pass ALL the listed courses with a 2.0 gpa or higher. If at any time you do not meet the terms of the plan or if at the end of the plan you are not in good standing, you will not be eligible for further financial aid until you are able to regain eligibility as stated below.

Regain Financial Aid Eligibility: You can request reinstatement of your eligibility for financial aid if you attend using other resources than Title IV funds and improve your academic record so that you meet all SAP requirements (67% completion rate, 2.0 GPA and within maximum credits). You will need to submit a letter to the Financial Aid Office requesting a review of your financial aid eligibility.

For more information or if you have questions, please contact the Financial Aid Office.

 

 


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