Satisfactory Progress Policy for Financial Aid
All Master's Degree Programs
After completion of one semester, a student must have attained a grade
point average of 3.00 and must have successfully completed 80% of the
academic hours attempted. If a student is below either the grade point
average or completion percentage, then he/she will be placed on
financial aid warning. The student will remain on warning until the end
of the second semester at which time a review of his/her cumulative
GPA and completion rate will take place. If he/she has not attained a
grade point average of 3.00 and successfully completed 80% of the
academic hours attempted, then he/she will be suspended from receiving
any federal financial aid assistance.
- Attempted hours will include all
hours appearing on the student's
record in Regent as attempted at the graduate level, including
transfer credits. This includes all letter grades, W's, I's, NC's and
any other course for which the student was charged and began
attendance, regardless of whether the student received any financial
aid for such courses.
- Any student placed on Warning will have one term of continued
Federal Financial Aid in which to achieve the academic criteria
appropriate for the hours attempted at the end of the term of
warning. Failure to do so subjects such a student to Financial Aid
- The University reserves the right to immediately place on Financial Aid Suspension any student who has shown little or no effort in
completing coursework or otherwise making academic progress.
- Students suspended from receiving Financial Aid may have their aid restored for future terms if they are found to be meeting SAP
requirements after any term that follows their suspension.
- Students may appeal their suspension status by completing the
Financial Aid Suspension Appeal form and sending it, along with
appropriate documentation, to the Director of Financial Aid.
- If a suspension appeal is granted, the student may be placed on
Financial Aid Probation for one term. During that term the student
will receive all of the financial aid for which they are eligible. At the
option of the University, the student whose suspension appeal is
granted may be placed on an academic plan of one or more
semesters. Such a plan would include specific targets for GPA and
Pace that must be met at the conclusion of each semester in order to
- No student will be allowed to receive Federal Financial Aid for more
than 150% of the hours required by their degree program.
Approved by Faulkner University Cabinet