All students receiving any type of financial aid at Grayson
College must meet the standards of progress outlined below. The
requirements for these standards are set by Federal regulations
(34CFR 668.34). Satisfactory progress requirements are:
- You must maintain at least a 2.0 cumulative grade point average
(GPA), or;
- If your cumulative GPA is less than 2.0 you must be in
compliance with your official academic plan to maintain probation
status to continue receiving aid, and;
- You must successfully complete at least 67% of all Grayson
College courses you attempt and;
- You may attempt no more than 150% of the total credit hours in
your degree or certificate program.
At Grayson College, for financial aid purposes, being enrolled
in a course for credit beyond the official Drop/Refund Deadline
counts as an attempt. All courses taken at Grayson College,
including those taken as part of another program of study, will be
included in determining your Satisfactory Academic Progress (SAP).
For financial aid purposes, successful completion of a course means
an earned grade of A, B, C, or D. However, a grade of "D" is
"Passing below average". All other grades (grades of F, I,
& W) are considered unsuccessful completions and will impact
your progress determination. The formula for calculating the
completion rate is: total hours earned divided by total hours
attempted. The resulting percentage must be 67% or greater.
Satisfactory Academic Progress (SAP) will be evaluated at the end
of each academic year. If you do not meet the standards of
Satisfactory Academic Progress (SAP) due to your GPA or completion
ratio, you will be placed on Financial Aid Suspension and will not
be eligible for further financial aid at Grayson College. If you
have attempted 150% of the hours needed for your Grayson College
degree/certificate program (for most degree students this is 90
credit hours), you will no longer be eligible for financial
aid.
You have the right to appeal a Financial Aid Suspension if you
have special circumstances that affected your ability to meet the
satisfactory progress requirements. Appeal forms are available in
the Office of Financial Aid or can be downloaded from the website.
Documentation of your special circumstances will be required.
Appeal forms must be submitted to the Office of Financial Aid by
the Appeal Deadline printed on the form. If you are placed on
Financial Aid Suspension and you do not have special circumstances
or your appeal is denied, you may regain your eligibility for
financial aid by bringing your Cumulative GPA up to a 2.0 or better
and your Cumulative Completion Rate to at least 67% while taking no
more than 150% of the credit hours needed for your degree. You will
need to pay for the courses you take while under Suspension.