Federal, state, and university financial aid programs were developed to help qualified students achieve a college degree. To insure that these funds are used as efficiently as possible, policies have been established that require a financial aid recipient to progress toward a degree within a reasonable period of time. A student's progress is monitored for all periods of enrollment regardless of whether or not he or she is receiving financial aid for that same period. Some university aid programs require higher standards for renewal. Satisfactory academic progress is measured by credit hours earned and cumulative grade point average as explained below. A student's progress is monitored for all periods of enrollment regardless of whether or not he/she is receiving financial aid for that same period. Some university aid programs require higher standards for renewal.
Credit Hours Earned
Each student's financial aid award is calculated on the basis of enrollment as follows:
|
Full-time |
12 or more credits per semester |
|
Three-quarter-time |
9 to 11.5 credits per semester |
|
Half-time |
6 to 8.5 credits per semester |
|
Less then half-time enrollment |
5 credits or less credits per semester |
The student's award and enrollment status are finalized at the end of the 100 percent refund period each semester. To continue to be eligible for financial assistance, a student must complete a minimum number of credit hours each semester based on his or her enrollment status. Summer sessions are considered to be the equivalent of one semester.
Undergraduate students enrolled...
Undergraduate Students who are enrolled for less than an academic year will be required to complete...
Graduate students enrolled...
Hours of incomplete, failing, audit, unsatisfactory, and withdrawal do not constitute successful course completion and do not count toward the course completion requirement. Successful completion of repeat courses and non-credit remedial courses will be counted toward the earned hours requirements. Grades of passing, satisfactory, deferred, and credits earned for lecture/performance series constitute successful completion. If applicable toward a degree at the University of Indianapolis, transfer hours earned during the current term or academic year from from another university may be considered toward the course completion requirement but may not be considered in computing the cumulative grade point average.
Grade Point Average
In order to maintain eligibility for federal and state financial assistance, undergraduate students must achieve a cumulative GPA as outlined below.
|
Total Hours |
Minimum Cumulative Grade Point Average |
|
0–24 |
1.7 |
|
25–36 |
1.8 |
|
37–58 |
1.9 |
|
59 or more |
2.0 |
"Total hours" used in determining financial aid eligibility include: quality hours (hours earned in classes with letter grades), transfer hours, and hours earned by examination.
Students receiving the award(s) below are required to maintain a cumulative GPA as detailed below:
|
Academic Recognition Award |
2.7 GPA |
|
Alumni Award |
2.7 GPA |
|
Dean's Scholarship |
3.0 GPA |
|
Endowed Scholarships |
2.7 GPA |
|
Horizon Grant |
2.0 GPA |
|
Legacy Award |
2.0 GPA |
|
Presidential Award |
3.3 GPA |
|
Service Award |
2.0 GPA |
|
State Alliance Grant |
2.0 GPA |
|
United Methodist Award |
2.0 GPA |
|
U of I Grant |
2.0 GPA |
|
UIndy Scholarship |
2.7 GPA |
Graduate Students must maintain a minimum grade point of 3.0
Maximum Time Frame For Degree Completion
Regulations also govern the maximum length of time a student may receive financial aid. Full-time students working toward a baccalaureate degree must complete all course requirements within a maximum of six years. Some programs, like the state grant programs, may restrict the student's eligibility for aid to less than a six-year time frame. Three-quarter-time students must achieve a degree with a maximum of nine years, and half-time students must achieve a degree within a maximum of 12 years.
Full-time students working toward an associate degree must complete all course requirements within a maximum of three years. Three-quarter-time students must achieve a degree within a maximum time frame for half-time students is six years.
Graduate students enrolled full-time must complete all course requirements with a maximum of three years (exclusive of undergraduate work), and the maximum time frame for part-time graduate students is six years.
The applicable time frame for transfer students will be reduced one semester for each 10 credit hours of transfer credit.
Schedule for Monitoring Progress
Course Completion:
Each financial aid recipient's progress relative to credit hours earned will be monitored once per academic year at the end of Semester II or the Spring Term if applicable. Requirements for satisfactory progress are applied to each regular semester of attendance as well as to summer school from the previous year.
Grade Point Average:
Federal regulations mandate that each student's cumulative grade point average be monitored at the end of the first four semesters (including summer) of attendance. As a service to students, the Financial Aid Office reviews each student's cumulative grade point average at the end of three semesters of attendance and warns those students who are below the grade point average requirement at that time.
Example. An undergraduate students enrolls in 12 hours each semester. This student must have successfully completed a total of 20 hours for the year. If the student completed less than 20 hours, s/he would be placed on financial aid probation for the summer (if enrolled); or, if not enrolled for summer school, the student would remain on probation for the following Semester I.
Example. An undergraduate student enrolls in 9 credit hours in summer school, 12 credit hours during the first semester, and 12 credit hours during the second semester. This student must have successfully completed 27.5 hours–7.5 credit for summer school as a three-quarter-time student and 10 credit hours for each of the regular semesters as a full-time student. In addition, this student must have a cumulative grade point average of 1.8, based on 33 quality hours and the academic probation scale.
Probationary Period and Denial of Financial Aid
Students who do not meet the minimum standards for satisfactory progress will be notified in writing and will be placed on financial aid probation for the subsequent semester or summer term(s). Students will be eligible to receive financial aid during this probationary period. The student's progress will be reviewed again at the end of the probationary semester or summer term(s). If the student fails to meet the course completion and cumulative grade point average requirements at the conclusion of his/her probationary semester or summer term(s), the student will be denied financial assistance (including student and parent loans) for subsequent enrollment periods.
Reinstatement
If a student is denied aid due to lack of progress, courses must be taken at the student's expense until the cumulative grade point average meets the requirement and/or the student has earned sufficient credit hours to make up for ALL prior course completion deficiencies. The deficiency may also be made up by credits earned from another regionally accredited college or university, or tests such as CLEP and DANTES, as long as the credits are acceptable by the University of Indianapolis and earned after the denial of aid occurred (refer to the U of I catalog under Academic Information & Policies)
Example: A full-time undergraduate student earns 19 of the required 20 credit hours during the academic year and is placed on probation for the first semester of the following year. During the probationary semester, the student enrolls in 12 hours, drops a course during the semester and therefore earns only 9 of the required 10 hours. This student would then be denied financial aid for subsequent enrollment periods until he earned a total of two hours at his own expense (1 hour deficiency from the first year and 1 hour deficiency from the probationary semester).
Appeals
If the student has experienced unusual circumstances that have negatively affected his or her academic progress, a written appeal may be submitted once the student receives notification of denial. The appeals process is reserved for situations largely outside the student's control, such as family catastrophe or illness. If a student chooses to appeal the denial of financial aid, the student should contact the Financial Aid Office for the Appeal for Reinstatement forms. These forms gather information about the student's unusual circumstances and how the situation has been resolved. The student will also be required to provide supporting documentation from doctor's, ministers, counselors, etc., as well as a letter of reference from a University faculty member. All of this information and the procedures for the appeal are included with the appeals forms. Appeals should be submitted to the Financial Aid Office. It is the student's responsibility to ensure that the appeals form, supporting documentation, and letters are received by the required deadline.
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