Statement of Purpose
Federal regulations require Midway University to establish satisfactory academic progress standards for student financial aid recipients. These standards measure a student’s performance in the following three areas: completion rate (PACE), cumulative grade point average (GPA), and maximum time frame. The Financial Aid Office is responsible for ensuring that all students who receive financial aid are meeting these standards. The standards of SAP apply for all financial assistance programs including Federal Pell Grant, Federal Work Study, Federal Supplemental Education Opportunity Grant, Federal Direct Loans, (Subsidized, Unsubsidized, and PLUS), as well as assistance from the state and the institution.
Enrollment in Degree Program
Financial aid recipients must only take courses that are required for the degree program. Courses which do not apply toward the degree, are audited, or which are earned through CLEP testing do not count toward a student’s enrollment status for financial aid.
Completion Rate (PACE)
A student’s academic pace will be measured by comparing the cumulative number of attempted credit hours with the cumulative credit hours earned (i.e., received a grade of P, A, B, C, D, or S). This includes any courses for which the student has remained enrolled past the Add/Drop period. A student must earn 67% of the cumulative credits attempted to maintain SAP.
Example: 70 cumulative hours x .67 = 46.9 so 47 earned hours are required to meet PACE [1]
The following are considered when evaluating a student’s completion rate:
- Withdrawals, incompletes, and failures are considered attempted but not earned.
- Passing grades received for pass/fail courses are considered attempted and earned credits; failing grades in pass/fail courses are considered attempted but not earned.
- Repeated courses are included in the calculation of both attempted and earned. A student may only receive aid for repeating a previously passed course one time.
- Audited courses are not considered credits attempted or earned.
- Transfer credits, including those received during consortium study, do not count in the calculation of the GPA, but they are included in the calculation of both attempted and earned hours and will be counted as attempted hours even if Midway University does not accept the grade for credit.
| Completion Rate | |||
|---|---|---|---|
|
Course Type |
Counts Toward Attempted |
Counts Toward Earned |
Counts Toward GPA |
|
Withdraws or incompletes |
Yes |
No |
No |
|
Failures |
Yes |
No |
Yes |
|
Passing grades received for pass/fail courses |
Yes |
Yes |
No |
|
Failing grades received for pass/fail courses |
Yes |
No |
No |
|
Repeated courses |
Yes |
Yes |
Only the grade received in the most recent attempt |
|
Audited Courses |
No |
No |
No |
|
Transfer credits, including those received during consortium study |
Yes |
Yes |
No |
Cumulative GPA
To retain financial aid eligibility, the student must maintain a cumulative GPA of
- 2.0 for undergraduate students
- 3.0 for graduate students
Maximum Time Frame
A student will not be eligible to receive financial aid once they have attempted more than 150 percent of the normal credits required for the degree program. At Midway University, this means that students in programs requiring 120 hours for graduation will be eligible for financial aid during the first attempted 180 hours as an undergraduate. All attempted hours are counted, including transfer hours accepted toward the degree program, whether financial aid was received or not, or the course work was successfully completed.
Note: The maximum time frame requirement may be adjusted for students pursuing a second degree. Generally, students will be allowed to attempt up to 150 percent of the additional credit hours required to earn the second degree.
SAP Reviews
Academic progress will be reviewed at the end of the spring semester each year. Students not meeting the completion rate, Max Time Frame, and cumulative GPA requirements stated above will no longer be eligible for financial aid. Students will be notified of the suspension in writing if they fail to meet SAP standards.
Financial Aid Suspension
If the student does not meet the standards for completion rate, Max Time Frame, and cumulative GPA, they are no longer eligible for financial aid from federal, state, and institutional sources until such standards are met, or until eligibility has been reestablished through a successful appeal.
Academic Fresh Start
Granting of Academic Fresh Start does not extend to Financial Aid. Courses that may be included in the Academic Fresh start approval are required by federal policy to still be included in the calculation of SAP. Students who are granted Academic Fresh Start who were previously held for SAP will need to contact the Financial Aid Office and will be responsible for submitting the required SAP appeal.
Appeal Procedures and Reinstatement
To appeal a financial aid suspension a student must submit the appeal by the midpoint of the term you wish to receive aid. If submitted after the midpoint aid will not be retroactively awarded for that term. A student may appeal due to extraordinary circumstances. Extraordinary circumstances may include, but are not limited to: personal or family illness, tragedy, or other circumstances the student feels have bearing on the situation. Documentation verifying the situation must be provided. The letter of appeal must also incorporate a plan for success that includes how the student’s situation has changed and that details specific actions that will allow the student to demonstrate academic progress at the next evaluation. The Financial Aid Office will review all appeals and may refer cases to the SAP Appeals Committee when appropriate. The student will be notified in writing of the outcome of the appeal.
An appeal may be approved, denied, or approved with conditions set forth in an Academic Plan. Students who are granted an appeal may be placed on financial aid probation for one term. At the conclusion of the next term of enrollment (including the summer term if applicable) the student’s academic progress will be reviewed. At that time, students who do not meet SAP, or the conditions agreed upon in the Academic Plan, will no longer be eligible for financial aid.
The Financial Aid SAP Policy does not preclude a student from enrolling in subsequent semesters. Students may have their financial aid reinstated by the Financial Aid Office once all SAP standards are met.
SAP Appeals Committee
The SAP Appeals Committee will be the Academic Review Council (ARC). ARC consists of individuals from appropriate departments across campus, and the group has agreed to serve as the SAP Appeals Committee in cases referred by the Director of Financial Aid.