Students wishing to apply for and receive Title IV assistance must meet specific academic progress requirements in order to maintain Title IV financial aid eligibility. Satisfactory academic progress requires that a student must earn at least 67% of the total credit hours attempted and a minimum cumulative grade point average as indicated:
|
Hours Attempted |
Cumulative GPA |
|
1-27 |
1.50 |
|
28 – 57 |
1.75 |
|
58+ |
2.00 |
Financial Aid Warning/Suspension
If a student fails to meet the minimum requirements as stated, the student will be placed on financial aid warning for the next succeeding academic term of enrollment. If at the end of the warning term of enrollment, the student does not meet the minimum requirements, the student will be placed on financial aid suspension and will not be eligible for financial aid reinstatement until the minimum cumulative requirements of the policy are attained.
For a student to be eligible for Title IV Aid at Missouri Valley College, the student must have academic standing at the point in the program that is consistent with Missouri Valley College requirements for graduation. Before each academic term, the student's academic record will be checked for satisfactory academic progress. In general, satisfactory progress requires that for each term of enrollment a student must complete 66.67% of their attempted classes within the academic term for which they are enrolled in. The Student must also maintain a cumulative GPA as list in the chart below.
|
Hours Attempted |
Cumulative GPA |
|
1-27 |
1.50 |
|
28 – 57 |
1.75 |
|
58+ |
2.00 |
Failure to maintain minimum academic progress will result in being ineligible to receive Title IV financial assistance, following a financial aid warning period. If a student fails to complete their program within 150% of the published program length the student will be placed on financial aid suspension.
Appeal And Reinstatement
A student has the right to appeal if the student feels that he/she has complied with the requirements of the satisfactory academic progress policy, or that there are factors such as undue hardship because of the death of a relative, the student's injury or illness or similar special circumstances that could affect the decision, or that the decision was not correctly made. If the student's appeal is granted, the student will be placed on financial aid probation and will have the next succeeding term of enrollment to meet the minimum requirements stated above.
In order to appeal a decision, the student must submit a written application to the Financial Aid office that includes any evidence which would substantiate the appeal. The appeal must also include a letter of support from someone other than a family member, preferably a professor or academic advisor.
The case will be evaluated by an appeals committee.