POLICY BEGINNING JULY 1, 2011
The Higher Education Act of 1965, as amended, requires students to maintain satisfactory academic progress toward their degree in order to receive financial aid. At Drake University, these standards apply to students who are receiving or applying for financial aid from one or more of the various federal, state, or institutional grant, scholarship, work, or loan programs.
The Drake University Satisfactory Academic Progress Standards for Financial Aid apply to all students seeking to establish or maintain financial aid eligibility. These standards apply to a student's entire degree program including terms in which financial aid was not applied for or disbursed.
These standards contain both a quantitative (cumulative credit hours earned divided by cumulative credit hours attempted) component and a qualitative (cumulative GPA) component. These are the minimum standards required in order to maintain financial aid eligibility. Specific aid programs, college, or department standards may require MORE THAN these minimum standards for good academic standing and continued approval for enrollment.
The academic progress of financial aid recipients will be monitored a minimum of once each academic year. Students should contact the Office of Student Financial Planning with questions regarding the intent and interpretation of these standards.
DURATION OF ELIGIBILITY
Students must earn two-thirds (67% rounded) of their attempted credit hours (on a cumulative basis) in order to continue to receive financial aid. Students who do not achieve this quantitative measure of progress toward earning a degree or certificate have the option of appealing for the restoration of financial aid eligibility for a probationary period. Student appeals should include a discussion of the factors which contributed to the lack of progress and the measures planned by the student (including an academic plan) to assist in a return to satisfactory academic progress compliance. Probationary periods will be determined on a per student basis.
General financial aid eligibility will terminate when the credit hours required for a specific degree/program are earned or the student has attempted greater than 150% of the credit hours required for a specific degree/program.
GRADE POINT AVERAGE (GPA) REQUIREMENTS
Students must have a 2.00 (University) cumulative GPA in their degree or certificate program to continue receiving financial aid. Students who do not meet this qualitative measure of progress toward earning a degree or certificate have the option of appealing for the restoration of financial aid eligibility for a probationary period. Appeals should include a discussion of the factors which contributed to the below 2.00 cumulative GPA and the measures planned by the student (including an academic plan) to assist in a return to satisfactory academic progress compliance. Probationary periods will be determined on a per student basis.
Upon admission, transfer students are assumed to be maintaining satisfactory academic progress. After admission to the university, courses successfully completed in subsequent terms at another institution that fulfill degree requirements at Drake University may be used to achieve satisfactory academic progress compliance. Students must provide documentation to the Office of Student Financial Planning regarding such credit. Contact the Assistant Director, Continuing Student Programs at the Office of Student Financial Planning to discuss acceptable reporting mechanisms.
CREDIT BY EXAMINATION
Credits earned by examination may be used to satisfy cumulative credit requirements.
NON-CREDIT COURSE WORK
Incompletes, repeats in which a passing grade was previously earned, non-credit course work, audits and withdrawals, will not be counted in the minimum credit requirement.
The routine evaluation of Satisfactory Academic Progress according to these standards occurs on an annual basis following the close of the spring term. Evaluations for students granted a probationary period is based upon the requirements outlined when granting the appeal.
APPEAL PROCESS and SATISFACTORY ACADEMIC PROGRESS QUESTIONS
The Financial Aid Committee will evaluate student appeals for restoration of aid for a probationary period. For questions regarding this policy or the appeal process, contact:
Kristi Fuller, Assistant Director for Continuing Student Programs
Office of Student Financial Planning
2507 University Ave.
Des Moines, IA 50311-4505
Phone: 515-271-2779 or 1-800-44-DRAKE, ext. 2779