FINANCIAL INFORMATION
SATISFACTORY ACADEMIC PROGRESS
Students who receive financial assistance from any federal program
authorized by Title IV of the Higher Education Act of 1965 must
meet minimum standards of academic progress. These programs include:
· Federal Pell Grants
· Federal Supplemental Educational Opportunity Grants
· Federal Work-Study
· Federal Perkins Loan
· Federal Stafford Loans
· Federal PLUS (Parent) Loans
Certain state, institutional, and private assistance programs
will also require that students maintain these standards of satisfactory
academic progress.
STANDARDS OF SATISFACTORY ACADEMIC PROGRESS
Pursuant to the Act and regulations issued by the United States
Department of Education, Francis Marion University has determined
that students are considered to be making Satisfactory Academic
Progress if they meet the following minimum standards:
1. Receive admission to and are enrolled in an eligible program
of study.
2. Meet University standards for continuing enrollment as published
in this catalog including continuance based on appeal.
3. Earn a minimum of 75 percent of all credit hours attempted
(includes withdrawals and carry overs) at Francis Marion University.
This includes all academic terms (fall, spring, and summer).
4. Complete their degrees within attempting 180 hours for an undergraduate
degree, 54 hours for a graduate degree in education or business,
and 86 hours for a graduate degree in psychology. Attempted hours
include all transfer, advanced placement, and College Level Examination
Program credits.
TERMINATION OF FINANCIAL ASSISTANCE ELIGIBILITY
The satisfactory academic progress of all students receiving financial
assistance is checked at the end of the fall and spring semesters.
At the end of the fall semester, students not making satisfactory
academic progress are notified and encouraged to use the spring
semester to demonstrate academic progress. Financial assistance
eligibility is not terminated at the end of a fall semester with
the following two exceptions:
1. Students for whom fall semester brings their attempted hours
up to the maximum level (180 for undergraduate students, 54 for
education and business graduate students, 86 for psychology graduate
students).
2. Students who were approved by appeal through fall semester
only.
At the end of the spring semester, students who received financial
assistance during the spring semester are evaluated. Those who
do not meet the minimum satisfactory academic progress standards
will be notified that their financial assistance is terminated.
REINSTATEMENT OF FINANCIAL ASSISTANCE ELIGIBILITY
Eligibility for financial assistance may be reinstated in one
of two ways:
1. Improving the percentage of hours completed to 75 percent by
enrolling in and completing courses with personal funds.
2. The approval of an appeal submitted by the student to the Office
of Financial Assistance for presentation to the Financial Assistance
Committee. The appeal should include explanation and documentation
of any unusual circumstances that prevented the student from performing
his or her best academically. Appeal guidelines are available
from the Office of Financial Assistance.
A student who has been academically dismissed from the University
must appeal separately to the Admissions Office for reinstatement
to the University.
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