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24

Lake Region State College

Satisfactory Academic Progress -

In order to receive federal financial aid,

students must meet certain academic

requirements called Standards of

Satisfactory Academic Progress (SAP). LRSC

is required by federal and state regulations

to determine whether a student is meeting

SAP requirements. SAP evaluations apply

to all terms, including summer, and to all

students (both aid and non-aid recipients).

All credits, including transfer credits, will be

used in calculating quantitative components

of SAP. Transfer credits are entered on the

student’s record and will be considered in

the attempted credits. SAP requirements are

measured in the following three areas:

1.

GPA -

In order to meet the grade

point average requirements, a student will

need academic standing consistent with

the requirement for graduation from the

program at the end of the first, second and

third semesters. At the end of the fourth

semester of attendance the student MUST

have a cumulative GPA of C (2.0) or better.

Below is a table that illustrates the academic

requirements.

Semester

Minimum Cumulative GPA

Required

1st

1.50

2nd

1.60

3rd

1.75

4th

2.00

2.

Credits Attempted -

All students

must complete two-thirds (66.67%) of the

credits they attempt. This percentage will

be calculated cumulatively each semester.

The percentage is determined by dividing

the total number of successfully completed

credits by the total number of credits the

student was registered for on the LRSC

FA Census Date. The cumulative credits

calculation includes all credits attempted

even if they do not pertain to the current

degree.

3.

Maximum Time Frame -

All students

must complete their declared program

within 150% of the published length of the

program. A student who has attempted

140% of their program credits will receive

a letter advising them they are reaching

the maximum credits. i.e., if the program of

student requires 60 credits to graduate than

90 is the maximum number of attempted

credits allowed for a program. When the

student has attempted 140% or 84 credits

they would receive a warning notice.

Students who have attempted 150% of their

program credits will be suspended from

financial aid and will be notified by letter.

Financial Aid Warning -

Financial Aid

Warning status is assigned to a student

who fails to meet one or more of the SAP

measures indicated above at the conclusion

of the semester. A student assigned a

Financial Aid Warning will be notified in

writing. The student may continue to receive

financial aid for one subsequent semester

under this status despite the determination

that the student is not making SAP.

Financial Aid Disqualification

-

Financial Aid Disqualification status is

assigned to a student who fails to make SAP

or does not fulfill the requirements set forth

in his or her academic plan of study when

placed on Financial Aid Probation. A student

who is placed on Financial Aid Suspension

may only receive financial aid if the student

reestablishes eligibility by meeting the

standards set forth in this policy.

Financial Aid Probation

- Financial Aid

Probation status is assigned to a student

who has been placed on financial aid

disqualification and who has successfully

appealed and has had eligibility for financial

aid reinstated. A student who is placed

on financial aid probation may receive

financial aid for one subsequent semester.

They may be required to meet certain

terms and conditions while on financial aid

probation, such as taking a reduced course

load or taking specific courses. A student

assigned a Financial Aid Probation status