In addition to all other requirements for federal financial aid eligibility, students must continue to be in good academic standing and be making progress toward a degree. The standards that are set forth here are stricter than the institution's standards of progress. Therefore, students who do not meet Satisfactory Academic Progress Policy for federal financial aid may be unable to receive financial assistance, but will be able to attend New River Community and Technical College.
A. Cumulative Grade point Average
1. A student receiving federal aid must maintain an overall 2.0 cumulative grade point average and complete at least 67% of all hours attempted.
2. Any financial aid recipient failing to meet the required grade point average and /or complete 67% of attempted hours will be notified that he/she may request PROBATIONARYAn agreement must be signed and received in the financial aid office.
1. An extension of one semester of WARNING will be granted.
2. Students attending on WARNING status must complete all classes for which they are registered and maintain a cumulative GPA of 2.0.
3. During the warning status, a student may receive the Pell Grant. All other financial aid willsuspended.
C. Suspension Status
The period of ineligibility for financial aid (SUSPENSION STATUS) will extend until the student meets the Satisfactory Academic Progress policy. While in SUSPENSION STATUS the student will be unable to receive financial assistance.
D. Time Limitations
Students who have already attempted the equivalent of the 150% will not be able to receive any additional financial assistance.
E. Appeal Process
If there are special circumstances that cause a student to need more than the allotted number of semesters to complete an Associate Degree or two years to complete a Certificate program or if there are extenuating circumstances that have caused a student not to meet the progression requirement after a semester of WARNING, the student should explain the circumstance in writing and submit them to the Director of Financial Aid. A committee will review the student's reasons for not having made academic progress. If this committee determines that the reasons are acceptable, the student may be able to receive an extension of probation or an extension of time.
Liability for Repayment of Award
A student receiving financial aid who earns no credits during a semester and who does not officially withdraw from the College may be billed for all of the aid disbursed for that semester. A student receiving financial aid who officially withdraws from the College may be billed for a portion of the aid received. The amount of repayment will vary based upon the amount of aid received and date of withdrawal.
A student should be aware that changes in enrollment status may affect his or her eligibility to receive assistance in future semesters. Any student who is considering withdrawal from classes or a reduction in his or her course load is encouraged beforehand to seek financial aid counseling as well as academic advising before dropping classes. Financial aid awards are determined by enrollment status. If the student drops classes before the aid funds are disbursed/delivered, the financial aid award will be reduced to a value corresponding to the enrolled hours at the time the funds are disbursed. The student is responsible for any charges that incur as a result in enrollment change.