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Academic Progress Policies
Federal IV Financial Aid Requirements
Each student will be reviewed for progress annually after the spring
semester. A student must meet the following requirements in order to be making
satisfactory academic progress and continue to receive Federal Title IV
financial aid:
1. Successfully
complete 67% of the total cumulative attempted and transfer credits. This
includes any credits for which the student remained enrolled past the Drop/Add
period.
2. Have a cumulative grade point average (GPA)
of at least 2.00 by the end of the student's second academic year of attendance.
Important Notes:
A. A student who is not making progress at the time of the annual review will be
reviewed again after the summer and fall semesters.
B. Courses taken at other institutions will be used in the determination of
satisfactory progress only if they are accepted for transfer to WCU and count
toward the student's degree. The student is responsible for submitting
transcripts and evaluations to the Financial Aid Office. Remember: credits can
transfer but cumulative averages do not.
C. Failure to maintain satisfactory academic progress according to these
standards will result in the loss of Federal Title IV financial aid until such
time as the student is again maintaining satisfactory academic progress.
D. Undergraduate students may receive aid for up to 180 cumulative credits
attempted. State grant eligibility may vary (Pennsylvania allows up to 8
full-time semesters). Graduate students may receive aid for up to 72 cumulative
credits attempted.
E. Students denied financial aid for failure to maintain satisfactory academic progress may
appeal
that denial.
Definitions:
Credits Attempted:
Credits for which a grade of A, A-, B+, B, B-, C+, C, C-, D+, D, D-, F, P, W, AU or NG has been received.
Successfully Completed Credits: Credits
for which a grade of A, A-, B+, B, B-, C+, C, C-, D+, D, D-, or P has been
received. Grades of F, NG, AU, W, Y AND grades in repeated courses do not count
as successfully completed credits.
FEDERAL STAFFORD LOAN ACADEMIC LEVEL REQUIREMENTS
A student must be enrolled for at least six credits to borrow through the
Federal Stafford Loan Program. Maximum borrowing is based upon the student s
academic grade level. Grade levels are determined based on the table below
| Undergraduate Annual Loan Limits |
Subsidized/Unsubsidized
|
Add'l unsubsidized for Independent Students |
|
1st year- 0
to 29.5 credits |
$ 3,500* |
4,000 |
|
2nd year- 30 to 59.5 credits |
$ 4,500* |
4,000 |
| 3rd year-
60 to 89.5 credits |
$ 5,500 |
5,000 |
| 4th year-
90 or more |
$ 5,500 |
5,000 |
| 5th year- Teacher's
certification |
$ 5,500 |
5,000 |
| Senior December
Graduate |
prorated based on credit hours |
prorated based on credit hours |
|
Teacher's certification/Dec. Grad.
|
prorated based on credit hours |
prorated based on credit hours |
|
Graduate/Professional
Student
|
$8,500
|
$12,000 |
| AGGREGATE LIMITS |
UNDERGRAD |
GRADUATE STUDENTS |
| $23,000 (Dep.) |
$46,000 (Ind)
Sub.& Unsub. |
$138,500 (inclusive of undergrad loans) |
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