Student Financial Services
Student Financial Services


Financial Aid: Managing Your Financial Aid

How Your Financial Aid Was Determined
Revisions to Your Offer of Financial Assistance
Changes in Enrollment
Enrollment as an Undergraduate Student
Enrollment as a Post-Baccalaureate/Graduate Student
Verification Requirements
GPA/Credit Requirements for Maintaining Eligibility
State of Washington Eligibility Requirements


GPA/Credit Requirements for Maintaining Eligibility

As a financial aid recipient, you must remain in good academic standing with the University and make satisfactory progress toward your intended degree objective.

Satisfactory Progress
To remain eligible for financial assistance, a student is expected to meet qualitative and quantitative academic requirements. 

  • Qualitative: the student is expected to maintain a minimum GPA for all financial aid and minimum GPAs for SPU merit-based aid. 
  • Quantitative: the student must complete a minimum number of credits each academic year and complete his or her degree within a specified period of time.

Satisfactory progress is evaluated annually at the end of Spring Quarter, and applies to all students (current, past, or first-time financial aid applicants).

Minimum Grade Point Average
A financial aid recipient must be in good academic standing at the University.  At the completion of the second year (sophomore standing) the student must have a cumulative 2.0 GPA to remain eligible for financial assistance, including Title IV (federal) funding.  Students who do not achieve a 2.0 cumulative GPA will be ineligible for further financial assistance until the cumulative GPA is achieved.  (Note: A higher minimum GPA may be required for scholarship recipients. Refer to the Scholarship/Grant section for specific renewal criteria).

Minimum Credit Requirement
Students must complete at least 80 percent of all attempted credits to be eligible for financial assistance.  Each accepted transfer credit will be considered both an attempted and completed credit.  The calculated percentage will be rounded up to the nearest full-credit hour. Completed credits are defined as coursework that has received a grade of A, B, C, D, or P at the end of the academic term.  Grades of E, W, G, I, or N do not receive any credit; therefore they do not count as completed credits each quarter.

Maximum Time Frame. Financial aid will be awarded to students enrolled in undergraduate programs for a maximum of 270 credits, and awarded to graduate and doctoral students for a maximum of six years.

Notification. You are responsible for being aware of this policy as stated in the SPU Undergraduate and Graduate Catalogs. If you should become ineligible for financial aid due to lack of satisfactory progress, you will be notified by Student Financial Services (SFS); however, it is your responsibility to monitor your own progress.

Consequences of Unsatisfactory Progress
A student who does not maintain Satisfactory Academic Progress (minimum GPA and completed credit requirements and complete his or her degree within the maximum time frame) will be ineligible for financial assistance.

Appeals for Reinstatement of Eligibility
Students have the right to appeal their eligibility for financial aid. Written appeals due to extenuating circumstances (death of a relative, illness or injury of the student, or other special circumstances) should be submitted to the student’s financial services counselor. Please note that some financial-aid programs may have criteria that vary from the above-stated progress standards. Detailed information about these programs is included on the Grant and Scholarship Programs Info Sheet.

Results of Appeals (Probation)

Appeals will be approved only if the student will be able to meet Satisfactory Academic Progress after the next quarter or Student Financial Services has approved an academic plan with the student that, if followed, will ensure the student is able to make Satisfactory Academic Progress by a designated point in time.  Students with an approved appeal will be considered to be on financial aid probation; students on probation may receive aid for one probationary quarter.  After the probationary quarter, students must meet the Satisfactory Academic Progress standards or the requirements of their academic plan, failure to do so will mean a forfeit of eligibility for financial assistance.

 



Last Updated: 3/1/2013



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