During the first 60% of the period, a student earns Title IV funds in direct proportion to the length of time he /she is enrolled. A student who remains enrolled beyond the 60% point earns all aid for the period. The percentage of aid earned is determined by:
The official withdrawal date of the student is determined by the date indicated on the 'Withdraw from all Courses' form processed by the Registrars Office. An unofficial withdraw is the mid-point of the enrollment period unless the student can document a specific date.
This refund policy does not apply to students who withdraw from individual classes, it applies to only those students who withdraw from the University completely.
The Financial Aid Office will review each student who totally withdraws from the university to determine the lesser of: Unearned amount of Title IV Assistance OR Institutional charges incurred for the period of enrollment, multiplied by the unearned %.
Title IV Funds will be returned in the order listed below:
The Lewis University Financial Aid Services Office is responsible for ensuring that all students (both undergraduate and graduate) who are receiving federal, state and institutional financial aid are meeting the Satisfactory Academic Progress Policy. In order to continue to receive financial aid, recipients must meet the standards outlined below. The progress of each student will be reviewed each semester according to the requirements outlined below. Those students who are placed on ‘Financial Aid Warning’ status after the semester will need to adhere to the policy guidelines in order to avoid being placed on ‘Financial Aid Suspension’.
Requirement: Each financial aid recipient must be enrolled in an approved certificate or degree program and maintain the minimum cumulative grade point average as outlined below:
Hours |
Minimum
GPA |
|
Undergraduate |
0-33
hours |
1.75
cum GPA |
34-50
hours |
1.90
cum GPA |
|
51
+ |
2.00
cum GPA |
|
Graduate |
Any
hours |
2.00
cum GPA |
Students are expected to complete an undergraduate degree after attempting 192 credit hours. Students are expected to complete a graduate degree after attempting 150% of the required coursework for completion of the graduate degree. Students in the aviation certificate program are expected to complete the program after attempting 98 hours. This policy will consider all enrollments at Lewis University and any transfer credits accepted towards the degree regardless if financial aid was received.
Requirement: Students must progress towards their educational goals at a minimum rate of 67% completion. A student must complete 67% of credit hours attempted. For example if a student attempts 15 semester hours they must complete (earn a grade of ‘D’ or higher) at least 11 semester hours in order to avoid being placed in a ‘Financial Aid Warning’ status.
NOTE: If a student reaches the attempted credit hour maximum without completing their degree they will be placed on permanent ‘Financial Aid Suspension’ with no ability to appeal. Earned A,B,C,D and P grades are considered hours earned. Incompletes, withdrawals and N’s are not considered hours earned. Audits, proficiency tests and non-credit courses are not included in attempted hours.
Students
must progress towards their educational goals at a minimum rate.
The minimum rates are outlined below and apply to both undergraduate
and graduate students.
Hours
Attempted by Student |
Hours
Earned by Student |
| 12
+ hours |
11
+ hours |
| 9
- 11 |
7
+ hours |
| 6
- 8 |
5
+ hours |
| 1
- 5 |
_
hours attempted |
Note: Hours attempted are the total credit hours enrolled at the end of the add/drop period.
Students are reviewed according to the criteria outlined above each semester. If students do not meet the above mentioned criteria they are placed on ‘Financial Aid Warning’. Students may continue to receive financial aid while in a warning status. At the end of the following semester those students on warning are reviewed for eligibility. If students do not attain satisfactory academic progress at that time they will be placed on ‘Financial Aid Suspension’.
No additional financial aid will be awarded until the student regains eligibility. In order to regain eligibility the student will be allowed a written appeal. The written appeal must explain the mitigating circumstances that caused the student not to meet the guidelines of the policy, as well as an Academic Plan that is created outlining how the student will meet the policy until the completion of their degree program. An appointment will need to be made with the appropriate academic official to develop an Academic Plan. A student on an Academic Plan will have no further suspensions from financial aid as long as they adhere to the Academic Plan as submitted in their appeal. The student will have a deadline in which to complete the appeal process. No appeals will be accepted after the deadline date.
SUMMARY
STATEMENT
|
Consumer Disclosure |
List
of Consumer Information |
Where
it can be obtained |
| Family Education Rights and Privacy Act (FERPA) |
|
Registrar's
Office, Student Handbook |
| Direct Stafford Deferments for Performed Services |
|
Financial Aid Office |
| Available Financial Assistance |
|
Financial Aid Office |
| Institutional Information |
|
Business Office, Financial Aid Office, Registrar's Office, Course Schedule Catalog Book |
| Completion/ Graduation Rates and Transfer Out Rates |
|
Institutional Research |
| Campus Security Report |
|
Student Affairs, Campus Security |
| Athletic Program |
|
Student Affairs, Athletic Office |
| Completion Graduation Rates and Transfer Out Rates for Student Athletes |
|
Student Affairs, Athletic Office |