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Keep Your Financial Aid Healthy
This information is provided
to help you understand your responsibilities as a recipient
of financial aid at Brewton-Parker College. Please read the
information below or download
the PDF format version.
Satisfactory Academic Progress Policy:
The College is required to establish minimum standards of satisfactory academic
progress. The full standards are provided in the current College catalog.
You will be expected to understand and meet these standards to remain eligible
for financial aid. We monitor the satisfactory academic progress of each
student at the end of every semester.
Satisfactory academic progress is
measured by two criteria: qualitative and quantitative.
- Qualitative refers to grade point average. In order to comply with this component of
the policy, students must meet the following requirements:
Credit Hours
Calculated * |
Minimum Required Cumulative
Grade Point Average |
| |
0 to 30
31 to 60
61 to 90
91 and beyond |
1.5
1.7
1.9
2.0 |
* Credit hours calculated does
not include courses numbered under 100. There are limits
on the receipt of state and federal financial aid, which
apply to students who are enrolled in learning assistance
courses.
-
Quantitative refers to
the number of hours earned within specified time periods.
There
are two measures of quantitative progress. First, students
are required to earn credit for 67 percent of the hours
attempted at the end of every semester. Second, students
may attempt
up to 150 percent of the hours required for their majors
and degrees. Students will be declared ineligible to
receive federal and state financial aid once they have
earned 150
percent of the number of hours required in their majors.
For example:
| Degree Requirements * |
Maximum Time Frame |
123 hours
136 hours
144 hours |
184.5
204
216 |
*Semester hours calculated does
not include courses numbered under 100. There are limits
on the receipt of state and federal financial aid, which
apply to students who are enrolled in learning assistance
courses.
Payment of Financial Aid:
All federal, state and institutional scholarships, grants and
loan funds are credited to your student account in the Business
Office. Aid will not be
credited to your student account until you provide all the required
forms to the Financial Aid Office, are
fully admitted to Brewton-Parker College
and have completed registration.
All
loans require at least half-time (6+ hours) enrollment per
semester. Federal regulations require
all first time loan borrowers to wait 30 days before the lender
releases loan funds.
Verification of Attendance:
Federal regulations require that all students must attend classes to be eligible
for federal student aid. All Brewton-Parker College Instructors will report
class attendance for the first two classes. If you fail to attend your classes
you will be in jeopardy of losing your financial aid funds.
Refund Checks:
The Business Office produces refund checks if a credit occurs on your student
account generated from federal grants and loans or state funds. Institutional
awards cannot create a credit on a student’s account.
Georgia Hope Scholarship and GTEG:
GTEG requires full-time
enrollment at BPC. You must complete a GSFapp online before the end of your first semester of enrollment to receive GTEG funds. HOPE Scholarship is available for less than full-time students; however you must be enrolled at least half-time (6 credit hours) .
Changes in your enrollment may adjust your financial aid eligibility. If
your class schedule includes second session classes and you do not begin
these classes and your enrollment falls below full-time as a result, your
GTEG will be cancelled for the entire semester. Your HOPE Scholarship will
be adjusted. Both HOPE and GTEG have an eligibility limit of 127 semester
hours.
IF YOU DROP CLASSES:
If your enrollment contains second session classes and these classes are counted
in the 12 hours required to qualify you for GTEG, and you drop one of these
classes prior to the start of the second session (which causes your enrollment
to drop below full-time) you will lose
GTEG for the entire semester. If you
add and drop and your enrollment remains full-time, you will be fine. If
we must remove the GTEG, you will be required to pay the tuition costs this
scholarship paid. You will also be credited with the hours attempted in your
overall eligibility for HOPE.
For example:
- You register for 12 hours at the beginning of the
semester and included in these hours are 3 hours of second
session classes.
- You are paid your financial aid based upon 12 hours enrollment.
- You drop the second session class prior to the start of the second session.
You did not attend the class and it is expunged from your academic record.
- You now are at 9 hours enrollment.
- We are required to return the GTEG to the State.
- Your HOPE Scholarship will be reduced to $750.
- You may owe the funds these scholarships paid to Brewton-Parker College.
- Your Pell Grant will be reduced to 9 hours, and the difference in your
eligibility from full-time to three-quarter time, will be returned to the Department
of Education.
- You will owe to Brewton-Parker College the portion of your costs paid
by the reduced Pell Grant.
IF YOU WITHDRAW:
We are required to determine what portion of financial aid you earned. This
is based upon a pro-rata basis. For example, if you completed 30% of the
semester, you will have earned 30% of the funds you were paid. It will include all grants and scholarships, both federal, state and institutional. These funds
will have been posted to your student account and pay the tuition, fees and
other costs for attending Brewton-Parker College. We are required to return
the aid you did not earn, this includes, Pell, SEOG, LEAP, Stafford and Perkins
Loans. If you received a refund of these funds, you will owe them back to
the Department of Education and the Lender of your Stafford Loans. We will
advise you of the full calculations and amounts that must be returned.
If federal funds are returned, you
will also incur a bill with Brewton-Parker College for the costs
that were covered by the aid that is required to be returned.
If you owe BPC funds, your academic transcript will not be released
and if the bill is left unpaid, collection efforts will be used.
If a collection agency becomes involved, the cost will increase
significantly.
Withdrawing also will impact your
satisfactory academic progress. You may lose your eligibility
to qualify for Federal Student Aid.
For full details on the withdrawal
procedure and satisfactory academic progress standards, please
refer to the College catalog.
Please consider all the results
that either dropping a second session class or withdrawing can
cause you. Please contact the Financial Aid Office or the Cashiers
Office before you proceed with either of these options
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