Students must be in good academic standing at Daytona State College in order to continue to receive Financial Aid. The U.S. Department of Education requires each college to have a policy that ensures all students receiving financial aid maintain satisfactory progress toward completing their program of study. Your academic record will be reviewed at the end of each year (May) (Certificate programs are measured each semester) to make sure you have complied with the Financial Aid satisfactory academic progress standards outlined below. To be eligible for financial aid, you must meet Daytona State’s standards of Satisfactory Academic Progress for financial aid recipients. This standard is different from Daytona State’s overall academic standard for eligibility to re-enroll in classes.
Standards of Satisfactory Academic Progress for financial aid recipients require you, the student, to be enrolled in an eligible program of study that leads to a degree or certificate. Your academic progress for financial aid purposes is reviewed at the end of each year (May) (Certificate programs are measured each semester). In order to maintain satisfactory progress for financial aid purposes, you must satisfy all of the following elements of the policy:
(1) number of credits attempted/earned must be 75%;
(2) cumulative grade point average (GPA) must be 2.0 or above; and
(3) maximum credit review (must complete within 150% of program length.
This standard requires students to successfully complete (with letter grade of A, B+, B, C+, C, D+, D, SP) a minimum of 75 percent of the total number of credits attempted. Attempted credits include all credits in which you are registered at the end of the add/drop period. Letter grades of F, W, I or IP will not be considered as credits successfully completed or earned. Students who repeat a course for any reason should be aware that each time you enroll in a course it counts as an attempt, but only one attempt is considered earned. Repeated courses will have an impact on your ability to complete your program within the required maximum time frame.
(For the 2008-2009 academic year, 67% completion rate will take effect.)
You are required to maintain a minimum cumulative grade point average of 2.0 (C grade). Refer to the College catalog for more information regarding grading policies.
Maximum Credit Review
The final part of the standard is Maximum Credit. Federal regulations require that the school set a maximum time frame in which students are expected to finish their program of study. Under this standard, you must complete your degree or certificate within 150 percent of the published program length, including transfer credits.
For example, if the published length of your credit program for an Associate degree is 60 credits, the maximum time frame for completion is 90 credits (that is, 60 X 1.5); if the published length of your credit program for a Bachelor degree is 120 credits, the maximum time frame for completion is 180 credits (that is, 120 x 1.5). This means that you would be eligible to receive financial aid during the period of time you are attempting up to 90 credit hours only (including transfer credits) for an Associate degree or up to 180 credit hours only (including transfer credit) for a Bachelor degree. If you exceed the maximum number of credits, you are no longer eligible to receive financial aid. All attempted credits, including incomplete grades and repeats, are counted toward the 150 percent maximum time frame. Also, credits earned at other colleges and accepted towards your current program of study are counted in the maximum credit review.
The only exception to this are all ESL courses and non-credit courses.
Students who change their education program or graduate and reapply to a new program must still adhere to the maximum credit policy. In other words, all of your previous attempted credits will count towards the 150 percent time frame. Consideration will be given to students completing a second degree or certificate.
A student may receive financial aid for a maximum of 30 attempted developmental credits.
Non-Credit Courses
These courses are not eligible for Title IV assistance and do not satisfy requirements of any Title IV eligible academic program. As such they are not considered in the Standards of Satisfactory Academic Progress.
If after the probationary semester you are not back in good standing, you may be offered a subsequent probationary semester if you have earned a 2.0 GPA in the probationary semester AND completed all courses attempted.
Financial Aid Suspension
A student who does not successfully complete a probationary semester will be placed on financial aid suspension for the following semester.
Financial aid will not be awarded to students who do not make Financial Aid Satisfactory Academic Progress for two consecutive semesters and any subsequent semester for which financial aid satisfactory academic progress is not met.
Appeal Process
Once your written appeal and supporting documents are reviewed, a decision is made on a case-by-case basis. If an appeal for financial aid suspension (for not meeting the completion rate percentage or the cum GPA) is granted, you will be given another probationary semester. During this semester you must complete successfully 100% of the credits attempted for the semester, AND earn a minimum GPA of 2.0 for each class during that semester, and any additional requirements required during the appeal approval process.
Reinstatement
A student suspended from financial aid may request a reinstatement of financial aid after successfully completing a minimum of nine (9) credits, at your own expense. You must complete 100 percent of the credits attempted and earn a minimum GPA of 2.0 or better in each class during that semester.
