If my gpa drops below 2.00 will i still get financial aid?
In order to continue to receive federal financial aid, a student must meet the Satisfactory Academic Progress (SAP) standards at his school. In general, that means that you have to maintain a certain GPA and complete a certain percentage of the credits that you attempt. A GPA of 2.0 is the most common standard, but there is some variation. For example, at the school where I work, the SAP standard for a freshman is only 1.8. You would have to check with your school to see what their standards are--usually they are published in the school's handbook, but if you can't find the information, ask at your financial aid department. If you fail to meet the SAP standards, your school may choose to cut off your aid, or they may choose to continue it for one more semester while you work to bring your performance up. As part of the school's SAP policy they must state what a student must do to regain his aid if it is discontinued. Generally, that will involved raising your GPA to the required level, but if you've dropped classes, you will also need to bring up your percentage of completed credits.
No matter what kind of iAd you have, it has been awarded based on your status has full-time or a half-time student. I am going to assume you are a full-time student. Your aid goes first to pay tuition and fees. Any residual funds are refunded to you, usually 2-3 weeks after school started. If by dropping the class within the refund period, the finds revert to the financial aid office. The money was paid based on your status as a full-time student, and if you drop below full-time, you are not entitled to those funds, which is why the monies are not refunded to you directly. If you drop below full time, however, any refund you already got is going to have to be returned to student financial aid office. Again, it was awarded to you based on your full-time status, you're no longer full time, you cannot keep the money. Rest assured, the school most certainly DOES micro-manage your student financial aid, whether it is federally funded grants add loans, or school-based scholarship. This oversight is required by federal law. If you return to school full-time in the next semester, your financial aid will be adjusted to cover the overpayments of this term. If you were to leave school at the end of this term, without really paying the over funding, you will have an outstanding debt that will be reported to the credit bureau and will render you in eligible for future and until it straightened out. If you withdrew from the class within the refund period, you will not get an F. Your transcript will show a "W" (withdrawn) instead of a grade. Do yourself a favor, and make an appointment with a financial aid conselour to discuss this matter. You will feel better about it if you understand what's going on with your aid.
First, you go to the financial aid office and ask to speak to someone there, and you explain your situation. Then they will probably have you file an extension (that is, a request for additional time). And THEN you should probably work with them on a repayment plan - maybe you can give them a little bit once a week, or something, to pay them back.Get yourself down there as soon as possible and the sooner the better. Nobody ever likes bad news at the last minute.
There may be some restrictions. At the University of Toronto, for example, if you earned a BSc, then re-enrol, you can not earn another BSc . You can earn anything else, or apply for a graduate degree. In other words, you can’t get the same degree twice, even if it’s in a different department (e.g. biology vs. mathematics).Students who already hold a degree from the Faculty of Arts & Science, the University of Toronto Scarborough or the University of Toronto Mississauga may complete a second degree only of an alternate type (i.e. if a student has an Honours Bachelor of Arts degree then he/she may not complete a second Honours Bachelor of Arts degree).”At U of T, you can get a B.A. (for example) after getting the BSc, but I’ve heard there’s no advantage in having multiple Bachelor’s degrees. If you want multiple degrees, it’s more worth your time and money to get a Master’s.However, you can probably get the same degree from different institutions. I’d say that it depends on the institution.Of course, if you just want to take courses, then have at it! Off you go!
Minimum GPA to Keep Financial Aid?
For the best answers, search on this site https://shorturl.im/avu5K Lavar: In order to remain eligible for financial aid, you must meet the Satisfactory Academic Performance standards that were adopted by your school. Your school has very little choice in the matter - if they want their students to be able to participate in the Federal Student Aid program, they have to maintain and enforce these SAP standards. The Department of Education has a set of "recommended" standards, and most schools have simply adopted those. There are three major components to the SAP, not just GPA, but also "pass rate" and "progress". From the information you have provided, your school requires a cumulative GPA of 2.0, which is very typical. Keep in mind that you'll also need to pass at least 70% of the courses that you REGISTER for, as well. Students who fall out of compliance with the SAP standards are placed on financial aid probation. This is a warning period, but your financial aid will continue to be disbursed during this time. You will be given a certain period of time (sometimes just one semester) to get your grades and pass rate up - if you satisfy the requirements by the end of the period, the probation ends, and your aid continues uninterrupted. A student on aid probation who does not satisfy the SAP by the end of the probationary period is placed on financial aid suspension. A student on aid suspension is NOT eligible for Federal Student Aid, nor most state or school aid programs. Students on aid suspension may continue to attend school, but they will have to do so by paying "out of pocket". IF you are eventually able to satisfy the SAP, you will be permitted to re-qualify for financial aid - the suspension is not permanent. HOWEVER - the financial aid suspension will continue permanently - forever and ever - unless you improve your grades and pass rate enough to get back into compliance with the SAP. It won't "expire" after a year (or even 20 years for that matter), and it will follow you from school to school - you can't just go register somewhere else and start over with financial aid. The ONLY way to get your aid back is to get your GPA back over 2.0 and your pass rate back over 70%. You'll have to pay for the classes that would be required to accomplish that. Good luck!
Will i still receive financial aid when i transfer?
HI. I am on academic probation but not financial aid probation. Is that possible? I failed 1 class and my gpa was a 1.5 but I recieved 11 out of 12 credits which is what I guess still makes my SAP good. So is this possible to not be on financial aid probation as well? And it still shows my aid will be sent out on the same set dates. Btw this is my first semester (fall) of college but i was dismissed from the university because i failed to meet the individual approval crequirements so now i plan on immediately transferring to a community college for spring then transferring back after i receieve enough credits to get back in the university so What will happen to that aid since I'm not registered there, will it still post to my account? And is it possible that my SAP could turn bad soon as I transfer as in will i still receive aid at the comm coll while im on probation since the university wad going to let me? I just need to know I'm safe for spring semester. I promise not to screw up again! *Ps I didn't receive a financial aid nor academic probation E-mail nor letter. HELP!!!!
You are probably on the verge of making what Bernie would say is a YUGE mistake. Has anyone explained to you that only one in four who matriculate graduates and gets a good job? Has anyone explained to you the risk involved with taking out student loans. Do you understand the concept of opportunity cost?I didn’t think so.Go to community college. Earn a marketable certification. Layer that certification and get a marketable Associates degree.Seimens will pay for your education and give you a job making $50K. John Deere will pay for a lot of your education and give you a job making $50K. At Gateway Community College Center for Advanced Manufacturing an Associates degree costs $10K and can lead to a $60K job.Or you can go $50K in debt and end up working at Starbucks. Your choice.Postscript: Providing the community college your transcript will save your taking a few classes. All you need to do is request this from your old school. Looking at some of these other answers, you are getting some of the dumbest advice imaginable.
In the US there is a “college mania mentality.”Parents and students are lousy post-secondary education consumers. For decades in our country the youth and their parents have been the target of societal, familial, educational, and political propaganda stressing the point that: To be a success in life you MUST graduate from a four year college.This pressure has led a lot of young people to make some really naïve post-secondary education choices, the result of which is an investment of time and money with little or no return. Often this poor investment choice has had the corollary effect of running up debilitating debt. (One in four student loans are in default or delinquency.)Forty percent of high school graduates rush off to college like lemmings. However only one in four will graduate and get a good job. Roughly fifty percent of these young people end up “left holding the bag,” and that bag is empty except for their obligation to repay loans for an education that had no value in the marketplace.Making a success of matriculating at a four year college today is very difficult given the high costs and anemic job market.On the other hand going to a community college and learning a trade or earning a marketable technical certification is straightforward and inexpensive.“The true ratio of jobs in our economy is 1:2:7. For every occupation that requires a master’s degree or more, two professional jobs require a university degree, and there are over a half a dozen jobs requiring a 1-year certificate or a 2-year degree, and each of these technicians is in very high-skilled areas in high demand.”Dr. Kevin Fleming “(RE)Defining the Goal: The True Path to Career Readiness in the 21st Century”If you choose a marketable certification (or two), you can make a very nice living, avoid crippling student loan debt, AND move out of your parents’ basement.
I cant receive financial aid because of bad grades..?
In order to be considered for financial aid you must have an overall GPA of 2.0. So even if you got a 3.0 for the spring semester, and your cumulative GPA is lower than 2.0 you don't qualify. However, I don't think they will take your financial aid like nothing. When I had academic probation, they put me in financial aid probation as well. However, they made me fill out some paper work stating my reason why I did not meet the standards. After that they still provided my grants and scholarships, but I had to bring up my GPA for the next semester. So I don't believe they will take away your financial aid like that, unless you didn't meet your probation guidelines. My best advise is speak to your financial aid office or advisor and they will give you the best explanations and help you get it back.
Can you go back to college if you drop out instead of withdraw? If so can you get financial aid?
For the best answers, search on this site https://shorturl.im/avSRD As everyone else previously said yes it will affect your financial aid. But please don't be discouraged by the jerk who said to "stop expecting handouts". College IS hard and it takes a ton of motivation to go to college fulltime. I went threw the exact same situation as you last year. I became homeless during my finals and dropped half my 4 classes, got a C in the other, and an F. Unlike these other people who probably have no idea what it's like to become homeless, school is practically impossible when ur in that state of living. but please don't give up! after that horrible semester my father's girlfriend took me in and I was put on financial aid suspension which means that I couldn't go to school fulltime. so I did the second best option, I took 3 classes in fall 2011 instead of 4 and received a 3.7 GPA. Those classes weren't easy ones either, the average in one of them was a B- and I got an A+ and one of the others I took only 25% of my class passed. Now I'm back on financial aid because I proved to FAFSA that my grades won't ever slip again. I'm telling you this not to brag but to let you know that even though you might think everything will go downhill if you drop ur classes IT WON'T! take it as a lesson and find motivation to excel in school, for me it was my homeless parents. If i didn't want to be like them I needed to get a degree no matter what. this summer you need to do some hard thinking and find motivation to be the best at whatever you put your mind to. even if you don't want to continue school. I wish the best of luck to you!