In order to continue receiving financial aid, a student must maintain satisfactory academic progress in their program of study and must be moving toward the goal of graduation.
In order to continue to receive Federal and College Grant Aid, the student must successfully complete 66% of all credits attempted. In addition to completing the percent of credits, students are required to achieve a minimum cumulative grade point average (GPA) if they wish to continue to receive Waldorf College, federal and state financial aid. If he/she has attempted 1 to 30 credits, the students must maintain a minimum cumulative GPA of 1.75. If he/she has attempted 31 or more credits, he/she must maintain a minimum cumulative GPA of 2.00. The student must successfully complete at least 24 credits for every two semesters of full-time PHEAA State Grant assistance received.
Students should contact the Registrar for the definition of attempted and earned credits and for the formula used to calculate the GPA. Earned credits for a course cannot be counted more than once.
The maximum time frame for completion of an undergraduate program cannot exceed 150% of the published program length for a full-time student. For undergraduate students the minimum number of credits for graduation is 120; therefore, the student would have a maximum time frame of 180 attempted credits to complete the program before the student would lose eligibility for Federal, State and Waldorf College financial aid.
Financial aid academic progress for each student will be reviewed in May, or at the end of the summer session, by the Student Financial Aid Director. If a student does not meet the published standards of academic progress, he/she will be placed on financial aid probation and will not be considered for Federal, State or Waldorf financial aid funding.
Appeals for an exception from financial aid probation may be made in writing based on extenuating circumstances such as the death of a relative, serious personal illness/ injury or other similar situation. The student must be able to demonstrate that the extenuating circumstance had a direct impact on her/his academic performance. If extenuating circumstances prevented completion of the program within the 150% time frame, a written appeal may be made to the Student Financial Aid Director. In addition, if a student makes satisfactory academic progress during the financial aid probation period, the student may appeal for reinstatement of eligibility for Federal, State or Waldorf financial aid funding. Appeals must be made in writing. Students may be asked to provide supporting documentation for the appeal. Appeals for an exception to financial aid probation are for one semester only, and the student must comply with any and all conditions attached to the appeal decision.
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