Requirements to Continue to Receive Financial Aid
To remain eligible, you must:
Meet the minimum requirements of
the policy governing satisfactory academic standing/progress.
Federal regulations state that all students who receive assistance from the
Federal Work-Study, Federal Stafford Loan, KHEAA Grant, Federal Perkins Loan, Federal Pell Grant, Federal PLUS Loan, Federal TEACH Grant, Grad
Plus Loan or Federal Supplemental Educational Opportunity Grant programs will be
required to make measurable academic progress toward a degree. Failure to
maintain satisfactory academic progress will result in the termination of your
financial assistance. You may re-establish eligibility for financial assistance
when the minimum requirements of the policy are satisfied. This policy also
applies to the Nursing Student Loan; Program; and all KHEAA
Teacher Scholarship, Work and Loan programs.
If you do not meet these requirements, you should
still file financial aid forms for future terms on a timely basis. This will
permit you to be considered for financial aid once your appeal is approved. This
policy applies to all students whether or not the student is receiving financial
aid for the period being monitored.
As an undergraduate student based upon full-time status (a minimum of 12
hours per semester), you will be required to earn a minimum of 24 semester hours
within that academic year (fall and spring semesters). You will be permitted a
maximum of six academic years for completion of a baccalaureate degree(s), three
years for an associate degree(s), and two years for a certificate program for
financial aid purposes.
As a graduate student based upon full-time status (a minimum of nine hours
per semester), you will be required to earn a minimum of 18 semester hours
within that academic year. You will be permitted a maximum of three academic
years for completion of a master’s degree program for financial aid purposes.
In addition to the requirement to complete a minimum number of credit hours
each academic year within a maximum time frame, you must also meet the minimum
requirement for satisfactory academic standing as follows:
- If you are on probation with Murray State the MSU probation rules apply
based on the Academic Standing Policy from the Registrar’s Office. As long as
you increase your cumulative grade point average each semester while on
probation, you will be allowed to re-enroll at MSU and will have met the
financial aid grade point average guidelines.
- If you attend less than full time or for one semester only, you must adhere
to an equivalent rate. If you excessively repeat courses or take courses not
related to your degree objective, you will not be making satisfactory progress
toward graduation and you will be subject to loss of eligibility for financial
aid. If you have more than two official academic withdrawals and/or
administrative withdrawals while attending MSU, you will not be considered
making satisfactory academic progress. Incompletes will not be considered until
credit is recorded on the official MSU academic transcripts. Audit of a class
can not be accounted in any manner for financial aid purposes.
- If you enroll as a full-time student and then drop below full-time status,
you will be treated as a full-time student for purposes of this policy.
- If you fail to meet the standards of the satisfactory academic progress
policy, financial assistance will not be available to you until the required
number of hours are completed and/or you meet the academic requirements during
the semester that you are on academic probation as stated in the policy above,
or an appeal is approved. You may make up the hours by attending summer school
and/or the regular semester(s) at your own expense. After completing the
required number of hours, it is your responsibility to notify the Student
Financial Aid/Scholarship Office and provide a copy of all grade reports.
Eligibility may be continued, upon appeal, for student who, through no fault of
their own, were unable to complete a semester under normal circumstances; e.g.,
accident, unexpected medical problems, or death in the immediate family
(brother, sister, mother, father, spouse, child).
- If you have been denied financial assistance because of a failure to make
satisfactory academic progress, you have the right to appeal through the Student
Financial Aid Offce. If you wish to appeal the decision of the Student Financial
Assistance Office, you may request a review by the Financial Aid Appeals
Committee. All decisions of the committee are final. If you wish to file an
appeal, you must complete the Financial Aid Appeal Form, which is available in
the Financial Aid/Scholarship Office. Your appeal documentation will be reviewed
and you will be advised in writing, of the decision. Student academic records
will be monitored for the purpose of this policy for two full academic years. If
you have any questions in regard to this policy, you may call or visit the
Student Financial Aid/Scholarship Office, 500 Sparks Hall, (270) 809-2546.
- File properly completed, correct, and up to date application with the
Financial Aid/Scholarship Office.
- Pay all university accounts when they are due.
- If you are a student worker, you must be a satisfactory employee by being
prompt, regular, cooperative and willing to learn.
- Meet individual aid program guidelines.
- Sign any papers required for receipt of aid awards.
- Report any changes to the Student Financial Aid/Scholarship Office.
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