Financial Aid Policy

Multnomah Financial Aid Policy

Satisfactory Academic Progress (SAP)

To be eligible for federal student aid students must be evaluated on their academic progress toward completion of a degree program. Multnomah University will hold to this standard for establishing eligibility for institutional funding including any additional eligibility criterion specific to the scholarship or grant for which the student is eligible. There are two measurements required by Department of Education Federal Regulations: qualitative and quantitative. Please note: these policies govern financial aid and do not have any bearing on your academic standing as they are separate policies. Please refer to the Student Handbook for information regarding academic standards.

Qualitative Standard

The qualitative measurement is to ensure that a student is making the necessary progress in their program by maintaining a minimum 2.0 cumulative GPA to continue to be eligible for Title IV (Federal Student Aid) funding. All student transcripts will be evaluated at the conclusion of each semester shortly after grades have been submitted to the Registrar for the semester. Any student with less than a 2.0 cumulative GPA will be placed on WARNING for the semester following the sub-standard semester. If after this warning semester, the student still has less than a 2.0 cumulative GPA then the student will go on financial aid SUSPENSION*. Students are that are suspended are strongly encouraged to submit an appeal to the Director of Financial Aid. If the appeal is granted, the student will be placed on probation for one semester. During that probationary semester, the student must receive at least a 2.0 GPA and complete the credit load they registered for in order to maintain eligibility. If the student does not meet the minimum requirements after the probationary semester, the student will be placed on suspension. In order to regain eligibility for financial aid, a student must successfully complete a full-time semester (12 credits) with a 2.0 GPA without the benefit of financial aid.

Quantitative Standard

Students are eligible for Title IV Federal Student Financial Aid for a maximum of 150% of the required length of a program. The maximum time is determined based on the number of credits required for a student’s major. For example, if the major requires 124 credits for graduation, the student may receive funding for a maximum of 124 x 150% = 186 credits. In a semester-by-semester breakdown, this means students must complete 67% of their attempted credits each semester in order to be meeting the quantitative standard for Satisfactory Academic Progress.

For Degree Completion Program (DCP) students: the structure of the program is different than the traditional program (which is what this policy addresses). DCP students are required to complete at least 20 weeks of instructional time and 12 credit hours (with passing grades) before receiving subsequent disbursements of financial aid.

* Students not completing any credits or receiving a 0.0 GPA for any reason are automatically placed on financial aid Suspension. Students are encouraged to appeal any financial aid suspension by submitting an appeal to the Director of Financial Aid.

*Effective 7/1/2011