Financial aid Policies

evaluation & satisfactory progress
last day attendance policy
loan counseling
undergraduate/graduate requirements


Policy Standards for Financial aid
satisfactory academic progress

Federal and state regulations require all students make satisfactory academic progress toward completion of degree, certificate or licensure requirements to receive student financial aid. All terms of attempted enrollment are considered in determining satisfactory academic progress regardless of whether aid was awarded for the term.

Failure to meet satisfactory progress standards results in ineligibility for state and federal aid programs (including all grants, loans, campus Work Study, Vocational Rehabilitation, Post-Secondary Childcare, Indian Scholarships, and University Scholarships). MSUM reserves the right to withdraw aid at any time if it becomes readily apparent that a student has not maintained satisfactory academic progress.

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Qualitative Standard: GPA Undergraduate
Attempted credits include all courses on student records after the fifth class day, including withdrawals, incompletes, repeats, non-credit and remedial courses. MSUM’s academic policy requires all undergraduate students to achieve the following cumulative GPA at the points indicated:

   1 - 26 credits: 1.6
      27 – 59 credits: 1.9
      60 or more attempted credits: 2.0

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Graduate: Beginning with the first attempted credit, graduate students must maintain a minimum 3.0 GPA.

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Quantitative Standard: Completion Percentage
Financial aid standards require students to satisfactorily complete a minimum of 67 percent of their total cumulative attempted MSUM credits with a minimum grade of “D” (or “P” or “S” if enrolled on a pass/fail or satisfactory/unsatisfactory basis).

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Quantitative Standard: Maximum Credits Attempted
Credits attempted to complete a degree and receive financial aid cannot exceed 150 percent of the credits required to complete the degree program.

A. Undergraduate students become ineligible to receive funding after they have attempted 180 total semester credits at MSUM, including accepted transfer credits. Grades of Failed (F), Failed/No Attendance (FN), Unsatisfactory (U), Incomplete (I), No Credit (NC), In Progress (IP), Withdrawn (W) and blank (Z) for courses taken at MSUM count as credits attempted but not completed.

B. Students who are enrolled in an undergraduate program and seeking a second bachelor’s degree, teacher certification or licensure are limited to 60 attempted semester credits in an approved degree plan.

C. Graduate students are limited to 52 attempted semester credits.

D. Students seeking a specialist degree are limited to 53 attempted semester credits beyond their first graduate degree. Students who have completed only a bachelor’s degree are limited to 105 attempted graduate semester credits if seeking a specialist degree.

Programs that require longer than these limits must have individual approval from the Office of Scholarship and Financial Aid through an appeal process. Students must submit for review an academic plan approved and signed by their advisor indicating the semesters remaining for degree completion, a course plan for each remaining semester, and projected graduation date. Appeals for credits in excess of 150 percent solely to improve GPA are not approved, unless the course is part of an approved academic plan. Submission of an appeal does not indicate automatic approval of the academic plan. Each appeal is reviewed on a case-by-case basis.

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Evaluation Period
Monitoring satisfactory academic progress begins with the first credit attempted and is done at the end of every semester (fall, spring and summer).

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Failure to Meet Standards
If at the end of a semester a student fails to meet MSUM Satisfactory Academic Progress qualitative or quantitative standards, MSUM will allow that student to retain his or her financial aid eligibility on a probationary status for one semester.

A. If at the end of the probationary semester a student meets MSUM’s cumulative qualitative and quantitative standards, MSUM will reinstate the student’s eligibility for financial aid.

B. If at the end of the probationary semester a student fails to complete 67 percent cumulative credits, they are placed on financial aid suspension.

C. In addition to the financial aid suspension, if at the end of the academic probation semester a student does not meet MSUM’s cumulative GPA (qualitative) standards, the student will be placed on suspension from class enrollment. The first suspension for GPA below the minimum requirements is for one semester; a second suspension for insufficient GPA is for one calendar year; a third suspension for insufficient GPA is for two calendar years.

D. Continued Probation

1. If at the end of a probationary semester a student who has been on probation meets MSUM’s qualitative (minimum 2.0 GPA for the semester) and quantitative (successfully complete all semester courses) standards required for the probationary semester but has not met MSUM’s cumulative standards, MSUM will permit the student to retain financial aid eligibility under a “continued probation” status. Probation status continues to be monitored each semester until the student meets MSUM’s cumulative qualitative and quantitative standards, at which time the student’s financial aid eligibility “good standing” status will be reinstated.

2. If a student on “continued probation status” fails to meet MSUM’s qualitative or quantitative cumulative standards or the standards required for the probationary semester, MSUM will suspend the student from financial aid eligibility.

E. If MSUM determines it is not possible for the student to raise his or her GPA or course completion percentage to meet MSUM’s cumulative standards before the student would reach the end of the program for which he or she is receiving financial aid, MSUM will suspend the student from financial aid eligibility immediately upon completion of the evaluation.

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Notification
Students who fail to meet the minimum standards will be notified by letter when they are placed on probation or suspension. It is possible for students to be placed on financial aid suspension for failure to meet more than one type of Satisfactory Academic Progress standard. Students who have not received financial aid in the past are immediately subject to standards when they apply for financial aid.

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Appeals

A. Financial aid suspension status may be appealed to the Office of Scholarship and Financial Aid. Appeals are made on the basis of extraordinary or mitigating circumstances (major illness, death in the family, serious accident, etc.) or the successful completion of additional coursework. Each case is reviewed individually. Financial aid eligibility may be reinstated for one term with continued financial aid eligibility contingent upon the student’s satisfactory completion of terms established by the Office of Scholarship and Financial Aid. The Office of Scholarship and Financial Aid informs students in writing within seven business days of its decision, provided adequate documentation was submitted by the student.

B. If a student is not satisfied with an adverse decision, subsequent appeals are submitted to the Financial Aid & Suspension Appeals Committee.

C. Academic Suspension status for insufficient GPA may be appealed to the Financial Aid and Suspension Appeals Committee through the Office of Academic Affairs.

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Re-establishing Eligibility for Financial Aid after Suspension
Students whose financial aid eligibility has been suspended may regain eligibility only through MSUM’s appeal process or when they meet the institution’s satisfactory academic progress qualitative and quantitative standards. If Incomplete (I) credits are a factor in failure to maintain satisfactory progress, subsequent successful completion of these credits may be used to re-establish eligibility for aid. Paying for classes out of pocket or sitting out a period of time in and of itself is not sufficient to re-establish a student’s financial aid eligibility.

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Additional Elements:

Treatment of Grades

A. Credits attempted: the number of credit hours for which a student is officially enrolled at the end of the free drop/add period each semester. Credits with grades of F, FN, I, W, IP, NC and Z count as credits attempted.

B. Credits earned: grades designated as A, B, C, D (including pluses and minuses), or S. Credits with grades of F, FN, I, W, IP, NC and Z do not count as credits earned.

C. Percentage completion is calculated by dividing the number of earned credits by the number of attempted credits: Earned credits ÷ Attempted credits = percentage completion

D. GPA calculation: includes grades of A, B, C, D, F, FN, and pluses and minuses associated with a letter grade.

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Academic Forgiveness
Credits for courses previously taken, for which academic forgiveness is granted, count in calculating percentage completion, maximum credits attempted and cumulative GPA for financial aid satisfactory academic progress.

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Audit Courses
Courses taken for audit are not funded by financial aid, are not used in calculating Satisfactory Academic Progress and do not count as credits attempted or earned for purposes of financial aid.

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Tri-College, Study Abroad, State University Common Market, ISEP, NSE, Consortium Agreements & other travel programs
Credits attempted and earned while participating in these programs are included in calculating satisfactory academic progress.

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Remedial/Developmental Credits
Identifies credits attempted for courses numbered less than 100, including Corrick Center courses. By MnSCU policy, up to 30 remedial credits are excluded in calculating maximum credits attempted but included in grade point average and completion percentage calculations.

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Repeated Courses
Students who repeat a course may receive financial assistance more than once for enrollment in the same course. MSUM’s academic policy states when a course is repeated, each enrollment is included in calculating the percentage of successfully completed credits at the end of the academic year, and the total number of attempted credits is used to determine length of eligibility. For example, a student enrolls in a three credit course, fails it and the following semester re-enrolls in the same course and earns a C. That student would have enrolled in six credits, but successfully completed only three credits. Repeating a course more than once results in the removal of only one previous grade from the GPA calculation. Once a student receives a C+, C or C- grade, the course may not be retaken again for a higher grade.

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Transfer Credits
Transfer credits accepted by and applied by MSUM toward a student’s general education, program, or degree requirements apply toward the maximum credits attempted calculation. They do not count as credits attempted for calculation of cumulative completion percentage, and grades associated with these credits are not used in calculating MSUM cumulative GPA.

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Withdrawals
If a student withdraws from MSUM before financial aid is available for distribution, the student forfeits financial aid eligibility, as defined by Federal and State program regulations. If a student withdraws from all enrolled courses for any reason during the semester after student aid has been distributed, the University refund policy will be followed as administered by the MSUM Business Office.

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Academic year: the period from August to May (Fall and Spring semesters). Summer is a semester trailing the academic year.

Calendar year: the period from January through December.

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last day attendance policy

Federal regulations require schools to monitor class attendance of financial aid recipients. Students who fail or withdraw from all classes must document the last day of active class participation (attended class, took a test, completed an assignment or paper). Students who do not participate in class beyond the 60th percent point of the semester are required to repay part or all of the financial aid disbursed.

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loan counseling
www.dl.ed.gov

Federal requirements for loan management and repayment affect student loan programs. Students who receive student loans at MSUM must complete an on-line entrance counseling session. Before graduating or leaving school for any reason, students are encouraged to attend an exit counseling session. Exit counseling for Perkins Loan is a separate requirement. Note: No Federal Direct Loan or Alternative Education Loan will be disbursed until loan counseling is completed. Information regarding loan repayments, deferments, and forbearance can be obtained from the Office of Scholarship and Financial Aid, from student loan lenders, or the Direct Loan Service Center. In the event you are unable to make timely payments, always contact the lender no later than when a payment is due.

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undergraduate/graduate requirements

Financial aid is available for classes taken at the student’s classification: undergraduate classes count only for undergraduate students; graduate classes count for only graduate students. (Undergraduate classes don’t qualify for graduate students.)

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A member of the Minnesota State Colleges and Universities System
an equal opportunity educator and employer | Accessibility Questions?
Contact Ashley Atteberry | 218.477.2174 | Updated 07/29/2008
MSUM | 1104 7th Ave South | Moorhead, MN 56563 | 1.800.593.7246