Financial Aid Information
must be returned to them. Some organizations specify beforehand the terms of their scholarship if a student withdraws. Unless requested, outside aid sources are not contacted when the withdrawal occurs after the eight week refund period. Alternative Loans: Alternative loans are only adjusted upon request of the student. Returning excess funds remains the responsibility of the student. Satisfactory Academic Progress Policy Students attending Biola University who wish to receive financial aid (including federal, state, Veterans benefits, Social Security benefits, etc.), in addition to meeting other eligibility criteria, must maintain satisfactory academic progress in their degree or certificate program as described below. Quality of Progress “GPA Requirement” Students requesting aid must maintain a minimum
for extended time by submitting a letter of petition to the Financial Aid Office. Financial Aid Suspension Appeals Any student whose aid has been suspended may appeal for a term of aid probation, by completing the “Financial Aid Suspension Appeal Form,” which is available on the financial aid website. By the end of the probation term, the student must meet all Satisfactory Academic Requirements, as specified above, to regain financial aid eligibility.
cumulative GPA as follows: Minimum Cumulative GPA: Undergraduates
2.0 2.5
Graduates
• GPA’s are reviewed at the end of each academic term (Fall, Spring, and Summer). • Students who fail to maintain the minimum GPA will be given a warning status for one academic term, during which they will continue to receive financial aid. At the end of the term, the cumulative GPA requirements must be met, or they will be suspended from their aid eligibility. Quantity of Progress “Pace Requirement” Students requesting aid must complete 80% of all credits attempted. Pace is reviewed at the end of each academic term (Fall, Spring, and Summer). Students who fail to maintain the pace requirement will be given a warning status for one academic term, during which they will continue to receive financial aid. At the end of the term, the Pace Requirement must be met, or they will be suspended from their aid eligibility. Duration of Progress “MaximumTime Frame” Students requesting aid are expected to complete an academic program within a reasonable time frame (including transfer credits) as follows: Undergraduates: Full-time: 11 semesters Part-time: 17 semesters Graduates: Full-time: 11 semesters Part-time: 17 semesters
Time frame is reviewed at the end of each academic term (Fall, Spring, and Summer). Students may appeal
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