week of the semester, unless the student has contracted for the aid, i.e. athletics, music.
Title IV Financial Aid: Most types of government aid are included in this category, i.e. Federal Pell Grant, Federal SEOG Grant, Perkins Loan, Stafford Student Loan, PLUS Loan. (Work Study is not included in the withdrawal calculation)
Outside Aid : Outside organizations providing fi nanc ial aid are contacted when a student withd raws and receives a tuition refund that produces a credit on the student account. The organization can decide if any of the aid must be returned to them. Some organ iza tions 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. Satisfactory Academic Progress Policy Students attending Biola Un iversity who wish to receive financial aid, including federal, state, Veterans benefits, Social Security benefits, etc., in addition to meeting other eligibility criteria, must be in good academic standing and making satisfactory academic progress in their degree or certificate program. QUALITY OF PROGRESS "GOOD ACADEMIC STANDING" Students requesting aid must maintain a min imum cumulative GPA as follows: Minimum Cumulative GPA Undergraduates ......... .............................................................. ............................... 2 .0 Graduates .... . ..... .................... 2.5
State Aid: Includes Grants awarded by the California Student Aid Commission, i.e. Cal Grant A, B.
Institutional Aid : Includes all sources of financial aid awarded by Biola University, i.e. scholarships, grants and loans with the exception of employee or employee dependent tuition waivers. Outside Assistance: Includes any aid received from outside organi zations, i.e. churches, civic organizations, Employee Tuition Waivers, private foundations, scholarship associations, etc. When a student wishes to withdraw from Biola University, a "De parture Card" must be obtained from and submitted to the Office of the Regist rar The official withdraw date is the earlier of the date the student begins the withdrawal process, or the date the student provided official notification of the intent to withdraw, and received acknowledgement of the same from the Office of the Registrar. Students who unofficially withdraw (fail to submit departure card, but stop attending class) will be given an official withdrawal date determined by the last date of class attendance. If the last date of attendance cannot be determined, the official withdrawal date will be the 50% point of the semester. RETURN OF AID Title IV Aid: Federal aid must be returned to the Title IV program(s) if a student withdrew on or before completing 60% of the enroll ment period (semester or term). The percentage ofTitle IV aid to be returned is equal to the number of calendar days remaining in the semester divided by the number of calendar days in the semester. Scheduled breaks of more than four consecutive days are excluded.
GPA's are reviewed at the end of each semester.
Students who fail to ma intain the minimum GPA wi ll be given one semester of"Aid Probation" in which they must earn the above GPA (for that semester) or they will be suspended from the aid programs.
Once you have been on probation, you must continue achieving a 2.0 / 2.5 GPA or aid will be suspended.
First-time freshmen with a GPA less than 2.0 will be given one probation semester with aid .Transfer students with a GPA less than 2.0 are ineligibl e for aid.
If prior to withdrawing, funds were released to a student because of a credit balance on the student's account, the student may be required to repay some of the federal funds upon withdrawing.
Note:
QUANTITY OF PROGRESS "UNIT COMPLETION REQUIREMENT" Students requesting aid must make progress towa rd a degree as fol lows:
State Aid : State aid must be returned in the amount of the differ ence between the State aid awarded for the enrollment period and the actual tuition cha rged once the tuition refund is reflected. Institutional Aid: In most cases, institutional aid is reduced when a student withdraws during the first eight weeks of the semester. The institutional aid is reduced by the same percentage of tuition refund. For example, a student has a $1000 scholarship for the semester, and withdraws during the third week of the semester (80% tuition refund). The student keeps 20% of the scholarship, or $200. $800 is returned to the institution. Aid is usually not reduced aher the eighth
Undergraduates: Full-time ..... .. ................................................... 24 units per year Graduates: Full-time: .. .... ....... .... 18 units per year
Unit completion is reviewed at the end of each academic year in June. Summer is considered part of the spring semester for progress purposes.
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General Information
2005 · 2007 CATALOG
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