Policies Associated with Merit Aid
Statement of Standards: Students are required to maintain standard academic progress and remain in academic good standing to continue eligibility for financial assistance. Students who are applying for financial assistance are expected to be enrolled full time each semester during the academic year. Students enrolled less than full time must notify the Office of Student Financial Planning. Students enrolled less than full time will be subject to reductions in assistance. Full-time enrollment is defined as 12 credits or more. Please note that all institutional programs require students to be enrolled full time.
Federal Regulations require the University’s Standard of Academic Progress to include the following:
Quantitative Measure: To remain in good academic standing and retain eligibility for financial aid, students must successfully complete at least two-thirds of all hours attempted to include Pass/Fail, repeated courses, incompletes, and courses dropped after the last day to drop a course without penalty (as published in the academic calendar).
Qualitative Measure: Students must maintain the following minimum cumulative grade point average (GPA) on all attempted hours:
|For Hours Attempted:||Minimum GPA that must be maintained:|
|Fewer than 29||1.70|
|at least 29 but fewer than 60||1.80|
|at least 29 but fewer than 96||1.90|
|96 or more||2.0|
If the standards of academic progress (SAP) are not met then students have 2 courses of action available to them:
1. Academic Plan for Improvement with Karen Naylon in the Office of Academic Development.
Karen Naylon, Assistant Dean, 401 Smith Library, 336-888-6388; firstname.lastname@example.org
2. You have the right to appeal any decision of ineligibility to receive financial aid based on academic performance. Your appeal must be made in writing to the Satisfactory Academic Progress Appeals Committee using a SAP Appeal Request. Please note that an appeal based on your need for assistance or your lack of knowledge of the academic progress requirements to remain in good standing is not a valid justification for an appeal and will not be approved. An appeal should be based on some unusual situation or condition that prevented you from passing a sufficient number of courses attempted or maintaining the required GPA.
For additional information on SAP click here:
We’re glad you’re considering a semester, Maymester or summer abroad! When you’re ready to meet with a Study Abroad Advisor, please schedule an appointment by calling (336) 841-9280, or e-mail email@example.com for more information.
For information on Finances while studying abroad please visit http://www.highpoint.edu/studyabroad/finances/#tab2
To withdraw from High Point University, students must start by reaching out to the Office of Student Life on the third floor of the Slane Student Center. They are open daily from 8:30am – 5:00pm or may be reached via phone (336-841-9231), fax (336-841-4513) or email (firstname.lastname@example.org).
The federal government mandates that students who withdraw from all classes may only keep the financial aid they have “earned” up to the time of withdrawal. Title IV funds that were disbursed in excess of the earned amount must be returned by the University and/or the student to the federal government. This situation could result in the student owing aid funds to the University, government or both.
To determine the amount of aid the student has earned up to the time of withdrawal, the University will divide the number of calendar days the student attended classes by the total number of calendar days in the semester (less any scheduled breaks of 5 days or more). The resulting percentage is then multiplied by the total federal funds that were disbursed (either to the student’s university account or to the student directly by check or direct deposit) for the semester. This calculation determines the amount of aid earned by the student which he or she may keep (e.g., if the student attended 25% of the term, the student will have earned 25% of the aid disbursed). The unearned amount – total aid disbursed less the earned amount – must be returned to the federal government by the University or the student. The University will notify and provide instructions to students who are required to return funds to the government.
Funds that are returned to the federal government are used to reduce the outstanding balances in individual federal programs.
Financial aid returned (by the University and/or you or your parents) must be allocated in the following order.
If your circumstances require that you withdraw from all classes, you are strongly encouraged to contact Student Financial Planning and your academic advisor before doing so. At that time, the consequences of withdrawing from all classes can be explained and clearly illustrated. The Student Financial Planning Office can provide refund examples and further explain this policy to you and your parents.
You should also be aware that as a recipient of financial assistance, you must comply with the Satisfactory Academic Progress (SAP) Policy. By withdrawing, you may not be eligible for financial assistance from High Point University in the future, because you did not complete a specified number of credit hours for which aid was disbursed.
Is required when you withdraw, graduate, or drop below half-time attendance (even if you plan to transfer to another school)
Helps you understand your rights and responsibilities as a student loan borrower
Provides useful tips and information to help you manage your loans
May be completed at studentloans.gov
Military Tuition Assistance (TA) is awarded to a student under the assumption that the student will attend High Point University for the entire period for which the assistance is awarded. When a student withdraws, the student may no longer be eligible for the full amount of the TA funds originally awarded.
In order to comply with the Department of Defense policy, High Point University will return any unearned TA funds on a prorated basis through at least the 60% portion of the period for which the funds were provided. TA funds are earned proportionally during an enrollment period, with unearned funds returned based upon when a student withdraws. The unearned funds will be returned to the military Service branch accordingly.
Instances when a Service member stops attending due to a military service obligation, High Point University will work with the individual Service member to identify solutions that will not result in student debt for the returned portion.
The following will explain the percentage of return of Military Tuition Assistance Funds (TA) for any student who withdraws before the end of the 7th week of class. For any student who withdraws after the 7th week of class, no return of TA funds will be required.
Weeks of Enrollment Portion of TA funds to be returned
Withdrawal prior to 1st day of class 100%
During Week 1 of classes 87.5%
During Week 2 of classes 75.0%
During Week 3 of classes 62.5%
During Week 4 of classes 50.0%
During Week 5 of classes 37.5%
During Week 6 of classes 25.0%
During Week 7 of classes 12.5%
After the end of Week 7 0.0%