Financial Aid Eligibility Procedures Financial Aid Review, Eligibility, and Status:
When is a Financial Aid Eligibility Review?
Financial Aid Review
At the end of each semester, the financial aid eligibility of each student is reviewed to ensure compliance with the guidelines as stated above.
|Good||Meets quantitative and qualitative standards||Eligible to receive federally-funded financial aid.|
|Warning||Does not meet quantitative (GPA) OR qualitative (PACE) standard at the end of one semester.||Eligible to receive federally-funded financial aid for one additional semester. Student must develop an academic plan with the assistance of a retention specialist or success coach.|
|Suspended||Does not meet quantitative OR qualitative standard for two consecutive semesters.||No longer eligible to receive federally-funded financial aid. Student must pay out of pocket for B-CU expenses or submit an appeal and be approved to receive financial aid.|
Financial Aid Good
Meets quantitative and qualitative standards. Eligible to receive federally-funded financial aid.