Eligibility for financial aid funding is contingent upon a student maintaining a minimum standard of satisfactory academic progress. The federal financial aid programs affected by these standards include:
- Federal Direct Stafford Loan
- Federal Direct Graduate PLUS Loan
- Federal Perkins Loan
- Federal Work-Study
- Primary Care Loan
The School of Medicine also applies federal satisfactory academic progress standards to both institutional scholarship and institutional student loan program funding.
Qualitative Standard – Grade Average
The School of Medicine calculates grade average based upon a grading system of Honors, High Pass and Pass. Students must maintain both an annual and cumulative grade average of "Pass".
Quantitative Standard – Degree Completion Rate
Students must complete two-thirds (0.67) of the courses for which they are enrolled. We determine this rate by taking the total completed course credit hours and dividing it by the total registered course credit hours.
Financial Aid Warning, Probation and Loss of Aid Eligibility
Financial Aid Warning:
- Students who fail to meet either the qualitative or quantitative standards set forth in this policy will receive a financial aid warning;
- Students who receive a financial aid warning may continue to receive financial aid funds for one academic period.
Financial Aid Probation:
- Students who fail to meet either the qualitative or quantitative standards for one or more academic periods will be placed on financial aid probation;
- Students on financial aid probation may continue to receive financial aid funds for one academic period.
Loss of Aid Eligibility:
- Students on financial aid probation who fail to meet either the qualitative or quantitative standards will lose their financial aid eligibility;
- The loss of aid eligibility will continue until the student has met both the qualitative and quantitative standards established for their level of study.
In addition to the qualitative and quantitative standards, a student must complete the MD degree within six (6) years. The six year maximum does not apply to approved leave of absences for medical, personal or educational reasons.
Students who do not meet the minimum standards for satisfactory academic progress may appeal to the Financial Aid Policy Committee for reinstatement of their financial aid eligibility. Circumstances which may be considered as a basis for an appeal may include family emergency, death in the student’s immediate family, a student’s medical illness or injury, or other undue hardships. Appeals should be submitted in writing and must include relevant documentation. The Financial Aid Policy Committee must receive the written appeal no later than 60-days after the start of the academic period for which the financial aid is requested. Appeal decisions are final and are not further appealable.
To review the School of Medicine's entire policy on Satisfactory Academic Progress, please select "Academic Policies" from the Student Handbook.