Maximum Time Frame to Complete the Program
The student must complete the program within a time frame that does not exceed 150 percent of the published length of the program for full-time students.  For example, a two-year option student with no transfer credits would normally complete the program by taking 68 credits. If unusual circumstances arise that force the student to transfer to the three-year option or to take an approved leave of absence, that student’s aggregate credit total may not exceed 102 credits in order for that student to maintain satisfactory academic progress and receive financial aid.  This standard includes all periods of enrollment, even those for which the student does not receive aid from the Title IV program.

Withdrawals and/or Grades of Incomplete
If a student withdraws from a course or receives a grade of Incomplete, that student will still be expected to adhere to the quantitative and qualitative standards of the satisfactory academic progress policy stated above.

Refund Policy
Students who withdraw from courses may be entitled to a refund.  The official date of withdrawal determines the refund based upon a pro rate refund policy consistent with federal regulations.  Actual days of attendance are utilized in calculating the pro rate refund.  Students are required to withdraw officially, in writing.  Further information relative to the School’s official withdrawal policy can be found in the Student Handbook.

Waivers for Special Circumstances
If a student does not meet the School’s standard for satisfactory academic progress, he/she may not receive further financial aid. In cases of extenuating circumstances, the School may waive the satisfactory progress requirement, consistent with federal and state regulations.

Appeal Process
A student may appeal a financial aid decision by submitting a letter to the Dean. Decisions will be made on a case-by-case basis, and the student will receive the decision in writing, within ten working days following submission of the letter of appeal.

Reinstatement of Aid
If a student initially fails to make satisfactory progress but later meets the standards, his or her eligibility for aid will be reinstated for the semester in which he or she regains satisfactory progress. If a student is dismissed from the program for failure to maintain satisfactory progress, the sole means to reestablish eligibility for financial aid is to be accepted for readmission to the School.

Necessity for Repaying Loans
Students are obligated to repay the full amount of their loan(s) even if they: (a) do not complete the program, (b) are unable to find subsequent employment or, (c) are otherwise dissatisfied with the education acquired from the School.

When students borrow money from the Federal Family Education Loan Program, they are required to repay that amount plus interest. Repayment will begin six months after graduation or six months after the time the student fails to maintain a minimum half-time course load.  Entrance and exit counseling services are required for students to receive their loans and to facilitate debt management.