Satisfactory Academic Performance
The Financial Aid Office at Thomas More College is charged with the responsibility of reviewing student academic performance in accord with applicable federal law and is also charged with monitoring student achievement in accord with TMC scholarship renewal policy. All entering students are automatically considered to be making satisfactory academic progress. All returning students must have their academic record reviewed annually and their cumulative grade point average monitored each semester in order to confirm that they are making satisfactory academic progress in their degree program.
In addition to reviewing all students for compliance with the satisfactory academic progress policy, all recipients of merit-based scholarships have their cumulative grade point average reviewed annually to determine the renewal status of their scholarship for the next academic year.
Any review by the Financial Aid Office is based upon the information provided to it by the Registrar of the College. After grades are posted, the Registrar provides to the Director of Financial Aid the cumulative grade point average, the number of credits attempted and the number of credits earned for each continuing student. In all instances, the Registrar is the final arbiter of the accuracy of the information. Because grades are not always available in a timely manner, your Award Summary may be considered tentative until such time as the academic review is completed. Should the funds need to be adjusted, a revised Award Summary will be prepared and sent to you for your signature.
Standards of Satisfactory Academic Progress to Maintain Financial Aid Eligibility
All students are expected to maintain a cumulative grade point average of 2.00 on a 4.00 scale. The Registrar, in accordance with the academic rules and regulations of the College, calculates the grade point average.
All students are expected to successfully complete at least 75% of all credits they attempt. The percentage is calculated by dividing the total number of credits earned at TMC by the total number of credits attempted at TMC.
Credits attempted are those for which the student is enrolled as of the end of the add/drop registration period for each semester.
Credits earned are those credits assigned a passing grade. Failure, withdrawal, and incomplete designations to the credits attempted are not considered credits earned. Credits that are repeated will be counted in the total credits attempted and the total credits earned.
The maximum timeframe for completion of the Bachelor of Arts (B.A.) degree is 5 years (10 semesters) of full time enrollment.
Review — Probation — Suspension — Appeal
Satisfactory progress will be determined at least once each year using the academic record of the student for all terms entered on the student’s transcript. The cumulative grade point average will be reviewed at the beginning of each semester.
Failure to meet any of the standards (1, 2 or 3, above) will result in the student being placed on financial aid probation. The maximum financial aid probationary period will be two semesters.
At the end of the financial aid probationary period, a student not meeting all standards will have their eligibility for financial aid suspended.
The decision of the Financial Aid Office to suspend a student’s financial aid may be appealed to the Financial Aid Committee under the following conditions:
- The student’s degree plan cannot be completed according to policy because of serious illness
- The student is caught between academic policy changes.
- The student’s degree plan changes.
- The Dean recommends appeal.
The Financial Aid Committee may reinstate a financial aid probationary period only when it is in compliance with applicable federal regulations and college policies.