The academic achievement of all students who qualify and receive federal financial aid will be evaluated employing two indices, as follows:
Retention Index (Qualitative Element)
This index is defined as shown in Table B.
Table B
Retention Index (Qualitative Element)
Total Credit - Hours Range
Minimum Grade Point Average
0 - 36
1.50/4.00
37 - 72
1.65/4.00
73 - 108
1.80/4.00
109 or more
2.00/4.00
Percentage of passed credit-hours (Quantitative Element)
The student must pass no less than 66% of all attempted credit-hours. The student must complete all the graduation requirements within the time frame of 150% of the total credit-hours of program chosen. The calculation of the 150% takes into consideration the student’s academic history. The student is not qualified to receive any further financial aid after reaching the150% limit. The Financial Aid Office will measure annually, the student Academic progress during the summer term. If it is the first time, in which the student doesn’t meet the Academic Progress Policy, the student will be in a limited probationary period (one year) and will continue to receive financial aid; if not the student will not be eligible for financial aid. The Financial Aid Office will inform the students in writing.
