Award Adjustments Information
Schools are allowed to use “professional judgment” in certain cases to re-evaluate a student’s award and/or Expected Family Contribution. Some examples include: loss of a job, decrease in salary, change in family status, unusual medical expenses, etc. If your family has endured one of these, or similar hardships, please contact the Financial Aid Office at firstname.lastname@example.org or (502) 863-8027 for more information.
Students who qualify and choose to live off-campus may have financial awards (from institutional monies) adjusted. Georgetown College is a residential college and all students with few exceptions are expected to live on campus.
Continued Eligibility Information
Continued Eligibility Criteria
In order to continue eligibility for receipt of financial assistance, the following criteria apply:
- Academic Eligibility: Specific GPAs are required to renew scholarships each year. Students have a full year in which to make the required average.
- Satisfactory Academic Progress Policy:
- Students must be matriculated in a degree program.
- Students must maintain a minimum grade point average sufficient to show satisfactory progress toward their educational objective as outlined here:
- 1-15 semester hours attempted: 1.6 cumulative GPA or above
- 16-30 semester hours attempted: 1.7 cumulative GPA or above
- 31-45 semester hours attempted: 1.8 cumulative GPA or above
- 46-60 semester hours attempted: 1.9 cumulative GPA or above
- 61 or more semester hours attempted: 2.0 cumulative GPA or above
- Credit Hours Earned: Regardless of the number of hours attempted a student must successfully complete and earn cumulative hours as follows:
- First year earn at least 20 hours
- Second year earn at least 40 hours
- Third year earn at least 60 hours
- Fourth year earn at least 80 hours
Review and Appeal Procedures
Students may establish an academic plan with the approval of the Director for Academic Success, and with the Student Financial Planning Office. Based on approved forward-progress goals, satisfactory academic progress for financial assistance may be approved and aid re-established. The following procedure is required is separate from academic procedures.
- An academic plan and appeal letter should be established (as noted above) and sent to the Director of Student Financial Planning by the end of the second week of the semester in which the student’s SAP (Satisfactory Academic Progress) probation begins. Exceptions to this policy may be made at the discretion of the institution.
- Student’s satisfactory academic progress will be reviewed at the end of each academic/payment period to ensure forward progress is being made and academic goals are met. In the event the academic plan goal is not reached, the student will not be permitted to receive Title IV funding. The Director will review the appeal and notify the student accordingly.
Re-establishing Satisfactory Progress
To have financial assistance reinstated, students must take the hours required to bring them up to the standard at their own expense.
Appeal Process for Financial Assistance Extension
An extra term may be approved by the Student Financial Planning Office to accommodate the student who changes majors or experiences extraordinary circumstances during the regular terms. Pell Grants are limited to the first undergraduate degree and have a Lifetime Eligibility maximum mandated by the Department of Education. Institutional scholarships and grants are limited to a maximum of eight semesters. State grants are limited to eight semester. Course incompletes will not be counted until the course is completed and the final grade appears on the transcript in the Registrar’s Office.