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 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.
Georgetown Scholarships: A Four-Year Commitment
Your scholarships will be renewed through your eighth semester as long as you continue to meet the GPA requirements for the academic scholarships and continue to participate for the performance scholarships. You must file the FAFSA each year to renew your need-based assistance and if you continue to be eligible for the programs, your assistance will be renewed.
Renewal of Assistance Information
All aid offered by Georgetown is for four full years (eight semesters).¬† Academic scholarships of less than half-tuition require that you maintain a¬†cumulative GPA consistent with the standards of satisfactory academic progress, as outlined in the college catalog.¬†¬†The requirement for scholarships¬†of more than half-tuition¬†is a cumulative¬†GPA of 3.3.
Continued Eligibility Information
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:
- Earned First Year 20
- Earned¬† Second Year 40
- Earned Third Year 60
- Earned Fourth Year 80
- Earned Fifth Year 100
- The above standards will be prorated for part-time students.
- 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. Institutional scholarships and grants are limited to a maximum of eight semesters. State grants are limited to nine semesters. Course incompletes will not be counted until the course is completed and the final grade appears on the transcript in the Registrar‚Äôs Office. Repeating a course will count toward hours earned if:
- a passing grade was received, and 2) the course had not been counted previously toward hours earned.
- Review and Appeal Procedure: Students may request a waiver of satisfactory academic progress for financial assistance if there were special circumstances. The following procedure is required and is separate from academic procedures:
- An appeal should be sent to the Director of Student Financial Planning prior to the start of the academic period for which aid consideration is requested.
- The student must submit documentation as to the extraordinary circumstances leading to the request (e.g. sickness, death in the family, etc.). Students‚Äô satisfactory academic progress will be reviewed at the end of each academic year.
- The Director will review the appeal and notify the student accordingly.
- Students have the right to inspect information in their files and to challenge any errors found therein. To challenge contents of a file, a student must file a written request to the Student Financial Planning Office;
- Students have the right to request a review of their aid and aid amounts by the Director of Student Financial Planning;
- Students have a responsibility to report promptly any changes in their financial, marital, or academic status, as well as any scholarship or aid funds received from any outside source;
- Students must understand the seriousness of any loan commitments and their obligation to repay such loans and to keep the lender informed of their correct mailing addresses;
- Students must maintain satisfactory progress as explained under Criteria for Continued Eligibility;
- A student who receives financial assistance is responsible to efile a FAFSA each year;
- Students have a responsibility to promptly provide any additional documentation, verification, corrections, and/or new information requested by either the Student Financial Planning Office or the agency to which they submit an application.
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.
Personal Attention and Responsiveness
You can count on a response when you call¬†or e-mail us. You can also count on us to be available to help you with the process from start to finish. Please contact us for more information or if you have questions.