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Business Administration - John F. Kennedy University

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Quantitatively<br />

Because students at <strong>John</strong> F. <strong>Kennedy</strong> <strong>University</strong> pursue a variety<br />

of educational objectives, the number of units required for<br />

completion will vary from program to program. a standard<br />

academic year at <strong>John</strong> F. <strong>Kennedy</strong> <strong>University</strong> is defined as three<br />

terms (either three quarters or three semesters). in order to be<br />

considered making quantitative satisfactory academic progress,<br />

however, all financial aid applicants and recipients must adhere to<br />

the following guidelines:<br />

Unit Completion Ratio. students must complete (receive<br />

credit for or earn units in) at least 80 percent of all cumulative<br />

units attempted. The following marks are not considered units<br />

successfully completed:<br />

i incomplete<br />

W Withdrawal<br />

UW Unauthorized Withdrawal<br />

aU auditor<br />

NC No Credit<br />

F Unacceptable performance<br />

NR No Report<br />

FW Unauthorized withdrawal (College of law)<br />

Financial Aid Probation/Disqualification<br />

any student who fails to meet the satisfactory progress standards<br />

for either GPa or units completed percentage will be notified and<br />

placed on financial aid probation for one academic year (three<br />

terms). students are still eligible to receive federal aid while on<br />

financial aid probation.<br />

By the end of the probationary period, the student’s cumulative<br />

GPa and units completed percentage must meet the minimum:<br />

• 2.0 GPA for an undergraduate or for undergraduate courses<br />

completed during linking<br />

• 3.0 GPA for a graduate student or for graduate courses<br />

completed during linking<br />

• a score of 70.0 for law students.<br />

The student must also have completed at least 80 percent of<br />

cumulative units attempted. That being the case, the student<br />

would have met the conditions of the probation and financial aid<br />

would continue.<br />

When grades have been posted for the final term of the probationary<br />

period, any student still failing to meet either the qualitative or<br />

quantitative standards for satisfactory academic progress will<br />

be disqualified from receiving further financial aid. in addition,<br />

students are granted only one probationary period. once a student<br />

<strong>John</strong> F. <strong>Kennedy</strong> <strong>University</strong><br />

has used his or her probationary period and subsequently reestablishes<br />

eligibility, he or she will automatically be disqualified if<br />

he or she ever falls below the required minimums again.<br />

students who are dismissed by the <strong>University</strong> become ineligible<br />

for financial aid and all aid will be immediately discontinued.<br />

Appeal Process<br />

any student who feels that unusual or mitigating circumstances<br />

contributed to his or her being placed on financial aid probation<br />

may file an appeal, along with appropriate documentation of the<br />

mitigating circumstances, to the director of financial aid. Mitigating<br />

circumstances may include an illness, accident, or death in the<br />

family or other factors that are outside of the student’s control.<br />

The Financial aid appeals Form is available in the JFKU Financial<br />

aid office in Pleasant hill. The director of financial aid will review<br />

each appeal on a case-by-case basis within 30 days upon receipt of<br />

the appeal. if the director approves the appeal, additional term(s)<br />

of probation may be offered. if the appeal is denied, the student<br />

may submit an additional appeal in writing to the financial aid<br />

appeals committee. The committee will respond to the student, in<br />

writing, within 30 days upon receipt of the additional appeal.<br />

Reinstatement<br />

if, after a student has been disqualified from receiving federal aid,<br />

the student feels that he or she has improved his or her standing<br />

to comply within the financial aid academic standards set above,<br />

the student may petition the director of financial aid to have his or<br />

her financial aid eligibility re-established from that point forward.<br />

students may re-establish eligibility only one time.<br />

These policies are subject to federal, state, and institutional<br />

change without prior notice. The Financial aid office will make<br />

every attempt to advise students of impending change but cannot<br />

guarantee such notice. all students are subject to current standards,<br />

not the standards which were in effect at the time of enrollment.<br />

This is necessary to comply with any change in federal or state<br />

statute, regulation, or policy regarding student aid eligibility.<br />

Maximum Time Frame<br />

students will be ineligible for further financial aid when they<br />

exceed 150 percent of their program length. Because of the time<br />

limit on eligibility, students are cautioned that excessive instances<br />

of withdrawals, incompletes, or repeated or failed courses may<br />

result in future ineligibility for financial aid. students are also<br />

cautioned to be aware of limits on each student aid fund and to<br />

not exhaust eligibility through slow progress.<br />

Return of Title IV Funds<br />

General Information<br />

students receiving federal financial aid who withdraw, drop out,<br />

or are dismissed on or before the 60 percent point in time of the<br />

period of enrollment (calculated using calendar days), a portion of<br />

the title iv federal funds awarded to the student (federal stafford<br />

loans—subsidized and unsubsidized, federal PlUs loans—<br />

graduate or dependent, Perkins loan, Pell Grant, and FsEoG)<br />

must be returned, according to the Federal Formula for Return of<br />

title iv funds as specified in §484B of the provisions of the higher<br />

General Information 31

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