Business Administration - John F. Kennedy University
Business Administration - John F. Kennedy University
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