120|Page financial aid progress by the end of the warning term, they will lose all federal Title IV aid until they have met the following financial aid progress requirements or are granted a semester of appeal. The financial aid progress policy is a two-part policy: 1. Successfully complete 2/3 of the total cumulative credits attempted (credits attempted are all credits which the student is enrolled in at the end of Drop/Add). 2. Maintain a cumulative 2.0 GPA. Every time a course is repeated, it will be included in cumulative credits attempted. However, the repeated course will only be counted as credits earned the first time a passing grade is received. Only credits earned from a course in which the student was actually enrolled will count for financial aid progress. CLEP credits, credits received by challenge exam, and credits received as a result of placement testing to determine proficiency are not included in the financial aid progress formula and cannot be used to make progress. Students who need to raise their GPA will need to take classes at Kutztown University, as transfer credits do not affect the GPA at KU. Taking classes at another institution will increase a student’s completion average, but will not necessarily be enough to regain financial aid eligibility. Academic progress for the PA State grant is measured differently. For each semester a student receives a full-time grant they must complete 12 credits; for a part-time grant six credits are required. Classes that were previously passed and are repeated do not count as completed a second time. Student Scholarships Institutional scholarships are awarded through the admissions process. Most of those scholarships are for eight semesters (six for transfer students). For renewability, students must complete 24 credits and have a cumulative GPA of 2.50 or higher. Foundation scholarships are also awarded to students based on the donor’s criteria. The majority of these scholarships are awarded by academic departments and athletics. Many of these scholarships require the student to be a sophomore or higher so not all Foundation scholarships are available for new students. Withdrawing & Impact on Financial Aid Financial Aid Services strongly recommends that a student who is considering withdrawing from a course or from an entire semester meet with a financial aid counselor before taking any action. The counselor can explain how the withdrawal will affect the student at the time of the withdrawal or in subsequent semesters for measurement of financial aid progress. Also, based on the return of funds calculation for the different types of aid, the student could be obligated to repay any refunds from financial aid that the student was given prior to withdrawing or the student could owe the Office of Student Accounts for costs that are no longer being covered by financial aid based on the withdrawal date. Please visit the Financial Aid Office (http://www.kutztown.edu/financialaid) website or contact the office for assistance.
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