To receive federal financial aid for attendance at Nebraska Methodist College, students are required to make satisfactory progress toward completion of a degree or certificate. Below is a description of the minimum standards that must be met. These standards do not necessarily coincide with academic program requirements, which must also be met in order to receive aid.
This policy applies to recipients of the following Title IV and non-Title IV financial aid programs: Federal Pell Grant, Federal SEOG Grant, Federal Work-Study, Federal Direct Loans (Subsidized, Unsubsidized and PLUS), Nursing Student Loan, Nurse Faculty Loan, Nebraska Opportunity Grant program, as well as most NMC-funded grants and scholarships. The policy applies to all such recipients enrolled full-time or part-time in a credit-hour degree or certificate program at the undergraduate or graduate level.
To be considered eligible for the financial aid programs named above, a student must meet all of the following conditions:
1. Qualitative - Grade Point Average
2. Quantitative - Pace of Completion
Pace is calculated by the number of successfully completed credits divided by the total credit hours attempted. Students must successfully complete (pass) at least two-thirds (66.67%) of their cumulative attempted credit hours to stay on pace with the Maximum Time Frame requirements described below. For example, a student who has successfully completed 30 credit hours and attempted 40, pace would be 30 ÷ 40 = 75%.
a. Attempted credits are based on records maintained by the Registrar's Office and include courses for which the student receives a grade of A, B, C, D, F, I, NC, P, S, U, W, WF, or WX. Attempted credits do not include audited courses, validation credits, or courses dropped prior to the issuance of a W.
b. Successfully completed credits include those for which the student receives a passing grade (A, B, C, D, P, or S). Courses for which the student receives a grade of F, I, NC, U, W, WF, or WX will not be counted as completed.
c. Remedial coursework is treated no differently than other coursework.
d. Repeated courses count multiple times as attempted credits, but only once toward completed credits.
e. Transfer credits accepted by NMC are included in both the attempted credits and completed credits.
f. Grades of Incomplete are counted as attempted but not completed. If the student subsequently completes the course requirements and wants to request a recalculation of the percentage of credits completed, the student must notify the Financial Aid Office.
3. Maximum Time Frame
Students must complete all program requirements within 150% of the time it normally takes to complete the degree program (as measured in credit hours). Example: If the student's program of study requires 126 credits, the student must complete the degree by the time the student has attempted 189 credits.
a. If the student is enrolled in multiple programs the Maximum Time Frame will be based on the longest program.
b. If the student has changed programs, professional courses applicable to the first program will be excluded from the new program's attempted credit limit unless also required for the new program.
c. The student becomes ineligible for financial aid when it becomes mathematically impossible to earn the required credit hours for the program within the maximum time frame.
A student's financial aid eligibility will be suspended or terminated if any of the following occurs:
A student whose financial aid eligibility was terminated may submit an appeal to the Financial Aid Appeals Committee. Reasons for an appeal may include: death of a relative, injury or illness of the student, or other special circumstances. At a minimum, an appeal must include the following:
If the student's appeal is denied or the student fails to make progress during the Probationary Period, the student may re-establish financial aid eligibility after meeting the following conditions:
Students will be mailed written notification if their status changes as a result of the SAP evaluation.