Financial Aid

Adult Degree Program

Traditional Day Students

A College participating in the Federal Student Financial Aid programs must monitor its financial aid recipients to ensure that they are meeting satisfactory progress standards. A school's satisfactory progress policy for students receiving Federal Student Financial Aid funds must be at least as strict as the policy used for students who do not receive Federal funding.

Federal regulations mandate that the school's satisfactory progress policy must include both a qualitative measure (such as the use of cumulative grade point average) and a quantitative measure (such as a maximum time frame for completion) of your progress. While the qualitative measure is determined and monitored by the academic standards of the institution, the quantitative measure administered by the financial aid office is used to determine the number of credit hours completed when compared to those attempted.

To quantify academic progress NCWC is required to set a maximum time frame in which you are expected to finish a program. For an undergraduate program, the maximum time frame may not exceed 150% of the published length of the program as measured in academic semesters. Hence in NCWC’s case, if you are enrolled in an undergraduate program and enrolled full time, you may not receive Federal Financial Aid for more than 12 semesters.

NCWC is permitted to apply a more lenient completion standard in your first academic year and then gradually increases the completion standard for each subsequent academic semester. NCWC’s satisfactory policy explains as mandated how withdrawals, grades of incomplete, courses that are repeated, noncredit remedial course work and other attempted course work which is not completed affect the satisfactory progress determination. Procedures have been established that enable you to appeal a determination that finds you not making satisfactory progress.

The quantitative and qualitative standards used to judge satisfactory progress must be cumulative and includes all periods of your enrollment. Even periods in which you did not receive financial aid funds must be counted. If you do not meet the school's standards for satisfactory progress, you are not allowed to receive further funds from Federal Student Aid programs.

AWARD CRITERIA

Financial Aid Awards are based on the following requirements; non-compliance with these requirements may significantly alter or eliminate eligibility for assistance.

Acceptance by the College into an eligible program.

Full-time enrollment. Financial Aid may be available at reduced levels to those enrolled less than full-time.

The applicant is not in default on any federal student loan.

The applicant does not owe a repayment on any Federal Pell or Federal SEOG grant.

Maintaining Satisfactory Academic Progress as defined by the College for financial aid purposes (see Standards of Satisfactory Academic Progress below).

The Office of Financial Aid has been informed of all awards expected by a student from parties outside the College.
ENROLLMENT REQUIREMENTS

For financial aid purposes, a student must be enrolled in a degree program for a minimum of three credit hours in a semester. Others are limited to those with six or more hours, and some financial aid programs are limited to students who are full-time (12 or more undergraduate credit hours in single semester). Please check individual financial aid program descriptions for enrollment requirements.

Guidelines established for measuring Satisfactory Academic Progress limit total attempted hours to no more than 150% of the credit hours required to receive a first undergraduate degree (i.e., 124 hours required x 1.5 = 186 maximum allowable hours attempted) for Title IV financial aid eligibility).

SATISFACTORY ACADEMIC PROGRESS

Students who receive financial aid from any federal program authorized by Title IV of the Higher Education Act of 1965 must meet minimum standards of academic progress. These programs include:

Federal Pell Grants

Federal Supplemental Educational Opportunity Grants

Federal Work-Study

Federal Perkins Loan

Federal Stafford Loans

Federal PLUS (Parent) Loans

Certain state, institutional, and private assistance programs will also require that students maintain these standards of satisfactory academic progress.

STANDARDS OF SATISFACTORY ACADEMIC PROGRESS

A student is making satisfactory academic progress when:

S/he has earned the minimum number of credits expected for the number of terms enrolled at NC Wesleyan College. See the Satisfactory Academic Progress table, which illustrates cumulative credit expectations for full-time students. A student enrolled for less than full-time credit must make progress proportionate to what is illustrated in the table.

S/he has met the academic standard for continuing enrollment as published in the Catalog, including continuation based on appeal. Those basic standards are outlined in the Academic Standards Table. If you do not meet NC Wesleyan’s academic standards policy as it relates to dismissal, you will be ineligible to receive financial aid.

SATISFACTORY ACADEMIC PROGRESS MAXIMUM TIMEFRAME TABLES:

Students at North Carolina Wesleyan must successfully complete the minimum cumulative number of credit hours listed on the chart below by the end of the Spring semester each year.

Full-Time Students Six (6) Years 12 Semesters Minimum Accumulated Earned Credit Hours Required

Semester	1	2	3	4	5	6	7	8	9	10	11	12
Credit Hrs	3	12	21	30	39	48	60	72	84	96	108	124

Three Quarter-Time Students Nine (9) Years 18 Semesters Minimum Accumulated Earned Credit Hours Required

Semester	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17	18
CreditHrs	3	6	9	15	21	27	33	39	45	51	57	66	75	84	93	102	111	124

Half Time Students Twelve (12) Years 24 Semesters Minimum Accumulated Earned Credit Hours Required

Semester	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17	18	19	20	21	22	23	24
CreditHrs	3	6	9	12	15	18	21	24	30	36	42	48	54	60	66	72	78	84	90	96	102	108	114	124

Note: If enrollment changes, the student will be required to earn the applicable hours associated with the appropriate table.

Enrollment Status:

Full-time = 12 or more hours in a semester

Three Quarter-time = 9-11 hours

Half-time = 6-8 hours

TERMINATION OF FINANCIAL AID ELIGIBILITY

If a student does not meet the SAP minimum credits earned standard at the end of each spring semester, or does not meet the College’s academic standards policy as published in this Catalog, the student will be placed on financial aid probation. Students on financial aid probation must, by the end of the following Spring semester, meet the minimum number of credit hours in accordance with the chart above, and meet the College’s academic standards as published in this Catalog. If the student fails to do so, Title IV financial aid eligibility will be suspended.

REINSTATEMENT OF FEDERAL TITLE IV FINANCIAL AID ELIGIBILITY

Eligibility for financial aid may be reinstated in one of two ways:

1. Meeting the minimum number of credit hours per the Satisfactory Academic Progress Tables, by enrolling in and completing courses without financial aid from any Federal Title IV programs, and by meeting the academic standards policy as published in this Catalog.

2. The approval of an appeal submitted by the student to the Office of Financial Aid for presentation to the Scholarship & Financial Aid Committee. The appeal should include explanation and documentation of any unusual circumstances that might aid an appeal. Appeal guidelines are available from the Office of Financial Aid.

A student who has been academically dismissed from the College must appeal separately to the Academic Policy Committee for reinstatement to the College.