Eligibility for federally sponsored financial aid shall be determined by both qualitative and quantitative criteria as defined below:

Qualitative Standards
During attendance, including transfer work, a student must not have a quality point deficiency, which would require an academic suspension after reviewed by the academic policies committee.

Undergraduate students must maintain a 2.0 GPA and graduate students must maintain a 3.0 GPA to receive Federal Aid.

Quantitative Standards
The maximum time for a full-time student to complete their degree program shall be a 150% of the published length of the program measured in academic years. Also, a student shall have earned the following minimum number of hours at the conclusion of each academic year (measured as a period of time, not by the student = s grade level) of attendance at Averett. An academic year is the successful completion of 24 credit hours and 40 weeks of in class time for an undergraduate student and 18 credit hours and 40 weeks of in class time for graduate students.
* Includes hours transferred in to Averett University.

Quantitative standards are reviewed at the end of each student = s academic year (measured as a period of time, not by the student = s grade level) of attendance at Averett.

Financial Aid Probation
Students who are placed of either academic probation and/or considered for academic suspension will also be placed on financial aid probation. Note: If quantitative standards are not met, students are placed on academic suspension.

Financial Aid Suspension
Students who are academically suspended or do not meet the quantitative financial aid standards (reviewed at the end of the students academic year) will be placed on financial aid suspension.

Withdrawal from course
Students who withdraw from a course will be evaluated for satisfactory academic progress in accordance with the academic record that results. Therefore, courses for which grades of (WF) are counted as hours attempted and are treated as though the grade were an F.

Incompletes
A grade of incomplete (I) is counted in hours attempted for federal financial aid purposes.

Repeat Courses
The first five courses, which are, repeated result in the removal of the first attempt(s) from the computations in the student's academic record although they still appear in the record. Consequently, the hours attempted, grade point averages, and hours earned are removed when the new grade is recorded.

Only the new grade is considered in satisfactory academic progress evaluations.

Financial Aid cannot be used to cover the cost of tuition for repeat courses.

Fundamental Courses
The courses Math 100 is not included in calculations of grade point average (qualitative) nor is it included in the (quantitative) criteria for satisfactory academic progress or graduation and cannot be covered by financial aid.