I just was put on Academic Probation will I get Financial Aid?

Question

I did well my first semester in college, but second, not as well, and was just informed this summer that I am on academic probation. Will I still recieve financial aid? I know if you don't do well after your put on probation they take you off, but I've just been put on, so will I still be eligible for BOG fee waiver and the Pel Grant?

Answer 1

To receive Perkins Loan, Stafford Loan, Plus Loan, Pell Grant, Work-Study, State, or Supplemental Grant Funds, a student must be making “satisfactory progress” toward completing his/her academic program. For purposes of this standard, the student must maintain a 2.0 overall grade point average for undergraduates/3.0 for graduate students and successfully completed 80% of all hours attempted. This measure begins for the undergraduate student at the end of the first year and begins immediately for graduate students; this standard is measured annually. (Hours attempted include repeated courses, dropped courses, withdrawals, and incompletes.)

Answer 2

This may vary from school to school, so contact your financial aid office...but do it SOON so that you can do whatever you need to in order to keep getting your financial aid!

Answer 3

Most likely you can still gt your aid if you keep your grades up between now until after winter semester.

Answer 4

The answer is most likely yes, you will be eligible for aid while on academic probation.

HOWEVER - academic probation is your "final warning", so to speak. The next step is financial aid suspension.

Most schools require that students on academic probation must complete some sort of paperwork and academic counseling. You're going to need to check with your financial aid office immediately, in order to determine your school's policy.

Keep this in mind - your school has little (and really NO) leeway to grant you a special "consideration" next semester. There are a lot of people who come here asking about the likelihood of a successful financial aid appeal - the fact is that the federal aid programs have specific rules that forbid the schools to award further federal aid to anyone on financial aid suspension. They can't be "nice guys" and cut you some slack.

Either you get your grades up above the school's Satisfactory Academic Progress standards, or the financial aid will be canceled.