Financial Aid Essentials
Frequently Asked Questions
Satisfactory Academic Progress Standards
Students are only allowed to attempt a limited number of credit hours under federal financial aid guidelines. Credits may include college transfer credits, remedial credits and all other credits attempted at RCCC. All students receiving Title IV financial aid funds must meet Satisfactory Academic Progress (SAP) in order to receive Title IV funds. Academic history is reviewed for all students applying for financial aid, regardless of whether financial aid has been previously received.
All students receiving aid must successfully complete a minimum of 67 percent of cumulative credit hours attempted in order to continue receiving Title IV financial aid funds. For example, student attempts 35 credits and must complete 23 credits successfully (35 credits x 67 percent = 23 credits). Students must also maintain at least a 2.0 grade point average (G.P.A.) SAP will be evaluated each semester. (Successfully completed grades: A, B, C, D, S — Unsuccessful grades: W, F, R, I.) Failure to meet these standards may impact the student’s eligibility for financial aid and ability to register.
Max Time Frame-(150 Percent Rule)
Financial Aid recipients will be terminated upon reaching 150 percent of the number of credits needed to complete their degree, diploma or certificate program.
This regulation applies to all students, including those that have not previously received financial aid. For example, a student working toward an A.A. degree needs 60 hours to graduate. Once the student attempts 90 hours he/she is no longer eligible for financial aid. (60 hrs. x 150 percent = 90 hrs.) Under extenuating circumstances the 150 percent rule may be appealed, if you are graduating within the next semester. The 150 percent rule applies to all classes attempted by the student, including vocational and transfer hours. Students must make other arrangements to pay their tuition and fees if their financial aid is terminated and they do not appeal or their appeal is denied.
Students are allowed to receive financial aid for up 30 credit hours of remedial coursework. The successful completion of remedial coursework is not counted toward the 150% completion rule.
Repeated coursework is allowed as stated in the college catalog. However, these repeated courses count towards the calculation of 150% time limit.