Agreement of Understanding
Federal, State and Cosumnes River College financial aid regulations/policy require that all students who receive financial assistance must make satisfactory academic progress (according to the policy listed below) toward the completion of their eligible program of study for a degree, certificate or transfer program. Your academic standing will be reviewed for satisfactory progress at the beginning of each semester at Cosumnes River College.
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FINANCIAL AID SATISFACTORY ACADEMIC PROGRESS POLICY |
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| 1. Maintain Progress - Complete at least 75% of units enrolled: | ||
| Progress Percentage = | (Total Units With "W", "I", "F", and "NC") (Total Units Attempted) |
= Must be 25% or less |
| 2. Maintain Minimum of 2.0 Grade Point Average (GPA) = Grade "C" or Better: | ||
| Grade Point Average = | (Total Grade Point Earned) (Total Units Attempted) |
= Must Be 2.00 or better |
| 3. Maximum Time Period or Unit Total toward program completion: | ||
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Completion of degree or 72 units or more attempted, whichever occurs first Students are required to complete an Appeal with an Academic Plan Acknowledgement signed by a CRC counselor |
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IF YOU DROP CLASSES, YOUR PELL AND CAL GRANT AWARDS WILL BE REDUCED!
All Pell Grant / Cal Grants awards are based on the Federal Pell Grant and the State Cal Grant full-time payment schedule. Adjustments will be made during the semester based on your actual enrollment status prior to disbursement. Subsequent adds in 6-week or 9-week classes will not increase your Pell or Cal Grant payments to higher amounts. It is your responsibility to notify the Financial Aid Office when you have completed those additional units at the end of the semester to be considered for a retro-payment.
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ENROLLMENT DESIGNATIONS ARE AS FOLLOWING: |
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Full-time status= |
12.00 more units |
EXAMPLE: AWARD PRORATION BASED ON ENROLLMENT STATUS FOR SEMESTER
( FOR YOUR ACTUAL AWARD, REFER TO YOUR AWARD OFFER LETTER )
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ENROLLMENT |
AWARD |
FIRST |
SECOND |
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FULL X |
$1,000 |
$ 500 |
$ 500 |
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3/4 X |
$750 |
$500 |
$250 |
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1/2 X |
$500 |
$ 500 |
0 |
For additional information about the Award Disbursement Information, Payday Schedules, Recalculation Dates, and the Satisfactory Academic Progress (SAP) click in their corresponding links.