Satisfactory Academic Progress (SAP) – Financial Aid Criteria 
The chart below summarizes the student academic progress over the years of study for the baccalaureate degree requiring a minimum of 132 credits over 5 years of study. New York State Higher Education Services Corporation (NYHESC) regulations for financial aid purposes require a student to register for a minimum of 12 credits or more per term in order to be on full time status in the Fall and Spring terms, and minimum of 8 credits in the Summer term.

BORICUA COLLEGE SATISFACTORY ACADEMIC PROGRESS CHART
PROGRAM: ASSOCIATE DEGREE

Calendar:  Semester
BEFORE BEING CERTIFIED FOR THIS PAYMENT:
1st
2nd
3rd
4th
5th
6th
A STUDENT MUST HAVE ACCRUED AT LEAST

THIS MANY CREDITS:

0
6
15
30
45
60
WITH AT LEAST THIS GRADE POINT AVERAGE:
0
1.5
1.8
2.0
2.0
2.0

TAP EMERGENCY ENACTMENT ACT Effective 2013-2014 Academic Year

BORICUA COLLEGE SATISFACTORY ACADEMIC PROGRESS CHART
PROGRAM: BACCALAUREATE DEGREE

Calendar:  Semester
BEFORE BEING CERTIFIED FOR THIS PAYMENT:
1st
2nd
3rd
4th
5th
6th
7th
8th
9th
10th
A STUDENT MUST HAVE ACCRUED AT LEAST THIS MANY CREDITS:
0
6
15
30
45
60
75
90
105
120
WITH AT LEAST THIS GRADE POINT AVERAGE:
0
1.5
1.8
2.0
2.0
2.0
2.0
2.0
2.0
2.0

TAP EMERGENCY ENACTMENT ACT Effective 2013-2014 Academic Year

Program Pursuit Policy for Financial Aid
Program pursuit is defined as receiving a passing or failing grade in a certain percentage of a full-time course load in each term for which an award is received. The percentage increases from 50% of the minimum full-time course load in each term of study in the first year for which an award is received, to 75% of the minimum full-time course load in each term of study in the second year for which an award is received, to 100% of the minimum full-time course load each term thereafter.

PROGRAM PURSUIT PROGRESS CHART

1st year
2nd year
3rd year
4th year
BEFORE BEING CERTIFIED FOR THIS PAYMENT:
1st
2nd
3rd
4th
5th
6th
7th
8th
9th
10th
11th
12th
PROGRAM PURSUIT:
50% of full time
75% of full time
100% of full time
100% of full
time
MINIMUM REQUIREMENT:
6 credits
9 credits
12 credits
12 credits

Note: Beyond the 4th Year, 12 Credits (100%) is standard.

Attendance Policy for Financial Aid
The federal government will reduce the amount of a Federal Grant and Direct Loans student based on their attendance record. Therefore, all institutions participating in the Student Financial Aid programs must determine a policy framework by which to refund the federal government for a student’s lack of attendance.

Federal regulations 34 CFR Section 668.22 provides the guidelines for determining the refund policy based on a student’s “Last Date of Attendance.” Boricua College’s policy is presented below:

FEDERAL REGULATED REFUND POLICY
(Effective July 1, 1995)
Stopped Attending Student’s Award
From 0 day – 1st Day of Classes 0%
From 2nd day – 1.5 week 10%
From 2nd week – 4th week 50%
From 5th week – 7.5 week 75%
8th week and beyond 100%