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.
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BORICUA COLLEGE SATISFACTORY ACADEMIC PROGRESS CHART |
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| 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
|
|
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|
BORICUA COLLEGE SATISFACTORY ACADEMIC PROGRESS CHART |
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| 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
|
|
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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.
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PROGRAM PURSUIT PROGRESS CHART |
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|
1st year
|
2nd year
|
3rd year
|
4th year
|
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| 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 |
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| MINIMUM REQUIREMENT: |
6 credits
|
9 credits
|
12 credits
|
12 credits
|
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|
Note: Beyond the 4th Year, 12 Credits (100%) is standard. |
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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:
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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% |