Section Navigation

2018 Thomas University Commencement ceremony

Managing Your Financial Aid

+Standards of Progress

It is important to be aware of your academic progress and how it impacts financial aid eligibility.

Your Satisfactory Academic Progress (SAP) is assessed after each term. If you have not made satisfactory academic progress, the Office of Student Financial Aid and Scholarships will work with you and your
advisor to get you back on track academically and help you keep your financial aid eligibility.

Who is Affected

联邦财政援助条例要求对接受财政援助的学生进行监督,以确保他们在完成学业方面取得令人满意的学业进步. All applicants for state and federal student financial aid are evaluated. Recipients of some alternative loans and scholarships also must meet these policy requirements.

What is Evaluated

  1. Completion Rate
  2. Grade Point Average
  3. Maximum Enrollment Limit
  4. Multiple Withdraws in One Year
  5. Multiple Terms Without Passing Grades

Details of each requirement are given below. You must comply with all four elements listed in this section to be placed in Good Standing for financial aid eligibility.

Completion Rate

You must have passing grades for at least 67% of both:

  • TU attempted credits
  • Overall attempted credits

Overall attempted credits are TU attempted credits plus all attempted transfer credits which appear on your grade record, with grades of : A, B, C, D, F, I, IP, M, NP, P, W, or X. Passing grades are courses with grades of: A, B, C, D, or P.

Cumulative Grade Point Average

You must maintain at least a 2.00 cumulative GPA for both:

  • Overall credits: TU credits plus all accepted transfer credits
  • TU credits

Maximum Enrollment Limit

本科生最高入学成绩为192学分,研究生最高入学成绩为90学分. This includes all TU attempted credits + all accepted transfer attempted credits. 如果你的成绩单显示你已经超过了你的最高尝试学分,你将立即被置于暂停资格状态.

Impact of Multiple Withdraws

如果你获得联邦或州财政援助,然后在大学的加/退期间在一个学年两次退出所有课程, you will be placed in Suspended eligibility status immediately after the second withdrawal.

Impact of Multiple Terms Without Passing Grades

If you receive federal or state aid and then have two terms in the academic year without any passing grades, you will be placed in Suspended eligibility status immediately after the second term of all non-passing grades.

When is Academic Progress Evaluated?

你的学习成绩将在每学期结束时进行审查,并确定你下学期的学业进展情况. If you have reached the 180 credit Maximum Enrollment Limit, you will be placed in Suspended eligibility status immediately. If you have a second term of total withdrawal within the Add/Drop period for the academic year, you will be placed in Suspended eligibility status immediately.

Warning Status

If you do not meet the completion rate and/or the GPA requirements, you will be placed in Warning status for the next term of enrollment. If you are in Warning status, you will be eligible to receive available financial aid for one term. However, you must complete an online Web Advisor Session within the first two weeks of the term. 本次会议将审查令人满意的学术进步政策,并提供旨在提高学术地位的资源. If you fail to complete this session within the first two weeks of the term, a hold will be placed on future financial aid disbursements until this session is completed. After your Warning term, disbursements may be delayed while your academic progress is reviewed. If you do not achieve Good Standing by the end of your Warning term, you will be placed in Suspended eligibility status.

Suspended Eligibility Status and Appeals

Students placed in Suspended status are not eligible to receive federal or state financial aid. In addition, 一些替代贷款和奖学金项目要求学生在令人满意的学术进步指导下表现良好.

If you are in Suspended status, you may submit an appeal in writing to the Office of Student Financial Aid & 证明特殊或不可预见的情况干扰您完成课程或满足政策的任何其他部分的奖学金.

Submitting an Appeal

上诉必须包括一份学术计划,该计划将使您获得良好的信誉或满足完成学位的任何剩余要求.  You will complete the Appeal in collaboration with your success advisor.

Appeals must be submitted by the end of the second week of the term. Appeals submitted after the deadline will be reviewed but late petitions may result in the loss of funding for the term. If an appeal is approved, you will be placed in Probation status and will be eligible to receive financial aid.

You must follow this Academic Plan for each term of Probation status until you reach Good Standing. If you do not pass the credits and/or earn the GPA given in the Academic Plan, you will be placed in Suspended status again.

Review your Satisfactory Academic Progress status in your Hawklink.

  • Log into your Hawklink
  • Select the aid year
  • Click my “My Financial Aid”

In Suspended Status?

  • Click on the “My To Do List” in your Hawklink. Complete and print the Satisfactory Academic Plan Form
  • Meet with an success advisor to discuss your status and Academic Plan
  • Submit the completed petition, with documentation, to Financial Aid

In Probation Status?

  • You must meet the requirements listed to continue receiving aid

In Warning Status?

  • Go to your Hawklink and click “My Financial Aid”
  • Click on the SAP Warning Video and complete the online session

+Appeals

If you have lost eligibility for financial aid, you have the opportunity to complete and submit an appeal documenting circumstances outside of your control. A financial aid appeal is used to regain conditional financial aid eligibility for a future term. You may not appeal financial aid eligibility for a previous term that has ended or, for unearned financial aid that was billed back to you through your student account because of a withdrawal.Select the appropriate appeal below and completed, sign and submit your appeal to the Office of Student Financial Aid and Scholarships. Loss of financial aid eligibility appeals typically takes two weeks to review. If you have previously submitted an appeal, your subsequent appeal may take longer.

Responses to your appeal (approved, denied, more information needed) are posted to your confidential messages center in your TU Student account (HawkLink).

This petition is for students whose eligibility for financial aid is in Suspended status due to any of these reasons: (1) having passing grades for less than 67% of attempted credits (low completion rate); (2) having a cumulative TU GPA that is below 2.00 for undergraduate or post-baccalaureate students or 3.00 for graduate students; (3) totally withdrawing twice within the Add/Drop period during the academic year; or (4) failing to meet the requirements imposed when a previous petition was approved.

There is a maximum enrollment limit for students receiving federal student aid, based on degree or program of study (see the Satisfactory Academic Progress Policy for details). 如果你已经达到学位或学习项目的入学限制,你可以使用此表格申请延长援助.

联邦学生援助免费申请(FAFSA)说明了用于确定学生家长是否必须提供援助申请信息的标准. If the FAFSA instructs you to provide parental information, but you have special family circumstances which prevent your parent(s) from completing the form, you may use this petition.

Graduate students must take courses that apply to their degree or certificate. At least 67% of all credits enrolled each academic year must be in graduate level courses. 此申请适用于未达到研究生水平学分注册要求的学生,至少占该学年总入学人数的67%.

+Withdrawing or Not Completing Courses in a Term

Withdrawing from school can impact your student financial aid for both the term you withdraw and also future terms. 学生的经济资助是为每一天的参与(例如:上课或在在线课程讨论中发帖)而“赚取”的。, 因此,如果你不能参加很多课程,或者没有参与的文件,那么你可能需要偿还部分或全部你收到的援助.

There are two types of withdrawals:

Official – all courses were dropped or withdrawn through the Office of Admissions, Registration, and Records.

当学生在完成60%的学期之前退学时,他们还没有“赚到”所有的联邦财政援助,并且必须进行第四章资金返还计算. We are required to return the lesser of the unearned portion of federal aid, or of the total institutional charges (tuition and fees, housing charges, etc.) billed to the student.

The unearned portion of the aid is returned to the lender or aid program. For example, if a student completes only 20 percent of the term, then he or she has failed to earn 80 percent of the federal financial aid that was disbursed or could have been disbursed, prior to the withdrawal.

If the return of the funds creates a balance due on the student account, the student will be responsible to pay the balance on their account.

Unofficial -课程没有被取消,成绩单上的所有成绩都不表明你参加了课程(例如:“X”(没有成绩基础))。, “M” (missing), “F” (fail), “W” (withdrawal) and/or “NP” (no pass))

Students who receive all “X” (no basis for grade), “M” (missing), “F” (fail), “W” (withdrawal) and/or “NP” (no pass) grades. Because these grades do not confirm attendance or participation, 学生必须提供至少一门已注册课程的最后出席日期证明. 这些学生将通过邮件通知,并提供出席证明表格,他们必须返回学生经济援助办公室.  Proof of attendance will also be requested from the professors.  When the Office received notification from the professors, the last date of attendance will be posted on the student’s online account.

If no proof is provided by the deadline established by the Office of Student Financial Aid, Students will be billed for a portion of the financial aid that was received.

Other impacts of withdrawing:

Dropping could begin your grace period for federal Stafford loans, or repayment if you have already exhausted your grace period. Find more information at Stafford Loan Repayment.

Withdrawing impacts your Satisfactory Academic Progress and could make you ineligible to receive aid in future terms.

It could also change your academic standing or other academic attributes (such as GPA) with the Office of Admissions, Registration, and Records, or with your department. If possible, please speak with your academic advisor prior to withdrawing to determine the full consequences of your studies.

+Repeat Coursework

Federal regulations limit how many times federal financial aid may be used to retake a course. Repeating coursework affects federal student aid eligibility in multiple ways.

    • Current Term Financial Aid Eligibility

Federal aid may only be used to retake a course one time after a passing grade (D- or better) is received.  即使在获得的成绩不符合部门要求的情况下,我们也不能对这一联邦规则做出例外. When a previously passed course is repeated a second time, we must adjust that student’s budget and federal aid to exclude it. This adjustment may result in a reduction or loss of federal aid eligibility for that term.

    • Pace of Completion

To stay in good standing for federal financial aid, a student maintains a pace of completion of at least 67%. Retaking a previously passed course will count against the pace of completion. See our Satisfactory Academic Progress webpage for more information on pace and maintaining eligibility.

    • Maximum Timeframe

In the majority of TU programs, students are allowed a maximum timeframe of 192 credits to complete their first bachelor’s degree. Repeating courses may cause a student to reach that maximum timeframe before their degree is complete. See our Satisfactory Academic Progress webpage for more information on the maximum timeframe and maintaining eligibility.

    • Aggregate Aid Limits

Multiple retakes may cause a student to reach the federal aggregate aid maximums before their degree is complete. Students should carefully track of how close they are to reaching these aggregate limits which, once reached, may not be appealed.

More information about the non-financial aid impact of repeating coursework may be found through the Registrar’s Web page or from your academic advisor.

+Retroactive Aid (aid for a term that has ended prior to disbursement)

Retroactive Aid must be disbursed based on completed grades/credits, or Census Date registration, whichever is LESS. This includes retroactive grants and loans. Grades that are considered “complete” are A, B, C, D, P, I or IP.To receive loan funds after a term ends, the student must successfully complete a minimum of half-time credits for the previous term(s). If the loan period included both the prior term and the current term, the student also must be enrolled a minimum of half-time in the current term to be eligible for any loan disbursement.

If the student is receiving a loan for just one term (e.g., fall term only), the financial aid award must have been offered and accepted before the end of that term. 联邦法规规定,只有在学生目前至少有一半的时间入学并且没有间隔的情况下,才可以证明已经到期的贷款.

+Loans

Repaying Student Loans

How to Repay Your Student Loans

When you graduate, drop below half-time, or withdraw from your academic program, you will receive a six-month Grace Period for your Direct Subsidized and Unsubsidized Loans and a nine-month grace period if you borrowed a Perkins Loan. Federal Graduate and Parent PLUS loans do not have a grace period.

You are required to complete Exit Counseling. Once your grace period ends, you must begin repaying your loan(s).

Federal student loans have a variety of repayment options which can be based on the amount you borrow, extended or based on your income.

Student Loans are a valuable resource for funding your education, so you need to be prepared to repay them when you have completed your degree, or are no longer enrolled at least half-time in an accredited program. This webpage will provide you with information on the different types of loans, how to manage your loans, repaying your loans, loan consolidation & forgiveness, and other valuable resources to help make informed decisions for repaying your federal student loans. You can estimate what your loan repayment will look like by using the helpful calculator at studentloans.gov.

Entering into Repayment

After you graduate, leave school, or drop below half-time enrollment, you have a period of time before you have to begin repayment. This "grace period" will be:
  • Six months for a Federal Stafford Loan (Direct Loan Program SM or Federal Family Education Loan (FFELSM) Program).
More information about repayment, payment plans, interest rates, and loan forgiveness can be found on the Federal Student Aid website.

Repayment Plans

There are multiple repayment plans to suit your needs. To help you choose the plan that is right for you, take the time to review your options. This sample loan repayment schedule can help you get started.
  • Standard - With the standard plan, you'll pay a fixed amount each month until your loans are paid in full. Your monthly payments will be at least $50, and you'll have up to 10 years to repay your loans. 根据标准计划,您的月供可能比其他计划要高,因为您的贷款将在最短的时间内偿还. For that reason, having a 10-year limit on repayment, you may pay the least interest.
  • Graduated - With this plan, your payments start out low and increase every two years. The length of your repayment period will be up to ten years. If you expect your income to increase steadily over time, this plan may be right for you.
  • Extended - Under the extended plan, you'll pay a fixed annual or graduated repayment amount over a period not to exceed 25 years. You must have more than $30,000 in outstanding loans. Your fixed monthly payment is lower than it would be under the Standard Plan, but you'll ultimately pay more for your loan because of the interest that accumulates during the longer repayment period. This is a good plan if you will need to make smaller monthly payments. Because the repayment period will be 25 years, your monthly payments will be less than with the standard plan. However, you may pay more in interest because you're taking longer to repay the loans. Remember that the longer your loans are in repayment, the more interest you will pay.
  • Income-Driven Repayment (IDR) -收入驱动还款计划旨在通过减少你的月供,使你的学生贷款债务更负担得起. Your payments under an income-driven repayment plan are usually a percentage of your discretionary income. That percentage varies depending on the plan. More information about IDR plans may be found at the Federal Student Loans website.
  • Public Service Loan Forgiveness-In 2007, 国会制定了公共服务贷款减免计划,以鼓励个人进入并继续全职从事公共服务工作. Under this program, 如果你在某些公共服务雇主的全职工作期间,根据某些还款计划偿还了120笔贷款,你可能有资格获得免除合格联邦学生贷款的剩余余额. Since you must make 120 monthly payments on your eligible federal student loans after October 1, 2007, before you qualify for the loan forgiveness, the first cancellations of loan balances will not be granted until October 2017. For more information on this program visit studentloans.gov. PHEAA is the only federal loan servicer designated for this program. More information may be found on the FSA website.
  • Teacher Loan Forgiveness-The Teacher Loan Forgiveness Program is intended to encourage individuals to enter and continue in the teaching profession. Under this program, individuals who teach full time for five consecutive, 在为低收入家庭服务的某些小学和中学完成学年并符合其他资格的学生可能有资格获得最多17美元的减免,500 in principal and interest on their FFEL and/or Direct Loan program loans. (Note: As of August 14, 2008, 如果借款人在一个或多个由十大网络彩票平台大全服务机构运营的地点提供了合格的教学服务,那么其他合格的借款人可能有资格获得宽恕.) For more information on this program visit Federal Student Loans Website.

Loan Forgiveness and Cancellation

There are multiple loan forgiveness and cancellation programs available for students that meet certain criteria. The most popular federal student loan forgiveness programs are:

Trouble Making Payments?

You have options! Always be sure to communicate with your federal loan servicer to avoid getting into trouble! Some of your options can include:
  • Deferment-a period in which payments of the principal balance are temporarily postponed if you meet certain requirements.
  • The government pays interest on Subsidized loans in deferment
  • Unsubsidized loans accrue interest which can be paid or capitalized
  • Types of Deferment
  • Enrolled at least half-time at an eligible school
  • A study in approved graduate fellowship or in a rehabilitation program for the disabled.
  • Unable to find full-time employment (up to 3 years)
  • Economic Hardship (includes Peace Corps Service) (for up to 3 years)
  • Some Armed Services situations (see exit counseling guide for criteria)
  • Forbearance-if you do not qualify for a deferment, it allows you to postpone or reduce monthly payment amount for a limited & specific period.
  • You are responsible for all interest that accrues and any unpaid interest is capitalized at the end of the forbearance.
These options are not automatic. You must contact your loan servicer and submit the appropriate documentation for consideration! AVOID Delinquency and Default! Although student loans are not initially based on your credit score, your repayment history will be reported to credit agencies and can affect your score once you begin repaying your loans. If you do default on your student loans you may face the following:
  • Loan balance due in full immediately
  • College records can be placed on hold
  • No longer eligible for loan deferment
  • No longer eligible for federal student aid
  • The account goes to collections
  • Your credit rating will be damaged
  • Federal & State income tax refunds can be withheld and applied to your debt
  • Your wages can be garnished
Don’t let this happen to you! Be sure to keep your loans current & communicate with your lender if you are having trouble making payments!

Loan Consolidation

A Direct Consolidation Loan allows a borrower to consolidate (combine) multiple federal student loans into one loan. The result is a single monthly payment instead of multiple monthly payments. More detailed information and advice are available on the Federal Student Aid website. Remember this is an option, not a requirement. Always work with your federal loan servicer to determine the appropriate course of action that works for you.
EDUCATION LOAN PROGRAM HOW TO START REPAYMENT
Federal Direct Stafford Loans (subsidized and unsubsidized)
  1. Complete student loan exit counseling online. (required)
  2. Set up and access your account on your Direct Loan Servicer's website to make sure your contact information is correct.
  3. Start making payments online on your Direct Loan Servicer's website. Other methods of payment can be found on their website as well.
  4. If you start having trouble making your payments contact your Direct Loan Servicer.
Federal Direct Parent PLUS Loans
  1. Complete loan exit counseling online.
  2. Set up and access your account on your Direct Loan Servicer's website to make sure your contact information is correct.
  3. Start making payments online on your Direct Loan Servicer's website. Other methods of payment can be found on their website as well.
  4. If you start having trouble making your payments contact your Direct Loan Servicer.
Federal Direct PLUS Loans for Graduate and Professional Students
  1. Complete student loan exit counseling online. (required)
  2. Set up and access your account with your Direct Loan Servicing agency and make sure your contact information is correct.
  3. Start making payments online on your Direct Loan Servicer's website. Other methods of payment can be found on their website as well.
  4. If you start having trouble making your payments contact your Direct Loan Servicer.
Private Student Loans (alternative loans)
  1. Contact your lender directly to set up a payment plan and explore methods of payment.
  2. Make sure to notify your lender if your contact information ever changes.
  3. If you start having trouble making your payments, contact your lender.

Thomas University

Education that Engages
...Empowers...
Transforms

1501 Millpond Road
Thomasville, GA 31792
229.226.1621
Contact Us