Financial Aid Formulas

MINIMUM CUMULATIVE GRADE POINT AVERAGE

  • 2.0 or Higher
  • GPA Calculation:
    • Points / Attempted = GPA

MINIMUM COMPLETION RATE

  • 67% of cumulative hours
  • Pace of Completion Rate Calculation:
    • Cumulative Hours Completed/Cumulative Hours Attempted = Pace of Completion Rate
    • Example: 30/60=50% Pace of completion rate

MAXIMUM TIME FRAME

  • 150% of the length of the degree or certificate
  • Maximum Time Frame Calculation:
    • Total number of hours in degree/certificate x 1.5 = 150% of degree/certificate