Financial Aid
• Student Affairs Home
• FAO Home
• Types of Aid
• Apply for Aid
• Financial Aid Counseling
• Forms
• Keep Your Aid
• FAQ's
• Contact Us

News/Announcements VGCC General Scholarship Application for 2012-2013 Summer 2012 Financial Aid-Bookstore Charging Dates

Important Links VGCC School Code:009903 VGCC Home Financial Aid Counseling Session 11-12 FAFSA Worksheet FAFSA Financial Aid Application Checklist Keeping Your Financial Aid WebAdvisor

Students receiving Financial Aid must meet all three STANDARDS OF ACADEMIC PROGRESS (SAP):

1. 2.0 Rule: Students must maintain a cumulative Grade Point Average (GPA) of at least 2.0 on a 4-point scale.
   
   
2. 67% Passing Rate Rule: Students are required to successfully complete at least 67% of courses attempted with a passing grade of A, B, C, or D. Transfer credit hours count as hours attempted and completed.
   
   Calculating Passing Rate:
   Credit Hours Completed divided by the Credit Hours Attempted=Passing Rate
   
   
3. 150% Maximum Time Frame Rule: The maximum timeframe for a student to complete a program is 150% of the published length of the program.
   
   Example: if 75 credit hours are required to complete a degree, the student may attempt a maximum of 113 credit hours before the student exceeds his/her eligibility for financial aid (75 credit hour program multiplied by 150% = 113). One academic year of credit (30 credit hours) may be added for required remedial coursework. After completing graduation requirements, one may possibly regain eligibility for an additional program of study. Transfer credit hours received from other colleges count in the 150% calculation.

Caution!

• The Standards of Academic Progress (SAP) for financial aid as defined above are different from the college's academic standards as stated in the VGCC Catalog.
• Students who change majors repeatedly may exceed the 150% limit of credit hours and lose their eligibility.
• Students prior to withdrawing from courses should discuss with a Financial Aid Assistant the potential consequences of withdrawing such as losing financial aid eligibility and overpayments.
  

Definitions of Academic Status and Terms

Academic Warning:
Students who fail to meet the Standards of Academic Progress (SAP)are placed on academic warning.They will be given one more termof federal or state financial aid. If all standards are met at the end of the next term, the probationary status is removed. If not, the student will be placed on Academic Suspension.

Academic Suspension: At the end of academic warning, students who still are not meeting the Standards of Academic Progress (SAP) will have their eligibility for financial aid suspended. Students may remain in school if they are satisfying the VGCC academic requirements; however, no federal or state financial aid will be provided until they have regained eligibility by meeting the requirements of SAP.

Appeals: Students suspended from financial aid may submit a Finacial Aid Academic Appeals Form to the Financial Aid Office. Documented extenuating circumstances will be given consideration for granting an appeal. The Financial Aid Academic Appeals Committee will review all appeals. It is important to know that the decision of the Financial Aid Academic Appeals Committee is final.