Office of Financial Aid

Keeping your Financial Aid

Financial aid regulations require that a student must make satisfactory progress to remain eligible for financial aid.  Financial aid programs affected by this policy include the following:

• Federal Pell Grant
• Federal Perkins Loan
• Federal Work Study
• Federal Supplemental Education Opportunity Grant
• Federal Direct Loans
• Federal PLUS Loans
• Michigan Scholarships & Grants
• Institutional Scholarships & Grants
• Loan & Work Programs

The following policy is the minimum requirement for all types of financial aid; however, there are some types of aid with more stringent requirements (see scholarship requirements).

• Every student must maintain a minumim grade point average (GPA) of 2.0 each semester to remain in good academic standing.  Students not meeting the standard will be placed on academic probation for one semester. Students may be granted a second probationary semester, however, students with 19 credits or more will not be granted a second probationary semester if their cumulative GPA is 1.60 or less.
• This standard is enforced by the University’s Scholastic Standards Committee each semester. Students who do not meet the academic standard will not be eligible for aid after their probationary period. To petition the Scholastic Standards Committee for readmission, students must follow the guidelines listed at http://www.lssu.edu/advising/handbook/index.php.
• Students who are notified by the Scholastic Standards Committee about their academic standing should not assume that finanical aid will automatically be reinstated if their petition is granted. Financial aid requirements are more stringent in some cases and include quantitative standards. Quantitative standard appeals must be sent separately to the Financial Aid Committee (see link below).

NOTE: Semester hours include transfer credit hours.

More Information

• Financial Aid Appeal Process
• Satisfactory Academic Progress Sheet (pdf)
• Quantitative Standards Requirements
• Scholarship Renewal Requirements