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New Students

January applicants can expect to receive a notice

instructing them where to retrieve their award by

mid March. Be aware, the “wait period” between

application and award lengthens the longer one

waits to complete financial aid paperwork. The

statement of principles of good practice, established

by the National Association for College Admission

Counseling, permits first year candidates for fall

admission to choose, without penalty, among offers

of admission and financial aid until May 1. After May

1 students have 15 business days to respond to their

financial aid offer or their financial aid is subject to

cancellation.

Continuing Students

Continuing students will be notified of their financial

aid offer through an e-mail instructing them how to

retrieve their financial aid award. January applicants

can expect to receive a letter by mid March although

the “wait period” between application and award

lengthens the longer one waits to complete financial

aid paperwork. Students have 15 business days to

respond to the financial aid offer (either in part or

in whole). Aid is subject to cancellation after 15 days

if no response is received.

Verification

Verification is the process of confirming the accuracy

of information reported on the FAFSA. All students

selected for verification by the Federal Government

are required for verification at The Master’s College.

A student required for verification will need to submit

a Federal Verification Worksheet and complete IRS

Data Retrieval or IRS transcript. This process is

required of The Master’s College by the Federal

Government in order to help maintain the integrity

of the Federal Student Aid program.

Online Awards

Award letters contain confidential information and

are located on TMC’s secure site. In order to keep the

site secure, students are not to share their password

with anyone, including their parents.

SATISFACTORY ACADEMIC PROGRESS

E

ach student must maintain a cumulative

grade point average (GPA) of 2.00 or higher

for each semester of attendance. Cumulative

GPA is based on institutional credit hours only.

A student must also complete 80 percent of the

institutional units he/she has attempted. For

example, a student who attempts 30 credit hours for

the first year must complete 24 of those credit hours.

A student who has attempted 60 credit hours by the

end of the second year must have completed 48 of

these credit hours. A student must also demonstrate

progress toward graduation. The time-frame in which

a student finishes his degree cannot exceed 150

percent of the published length of the program. For

example, for an academic program with a program

length of 122 units, the time-frame of completion

cannot exceed 183 units. Part-time students must also

complete 80 percent of their attempted units. “F”

grades, incompletes, withdrawals, and “no credit”

marks affect your GPA as outlined in this catalog.

Evaluation of Student’s Progress

GPA and unit evaluation is done at the beginning of

each semester. If either of the criteria are not met at

their times of evaluation, the student will be notified

of his/her failure to meet the qualifications and the

student will be placed on Financial Aid Warning.

Financial Aid Warning for Failure to Meet

the GPA Requirement

If a student is put on Financial Aid Warning for

failure to meet the cumulative GPA requirement, the

student has one semester to receive a cumulative GPA

of 2.00. The student must maintain a 2.00 cumulative

GPA for one semester before being removed from

Financial Aid Warning.

If, within the semester of the beginning of

Financial Aid Warning, the student does not

receive a cumulative GPA of 2.00, the student will

have all financial aid suspended until they have

met the 2.00 cumulative GPA requirement.

After

maintaining a 2.00 cumulative GPA for one semester,

the student will again be eligible for financial aid.

If a student is academically suspended, the student

must complete the readmission procedures for an

academically disqualified student as outlined in the

student catalog. The student must then meet the 2.00

cumulative GPA requirement for one semester before

that student will be eligible for financial aid. After

such a time as the requirements have been met, the

student may again apply for financial aid.

The Master’s College 2015-2016 Catalog

24

THE COLLEGE