[Cpcommunicator] Timely posting of final grades important for financial aid
>From Shane Jeter
With the end of the spring semester approaching, this is a reminder
about final grades.
We cannot stress enough the importance of submitting grades on time for
the financial aid process of satisfactory academic progress (SAP). SAP
is a Department of Education-mandated process completed each semester to
determine if a student maintained minimum standards during the semester
to continue receiving financial assistance.
We have had instances in the past where not all grades were submitted on
time and ineligible students were permitted to receive aid. It was not
until all grades were in that they were determined to be ineligible, and
we had to bill the student and return funds to the Department of
Education. This is a disservice to students and increases college
liability.
The spring term ends on May 10, and grades are required to be posted
within 48 hours. Students will begin purchasing books using financial
aid on May 14. All grades must be in no later than May 13 so that we can
complete the SAP process to prevent ineligible students from receiving
aid.
Thanks for your help.
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