Financial Aid ~ Qualification

Federal and state regulations require that you make good progress toward your degree objectives in order to receive financial aid. Your entire academic history must be considered, including periods you attended school while not receiving financial aid.

Your enrollment will be reviewed every semester after grades are received. Progress is defined using three standards: credits completed per semester, credits completed toward degree, and academic standing.

Credits Per Semester

You must inform the Financial Aid Office of the number of credits you will take each semester. Your aid status and award will be based on the credits you indicate.

Undergraduate

  •  Fulltime ~ 12 or more undergraduate credits
  •  Three-quarter time ~ 9 to 11 undergraduate credits
  •  Half time ~ 6 to 8 undergraduate credits
  •  Less than half time ~ 1 to 5 undergraduate credits

Graduate

  •  Fulltime ~ 8 or more credits
  •  Three-quarter time ~ 6 to 7 credits
  •  Half time ~ 4 to 5 credits
  •  Less than half time ~ 1 to 3 credits

Once financial aid has been released, you are expected to complete all credits of enrollment. Grades will be reviewed at the end of each semester.

Passing grades are A, B, C, D, and CR. Grades of F, I, W, NC, SP, RD, UW, and AU are not passing and will place you in a credit-shortage status.

If you have completed fewer than the number of credits required for satisfactory academic progress, you will be placed in one of two classifications: financial aid probation or financial aid disqualification.

Financial Aid Probation

If you have a shortage of 1 to 12 credits, you will be placed on probation. You are still eligible to receive financial aid; however, if placed on probation, CSUMB encourages you to see a financial aid advisor to discuss ways to make up the credit shortage.

Financial Aid Disqualification

You will be disqualified from receiving financial aid if your total credit shortage exceeds 12 credits. You will be responsible to pay your own costs of education until reinstated.

Credits toward Degree

All credits attempted at CSUMB will be added to all credits attempted at other colleges, even if you did not receive aid while enrolled. The credit limits are as follows:

  •  Bachelor’s degree ~ 150 credits
  •  Second bachelor’s degree ~ 50 credits
  •  Teaching credential ~ 50 credits
  •  Master’s degree ~ 50 credits

If you exceed these limits, you will be disqualified from receiving further aid.

Academic Standing

CSUMB Admissions & Records monitors grade point average requirements. You must have minimum grade point average of 2.0 by the end of your second year. You will find additional information on grade point average requirements in the Registration & Records section of the CSUMB Catalog. If academically disqualified by CSUMB, you will not be eligible for further financial aid until the disqualification status has been cleared and you have been reinstated.

Reinstatement

Students often ask: Can my aid ever be reinstated if I become disqualified?

In the case of a credit shortage, you may attend school without financial aid and use the credits you complete to make up your credit shortage. After you have made up enough credits to reach the range that would place you on financial aid probation, your aid can be reinstated. You may take makeup credits at another school, but the credits you take must transfer to CSUMB and you must have completed the credits without financial aid.

In the case of excessive credits toward degree, you will not be eligible until you complete your degree and begin a new program of study.

In all cases, if you had extenuating circumstances that prevented you from making satisfactory academic progress, you may petition the Financial Aid Committee for a waiver of your status. Extenuating circumstances are generally defined as situations that are unexpected and outside of your control, such as medical or family emergencies. Documentation is required. Petition forms are available in the Campus Service Center.

 

Revised 7/1/05