Financial
aid awarded for the freshman year is normally renewable from year to
year provided that the evidence of need remains (in the case of need-based
awards), that funds continue to be available, and that the student maintains
satisfactory academic standards and progress toward the degree. Students
must apply for aid every year and are responsible for seeing that the
forms available in December are completed in time for the Financial
Aid Office to receive a report by April 15.
To continue receiving federal, state, and institutional
financial aid, students must initially achieve a minimum QPA of 1.40
at the end of the first academic year; 1.70 after twelve scheduled course
units; 1.80 after eighteen units; and 2.00 after twenty-four units.
Full-time students must complete a minimum of six course units each
academic year and must complete all degree requirements within a maximum
of ten regular terms. An evaluation of each student’s eligibility
is made annually, and eligibility may be withdrawn if a student is not
maintaining the prescribed standards. Students who are denied financial
aid for lack of academic progress may appeal in writing to the director
of financial aid. Further details of the policy are available from the
director of financial aid and are distributed with the initial financial aid
award each year via the Financial Aid Handbook.
In determining eligibility for federal student and parent loans,
the Financial Aid Office must apply the Satisfactory Academic Progress
Policy as well as the College’s criteria for class membership
which are based on the number of course units completed (see section
on Class Standing).
Further information on Moravian’s financial aid
program and information on student employment is available from the
Financial Aid Office, Moravian College, Bethlehem, Pennsylvania 18018,
610 861-1330.
