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Financial Aid Eligibility

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 An evaluation of each student’s eligibility is made annually, and eligibility may be withdrawn if a student is not maintaining the prescribed standards.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 each financial aid award.

In determining eligibility for guaranteed student 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). In applying these criteria, loan levels 1, 2, 3, and 4 correspond to Freshman, Sophomore, Junior, and Senior standing respectively.

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.

 












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