Page 60 - Texas Wesleyan Univ Catalog

58 Texas Wesleyan University
Federal Parent Loan for Undergraduate Students (PLUS)—Funding for this unsubsidized loan is provided through the federal government and is NOT based on need. The parent of a dependent undergraduate student may apply for this loan and does require a favorable credit approval for funding.
Hinson-Hazlewood College Access Loan (CAL)—Funding for this loan is provided through the Texas Higher Education Coordinating Board (THECB) to Texas residents or recipients of competitive academic scholarships. This process may take up to 21 days to complete. Students should contact the Office of Financial Aid for assistance. This loan does require a favorable credit approval for funding. This loan may require a co-signer.
Private (or alternative) loans may be available to eligible students. Contact the Office of Financial Aid for more information.
Satisfactory Academic Progress Standards
Students participating in financial aid programs including scholarships, grants, loans, and work/study must make satisfactory academic progress toward their degrees. Students must satisfactorily complete her/his course of study within the following time frame and maintain the required grade point average outlined in the Table of Academic Standards. Students must be in “Good Standing” to be considered as making satisfactory academic progress.
The maximum time frame for which a student may receive financial aid may not exceed 150% of the published length of the academic program of study or have attempted and earned more than 180 hours. Hours for courses with grades of DP, I, T, F, W, and Z are not considered as hours completed in determining satisfactory academic progress. Hours earned during the summer following the academic year may be included for satisfactory academic progress purposes.
• No more than 180 credits may have been attempted at the Texas Wesleyan University. (including transfer hours)
• As a full-time student, 12 credits hours must be earned each semester (Fall and Spring only) and a cumulative GPA of 2.0 or higher must be earned in order to maintain SAP. As a part-time student, 6 credits must be earned each semester with a cumulative GPA of 2.0 or higher.
• Texas Wesleyan University will also review a student's pace towards graduation. Pace, or completion rate, is a measurement of the number of hours a student has earned divided by the number of hours attempted. This is a cumulative calculation that is completed at the end of each semester and includes both institutional and transfer hours. Undergraduate students must have a pace (completion rate) of at least 80% (0.80).
• Transfer credits count as earned credits and affect the GPA. Transfer credits also count towards the limit of 180 Texas Wesleyan University credits and the pace calculation.
A full-time student has a limit of no more than 10 semesters; a part-time student of no more than 20 semesters. Only the fall and spring semesters count toward this limit.