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Financial Aid Policies
for Graduate Students
2011-12 Award Year
Students have certain rights and responsibilities as recipients of student financial aid. These are explained in this section. Please read carefully.
Satisfactory academic Progress (SAP)
Students are expected to meet certain standards of satisfactory academic
progress in order for financial aid to be renewed. The Satisfactory Academic
Policy for Graduate students can be found by this link:
Satisfactory Academic Progress Policy for Graduate
students
If a student is determined to need an academic plan as part of the SAP appeal
process, the form can be accessed at this link:
SAP
Academic Plan (Graduate) form
Drop and Refund
Graduate students who wish to drop a class may do so before or during the add/drop period. Those who drop classes prior to the end of the add/drop period receive a full refund for all dropped classes. Students who drop all classes prior to or during the add/drop period are considered to be not enrolled for the semester. Any financial aid for which the student may have been eligible is returned to the respective program. For students who drop some, but not all, classes prior to or during the add/drop period, the enrollment status and subsequent financial aid eligibility are effective as of the end of the add/drop period. If a student has a loan certified and disbursed for a semester based on at least half time status at the time of the certification and then the student drops a class or does not matriculate in a class, the student's eligibility for that loan is recalculated. If the student is still at least half time, then the student may keep the amount of loan the student is now eligible based on the new hours. If the student drops to below half time, the loan will be cancelled and the loan proceeds, including any amount disbursed to the student, will be returned to the lender.
Withdrawal and Refund
Graduate students who wish to withdraw from a class may do so anytime prior to the last day of class. Students who withdraw from some or all classes following the end of the add/drop period are responsible for paying all tuition and fees for the courses. Students who withdraw from all courses within a given semester are not necessarily considered by Muskingum University to be withdrawn from the program. Federal financial aid guidelines, however, consider such students to be withdrawn from the institution, and are therefore sent information on how to do an Exit Interview. The student will also be subject to the Federal Return to Title IV calculation and may end up oweing the institution money. A student who withdraws from even just one class could be subject to Return to Title IV calculation and may end up oweing the institution money.
Financial aid awards to graduate students who withdraw from all classes after the end of the add/drop period but prior to the completion of 60% of the session will have their federal financial aid adjusted in accordance with federal regulations(Return to Title IV calculation). Adjustments to financial aid will in some cases be required for students who withdraw after the end of the add/drop period from some, but not all, classes within the semester. In all cases, graduate students are responsible for paying any balance due to the University.
Muskingum's refund policy and Return to Title IV calculation can be found at
this link:Refund Policy
Graduate students who wish to withdraw from a class after the add/drop period must submit a written request to the Dean of Graduate and Continuing Studies. A withdrawal form is available in that office.
Graduate students who withdraw from a course receive a grade of “W”, which is not included in the GPA computation.
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