Review and Notification Information

FINANCIAL AID INFORMATION

• The student has reached 125% to 149.99% of the maximum attempted credit limit of 150%.
• The student is eligible to receive federal financial aid until they have attempted 150% of the maximum credit limit.
• If the student will not graduate before they reach the 150% maximum attempted credit limit, the student may consider filing an appeal of their status, particularly if their status is related to transfer credits that do not apply to their current degree.

Warning

FINANCIAL AID WARNING

• The student has not met one or more of the minimum SAP Standards.
• During the next semester of enrollment, while on Financial Aid Warning status, the student is eligible to receive federal financial aid but must meet all SAP requirements at the end of the semester to maintain future eligibility for financial aid.
• A Financial Aid Warning hold will be added to the student’s Campus Connection portal. The hold is for information purposes only and will not affect the ability to drop or add classes.
• No appeal action is required on the part of the student while on Financial Aid Warning, but students are strongly encouraged to utilize all MSU Student Services (including Tutoring, Counseling, Writing Center, and others) to ensure they will meet SAP standards at the end of the Financial Aid Warning term.
• The student is eligible to receive financial aid with a warning status and federal financial aid funds will be disbursed to the student's account. Students placed on a financial aid warning are encouraged to visit with the Director of Financial Aid about their status but are not required to do so.
  
  

Disqualification

FINANCIAL AID DISQUALIFICATION

• The student has failed to maintain the minimum SAP Standards.
• The student is no longer eligible to receive federal financial aid.
• Financial Aid Disqualification does not prevent a student from enrolling in classes.
• Students on Financial Aid Disqualification may consider funding methods other than federal financial aid including a Payment Plan available from the MSU Business Office or alternative/private education loans that do not require that the student be meeting SAP standards.
• Financial Aid Disqualification will stay in place until the student either completes additional coursework to bring their academic record into compliance with the standards required or until a successful appeal of their disqualification has been made and approved.

Financial Aid Probation and Plan of Study (POS)

Students on Probation or Plan of Study status are eligible for federal financial aid.

• Financial Aid Probation will be granted when it is reasonable to expect that the student will be able to meet the minimum SAP standards within one semester. If the student fails to meet SAP at the end of their probation term, they will return to Financial Aid Disqualification.
• Financial Aid Plan of Study (POS) will be granted in situations where it is determined that it will take the student longer than one semester to meet the cumulative 2.00 GPA and 67% completion requirements within one semester and/or the student has exceeded the maximum credit limit for their program. A POS is a plan of study that has been developed by the student and their advisor. In some cases, the Financial Aid Director will require a copy of the student’s POS and may require a higher term GPA and/or percentage of completed credits. Students on Plan of Study status will be expected to follow the conditions of their Plan of Study each semester to maintain eligibility. Failure to follow the conditions of the Plan of Study will result in the student returning to Financial Aid Disqualification.

Notification Process

At the completion of each semester, SAP will be evaluated for all students.  Students will be notified of their SAP Information, Warning, or Disqualification status via campus email and a service indicator will be posted on their Campus Connection.