Belmont Abbey College
Financial Aid

 

Financial Aid Traditional Students

Academic Requirements for Receiving Financial Aid

For a student to be eligible to receive financial assistance from Title IV Federal funds (Pell Grant, Supplemental Educational Opportunity Grant, Federal Direct Student Loans, Federal Direct PLUS Loan, and Federal Work Study Program), State funds (North Carolina Need Based Scholarship) or Belmont Abbey College funds, he/she is required to make satisfactory academic progress.

When is Satisfactory Academic Progress Evaluated?  Belmont Abbey College evaluates satisfactory academic progress at the end of the academic year.  For most students, this will happen in May.  For students who attend summer school it will occur at the end of the last summer session for which the student is enrolled. Students will be notified via their Abbey email account if after their evaluation; they are determined to not be making satisfactory academic progress.

Criteria for Determining Satisfactory Academic Progress
A student must successfully complete the following number of credit hours per academic year AND must have received a minimum cumulative GPA as defined in detail in the College Bulletin and summarized below:

  1. Enrollment Status and Number of Hours which must be successfully completed:

    Full-time (12 or more credit hours):   24
    Three-quarter time (9-11credit hours):   18
    Half-time (6-8credit hours):   12

  2. Cumulative GPA Requirements

    0-24 attempted credits 2.00
    25-58 attempted credits 2.00
    59 and after 2.00

A student must complete requirements for a degree within a maximum of five and a half years or 11 semesters as a full-time student. Less than full-time students will be prorated in accordance to the student’s enrollment status as defined in #1 above. Federal law prohibits students who have earned more than 180 credit hours from receiving Federal financial aid.

In addition, a student must be making progress toward graduation as follows:

Degree Completion:  Undergraduate degrees at Belmont Abbey College consist of 120 credit hours - you have 11 semesters to complete these 120 hours and receive Title IV federal student aid.  Progress will be measured by dividing the cumulative number of hours you have successfully completed by the cumulative number of hours you have attempted. This calculation includes any hours you transferred in.  Full time students must progress at a pace of 67% per academic year.

  • Any part-time hours will count in the maximum time frame calculations above.
  • Hours are counted for all terms, even terms in which the student did not receive financial aid

Change of Major

Students may change their major up to two (2) timesAny change in majors must be made by the fall of the junior year.
Withdrawing, Dropping a Class, Incompletes, Transfer of Credits

  1. Withdrawing from a class:  This could cause the student to fail to make Satisfactory Academic Progress.  Please see the Financial Aid Office for advice prior to withdrawing from a class.
  2. Dropping a Class during drop add – Dropping a class and not replacing it with another class could cause the student to fail to make Satisfactory Academic Progress.  Please see the Financial Aid Office for advice prior to dropping a class.
  3. Incompletes- Incompletes must be completed with an assigned letter grade by the end of the following semester.  Failure to do so could result in a student failing to make satisfactory academic progress.
  4. Transfer of Credits - Any credits transferred into Belmont Abbey College will be used to calculate progress toward graduation (see above).

Belmont Abbey College Funds

Belmont Abbey College Awards (any financial aid monies funded by Belmont Abbey College or its donors) for first time new students will be awarded for a total of 8 semesters (Fall and Spring only).  Summer courses are not included.

Belmont Abbey College Awards (financial aid monies funded by Belmont Abbey College or its donors) for students transferring into BAC will be awarded as follows:

Merit based –  awarded for a length of time according to the number of credits a student transfers to BAC.
For example:  a transfer student with 30 credits will have 3 years (6 semesters) of merit aid available.

Athletes Awards –awarded to student athletes for a length of time according to remaining NCAA eligibility.

Part time traditional students are not eligible for institutional financial aid.

Note: Credit hours earned through competency assessments, challenge exams, co-curricular activities, CLEP, etc., are not counted. No credit is given for WP, WF, or I grades; however, WF and I grades are reflected in calculation of the student’s grade point average (GPA). The grading system and calculation of GPA are explained in the Academic Catalogue.

What are the consequences for not meeting the Satisfactory Academic Progress Requirements listed above?

If a student fails to meet any one of the requirements stated above at the end of an academic year, he/she will be considered not making satisfactory academic progress and will not be awarded any Federal Title IV aid, state aid, or Belmont Abbey College institutional aid unless the student successfully appeals to the Financial Aid Review Committee and is put on Financial Aid probation. Once a student is placed on financial aid probation, they have one semester to attain satisfactory academic progress or they will forfeit all financial aid the following semester.  Students are allowed one satisfactory academic progress appeal.

Academic Plan

If an appeal is granted by the Financial Aid Review Committee, the student may be required to follow a college mandated academic plan in order to retain their financial aid.  The Academic Plan will be structured according to the students needs and his/her progress toward graduation.  Failure to follow the prescribed academic plan will result in immediate loss of financial aid funds.

Appealing to the Financial Aid Review Committee

IMPORTANT: In order for an appeal letter to be considered, it must be written by the student him-or herself, signed, dated, and submitted to the Financial Aid Office prior to the submission deadline, as indicated in your Satisfactory Academic Progress letter.  Appeals must also contain the following information:

  1. Your description of the extenuating circumstances that you believe prevented you from meeting the Satisfactory Academic Progress (SAP) standards.  Examples of extenuating circumstances include but are not limited to the following:

    • Unexpected death or major hospitalization of an immediate family member.
    • Extended hospitalization or medical condition of student
    • Victimization of a violent crime or natural disaster

Examples that are NOT considered extenuating circumstances include, but are not limited to the
the following:

    • Work conflicts or lack of transportation to school
    • Change of major or pursuit of a double major
    • The time of day the class is being held
    • The professor who is teaching the course
  • Your Plan of Action – what you will do to resolve the cause of the circumstance which led to unsatisfactory academic progress.
  • Your contact information.  Provide us with a telephone number and email address.
  • Copies of supporting documentation such as doctor’s letters/bills, death certificate, obituary, police reports etc.

Submitting Your Appeal
You must submit your appeal via email (remember to attach any supporting documentation) to SAPappeal@bac.edu by the cutoff date listed on your Satisfactory Academic Progress letter.  Appeals sent to any other email address will not be reviewed by the Financial Aid Review Committee.

After Submitting Your Appeal
Your appeal will be reviewed within 2 weeks of the deadline listed to submit your appeal. The review of your appeal may take longer during peak periods. You will be notified via your Belmont Abbey College email account of the committee’s decision.  The decision of the committee is final.
During the review process the following factors may be considered:

  1. Validity of reasons for failing to meet SAP standards
  2. Resolution of the problems leading up to your failure to meet SAP standards
  3. Prior academic history (credits earned vs credits attempted, GPA, number of repeats, etc.)
  4. Any correspondence from your academic advisor
  5. If you are a residential student, your campus disciplinary status (any violations etc.)
  6. Your demonstrated motivation to succeed.
  7. Quality of the appeal.
  8. Quality and thoroughness of supporting documentation.

Academic Requirements for Receiving Institutional Awards
Benedictine Scholarship 

  • Must meet above requirements and maintain a cumulative 3.00 GPA. 
  • Student must maintain full time status.

Don Bosco Scholarship

  • Must meet above requirements and maintain a cumulative 3.00 GPA  
  • Student must maintain full time status.

St Thomas More Scholarship

  • Must meet above requirements and maintain a cumulative 3.00 GPA  
  • Student must maintain full time status.

All other Institutional funds, including Athletic scholarships

  • Must meet above requirements and maintain a cumulative 2.00 GPA  
  • Student must maintain full time status.
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