Maintain the Required QPA for Academic Merit Scholarships
In order to continue to receive academic merit scholarships, you must continue attending full-time and maintain the required QPA for that scholarship.
If your QPA falls below the QPA required for the award or scholarship, you will be placed on “merit probation” for the following academic year. If you do not meet the required QPA after the probation period (the end of the academic year), you may request a review.
All students are required to maintain a minimum level of performance in their classes in order to be eligible for renewal of Financial Aid. This is called satisfactory academic progress (SAP). See the Satisfactory Academic Progress Policy for financial aid recipients for complete details.
SAP Appeal Deadlines
- Fall Term: Sept. 1
- Spring Term: Jan. 18
Withdrawals
Students who receive Federal Title IV Aid and withdraw from all classes at University of Lynchburg before completing 60% of the semester must have their eligibility recalculated based on the federal regulations.
This formula recalculates a student’s eligibility based on the aid the student has “earned” (number of days enrolled/attended prior to withdrawal). Any unearned aid must be returned to the department of education and the student must pay all or a portion of the funds that were disbursed to their student account and returned.
Financial Aid funds that apply:
- Unsubsidized Federal Direct Loan
- Subsidized Federal Direct Loan
- Federal Perkins Loan
- Federal Direct Parent PLUS Loan
- Federal Direct Graduate PLUS Loan
- Federal Pell Grant
- Federal SEOG
Exit Counseling
Exit counseling is required when you withdraw, graduate, or drop below half-time attendance (even if you plan to transfer to another school). The purpose is to help you understand your rights and responsibilities as a student loan borrower and provide useful tips and information on managing your loans.
This can be completed at studentaid.gov.
