Home / Cost & Aid / Financial Aid / Keeping Financial Aid Keeping financial aid Satisfactory Academic Policy To remain eligible for financial aid, students must meet both of the following academic standards: Completion Rate: Students must successfully complete at least 67% of all attempted credit hours. This includes all courses for which they receive grades, including: P = Pass W = Withdrawal F = Fail I = Incomplete All other grades (0.0 – 4.0) Cumulative GPA: Students must maintain a minimum cumulative grade point average (GPA) of 2.00. Example Scenario Consider a student who enrolls in 15 credit hours but withdraws from 9 credits on the last day to withdraw. The student completes 6 credit hours with a 4.0 cumulative GPA. Academic Transcript Calculation: 24 honor points / 6 completed credit hours = 4.0 GPA Financial Aid Calculation: 6 completed credits / 15 attempted credits = 40% completion rate In this example, the student is placed on academic warning status because they completed less than 67% of their attempted credit hours. Understanding the Impact Failing to meet these standards can result in academic warning, probation, or even suspension of financial aid. It’s crucial for students to stay on top of their academic progress and seek support if they are struggling to meet these requirements. Financial Aid Limits Student may receive financial assistance until they have attempted 150% of the credits required for their program of study. The 90 credit hours reflect 150% of the credits required to complete a 60 credit hour associate degree program. Refer to the college catalog or consult with an student success navigator for the specific hours required in your associate or certificate program. The maximum credit hour limit applies to all attempted credit hours taken at Jackson College and those transferred from other colleges/universities, even if the student did not receive financial assistance. The highest grade will be used in the calculation of the grade point average. All repeated courses will be counted against the maximum credit hour limit. Financial Aid Appeal Process Students may appeal their financial aid decision. Students must submit the appeal form with supporting documentation. Students must submit their written letter of appeal with supporting documentation (letters from doctors, lawyers, counselors, etc.) to the financial aid appeals committee. The appeal will be reviewed by the financial aid appeals committee and students will be notified of the decision in writing. Students wanting to appeal a financial aid decision, need to complete the Financial Aid Appeal Form. Financial Aid Warning Status Students not meeting the satisfactory academic progress policy are placed on warning status for one semester. To receive financial aid assistance beyond the warning period, the student must have a cumulative 2.00 or better financial aid grade point average and have successfully completed at least 67% of all attempted coursework. Financial Aid Suspension Status Students who do not meet the satisfactory academic progress policy after the warning status period are suspended from additional financial assistance. Students are ineligible for any assistance until, at their own expense, they have improved their cumulative grade point average and/or successful completion rate. Except under unusual circumstances, no financial aid is revoked without the student first being placed on warning status. Repeating a course A student may only repeat a previously passed course twice and receive financial aid. Student may repeat a failed course until it is passed (with a 0.5 or higher grade). Repeated credits count toward maximum time frame. If a student is repeating coursework and receives a higher grade than their previous attempt, the prior attempt does not affect their cumulative GPA, but will be counted as attempted credit hours in the maximum time frame/pace calculation. Cost & Aid Cost of Attendance Tuition & Fees Estimated Cost Net Price Calculator Financial Aid Types of Aid Apply for Aid Scholarships Loans Federal Direct Loans Private Loans Forms Refunds Keeping Financial Aid Contact Financial Aid Tuition Programs Community College Guarantee Michigan Reconnect Jackson College Advantage Connect With My Future Billing & Payment Payment Due Dates Payment Options Student Finance Account 1098-T FAQ Contact the Business Office