ACADEMIC REQUIREMENTS
• The student’s cumulative Grade Point
Average (GPA) must not fall below a 2.0 to maintain satisfactory academic progress. Students receiving institutional, federal or state financial aid, and who drop below 12 credits during any semester will be subject to reductions in their financial aid package. Students must maintain a 2.5 cumulative GPA in order to maintain their PrattMWP Merit Scholarship for sophomore year.
•
•
PrattMWP Standards of Degree Progress and Pursuit Term 1 2 3 4
GPA Credits Completed n/a 0 2.00 22 2.00 33 2.00 44
The Financial Aid Office will periodically review the GPA and number of credits completed by each financial aid recipient using his or her academic transcript. Credits completed include only those for courses with a final grade of A through D. A student not meeting these standards will be placed on financial aid probation for one semester. After the grades for the probation semester are calculated, the student’s transcript will be reviewed. If the student still fails to meet the standards, all of their financial aid will be revoked beginning with the semester following the probation semester. Once the student meets the minimum standards, he or she may re-apply for financial aid.
NYS Standards of Academic Progress The chart below lists New York State standards of degree progress for determining TAP eligibility based on New York State criteria. Payment Cum Completed Term GPA Credits 1 n/a 0 2 1.5 6 3 1.8 15 4 1.8 27
80
5 6
2.0 2.0
39 51
• Students must have completed at least
the required number of credits listed; and
• Must have achieved the minimum GPA. Both of these requirements must be met before certification can occur.
For purposes of certification, credits earned both at PrattMWP and at all previous colleges and universities are taken into account. If you do not meet the requirements, you may apply for a waiver. A waiver may be granted only once on the undergraduate level and once on the graduate level. A waiver may be granted only after you have met with the Financial Aid Director. To receive a waiver, you must be able to provide documentation of unusual circumstances that have affected your academic progress. Further information regarding the certification for New York State aid can be obtained by contacting the Financial Aid Office.
OTHER FINANCIAL AID Out-of-State Aid Programs Students that reside outside of New York State may qualify for financial aid grants from the state that they reside in. Additional information can be found online at nasfaa.org/state_ financial_ aid_programs
Veterans’ Administration (VA) Educational Benefits Application forms are available at all Veterans Administration offices, active duty stations, American embassies or online at va.gov. Completed forms are submitted to the student’s nearest VA office.
Additional Scholarship Opportunities The Financial Aid Office provides a list of outside scholarships search engines at mwpai.edu./admissions/financial-aid.
Alternative Student Loan Designed to help students meet their college costs after all other aid has been awarded. There are several student loan lenders that offer students the opportunity to borrow loan funds, however a cosigner is usually required.
