According to federal regulations, students receiving financial aid must maintain Financial Aid Satisfactory Academic Progress (FASAP). The Financial Aid Office at Asheville-Buncombe Technical Community College monitors a student’s academic progress as a condition of eligibility when the student applies for financial aid and at the end of each Spring Semester. These requirements are applied to a student’s entire academic history at A-B Tech, including transfer hours from other schools that apply to the student’s program and including periods when financial aid was not received (e.g. courses are taken through A-B Tech in high school). A student is considered to be making Financial Aid Satisfactory Academic Progress when the following three requirements are satisfied:
- Qualitative Standard (Cumulative Grade Point Average) – A student must maintain a minimum cumulative grade point average of 2.0.
- Quantitative Standard (Completion Rate) – A student must maintain a minimum cumulative completion rate of 50% between 1-29 completed hours. A student must maintain a minimum cumulative completion rate of 67% with 30+ completed hours.
- Maximum Timeframe – A student must successfully complete the program of study within its timeframe. Federal regulations specify that the timeframe may not exceed 150% of the published length of the program. When students exceed the timeframe for their programs of study, they are no longer eligible to receive financial aid. However, students can submit an appeal to the Financial Aid Appeals Committee to have their eligibility extended if there are extenuating circumstances.
Monitoring Financial Aid Satisfactory Academic Progress. A-B Tech will monitor Financial Aid Satisfactory Academic Progress using the chart below.
|Credit Hours Attempted*||Minimum Cumulative Completion Rate**||Minimum Cumulative GPA Required***|