{"id":3613,"date":"2020-03-29T14:22:41","date_gmt":"2020-03-29T18:22:41","guid":{"rendered":"https:\/\/sites.machias.edu\/scholarships-aid\/?page_id=3613"},"modified":"2020-03-29T15:22:14","modified_gmt":"2020-03-29T19:22:14","slug":"financial-aid-policies-and-forms","status":"publish","type":"page","link":"https:\/\/sites.machias.edu\/scholarships-aid\/financial-aid-policies-and-forms\/","title":{"rendered":"Financial Aid Policies and Forms"},"content":{"rendered":"

Outside Assistance<\/strong><\/p>\n

Any and all outside assistance including private scholarships and payments made by non-university organizations (including the state) should be reported to the Financial Aid Office as soon as possible.\u00a0 Federal regulations require that any additional assistance is included on a students award.\u00a0 Please note, that outside assistance may effect your financial aid award.<\/p>\n

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Definition of a Credit Hour<\/strong><\/p>\n

University of Maine at Machias acknowledges and adheres to the\u00a0federal definition of a credit hour with respect to courses offered face to face, in hybrid format, and online, as developed in 2010 and published in the Code of Federal Regulations<\/em> (CFR), Title\u00a034, Part 600.02:<\/p>\n

[A] credit hour is an amount of work represented in intended learning outcomes and verified by\u00a0evidence of student achievement that is an institutionally established equivalency that\u00a0reasonably approximates not less than<\/em><\/p>\n

(1) One hour of classroom or direct faculty instruction and a minimum of two hours of out of\u00a0class student work each week for approximately fifteen weeks for one semester or trimester\u00a0hour of credit [ . . . ] or the equivalent amount of work over a different amount of time; or<\/em><\/p>\n

(2) At least an equivalent amount of work as required in paragraph (1) of this definition for\u00a0other academic activities as established by the institution[,] including laboratory work,\u00a0internships, practica, studio work, and other academic work leading to the awarding of credit\u00a0hours.<\/em><\/p>\n

Rev. September 2018<\/p>\n

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Satisfactory Academic Progress<\/strong><\/p>\n

Federal financial aid regulations require financial aid recipients to make progress toward earning their degree, stay above specific GPA minimums and to complete the degree within a maximum time-frame. You can lose eligibility for aid if you are not doing well in your classes and\/or if it is taking a very long time to earn your degree. If you are not meeting the minimum standards, even if you are allowed by your academic dean to continue your enrollment, you will have to do so without benefit of financial aid.<\/p>\n

For more detailed information on the policy, click the link below.<\/p>\n