Page 27 - 2017-2018 Academic Catalog

Parent PLUS Loans
Plus loans are offered to parents of dependent college students to help meet college costs. Plus loans allow parents of dependent students to apply for as much as the difference between the cost of education and the student’s financial aid. The loan is not need based, but the parent’s credit history may be reviewed to determine eligibility. The Plus loan should be used only after all other resources have been considered since interest begins 60 days after the first disbursement. Repayment normally begins 60 days after the full amount you’ve borrowed for a school year has been disbursed.
STUDENT EMPLOYMENT
At Providence Christian College student employment serves to assist in the educational program of the College by providing financial resources for the students to help pay for college and by training students to be effective Christian employees to impact the world for God. Filling out a student employment application does not guarantee employment. See website and student employment handbook for more specific information regarding student employment.
Satisfactory Academic Progress
The standards for satisfactory academic progress policy are found within the guidelines set forth in the Federal Student Aid Handbook. Federal regulations require that students maintain satisfactory academic progress in order to continue to receive financial aid. A student must be enrolled as a degree seeking student and must demonstrate satisfactory academic progress each semester. Providence Christian College also requires satisfactory progress for all institutionally controlled financial aid.
A student must earn 126 total credit hours to graduate. The minimum expected standard for full-time is 12 hours per semester, however the average course load is ordinarily 15-16 credit hours per semester. The maximum time frame allowed is 12 semesters for a traditional full-time student. This applies both to the federal financial aid program and Providence institutional aid in the form of scholarships and grants.
A student must continue to make satisfactory academic progress according to both the qualitative and quantitative standards as described below:
a. Qualitative measure is based on cumulative GPA. To maintain satisfactory academic progress to receive financial aid a student must maintain the following minimum grade point averages.
Cumulative Hours Attempted
Minimum GPA Required
By the end of each grouping
1.50 2.00 2.00 2.00
Freshman Sophomore Junior Senior
0 – 29
30 - 60
61 – 91 92 + units
b. Quantitative measure is based on cumulative hours completed. To maintain satisfactory academic progress, a student must maintain a minimum of 50% successful completion rate for the first two semesters and 67% successful completion rate for each of the following semesters. When calculating a transfer student’s time frame, all credits that are accepted by Providence Christian College are included. For financial aid purposes a final
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