Academic Catalog 2024-2025

Academic Catalog 2024 - 2025

General Information • A Master Promissory Note (MPN) and Entrance Counseling must be completed if the student elects to receive loans. Students must complete the MPN and Entrance Counseling at www.studentloans.gov. Loans cannot be processed until the MPN and Entrance Counseling is completed and all documents have been received by the Financial Aid Office. • The student will receive an award letter in his/her Beacon e-mail account once the Financial Aid Office processes the file. This award letter will specify the types of aid for which the student is eligible at that time. • Students must notify the Financial Aid Office if they are expecting to receive the Florida Bright Futures Scholarship. • The student is responsible for any follow-up on financial aid information. Students should not wait until school begins. Assistance If assistance is needed with the application process, please contact the Financial Aid Office. Before contacting the Office, please complete as much of the application as possible so that questions can be identified and answered. If an appointment is necessary, students should bring tax returns, including W-2s (and parents’ tax return if the application requires this information) as well as documentation of untaxed All students receiving any form of Title IV Financial Aid must meet the standards of progress outlined below. The requirements for these standards are set by Federal regulations ( 34CFR Section 668.19 ). Beacon College is required to enforce these standards for students receiving Title IV Financial Aid. The following requirements are the standards of satisfactory academic progress (SAP) for Beacon College students receiving financial aid: • Students are allowed a maximum of 90 credit hours to earn an Associate degree. This represents 150% of normal completion time of 60 credit hours. • Students are allowed a maximum of 180 credit hours to earn a Bachelor degree. This represents 150% of normal completion time of 120 credit hours. • Standards of academic progress are reviewed at the end of each term. • All transfer students will be reviewed at the time they are admitted to Beacon College prior to making any financial aid awards. • All students who have been approved through the appeal process will continue to be reviewed each semester. • A student is required to successfully complete the minimum number of hours to progress toward a degree as follows: Enrollment Status Maximum Load Percentage to Complete Each Semester Full-time: 12 credit hours or more 67% Three-quarters-time: 9 to 11 credit hours 67% Half-time: 6 to 8 credit hours 67% Less than Half-time: less than 6 credit hours 67% • If a student does not complete the percentage of required hours, he/she will be placed on Financial Aid Warning. By the end of a warning period, the cumulative (all college) hours required must be completed or the student will lose financial aid benefits. The suspension of benefits is effective until the student successfully completes the required cumulative hours and meets the standards of academic progress. • Successful completion means earning grades of A, B, C, D or P. Grades of I, F, W, WF, and WP are not successful completions. income (e.g., Social Security benefits, AFDC, child support, etc.). Satisfactory Academic Progress for Financial Aid Recipients

23|Page