Grants, loans, and scholarships have certain policies regarding what happens if you fail a class, and some have specific GPA requirements. So, if you fail a class, you may be responsible for paying back any aid you have received or having further federal aid suspended until you meet SAP.
If your grades are slipping, your best option is to talk to your professor. Your professors want to see you succeed and can provide opportunities for extra credit, tutoring, and one-on-one sessions to help you bring your grade up.
Every professor has office hours. You can ask questions, talk about your assignments, and even get some insight into what your professor considers important for exams. The difference between a D and an F can mean a lot when it comes to your GPA and the overall impact that could have on your financial aid. College students, especially those in their first year, tend to get overwhelmed with the new freedom allotted to them.
Grab a paper or digital planner where you can write down all your assignments and test dates. Always work closely with your school's financial aid office and your academic adviser to determine your options for handling a class you might fail, sooner than later. It is required to set standards for evaluating whether you are making satisfactory academic progress, or SAP.
Your progress must be evaluated at least once each year. Failing a class or classes will impact your SAP status. As long as you meet SAP, you will remain eligible for financial aid. If you do not pass a course, you can receive financial aid to repeat it — once you pass with a D or better, you can only retake it once again.
If your GPA falls below a certain threshold, you could lose other types of scholarships, grants, and funding opportunities. If you received a grant from a nonprofit, business, or other entity, they may have their own requirements for continuing to receive money.
Not all scholarships and grants require this, especially if they are one-off awards. But if you're getting funding every year for a set amount of time, you might need to maintain certain standards or you risk losing that funding as well. If a failed class results in losing your aid, you might not have enough — or any — cash on hand to pay for your upcoming classes. But there are a few ways you can explore extra funding in a pinch.
Losing financial aid not only hurts your chances of attending classes, it also devotes a lot of time and resources that could otherwise be used for coursework.
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Join Juno today to find out more about your options for affordable private student loans to help fund your degree. Dori Zinn is an award-winning journalist based in South Florida. She has a decade of experience covering credit, debt, budgeting, investing, real estate, financial literacy, and other related personal finance topics.
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Finding a job can be difficult, even it you qualify for a work study. This article breaks down some options you may have if you can't find a work study position. Paying for college in the US can be costly. Either way, you still need to repay the loans. If you've used FAFSA grants to pay for college classes, these don't need to be repaid even if you didn't pass the class. This is simply because grants don't need to be repaid. Not passing classes threatens your financial aid package whether you used loans, grants or both to pay tuition.
Financial aid receipt is contingent upon making what's called "satisfactory academic progress" in your classes. You don't receive academic credit for a failing grade. Enough accumulated F grades could jeopardize whether you meet credit requirements for receiving financial aid during the next semester or quarter.
Withdrawing from classes is slightly different from failing a class in that it doesn't negatively affect your grade point average or transcripts. However, if you don't pass a class because you've withdrawn instead of failing, the same rules apply with regard to FAFSA requirements.
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