Financial Aid

Christian Brothers University is committed to being a partner along with the student and family in financing a CBU education. Resources may also be supplied by the state, federal government, or private donors. After acceptance to the University, students are encouraged to fill out and submit the Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov.

Components of the financial aid package may include scholarships, academic awards, federal or state grants, University and privately funded grants, federal, University or private loans, and student employment. The University will work with each student and family to find those packages best suited to individual needs and circumstances.

To continue federal and state awards once the student is enrolled, the student must maintain the requirements of the Financial Aid Satisfactory Academic Progress Policy.

SATISFACTORY PROGRESS POLICY FOR TITLE IV AID

Federal Regulations require that for a student to continue receiving Title IV funds, they must maintain Satisfactory Progress. SATISFACTORY ACADEMIC PROGRESS will be reviewed once a year at the end of the Spring semester for all students. Students who have an approved SAP appeal will be evaluated at the end of the Fall semester

Title IV funds include:

Federal Pell Grants
Federal Subsidized and Unsubsidized Loans
Federal Parent Plus Loans
Federal Supplemental Educational Opportunity Grant
Federal Work-Study
Federal Perkins Loan

HOW IS PROGRESS MEASURED?

Qualitative Progress

Undergraduate Students:

Attempted Hours GPA

1-33 1.75

34-51 1.90

52+ 2.00

Graduate students must maintain a 3.0 GPA.

Quantitative Progress

Successfully completing at least 67% of cumulative hours attempted.
Attempted Hours include:
Repeat hours
Pass/Fail Hours
Incomplete Hours
Withdrawn Hours
Transfer Hours

Student Eligibility

Students must be admitted and enrolled in a Degree Program.
Undergraduate and Graduate students may not exceed 150% of the published length of their academic program.

Undergraduate Programs	Total Credit Hours	150% of academic program
School of Arts	121	182
School of Business	121	182
School of Engineering	131	197
School of Sciences	122	183
Interdisciplinary Programs	121	182

Graduate Programs	Total Credit Hours	150% of academic program
School of Arts	60	90
School of Business	48	72
School of Engineering	33	50
School of Sciences	48	72

Students Pursuing a Second Degree

Must submit a Degree Completion Plan signed by the student as well as the Academic Advisor for their Degree Program. The Plan must indicate the courses required as well as the timeframe to complete the additional degree.
If the student has attempted the maximum number of semesters or if their Degree Completion Plan will cause them to exceed that limit, they may be denied financial aid.

Failure to meet SAP Requirements
All students that fail to meet SAP requirements will be notified.
- Failure to receive notification does not dispute or reverse the termination of a student’s eligibility to receive Financial Aid.
If an appeal is approved, a term of Financial Aid Probation is granted for the Fall semester, and the student will be reevaluated at the end semester.
If the student fails to meet SAP after evaluation at the end of the Fall semester, they will then be placed on Financial Aid Suspension. Students on Financial Aid Suspension cannot receive any Title IV Aid until both the Cumulative Grade Point Average and the Cumulative Completion Rate standards are met.
Students may appeal the Financial Aid Suspension status prior to the start of the next term. This appeal would be considered for extraordinary circumstances.

The Federal Government selects approximately 33% of those who apply for Title IV aid to go through a process of verification. This will be indicated on the Student Aid Report the student receives from the central processor and communicated to the student from the Financial Aid Office. Documents needed to complete the verification process (such as an IRS tax transcript) will be requested from the student. Policies concerning the verification process are available in the Student Financial Aid Office.