NOTICE: This document is effective for students who attended spring semester 2011 and earlier. For students who attended summer semester 2011 and later, please see the current policy document Eligibility for Financial Aid.
TRADITIONAL UNDERGRADUATE STUDENTS
To be considered for financial aid each year, students must make satisfactory academic progress toward completion of degree requirements and be in good academic standing. Students must complete an average of 32 credit points per academic year (fall, spring, and summer semesters) with grades of A, B, C, D, or P and maintain a cumulative grade point average of at least 2.0. In addition, students must complete all degree requirements in four years unless the student is enrolled in an officially recognized five-year program (i.e. HEOP/CSTEP). Students are required to graduate within eight full-time semesters or after earning 128 credits (including accepted credits from Advanced Placement, Advanced Standing, and Transfer Student status), whichever comes first. Therefore, transfer students and freshmen students entering NYU with approved credits may be expected to complete degree requirements in less than four years, depending on the number of credit points received when entering the University.
Satisfactory academic progress standards are easily met; however, it is very important to be attentive to the progress standards when registering each semester to prevent both NYU and federal financial aid from being jeopardized.
Students who are not making satisfactory academic progress may be eligible to receive financial aid for a single additional semester, but only if normal progress can be restored within that semester. Progress requirements will not be waived more than once under most circumstances.
Credit points to be successfully completed per academic year for traditional (non-McGhee) full-time degree students: