Satisfactory academic progress is evaluated at the end of the spring semester. Failure to maintain satisfactory academic progress may result in the cancellation of financial aid eligibility. The College’s Satisfactory Academic Policy is available in the Financial Aid Office or online at http://www.lycoming.edu/catalog/financial.aspx Financial Aid Available for Study Abroad Programs Students who wish to study abroad are ineligible for Lycoming funded aid, except for students who are studying at one of five locations. For additional information please see http://www.lycoming.edu/study-abroad/semester-programs.aspx. Federal and state aid may be used for study abroad if the program is one of Lycoming’s affiliates or if Lycoming College enters into a consortium or contractual agreement with a sponsoring institution. Please be advised that the financial aid procedure for study abroad takes additional time and planning. The Financial Aid Office will assist students in necessary arrangements, but it is the responsibility of the student to ensure that all required applications and documents, both academic and financial aid, are submitted in accordance with current policy and in a timely manner. Contact the Financial Aid Office or the Center for Enhanced Academic Experiences (CEAE) for more information. Withdrawing from Lycoming Students wishing to withdraw from the College during the semester should meet with the Dean of First-Year Students or the Assistant Dean of Academic Services to ensure that their financial and academic records are properly closed. If you stop attending classes and receive a grade of “F” in all your classes, you may be considered to have unofficially withdrawn. The Financial Aid Office is required to recalculate federal financial aid eligibility for students who withdraw, drop out, are dismissed or take a leave of absence prior to completing the semester. Up through 60 percent of the semester, a pro rata schedule is used to determine how much federal aid the student has earned at the time of withdrawal. The portion of un-earned aid must be returned to the federal programs. When unearned aid is returned, a student may owe the College additional funds. The College’s Return of Title IV Funds Policy is available in the Financial Aid Office or online at http://www.lycoming.edu/catalog/financial.aspx. 11
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