Federal regulations require that we track the academic progress of financial aid recipients from the first date of enrollment at Oakwood University, whether or not financial aid was received. Credits transferred from all other credit sources will be considered as attempted and completed credits in the evaluation of the completion rate standards.
Students are no longer eligible to received Title IV federal financial aid after attempting 150 percent of the published academic program hours. For graduate students, if the published length of the program is 36 hours, then the maximum number of hours for which a student may receive financial aid is 54 hours (that is 36 x 1.5).
Students whose attempted credits, including transfer credits, exceed the 150 percent timeframe for any reason will be placed on Financial Aid Denied status. No financial aid will be disbursed for the student unless the student has made an appeal to the Financial Aid Appeals Committee and the appeal is granted.