Denver Seminary

32 ELIGIBILITY To be eligible for most types of financial aid, a student must (1) be currently enrolled at least half time in a degree seeking program; (2) complete the Free Application for Federal Student Aid (FAFSA) each year; (3) maintain satisfactory academic progress. Students who do not maintain eligibility may be required to return funds that were disbursed and start repayment of any previously acquired federal loans. Maintaining eligibility is also contingent upon course completion. The student will be required to return at least a portion of the award(s) back to Denver Seminary if any courses required for financial aid eligibility are dropped after the semester starts or are not completed with passing grades. Adjusted amounts will be based on final enrollment status. The tuition refund policy and financial aid return policies contain further details and should be read prior to dropping any classes after the start date of a semester or session. Eligibility for need-based awards is calculated using the expected family contribution (EFC) from the FAFSA and the cost of attendance budget set by the Financial Aid Office. Once the total amount of financial aid received (including external scholarships) reaches the cost of attendance maximum, the student is no longer eligible for any further financial aid for that academic year. Enrollment Status Most types of aid require a minimum enrollment status. Loan recipients must be enrolled at least half- time while scholarship, grant and discount recipients must typically enroll either half-time or full-time, depending on the requirements of each award. The half-time and full-time status definitions vary depending on the type of aid. The federal student aid status definitions also apply to enrollment reporting and other federal reporting purposes. Federal Student Aid (student loans and work study) Master's-Level Programs (all residential and online programs) Full-time: 6+ credits; half-time: 3+ credits (Except for Intersession: 3 credits hours=Full time) Master of Theology Full-time: 6+ credits; half-time: 3+ credits Doctor of Ministry Full-time: 3+ credits; half-time: 2 credits Institutional Scholarships Master's-Level Programs (all residential campuses) Full-time: 9+ credits; half-time: 5+ credits Master of Theology Full-time: 6+ credits; half-time: 3+ credits Doctor of Ministry Full-time: 3+ credits; half-time: 2 credits Fully Online Programs Full-time: 6+ credits; half-time: 3+ credits Satisfactory Academic Progress Students are required to maintain satisfactory progress toward their degree in order to continue eligibility for institutional and federal financial aid. Satisfactory progress requires a minimum 2.0 cumulative GPA, or 2.75 for certain degree programs, as well as successful completion of at least two-thirds of all attempted classes. Requirements for specific scholarships are listed in all scholarship application packets and are also available on the Denver Seminary website.

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