What is financial aid warning/suspension/probation?
Financial Aid Warning / Probation / Suspension
To receive financial aid, you must meet Satisfactory Academic Progress. You need to maintain a cumulative 2.0 GPA and a cumulative 67% completion of all attempted credits at Lane.
I got a Warning. You fell below at least one of the two things: Either your Overall GPA is now below 2.0 or your completion of all your attempted credits is now below 67%.
I was put on Financial Aid Suspension. Your cumulative status has been below 2.0 GPA or 67% completion for more than one term in a row. You may appeal if you had a reason beyond your control.
Important: Since financial aid SAP is cumulative, it is possible to get suspended even if you have a good term after a "warning", if the overall totals haven't gone up enough.
I was put on Probation. Probation is assigned if you have an approved appeal to reinstate your financial aid. Since it may take more than one term to raise your cumulative overall GPA or completion, once you are on Probation, you need to complete all credits and complete each term with a 2.0 GPA until you are back in "Good" standing.
Here is a SAP calculator that allows you to predict how many terms you will remain on Probation.
How do I remove my Warning / Probation / Financial Aid Suspension status?
Warning / Probation: You must earn at least a 2.00 GPA and complete all of your credits the following term, AND your cumulative scores must also meet these criteria.
Financial Aid Suspension: File a "Satisfactory Academic Progress Appeal" form to the Financial Aid office. Financial aid suspension will not go away until it has been resolved with this form, granted your appeal is accepted.
I filed an appeal, how do I check the status?
To check your financial aid SAP status at any time log into myLane and select the "myFinances" tab then select "Financial Aid Status" in the "Financial Aid Requirements" window.
What does "Appeal Pending" status mean? This means you have filed an appeal, and it has been reviewed, but the Financial Aid Team still needs more information or documentation of your reason. A letter is mailed to you to let you know what is needed. You may also find a message on the "myFinances" tab under "Overall Financial Aid Status and Active Messages". This status won't change unless you submit what is requested.
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