A: Be aware that the financial aid satisfactory academic progress (FASAP) policy specifies that students must maintain a cumulative GPA of 2.0 or better AND pass an average of 12 credits per quarter to remain eligible to receive financial aid: http://financialaid.ucsc.edu/policies_appeals/Eligibility%20Requirements/sap/Index.html. read more
Academic probation can cost you your financial aid or your enrollment status. While it is impossible to give you the exact terms of satisfactory academic progress at every school across the nation, normally you must maintain a 2.0. read more
Students who fail to maintain satisfactory academic progress (meaning at least a 2.0 GPA at the end of the second year) lose eligibility for federal student aid including both grants and loans. They can restore eligibility by improving their grades. read more