posted this on March 23, 2012 05:22 pm
As a non-participatory institution under Title IV of the Higher Education Act of 1965 as amended, New Charter University is able to certify student enrollment so that active students may obtain deferments for previous loans obtained through federally-guaranteed financial aid programs. Federal regulations require the University to establish and apply reasonable standards of satisfactory academic progress for students certified for deferments. To be certified for a deferment, a student must: 1) be enrolled in a degree program at New Charter University, 2) meet the standards for Satisfactory Academic Progress as defined in the School Catalog, and 3) successfully complete a minimum of 67% of their overall cumulative attempted credits in the term. All courses for credit will be counted as attempted including withdrawals (“W”), incompletes (“I”), and repeated courses. For undergraduate courses, grades of “A,” “B,” “C” count as credits passed. For graduate courses, grades of “A” and “B” count as credits passed. Non-degree-seeking students, students enrolled less than half-time, and students on academic or financial probation or leaves of absence may not be certified for student loan deferments.