Financial Aid is made available for those who qualify through federal, state, and University programs.
All students who are interested in financial aid should file the Free Application for Federal Student Aid (FAFSA). This form is used to determine a student’s eligibility for grants, loans, work-study, and OCU institutional aid. In order to qualify for Indiana state aid, Indiana residents’ FAFSAs must be received by the Central Processing Center before March 10. Filing for financial aid is an annual process. File online for free at www.fafsa.ed.gov.
If a student or a family member has had a loss of income, the Financial Aid Office should be notified. The form that the student would need to file is a Special Circumstances Form. This form is only available in the Financial Aid Office. The Director of Financial Aid will notify the student if additional information is needed.
- For most federal and state student aid, you must have financial need. Unsubsidized loans and parent loans are non-need based loans.
- You must be a United States citizen or an eligible non-citizen.
- You must have equivalence, such as a high school diploma or GED.
- You must have a valid Social Security number. Your name on financial aid applications must exactly match the name on your Social Security card.
- You must make satisfactory academic progress (SAP).
- If you are a male, you must register with the Selective Service. If you are a male age 18 through 25 who has not yet registered with Selective Service, you can register at www.sss.gov you can give Selective Service permission to register you by checking a box on the FAFSA.
- If you are in default on a federal student loan, you will not be eligible for any federal assistance until your default has been resolved.
- You must be admitted to an eligible program as a regular student working toward a degree. (You may not receive aid if you are enrolled as a guest or non-degree seeking student.)
Satisfactory Academic Progress
OCU monitors FA satisfactory academic progress at the end of each term.
FA SAP is based on cumulative GPA, not on the most recent term.
Students who do not meet SAP will receive written notification at the end of the payment period.
This policy applies only to financial aid awards, and is separate from the academic policy regarding satisfactory progress.
The US Department of Education and the State of Indiana’s regulations governing student financial assistance require that Oakland City University develop standards to measure academic progress. A student will not be eligible for financial assistance if he/she does not meet the academic requirements that have been established.
Oakland City University Satisfactory Academic Standards for Cumulative GPA:
- Freshman: 1.50
- Sophomore: 1.75
- Junior/Senior: 2.00
- Graduate: School Specific
State of Indiana’s Satisfactory Academic Standards for Cumulative GPA:
For more information on Indiana’s SAP requirement visit http://www.in.gov/ssaci/2569.htm
- Freshman: 1.50
- Sophomore: 2.25
- Junior/Senior: 2.50
Other scholarships and grants (including merit and endowments) offered by Oakland City University have GPA requirements. Please contact the Financial Aid Office if you have questions concerning your specific University award.
In addition to GPA requirements, students must meet quantitative and maximum time frame requirements.
Quantitative: Students must complete and pass a minimum of 67% of the credit hours attempted at Oakland City University.
Max Time Frame: Federal regulations require that a student complete a program of study within 150% of the time allotted for the program. All credit hours attempted at OCU and all transfer hours to be used toward a degree at OCU that were received at a previous institution will be counted in the determination of hours attempted.
Failure to meet Financial Aid Satisfactory Academic Progress (FA SAP) will result in a hold being placed on the student’s account in one of the following areas:
Financial Aid SAP Warning:
This hold is assigned to a student who has failed to meet FA SAP upon the first infraction. Students will be eligible to receive FA during the warning term. If SAP is not met in the following term, the student will be placed on FA Suspension or FA Probation based on the appeal process (see below for more information on the appeal process). If the student successfully completes the warning period the hold will be removed and the student will retain financial aid eligibility.
Financial Aid SAP Suspension:
If the student does not meet FA SAP at the end of the warning term the student will be placed on FA Suspension pending the appeal process (see below for more information on the appeal process). If an appeal is not submitted by the deadline or the appeal is denied the suspension hold will remain on the student’s account. The student will not be eligible to receive FA and will be required to pay his/her own expenses.
Financial Aid SAP Probation:
A FA SAP Probation hold will only be placed on a student’s account that has successfully appealed the suspension and has completed and submitted the necessary Academic Improvement Plan (see below for more information on the Academic Improvement Plan). Eligibility may be reinstated for the payment period for which the appeal was granted and for subsequent payment periods provided the student continues to meet the stipulations outlined in the academic plan.
An appeal must be submitted to the Financial Aid Office by the deadline listed on the appeal form. The appeal must be completed by the student. The student must also complete an academic plan as part of the appeal process. This plan will need to be completed with Career Services located on the main campus of Oakland City University. The student will be required to meet the guidelines outlined in the academic plan or the probation status will be revoked. The appeal will be reviewed by the Appeals Committee. The student will receive written notification of the committee’s decision within two weeks of submitting the appeal for review. All required documents must be submitted to the Financial Aid Office within 30 days of the suspension notice or the start of the term, whichever is earlier.
If the student is failing to meet the State of Indiana’s standards for academic progress he/she must complete and submit the State’s appeal form. The State will inform the student and Oakland City University if an appeal is granted. For more information on the State of Indiana’s appeal process visit http://www.in.gov/ssaci/2565.htm
Penalties for Drug Law Violations For Currently Enrolled Students
If a student, prior to enrollment, was convicted of both possessing and selling illegal drugs, the student must complete the FAFSA Drug Worksheet to determine eligibility with the Director of Financial Aid. A federal or state drug conviction can disqualify a student for FSA funds. Convictions only count if they were for an offense that occurred during a period of enrollment for which the student was receiving Title IV aid.