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Financial Aid


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Satisfactory Academic Policy




Federal regulations require CMN to establish satisfactory academic progress standards for students that are receiving financial aid assistance. CMN measures satisfactory academic progress in the following three areas:

  • Cumulative grade point average (GPA),
  • Completion ratio – 67%,
  • Maximum time frame – 150% rule.

Cumulative Grade Point Average:


A student’s Cumulative GPA must be at 2.0 or above.Completion Ratio:A student must complete 67% of all classes attempted.Failure to meet the academic progress standards for one semester results in Financial Aid Warning. Students on Financial Aid Warning are eligible for Title IV funds.


Failure to meet the academic progress standards for two consecutive semesters may result in Financial Aid Suspension. Students on Financial Aid Suspension are not eligible for Title IV funds.


A student who has appealed and has had eligibility for financial aid reinstated will be put on Financial Aid Probation. Students on Financial Aid Probation are only eligible to receive one payment period of financial aid while on Financial Aid Probation.


Maximum Time Frame:


The Department of Education places a credit limit on funding for all financial aid students. Funding is available until you have reached 150% of the credits required to complete your program. This includes double majors, additional degrees, repeat credits, and transfer credits. Reinstatement may occur when CMN’s satisfactory academic progress standards are met.


Satisfactory Academic Progress (SAP) Appeal process:


Any CMN student with a Financial Aid Suspension status who wishes to reinstate their eligibility for financial aid assistance would need to complete the SAP appeal process and be approved. A student who may have extenuating circumstances which caused a student to fail to meet one of the above standards may submit a written appeal. Examples of extenuating circumstances include, but are not limited to injury or illness, the death of a relative, or other special circumstances. The appeal should address and document these extenuating circumstances:

  • Why the student failed to make Satisfactory Academic Progress;
  • What has changed that will allow the student to make SAP at the next evaluation.

Please see your Student Achievement Specialist or the Financial Aid Office for further questions and instructions.





SAP Appeal Form

Financial Aid Academic Plan