Progression Requirements for Financial Aid
Financial aid recipients are required to maintain Satisfactory Academic Progress in order to continue to receive financial aid.
A student must remain in good academic standing to receive funding under the Federal and State aid programs.
There are two distinct measures of satisfactory academic progress: a "quantitative" measure, the number of credits that the student is completing and a "qualitative" measure, the student’s cumulative grade average. Students are required to meet both standards to remain in good academic standing.
The following information outlines the minimum academic requirements in order to receive financial aid.
New York Financial Aid Academic Requirements:
Program Pursuit: A student must achieve a passing or failing grade and complete a certain percentage of their full-time course load in order to receive a state award during the subsequent semester (grades of "W" or "WF" are not included) Full-time is defined as a minimum of 12 credits or the equivalent.
The following chart lists the minimum standards of satisfactory progress that a student must maintain to continue their TAP eligibility for each subsequent semester:
| Calendar Semester (Non-remedial Students) |
| Payment Number |
1st |
2nd |
3rd |
4th |
5th |
6th |
7th |
8th |
9th* |
10th* |
| Credits Earned |
0 |
6 |
15 |
27 |
39 |
51 |
66 |
81 |
96 |
111 |
| GPA |
0 |
1.5 |
1.8 |
1.8 |
2.0 |
2.0 |
2.0 |
2.0 |
2.0 |
2.0 |
| Calendar Semester (Remedial Students) |
| Payment Number |
1st |
2nd |
3rd |
4th |
5th |
6th |
7th |
8th |
9th* |
10th* |
| Credits Earned |
0 |
3 |
9 |
21 |
33 |
45 |
60 |
75 |
90 |
105 |
| GPA |
0 |
1.1 |
1.2 |
1.3 |
2.0 |
2.0 |
2.0 |
2.0 |
2.0 |
2.0 |
*NOTE: Only students enrolled in an approved five-year program are eligible to receive a 9th or 10th semester TAP payment.
Students who have lost eligibility for a state award due to a failure to meet the academic progress requirements in a given semester will lose TAP eligibility for the following semester. If this occurs, eligibility will be reinstated at the time the student again meets the requirements. A one-time waiver is given if extenuating circumstances occurred which affect the student's academic performance. Example: The student had a serious illness or death in the family. Details on how to apply are available in the Financial Aid Office.
For additional information regarding Federal and State progress requirements, visit www.molloy.edu/admissions/financial-aid.