Satisfactory Academic Progress (SAP) – Financial Aid Criteria
The chart below summarizes the student academic progress over the years of study for the baccalaureate degree requiring a minimum of 132 credits over 5 years of study. New York State Higher Education Services Corporation (NYHESC) regulations for financial aid purposes require a student to register for a minimum of 12 credits or more per term in order to be on full time status in the Fall and Spring terms, and minimum of 8 credits in the Summer term. 

Program Pursuit Policy for Financial Aid
Program pursuit is defined as receiving a passing or failing grade in a certain percentage of a full-time course load in each term for which an award is received. The percentage increases from 50% of the minimum full-time course load in each term of study in the first year for which an award is received, to 75% of the minimum full-time course load in each term of study in the second year for which an award is received, to 100% of the minimum full-time course load each term thereafter.

Attendance Policy for Financial Aid
The federal government will reduce the amount of a Federal Grant and Direct Loans student based on their attendance record. Therefore, all institutions participating in the Student Financial Aid programs must determine a policy framework by which to refund the federal government for a student’s lack of attendance.

Federal regulations 34 CFR Section 668.22 provides the guidelines for determining the refund policy based on a student’s “Last Date of Attendance.” Boricua College’s policy is presented below: