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For student aid, all students must maintain at least a semester GPA of 2.000. The College’s minimum GPA for Academic Standing status and graduation is a minimum 2.000 cumulative GPA. 

• completing the degree requirements within an established timeframe. 
• maintaining the minimum required grade point average (GPA). 
• achieving a minimum rate of academic progression each year. 

You can find the full Satisfactory Academic Progress (SAP) policy on our website, here.

These standards include an opportunity to appeal the denial of financial aid if the student has faced unusual circumstances which prevented the student from attaining the minimum standards.

Leaving ºÚÁϳԹÏÍø±¬ÍøÕ¾ includes leave of absence, suspension, or resignation. The process is as follows:

• If you leave at the end of the fall semester and have been enrolled throughout that period, we will cancel your spring semester aid.
• If you leave during a semester, your eligibility for aid will be recalculated for the length of time you were enrolled and in accordance with specific aid program rules.
• The bursar recalculates your ºÚÁϳԹÏÍø±¬ÍøÕ¾ bill based on the College’s refund schedule.

Federal Funds: Your eligibility for federal aid will be recalculated using federal rules. If you received or could still receive funds from federal programs, including Pell Grant, Iraq and Afghanistan Service Grant, Supplemental Grant, Perkins Loan, Direct Student Loan, or Direct Parent Loan, we determine the amount you have earned while enrolled based on the number of days you have been enrolled relative to the length of the semester. If you leave ºÚÁϳԹÏÍø±¬ÍøÕ¾ after completing 60 percent or more of the semester you have fully earned your federal funds for that period of time.

If we are required to return federal funds to their original sources, we do this using the following order:

• Unsubsidized Direct Loan
• Subsidized Direct Loan
• Direct Parent PLUS Loan
• Federal Supplemental Grant
• Iraq and Afghanistan Service Grant

ºÚÁϳԹÏÍø±¬ÍøÕ¾ and Other Funds: We will recalculate your eligibility of ºÚÁϳԹÏÍø±¬ÍøÕ¾ funds based on the length of time you were enrolled for that semester as well as your recalculated federal aid and recalculated charges. No change is generally made to your calculated student contribution for the semester, but the parent contribution may be adjusted. We will make any required changes to your aid package, parent contribution, and budget (cost of attendance) for the semester during which you withdrew or stopped attending and notify the Office of the Bursar of any changes to your aid.

Other funds are returned in accordance with the written policy provided to ºÚÁϳԹÏÍø±¬ÍøÕ¾ from the issuing organization. 

You will find your revised aid package in your portal under Aid Award.

Students who have borrowed loans, either during the year of the enrollment change or in the past, will be asked to complete loan exit counseling and will receive, either in person or via mail, a summary of loans borrowed and the servicer of the loan with whom the borrower will work during repayment.

The College has created a Withdrawal Information Checklist to help you consider the implications of leaving ºÚÁϳԹÏÍø±¬ÍøÕ¾ and guide you through the process. We recommend that you meet with a student aid counselor to discuss your particular situation before you leave, if possible.

No. Our admission process is need-blind, which means that admissions does not consider family finances in their selection criteria.

There are a few exceptions. Waitlisted and transfer students may be admitted under a need-aware policy. This means that admissions may consider family finances before making an admission decision.

To receive more information about educational tax credit benefits, including the 1098-T form, please visit the Bursar's Office website.

Graduates who live and work in Maine and have student loan debt may be eligible for the Opportunity Maine state tax credit.