Prospective Students Current Students Business & Industry Faculty & Staff Alumni Visitors
 
Financial Aid Information
Financial Aid Home
Getting Started
Undergraduate Students
Graduate Students
International Students
Summer Financial Aid
Disbursements and Refunds
Student Employment
Academic Progress Policy
Appealing Financial Aid
Withdrawing from IIT
Contacts
 
Dates and News
Important Dates
Financial Aid News
 
Applications and Forms
FAFSA Web Site
Financial Aid Forms
Loan Promissory Note and Application
Loan Counseling
 
Additional Resources
Publications
Helpful Web Sites
Scholarship Searches
Payment Plans
 

Office of
Financial Aid

3300 S. Federal St.
Main Building, Rm 104
Chicago, IL 60616
   
Phone: 312.567.7219
Fax: 312.567.3982
E-Mail: finaid@iit.edu
Have Ideas?

INFORMATION
 
Reasonable Academic Progress Quiz

Below is a quiz that will test your knowledge of reasonable academic progress. Complete the quiz and compare your answers to the answer key.

 
Question 1: Multiple Choice
1 point possible
     
 

Question:When is the Financial Aid Standards of Progress for each student reviewed?

Possible answer (s):

A. At the beginning of each academic year
B. At the end of the academic year
C. At the end of each semester
D. During the summer

     
Question 2: Multiple Choice
1 point possible
     
 

Question: Which of the following are included in the attempted credit hours for financial aid?

Possible answer (s):

A. Withdrawals (W)
B. Incompletes (I)
C. Failing Grade (E)
D. All of the above

     
Question 3: Multiple Choice
1 point possible
     
 

Question: If I am terminated from financial aid, I may:

Possible answer (s):

A. Attend the next semester, but will have to pay for my classes on my own
B. Seek other sources of financial assistance
C. Request for reinstatement of financial aid eligibility after the appeal process
D. All of the above

     
Question 4: Multiple Choice
1 point possible
     
 

Question: At the end of the academic year, I must satisfactorily complete what percentage of enrolled hours for that term?

Possible answer (s):

A.50%
B. 66%
C. 67%
D. 70%

     
Question 5: Multiple Choice
1 point possible
     
 

Question: If I want to withdraw from a class and determine how that affects my financial aid eligibility, what should I do?

Possible answer (s):

A. Speak with an instructor
B. Speak with a financial aid representative
C. Stay in class regardless of the outcome of the grade
D. Withdraw from the class immediately

     
Question 6: Multiple Choice
1 point possible
     
 

Question: If I fail to maintain a cumulative 2.0 GPA after attempting 61 or more credit hours, how long will I be on financial aid probation?

Possible answer (s):

A. One semester
B. One academic year
C. I will not be placed on probation
D. Four semesters

     
Question 7: True/False
1 point possible
     
 

Question: I will be placed on financial aid suspension if I fail to complete 67 percent of my total hours attempted, fail to maintain a 2.0, and attempt more than 150 percent of the number of hours required to graduate from my program.

Possible answer (s):

A. True
B. False

     
Question 8: True/False
1 point possible
     
 

Question: Only passing grades count toward financial aid attempted hours.

Possible answer (s):

A. True
B. False

     
Question 9: True/False
1 point possible
     
 

Question: If I change my major, my maximum allowable hours of financial aid may change.

Possible answer (s):

A. True
B. False

     
Question 10: True/False
1 point possible
     
 

Question: Transfer credits are included in the reasonable academic policy.

Possible answer (s):

A. True
B. False

     
Question 11: True/False
1 point possible
     
 

Question: If I attempt more than 150% of the number of hours required to graduate from my program, I will be suspended from receiving financial aid.

Possible answer (s):

A. True
B. False

     
Answer key

© 2008 Illinois Institute of Technology 3300 South Federal Street, Chicago, IL 60616-3793 Tel 312.567.3000