In order to receive financial aid each academic year, you need to submit a new Free Application for Federal Student Aid (FAFSA). Below are some other topics that apply to continuing students.
Financial aid is available on a prorated basis to students who are approved for part-time enrollment at Berklee through the Counseling and Advising Center. The amount of credits for which you are enrolled can have an impact on the amount of aid you receive. Students are required to complete four full-time semesters at Berklee before they are eligible to receive institutional funds on a per-credit, prorated basis. All part-time students must continue to make satisfactory academic progress to be considered for financial aid funding. Not all students are eligible to enroll for fewer than 12 credits. Failure to seek the approval of the Counseling and Advising Center will result in being billed for full-time enrollment no matter what the student’s credit load is.
To be awarded financial aid for the summer semester, along with filing the FAFSA, you also need to submit a Summer Aid Application.
All students are required to consistently meet or exceed the following three SAP standards each semester:
- A cumulative grade point average (CumGPA) of 2.00
- A cumulative credit completion percentage (CumCCP) of 70 percent, calculated by cumulative credit hours completed divided by cumulative credit hours attempted
- Completion of graduation requirements within 150 percent of the published length of the degree or diploma program, e.g., complete the 120-credit degree program within 180 attempted credits
Students who fail to meet or exceed any one of the SAP standards for the first time will be placed on suspension warning. Students in suspension warning status are given one additional semester of enrollment and financial aid eligibility to meet SAP standards.
Per federal regulation, students who receive Title IV federal financial aid and who fully withdraw from Berklee on or before the 60 percent point in the term (in calendar days) are entitled to keep only the portion of Title IV federal student aid that they have earned to that point. If a student who is receiving federal financial aid withdraws after the 60 percent point of the term, he or she is considered to have earned all of the federal student aid for that semester.
Students who need to withdraw from Berklee are required to submit a Withdrawal from the College form in order to be officially withdrawn from the term. There are two locations to do this:
- U.S. citizens (or permanent residents) who are withdrawing from the college for any reason other than a medical or mental health issue should go to the Office of the Registrar.
- Students withdrawing from the college for medical or mental health reasons should go to the Counseling and Advising Center.
As part of our student success strategy, Berklee has partnered with Educational Credit Management Corporation (ECMC) Solutions, a free service to promote financial literacy and lower student loan default rates. Visit their website for more information about default prevention programs.