Financial Aid

Financing Reed

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Establishing and maintaining eligibility

Satisfactory Academic Progress (SAP)
Selective service
Drug convictions

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Students who fail to maintain eligibility for federal or state grant programs will not have these resources replaced with institutional grant funds.

Satisfactory Academic Progress (SAP)

To maintain eligibility for all types of financial aid at Reed College, students must make Satisfactory Academic Progress (SAP) towards a degree. SAP standards are based on federal regulations and apply to federal, state, and institutional financial aid. Financial aid SAP standards may differ from academic standards administered by the Registrar's Office for the faculty.

Satisfactory academic progress for financial aid recipients at Reed College is defined as earning a minimum of three units per semester and maintaining a minimum cumulative 2.0 grade point average. These requirements will be reviewed at the end of each semester. For federal funding (such as Pell Grant, SEOG, Federal Work Study, Perkins Loan, Direct Loan, and PLUS Loan), eligibility is limited to a total of 12 semesters of college attendance. For institutional funding, eligibility is limited to a total of eight semesters of attendance at Reed.

What Happens if you Fall Below SAP Requirements?

You will be placed on Financial Aid Warning for the following semester. During the semester you are on Financial Aid Warning you:

  • are eligible to receive financial aid
  • must complete a minimum of 3 units with a 2.0 semester grade point average

If you do not meet the minimum units and grade point average standard during the Financial Aid Warning semester, you will be placed on Financial Aid Suspension.

During Financial Aid Suspension you:

  • are not eligible to receive federal, state, or institutional financial aid
  • may appeal the financial aid suspension

Appealing Financial Aid Suspension

If you fail to meet SAP standards and have been placed on Financial Aid Suspension, you may appeal. Appeals must:

  • be submitted in writing to the Financial Aid Office.
  • be based on special, unusual, or extenuating circumstances causing you undue hardship. Examples may include a death in the family, student injury or illness, or other special circumstances approved by Reed.
  • include an explanation of the special, unusual, or extenuating circumstances causing undue hardship that prevented you from making SAP.
  • include an explanation of what has changed in your situation that would allow you to demonstrate SAP by the end of the next semester.

Supporting documentation is strongly encouraged and may be required.

Appeals are reviewed by the Financial Aid Appeals Committee whose decisions are final.

If your appeal is approved, you will be placed on Financial Aid Probation for the upcoming/current semester. You are eligible to receive financial aid during the Financial Aid Probation semester. If, during probation, you complete a minimum of 3 courses with a semester grade point average of 2.0 or above, you will be returned to good standing. If you do not, you will be placed back on Financial Aid Suspension.


Institutional grant funding is awarded for full-time, undergraduate study. Part-time students are ineligible for institutional funding, and eligibility for federal funding will be pro-rated based on the number of units in which the student is enrolled.


Verification is a process used to confirm the accuracy of certain data elements reported on financial aid applications. If your FAFSA (Free Application for Federal Student Aid) is selected by the U.S. Department of Education for Federal Verification, regulations require us to collect and review certain documents, and if necessary, make corrections to the information reported. The U.S. Department of Education will notify you if you are selected for Federal Verification at the time you submit your FAFSA. We will also notify you by email with more specific information on documents and deadlines. If you are selected for Federal Verification, don't panic or worry. Approximately one-third of all applications are selected by the federal government so you are not alone. If you need help with the submission of your verification materials, please contact the Financial Aid Office for assistance.

Selective service

Federal regulations state that anyone required to register with Selective Service at any time must have done so in order to receive federal financial aid. This requirement applies to some state grant programs also. Only students are required to register for Selective Service to be eligible for federal funds. Parents who want to borrow a PLUS Loan don't have to meet the registration requirement.

Drug convictions

Federal regulations state that a drug conviction can disqualify a student for federal financial aid. Some state grant programs have adopted these regulations as well. A conviction that was reversed, set aside, or removed from the student's record does not count, nor does one received when the student was a juvenile unless the student was tried as an adult. If the conduct leading to the conviction occurs during a period of enrollment for which the student is receiving Title IV grants, loans, or work assistance, the student loses eligibility for a specified period of time. If the conduct leading to the conviction does not occur while the student is receiving Title IV aid, a conviction has no effect on the student's future eligibility for aid.

For possession of illegal drugs, a student is ineligible following the date of conviction for:

  • One year for a first offense
  • Two years for a second offense
  • An indefinite period for three or more offenses

For sale of illegal drugs, a student is ineligible following the date of conviction for:

  • Two years for a first offense
  • An indefinite time for a second offense

If a student is convicted of both possessing and selling illegal drugs, and the periods of ineligibility are different, the student will be ineligible for the longer period.

If a student successfully completes a qualified drug rehabilitation program, the student regains eligibility on the date of completion; however, further drug convictions will make the student ineligible again.

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