Title IV funds refer to the federal aid awards authorized by the U.S. government. The Title IV programs at Lander include the Pell Grant, SEOG Grant, PLUS loan, Stafford Loan, Perkins Loan, and Federal Work-Study. Unsubsidized loans accrue interest while the student is in school. Students have the option of paying interest quarterly, or allowing the interest accrued during enrollment to be added to the loan principle. Federal law requires that Lander University evaluate all students academic progress toward the completion of their academic programs.
Evaluation is conducted at the end of each semester.
The quantitative evaluation requires that all students complete a minimum number of hours each semester. Students who fall below the required minimum number of hours lose eligibility to continue to receive Title IV funds, until such time as the deficiency of hours is made up. The qualitative evaluation requires that all students who begin any semester on Academic Probation must remove themselves from Academic Probation at the end of that semester in order to remain eligible for Title IV funds. Students on Academic Probation at the end of two consecutive semesters lose all eligibility for Title IV funds until such time as they remove themselves from Academic Probation. The exception to this policy is detailed below, pertaining to students who are admitted or re-admitted on Academic Probation.