Financial Info Financial Aid   The University of South Alabama subscribes to the principle that the purpose of financial aid is to provide assistance to students who, for lack of funds, would otherwise be unable to attend college. Most assistance administered by the Financial Aid Office is need-based.   Advisors should refer students to the Financial Aid Office for specific information on the following types of assistance:   Grants and Scholarships • Federal Pell Grants • Federal Supplemental Educational Opportunity Grant (FSEOG) • Alabama Student Assistance Program (ASAP) • University "Name" Scholarships • Presidential Scholarships • Honors Program Scholarships • Junior College Transfer Scholarships   Long-term Loans • Federal Perkins Loan • Federal Stafford Loans (subsidized and unsubsidized) • Federal Parent Loan Program for Undergraduate Students (PLUS)   Employment • Federal College Work Study • Student Assistance Program • Cooperative Education • Off-campus Employment   Athletic Awards   Requirements - Federal regulations require the University to establish a reasonable academic policy which applicants for financial aid must meet. The policy must include a:   Qualitative Component • University's stated academic policies • Students with 64 semester hours or more must maintain a 2.00 cumulative grade point average   Quantitative Component • After 24 semester hours attempted, student's cumulative hours passed must be at least 75% of the cumulative hours attempted   Overall Time Frame • Students are no longer eligible to receive Title IV Federal Financial Aid (including loans) after attempting 16 full-time equivalent semesters. Transfer hours are included in the total hours attempted.   Students may appeal a decision of non-compliance. See the Financial Aid section of the Bulletin or Financial Aid Office's web site at http://www.finaid.usouthal.edu/ for more specific information on the appeals process.