Academic bankruptcy is the removal of one to three semesters of grades from the calculation of a student’s cumulative grade point average (GPA). The following apply to any request for academic bankruptcy:
- Academic bankruptcy is initiated by a written request from the student to the registrar/records official.
- Upon receipt of the student’s request, the college will inform the student that an award of academic bankruptcy may impact his/her financial aid status.
- Academic bankruptcy may only be declared once and may be applied to no more than three (3) semesters, which do not have to be consecutive.
- The bankrupted courses and grades remain on the transcript but are not calculated in the student’s cumulative GPA.
- None of the coursework taken during a semester for which academic bankrupcy is declared, including hours completed satisfactorily, will be used to fulfill degree requirements.
- To be eligible for academic bankruptcy, the student must have completed 12 semester credit hours or coursework at the college since the most recent semes- ter for which the academic bankruptcy is being requested. A grade of “C”, “S”, or higher is required in each course in 12 semester credit hours in the post-bank- ruptcy period.
- When a student receives a declaration of academic bankruptcy, a permanent notation of “ACADEMIC BANKRUPTCY” will be reflected on the transcript for each semester affected.
- Approval of the academic bankruptcy status at a college does not guarantee other institutions will honor that status. This determination will be made by the respective transfer institution(s).