The US Department of Education has established a requirement that students receiving Federal Student Aid complete their degree within 150% of the time frame. Time frame is evaluated by the number of hours attempted. Students who are unable to graduate within the 150% time frame lose eligibility for financial aid when the hours needed to graduate and the hours attempted exceed the 150% limit.

For example, if your associate degree requires 60 semester hours to complete, you must be able graduate with no more than 90 credit hours attempted. If you have attempted 45 semester hours and have 25 hours remaining, the total hours needed to graduate are 70. You are no longer eligible for financial aid without an approved appeal.

Likewise, if you are pursuing a bachelor's degree that requires 120 semester hours to complete, you must be able graduate with no more than 180 credit hours attempted. If you have attempted 135 semester hours and have 50 hours remaining, the total hours needed to graduate are 185. You are no longer eligible for financial aid without an approved appeal.

In addition to the Appeal documents, you will also need an Academic Plan that outlines the courses required for graduation. You will need to strictly adhere to this plan to remain eligible for financial aid.
Derrick Logozzo and Melissa Logan have advised students well into out of state tuition territory and while wallowing in out of state tuition from hell they may also end up over the 150% maximum and have to pay out of state tuition with no financial aid left. Disastrous!!!!