Credit Accrual

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Credit Accrual
Credit accrual in the context of State student financial assistance refers to an element of good academic standing, specifically, satisfactory academic progress toward a degree. Each term an award is received, a student must accrue (earn) a minimum number of credits with a minimum cumulative grade point average to be making satisfactory academic progress and eligible for a subsequent award. 

Students first receiving State financial assistance prior to the 2006-2007 academic year are subject to the standard of satisfactory academic progress approved by the Commissioner of Education and in effect at their institution.

For students first receiving aid in 2006-2007 and thereafter, the undergraduate credit accrual and grade point average requirements are mandated in Education Law for all recipients. 

Standards of satisfactory academic progress for graduate study remain those approved by the Commissioner.

See also...

Satisfactory Academic Progress