Graduate Financial Aid

Federal and Private loans are available for Seaver Graduate Students. In order to qualify for a Federal Direct Loan, you will need to submit the following to the Seaver College Office of Financial Assistance:

Free Application for Federal Student Aid (FAFSA)
If you are selected for verification, then you will need to complete the documents listed in your "To Do List."

After your financial assistance file is complete, your Financial Assistance Award will be available for you to view electronically via WaveNet. In the student Center you will be able to accept/decline awards. After you accept any loan(s) you will then be prompted to complete your MPN. All students are required to sign into WaveNet and check your "To Do List" often for updated information requests.

Seaver Graduate Student Satisfactory Academic Progress (SAP) Policy 

Pepperdine University is required by federal regulations (Sections 668.16(e), 668.32(f), and 668.34) to establish specific standards for measuring Satisfactory Academic Progress (SAP) for students receiving financial assistance. Pursuant to federal law, the University’s SAP policy ensures that all students who receive University, state, private, and/or federal financial aid progress toward degree completion. The Office of Financial Assistance will monitor compliance with the SAP policy for each student. Students must meet the requirements of the SAP policy outlined below to be eligible to receive financial aid. Questions about SAP policy should be addressed to the Office of Financial Assistance. 
The SAP standards consist of the following: 

• GPA Standard: Graduate students must maintain a minimum cumulative 3.000 GPA. 
• Pace Standard: students must maintain a 67 percent completion rate of all attempted units per semester, which will be re-evaluated at the close of each term.

GPA Standard: This standard is a qualitative measure of progress as determined by the student’s cumulative grade point average (GPA). Graduate students must meet the minimum GPA (3.000) required by their program.

Pace Standard: This standard is a quantitative measure of progress that calculates the pace at which a student is moving toward program completion by dividing the number of units completed by the number of units attempted. Graduate students must successfully complete for credit 67 percent of the units they attempt. 

Maximum Time Frame Standard: This standard is also a quantitative measure of progress; it determines whether a student is completing the academic program within a reasonable overall time frame, based on both units attempted and years enrolled. The maximum time frame is calculated by multiplying the units/time normally required to complete an academic program by 150 percent. “Normal time” is calculated at 8 units per term at 2 terms per year. Graduate students must complete all degree requirements within 150 percent of the maximum time frame described in the academic catalog and measured in attempted units.

Monitoring SAP Standards The Office of Financial Assistance will monitor GPA, Pace, and Maximum Time Frame Standards for graduate students at the end of each fall, spring, and summer term. Students who fail to meet SAP standards will be notified via email of the impact on their aid eligibility.