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The FN grade indicates that a student has failed a course due to non-attendance. It is calculated as an "F" in the student's grade point average. For students receiving financial aid, failure for non-attendance may require the student to refund to the college all or part of their aid.
The NMSC uses the PSAT/NMSQT as the initial screen of over 1.5 million program entrants. In the spring of the junior year, NMSC determines a national Selection Index qualifying score (critical reading + math + writing skills scores all multiplied by two) for "Commended" recognition, which is calculated each year to yield students at about the 96th percentile (top 50,000 highest scorers).
Universities use 0–100 point grade scaling similar to the United States grading. 71 is required to pass, or roughly the equivalent of a C. Schools use the 1–5 point system, meaning if a student has a 4.5 that is the equivalent of an A− or somewhere around the 95-point range.
The Australian Government's common measure of university course credits is known as Equivalent Full-Time Student Load (EFTSL). Under this system, a normal full-time load of study is 1.000 EFTSL per year or 0.500 EFTSL per semester, regardless of the credit point structure at each university.
College advisers suggest that parents keep financial records, including tax forms, business records, to use when applying for financial aid, [80] and complete the FAFSA online, using income and tax estimates (usually based on previous years), early in January of their college-bound student's twelfth grade. [74]
The National Association of College and University Business Officers (NACUBO) maintains information on endowments at U.S. higher education institutions by fiscal year (FY). [1] As of FY2023 [update] , the total endowment market value of U.S. institutions stood at $839.090 billion, with an average across all institutions of $1.215 billion and a ...
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