Beginning with the high school graduating class of 2012, all Oklahoma’s Promise high school graduates will be subject to a second family income check when the student begins college. The income of the student’s parents cannot exceed $100,000 at the time the student begins college.* The family’s income will be verified through filing the Free Application for Federal Student Aid (FAFSA). The 2011 Legislature changed and simplified the definition of the income that will be counted toward the $100,000 limit to “federal adjusted gross income.” Previously, the law had defined income as all “taxable and nontaxable” income. However, this definition change applies only to the second income check at the time the student begins college. The definition of income for the $50,000 family income limit when the student initially applies for Oklahoma’s Promise in the eighth, ninth or 10th grade has not changed and remains defined as all “taxable and nontaxable” income.
*Special income provisions apply to students who were adopted from certain court-ordered custody or who were in the custody of court-appointed legal guardians. If the student is determined to be “independent” for federal financial aid purposes, the limit will be based on the income of the student, not the parents.
The 2011 Oklahoma Legislature delayed the implementation of unique statutory college GPA requirements for Oklahoma’s Promise students. The GPA requirements will now first apply to Oklahoma’s Promise students entering college in 2012 and thereafter. They will not apply to Oklahoma’s Promise students already enrolled in college prior to 2012. The GPA requirements include a cumulative 2.00 GPA for courses taken by the end of the student’s sophomore year and a cumulative 2.50 GPA only for courses taken as a junior and above.
Beginning in 2012-13, all Oklahoma’s Promise college students receiving the award (not just entering freshmen) will be required to meet federal “satisfactory academic progress” (SAP) standards as defined by the college in which they are enrolled. Federal SAP policy contains both GPA requirements and minimum standards for completing courses in which the student enrolls. This requirement is in addition to the statutory GPA requirement discussed above and will apply to all Oklahoma’s Promise award recipients whether or not they are also receiving federal student financial aid. Any Oklahoma’s Promise student who is ineligible to receive federal financial aid for failure to meet institutional SAP requirements will also be ineligible to receive the Oklahoma’s Promise award.