The	policy	on	excused	absences	of	your	school9s	accrediting	agency	or,	if	you	have	more	than	one	accrediting
agency,	the	policy	of	the	agency	that	you	designate	to	the	Department	as	the	agency	whose	accreditation	will	be
used	in	determining	your	school9s	eligibility	to	participate	in	the	Title	IV	programs	(see	the	guidance	in	Volume	2,
Chapter	1	on	<Dual	Accreditation=	for	more	information);
The	policy	on	excused	absences	of	any	state	agency	that	licenses	your	school	or	otherwise	legally	authorizes	your
school	to	operate	in	the	state;	or
10%	of	the	clock	hours	in	the	payment	period.
Payment	Period	Summary
Program	Type Direct	Loan Pell,	TEACH,	and	FSEOG
Credit-hour	programs	offered	in
standard	terms	and	nonstandard	term
programs	offered	in	terms	that	are
substantially	equal	in	length.
The	payment	period	is	the	term. The	payment	period	i s	the	term.
Credit-hour	programs	offered	in
nonstandard	terms	that	are	not
substantially	equal	in	length.
The	payment	period	is	the	period	of
time	in	which	the	student
successfully	completes:
half	of	the	weeks	of	instructional
time	in	the	academic
year/program	less	than	an
academic	year;	and
half	of	the	credit	hours	in	the
academic	year/	program	less
than	an	academic	year.
For	the	remainder	of	a	program
equal	to	or	less	than	half	of	an
academic	year,	the	payment	period
is	the	remainder	of	the	program.
The	payment	period	is	the	term.
Clock-hour	programs	and	non-term
credit-hour	programs.
The	payment	period	is	the	period	of
time	in	which	the	student
successfully	completes:
half	of	the	weeks	of	instructional
time	in	the	academic
The	payment	period	is	the	period	of
time	in	which	the	student
successfully	completes:
half	of	the	weeks	of	instructional
time	in	the	academic
Excused	Absences	in	Clock-Hour	Programs
34	CFR	668.4(e)
{"producer": "GPL Ghostscript 10.00.0", "creator": "wkhtmltopdf 0.12.6", "creationdate": "D:20250418120630Z00'00'", "moddate": "D:20250418120630Z00'00'", "source": "data/raw/Academic_Calenders_Cost_of_Attendance_and_Packaging.pdf", "total_pages": 57, "page": 14, "page_label": "15", "loader_type": "pdf", "load_timestamp": "2025-07-05T11:43:14.400165"}