This grade indicates that the student was progressing satisfactorily during the subject but was either (a) absent from the final examination or (b) absent during the last two weeks of the term (for a full-term subject) or the last week of the term (for a half-term subject), or both (a) and (b). Colleges report GPA (grade point average) on a 4.0 scale. The GAPG reviews the academic records of all graduate students at the end of each term (including the summer session), giving particular attention to students with cumulative ratings below 3.5 to 4.0. Federal student financial assistance for undergraduates includes: Federal Pell Grants, Federal Supplemental Educational Opportunity Grants, Iraq and Afghanistan Service Grants, Teacher Education Assistance for College and Higher Education Grants, Federal Perkins Loans, Federal Direct Subsidized Stafford Loans, Federal Direct Unsubsidized Stafford Loans, Federal Direct PLUS Loans for Parents, and Federal Work-Study. Grade given upon completion of the work in a later term also covers this term. Final grades may be changed to correct errors while you are a student or within three months following your departure from MIT. 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This may be done with or without the instructor requiring a postponed final examination or other additional evaluation procedure. More detailed information concerning procedures followed by this standing faculty committee may be found in the online publication, Graduate Policies and Procedures. A letter grade may be assigned if the work is subsequently completed. Additional information regarding freshman grading, hidden grades, and the sophomore exploratory, junior-senior P/D/F, and flexible P/NR grading options is available in the Undergraduate Education section. To achieve satisfactory academic progress for purposes of federal student financial assistance, an MIT graduate student must achieve the following qualitative and quantitative standards: At the end of each term, the Graduate Academic Performance Group (GAPG) considers the academic performance of all enrolled graduate students and decides on the appropriate action for those students not making satisfactory academic performance (e.g.