g a d s d e n s t a t e
c o m m u n i t y c o l l e g e
PETITION FOR ACADEMIC BANKRUPTCY
NAME:___________________________ STUDENT ID (A#): __________________ Phone:__________________
POLICY AND CRITERIA
Academic bankruptcy is the removal of one to three semesters of grades from the calculation of a student’s cumulative
grade point average (GPA). Academic Bankruptcy may be implemented prior to graduation and/or formal awards. A
student may request academic bankruptcy in writing by completing this Petition for Academic Bankruptcy. The form must
be submitted to the Office of Admissions and Records for processing. Forms can be emailed to
records@gadsdenstate.edu,
mailed to P.O. Box 227, Gadsden, AL 35902, or submitted in person to the Records office.
To be eligible for academic bankruptcy, the student must have completed 12 semester credit hours of coursework at the
College since the most recent semester for which the academic bankruptcy is requested. A grade of “C”, “S”, or higher is
required in each course in 12 semester credit hours in the post-bankruptcy period.
A
cademic bankruptcy may only be declared once and may be applied to no more than three (3) semesters, which do not
have to be consecutive. The bankrupted courses and grades remain on the transcript but are not calculated in the
student’s cumulative GPA. None of the coursework taken during a semester for which academic bankruptcy is declared,
including hours completed satisfactorily, will be used to fulfill degree requirements. Developmental courses successfully
completed during a period of academic bankruptcy can be used to fulfill prerequisites. Once academic bankruptcy has
been granted, a permanent notation of “ACADEMIC BANKRUPTCY” will be reflected on the transcript for each semester
affected. Approval of the academic bankruptcy status at a college does not guarantee other institutions will honor that
status. This determination will be made by the respective transfer institution(s).
ELIGIBILITY
Have you previously requested academic bankruptcy? Yes No
Have you previously graduated at GSCC or earned an award? Yes No
Have you completed 12 hours at Gadsden State since the term you are
requesting to bankrupt? Yes No
Did you complete the 12 hours with a grade of C or higher in each course? Yes No
REQUESTED TERMS TO BANKRUPT
Term 1: (Fall/Spring/Summer) Year:
Term 2: (Fall/Spring/Summer) Year:
Term 3: (Fall/Spring/Summer) Year:
BY SIGNING THIS DOCUMENT THE STUDENT UNDERSTANDS AND ACKNOWLEDGES THE FOLLOWING
1.
Academic Bankruptcy may not be applied to NUR courses at Gadsden State
2.
Academic Bankruptcy may impact Satisfactory Academic Progress (SAP) for financial aid eligibility and
continued eligibility.
3.
Courses will not be removed from the transcript and each bankrupted term will be marked “ACADEMIC
BANKRUPTCY.”
4.
Bankrupted term(s) will not be used in calculating cumulative grade point average while at Gadsden State, but
there is no guarantee that any other school will honor this action.
5.
I may declare academic bankruptcy one time only, and academic bankruptcy is irreversible.
6.
All courses in a bankrupted term(s) are included in the bankruptcy, even those satisfactorily completed, at
whatever grade is recorded.
STUDENT SIGNATURE: _________________________________DATE: ______________________
PROCESSED BY: DATE:
Rev. 9/20
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