Should GPA Affect Student Loan Qualifications?

My grandson is a high school senior. He has a 4.0 Grade Point Average (GPA) and has always taken his studies quite seriously. He has known for some time exactly what he was working towards and applied at three different colleges last year, for their pre-pharmacy program. He was accepted at all three colleges. He also knows he will have to secure student loans, whatever grants he can find and he'll have to work part time.

Responsibility Starts with Grades

My son and daughter in law expected good grades because they knew my grandson was capable of it. He expected it of himself because he already had a life plan set up. He held a high GPA because he knew it would help him get into the college program of his choice. So he was accepted into the pre-pharmacy program he wanted, does that mean his hard work should be over? Actually it means just the opposite; he'll have to work even harder at keeping his grades up to maintain the GPA level to stay in the pre-pharmacy program.

Most colleges expect you to carry a certain GPA to stay enrolled. A large percent of college bound students need student loans to help them pay the tuition. Student loans should be subject to the student carrying a higher GPA, just like college attendance and life in general expects. Some student loans actually do require a GPA of at least 2.0 or the next semesters loans will be held up.

Teaching a Life Lesson

College may be party land for some students, but for others it's a step into adult hood. Parents struggle financially to send their child to college. Expecting that student to hold a higher GPA average teaches them responsibility. Mom and Dad may have to borrow money for some of the tuition. They wouldn't be able to do it if they don't have a fairly high credit score. Adult life expects something for something, whether it is a job or a loan. The sooner college students realize it, the better off they will be.

Financial institutes require high credit scores and collateral to insure that the loan will be paid back. The institutes that process student loans need the same assurance. If the student is not capable or willing to hold a certain GPA they probably aren't capable of acquiring the job they will need to pay the loan back. If the student doesn't feel their GPA is important, who's to say they would take a job seriously enough to do their best?