Attendance & Grading

Attendance

Student attendance and class participation play an important role in the education process. For this reason, CFT has adopted the following attendance policy. More than three absences in a 15 week course, two absences in a 10 week course, one absence in a 5-8 week course, or any absence in a course of less than 5 weeks may result in the loss of course credits, a decrease in grade, or removal from the course. The entire cost of the course will still be charged and the student may be responsible for those charges.

Substitution

If you intend to withdraw prior to the start of class, a substitute may attend. CFT must be notified in writing of a substitution prior to the start date to avoid the withdrawal fee.

Grading

The Center for Financial Training uses an official letter grading system for courses eligible for awarding credit. Letter grades are awarded as follows:

  • A (90-100) Superior
  • B (80-89) Excellent
  • C (70-79) Satisfactory
  • D (60-69) Lowest Passing
  • F (< 60) Failing
  • I = Incomplete (“I” is recorded if the student is unable to complete the work in a course upon conclusion for legitimate reasons. If the work is not completed within one month of the conclusion of the course, the “I” automatically becomes an “F”.)
  • P = Passing (This grade is used for programs of less than two credits, for which the letter grading system is inappropriate. The “P” is excluded from calculation of the grade point average.)
  • T = Transfer Credit (This grade is recorded for transfer credit from accredited colleges and universities. Only courses completed with a grade of “C” or better may be considered for transfer credit. The “T” is excluded from a calculation of the grade point average.)
  • W = Withdrawal (Used when written notification is received prior to the conclusion of class. An “F” will be recorded by the CFT office if the student has not withdrawn in writing.)

All grades will be reported to the student’s manager/supervisor at the end of each semester. Grades will not be given out over the phone.

Credits

Upon successful completion of a course, the student will be eligible for CFT credit associated with that course. The Center for Financial Training will attest to the student’s eligibility for credit when the student applies for a diploma or certificate. One contact hour equals 50 minutes of classroom time. The number of contact hours determines how many credits you earn:

0 credit = 0-4 instructional hours
1/4 credit = 4-6 instructional hours
1/2 credit = 6-14 instructional hours
1 credit = 15-29 instructional hours
2 credits = 30-44 instructional hours
3 credits = 45-59 instructional hours