This statement outlines the academic policies of the City Colleges of Chicago. Part I outlines the Institution's academic standards, covering: (1) student class attendance; (2) the grading system; (3) mid-term grades; (4) the use of non-grade designations; i.e., administrative initiated withdrawal, auditor, no-show withdrawal, incomplete, and student initiated withdrawal; (5) cumulative grade point average; (6) minimum cumulative grade point average; (7) academic status; (8) academic warning; (9) exclusion; (10) course pursuit certification; (11) repeating courses; and (12) student revisions. Part II establishes the standards for satisfactory academic progress required of students receiving financial aid as mandated by federal guidelines for financial aid eligibility which stipulate that standards be as rigorous or more rigorous than the standards required of non-financial aid students. This section includes information on requirements for grades and academic progress; program time frames; extensions in time frames due to enrollment in developmental, prerequisite, or repeated courses; program changes; and enrollment in courses extending beyond the 60-hour associate degrees, 30-hour advanced certificates, or 24-hour basic certificates. In addition, explanations are provided of requirements for course repeats and withdrawals; incompletes; and provisions for transfer and continuing students. Finally, procedures for evaluating mitigating circumstances and financial aid reinstatement are presented. (AYC)