For those enrolled in courses, the Graduate Division's minimum standard
for satisfactory work is a B average in each academic year. Those who
have completed course requirements and are preparing either the M.A.
Research Paper or the Ph.D. Dissertation must demonstrate steady and
substantial progress toward the completion of the degree. Those who do
not maintain the necessary average or who fail to demonstrate progress
in their research may be required to withdraw.

Penn's Graduate Division regards the completion of courses on schedule
as a condition of satisfactory academic performance. Incomplete work is
assigned the mark "I" on students' transcripts. Students who carry an
"I" late into the semester following that in which the work was due will
receive a warning from the Graduate School. Work left incomplete in
August (for fall courses) or December (for spring courses) will result
in a suspension of financial aid. Those with incompletes on their records cannot serve as teaching assistants, hold University fellowships, or sit for the Ph.D. preliminary examination.