Final answer:
Carlos is on financial aid warning because he did not complete 67% of his courses after withdrawing from two, reducing his credit hours to 6, which is below the requirement for satisfactory academic progress.
Step-by-step explanation:
According to the Financial Aid Satisfactory Academic Progress policy, colleges typically require that students maintain a certain level of academic achievement and complete a percentage of the courses they attempt in order to continue receiving financial aid. Withdrawing from courses after the refund deadline usually means the student is still accountable for those courses within the SAP measurement.
Since Carlos registered for 12 credit hours and withdrew from two courses, reducing his hours to 6, he did not complete at least 67% of his attempted courses, assuming a standard that requires completion of two-thirds of attempted hours. Furthermore, Carlos's GPA of 2.5 might or might not meet the institution's required minimum standards, depending on their specific policy.
However, the most straightforward issue here is that Carlos withdrew from two courses after the refund deadline, causing him to fall below the required completion ratio. Thus, Carlos is on financial aid warning because he did not complete 67% of his courses and/or withdrew from two courses.