A student must finish the requirements of a course of any college within a period of actual residence equivalent to 1 1/2 times the normal length prescribed for the course, otherwise, he shall not be allowed to register further in that college.

This rule shall not apply to graduate students who are covered by specific rules or to students governed by existing rules regarding a maximum period. Furthermore, account shall be taken of the provision of Article 243 of the Revised University Code which states that the members of the faculty, officers and employees of the University have a privilege of enrolling in the University for not more than 6 units a semester at reduced rates of fees.