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In most college and some certain high schools,
there are usually this policy that expels/suspends/gives students probation due to the students' unsatisfying overall GPAs.
What is this policy usually called?
Is it academic regulation?
To the best of my knowledge,
academic regulation is just the umbrella term that covers up a lot of issues regarding the students' academic performance.
Comments  
Hi

Suspension.

Prajwal
prajwalkrHiSuspension.Prajwal
I know that it's suspension the students have to face when they fail to maintain a certain overall GPA.
What I'm looking for is the NAME OF the POLICY that's particularly set to determine wether a student should be expelled due to his/er academic performance.
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Hi
I am unable to think of a specific phrase for it.

Academic Probation?

http://ls-probation.berkeley.edu/definition.html (see the first line)

Prajwal