Need your help !

snowbird

Hi everyone,
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I need your help on how to interpreted the following sentence, which is excerpted from a UA document.
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$ X5 X. d# M4 n9 h4 F1 r. V! y"A student's progress is evaluated on completion of academic studies for Fall/Winter"
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My question is which of the following two interpretations is correct?
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& B& z/ B4 o0 [4 B' x" E. |- o1. The progress will be evaluated on completion of Fall studies (First year student)
2. The progress will NOT be evaluated UNTIL completion of both Fall and Winter terms?

% z& Z/ |+ l/ K0 Q; @Thanks for your help !

Salmon162

"A student's progress is evaluated on completion of academic studies for Fall/Winter" means the evaluation would be made at the end of each of Fall semester and Winter semester.

snowbird

Thanks Salmon, much appreciated !