Transferring to university

I currently just finished my last two classes for my AA at a two year college. I failed one of my classes but will be testing out of it. What I am wondering is, when it comes to being accepted into the university will my financial aid be dropped because of that course or will my financial aid still be in good standing due to the fact my cumulative gpa is still good?

Your Satisfactory Academic Progress (SAP) should be based on your cum and your last semester.