According to the Otis College Academic Integrity policy, the following can result from plagiarism:
Additional recommendations may be imposed at the discretion of the committee and with the approval of the Vice President of Campus Life or the Dean of Student Affairs.
The plagiarism policy is found within the Hoot, the Otis College Student Handbook under Academic Integrity. It is a form of academic misconduct and is a violation of the Code of Conduct and subject to disciplinary sanctions.
Self-plagiarism is possible and it's just as serious.
Self-plagiarism, or "double-dipping," is deception and goes against the core principles of ethical writing. Papers are assigned for you to demonstrate what you have learned in a particular class. If you reuse a paper you wrote for a previous class, you are not demonstrating new learning.
Examples of self-plagiarism: