Financial Aid Awards
A number of factors go into timing the release of financial aid awards: your admission to a degree-seeking program, having FAFSA results on file and our SAP review (returning students). With that in mind, the Office of Financial Aid generally begins the new school year award cycle in mid-July.
If we receive your FAFSA results after we begin awarding, you can generally expect to receive your financial aid award within 7-10 business days. All students will receive an e-mail notification to guide you through the steps to view and accept your awards online.
Adjustments to Aid
Per federal regulations, financial aid awards may be adjusted throughout the school year as changes occur in your enrollment status, academic standing or in the program eligibility itself. If your aid is adjusted you will be notified via e-mail.
ENROLLMENT STATUS CHANGE
You must be enrolled at least half-time (3 credit hours per semester) to be eligible to borrow via the Federal Direct Loan Program. If you need to drop below the registration hours we based your loan eligibility on during the semester, we encourage you to first speak with a financial aid counselor. At that time we will also review with you the potential impact dropping courses may have on your financial aid for the following year.
If you withdraw from your courses, either officially or unofficially, we will have to perform a 'Return to Title IV' aid calculation. Details regarding this process can be found here.