· Your financial aid is only an estimated award until the aid is applied to your account.
· All awards are estimated are based on full-time status (12 credits or more).
· Some aid that you have been awarded could be cancelled or reduced if you decrease the number of credits you are taking, cease to attend classes or if your eligibility changes. You must pay for any educational costs not covered by your financial aid award.
· If you withdraw, cease to attend classes, or are dismissed from all of your classes before 60% of the semester has elapsed, the Office of Student Financial Aid is required by Federal regulations to recalculate your Federal aid, with the exception of work-study earnings. More details about this process are on this website under the Return to Title IV Policy and the Attendance Verification, Disbursement and Credit Balance Policy.
· The award you receive which is for an academic year (Fall and Spring) will not carry over to the next academic year. You must re-apply for all financial aid. The best time to apply is January or February prior to the fall semester of the academic year in which you plan to enroll. Financial aid does not cover the winter session. To receive aid for winter session you must also be enrolled in the spring session.
· Pell Grant funds not used in the fall and spring may be used in the summer. Please check with the Financial Aid Office to see if you have funds available for the summer session before you register. You will be responsible for paying any costs not covered by your summer award.
· If you have been awarded Federal Work-Study, you must work to earn the amount of your award. Approved Work-Study sites are located both on-campus and off-campus. Please refer to the Federal Work-Study Job Bank.
· You must maintain satisfactory academic progress and good academic standing to continue receiving financial assistance. Please refer to the Standard of Academic Progress Policy.
· Students, who are not eligible for financial aid, may contact the student accounts office to discuss other options for the payment of tuition and fees.