Grants Automatically Adjust During the First Three Weeks of the Semester.
Frequently Asked Questions:
- Q. Why do grants adjust?
Grants
are awarded according to your enrollment status. For example,
a full-time student generally receives twice as much as a half-time
student. Your grant is now based on the credits that will appear
on your transcript, which are the classes you are in on the last
day to add. ACG Grants and SMART grants require full-time status. Dropping below 12 credits will require immediate repayment of these grants.
- Q. What grants are
affected?
All
federal grants (Pell, SEOG, LEAP).
Pell grants usually require at least one credit to disburse. SEOG and LEAP grants require at least 6 credits. ACG Grants and SMART grants require full-time status. Dropping below 12 credits will require immediate repayment of these grants.
- Q. What is full-time,
3/4-time, 1/2-time, less-than-1/2-time?
Full-time is 12 or more credits; 3/4-time is
9-11 credits; 1/2-time is 6-8 credits. Less-than-1/2-time is 1-5
credits.
- Q. If I drop classes
during the first three weeks, will I owe money back?
Yes.
If your enrollment status drops (like from full-time to three-quarter
time) after we have disbursed your grant to you, you will have
to pay part of your grant back. In some cases, you may need to
repay all of it. ACG Grants and SMART grants require full-time status. Dropping below 12 credits will require immediate repayment of these grants.
- Q. What about summer term?
In summer, your grants will adjust up and down until the last day to add classes of the last summer term. If your enrollment status drops (like from full-time to three-quarter
time) after we have disbursed your grant to you, you will have
to pay part of your grant back. In some cases, you may need to
repay all of it.
- Q. What happens if
I add classes to make up for the ones I drop?
If
you add classes during the first three weeks to make up for the
ones your drop, you will not have to repay the grant. You must
do this before the end of the third week, however.
- Q. You mean, "late
adds" won't help?
That's
right. Federal regulations won't allow a "late add" to count. You must be registered in class before the end of the
third week.
- Q. When will I have
to pay the grant back?
Repayments
will be due immediately. You will be prevented from registering,
getting a transcript, or graduating until you repay.
- Q. What if I add
classes after the third week?
Grants will not pay for any classes added after the first three weeks of the term (except summer term). Grants
are only adjusted for the first three weeks of the semester. After
that, your grant will no longer adjust. If you register for a class or classes after the last day to add, you will not receive your grant.
- Q. What if I drop
classes after the third week?
Grants
are only adjusted for the first three weeks of the semester. After
that, your grant will no longer adjust. However, you will receive
a W for credits you drop after the last day to add and this could
mean you do not make Satisfactory Acacemic Progress and lose your
eligibility for aid.
- Q. Will grants increase
as well as decrease?
Yes.
For example, if you start the semester at half-time and add enough
credits during the first three weeks to be full-time, your grant
will increase to a full-time grant. Automatically. You should
see the new amount on your account the following day.
- Q. What happens if I drop all of my classes?
Students who completely withdraw from the University during the course of a semester are required to return a percentage of their Federal Student Financial Aid. All types of Federal Financial Aid are included in the repayment, including: Pell Grants, Supplemental Grants, Perkins Loans, and Stafford Loans.See full policy.