Please note that financial aid for the current semester can be impacted by withdrawing
from courses. See our
Withdrawing from Courses page for more information.
Maintaining financial aid for future academic years can involve various components.
- Know the requirements necessary to maintain specific aid programs from one year to the next, and ensure you are meeting the renewal requirements. State grant and scholarship programs often have academic requirements which must be met in order to renew the aid - such as a certain number of credit hours and/or a minimum grade point average.
- Maintain Satisfactory Academic Progress for overall financial aid eligibility. In addition to specific program requirements, there are certain academic progress standards a student must meet to remain eligible for all financial aid (with the exception of some private loans).
- Complete the Free Application for Federal Student Aid (FAFSA) each academic year you would like to be reviewed for financial aid. Students are encouraged to complete the FAFSA by March 1 for the upcoming academic year. Not only do students need a FAFSA for federal student aid, but many state grant programs and some scholarships do require a FAFSA on file. Reapply for aid each year!
Be aware of limitations on how long certain aid programs may be received.
- Many scholarships and state grants are limited to eight undergraduate semesters
or completion of a bachelor's degree, whichever comes first.
- The Federal Pell Grant is limited to twelve undergraduate semesters of full-time enrollment or completion of a bachelor's degree, whichever comes first.
- Federal Direct Subsidized and Unsubsidized Loans have
aggregate limits. Students may only borrow up to a certain amount
throughout the course of their education.