When undergraduate students complete their degrees in the middle of the academic year, we are required to prorate the loan based on the student’s enrollment in aid-eligible courses for the fall semester.
What Are the Maximum Loan Amounts Based on Enrolled Hours?
Please note these are
maximum amounts the student’s enrollment in
aid-eligible courses for the fall semester.. The loan amount may be less if
the student does not have room in their budget for the maximum amount or has reached
aggregate loan limit (total amount they can borrow as an undergraduate student).
*Fall credits must be in in
Can Loans Be Prorated for Graduate or Professional Students?
Only undergraduate students completing their degrees in the middle of the academic
year are eligible for loan proration.