Financial aid for the trimester is based on the number of credits a student is registered for at the end of the drop/add period. At that time, financial aid will be credited to the student’s account. Students who have been selected by the U.S. Department of Education for verification must have the verification process completed before financial aid will be released. Students will be notified of the procedure by the Financial Aid Office.

Students eligible for the Federal Pell Grant need to have the verification process completed no later than 120 days after their last day of enrollment or August 31, whichever is earlier. Students eligible for the Federal Supplemental Educational Opportunity Grant (FSEOG) have until 120 days after their last day of enrollment, and students requesting loans need to have the verification process completed by their last day of enrollment.

If a credit occurs after Title IV (federal) aid has been disbursed to the student’s account, the credit will be issued to the student or parent within fourteen days by Sallie Mae.  In order for the funds to be issued quicker, it is recommended that the student sign up for the debitcard/Sallie Mae Free Checking Account.  Students or parents who want the credit to stay on the account must provide written notification to the Financial Aid Office. Students or parents who have given the school permission to hold their credit and then decide otherwise must provide written authorization of change to the Financial Aid Office. Students should be prepared to cover their own living expenses well into the trimester.