The standard financial aid budget assumes a student will enroll and maintain enrollment for a minimum of 12 credits. To remain eligible for federal loans and to be able to borrow for living expenses, your enrollment must include courses that span the full length of the semester (e.g. Fall: August - December, Spring: January – May). Students electing to enroll in courses which span only a portion of the semester (e.g. A-term only, B-term only or block weeks at the beginning and end of the semester only) will require an adjustment to the indirect expense portion of their financial aid budget that reflects the proportionate number of days that constitutes their actual days enrolled. These expenses include room and board, personal expenses, and books and supplies.
Students who are receiving financial aid, which results in a refund for living expenses, should be mindful of this requirement when considering their enrollment during the registration process. Enrollment for a portion of the semester will reduce their eligibility for a refund (this includes registration changes made during B-term add/drop). Students who received a refund at the beginning of the semester, based on enrollment that spanned the entire semester, who subsequently change their enrollment to a partial semester, may be required to return all or a portion of their refund.
Students considering enrollment which does not include at least one full-semester length course should consult with the Office of Financial Aid to understand their eligibility.