Single Semester Financial Aid
If you are a graduating senior and only attending one semester (i.e. fall only or spring only), the Office of Scholarships and Financial Aid (OSFA) is required to reduce your cost of attendance (COA)/budget to reflect one semesters cost. In most cases, a reduction of your COA/budget will reduce your financial aid eligibility and in a possible reduction of your awards (even if you have already accepted them). We can not award above your COA/budget. If you plan on attending one semester, please contact us to see how your aid will be affected.
- If you are an undergraduate or post-baccalaureate student, you may not receive all of your fall/spring financial aid in the fall semester. This does not apply to fall only graduate students.
- You may only be considered a fall-only student after you apply for graduation with the university
- Your Federal Direct Subsidized and Unsubsidized Loans will be prorated if you are an undergraduate or post-baccalaureate student who is considered a fall-only student (see below for details).
- If you were offered aid for the fall and spring semesters and do not end up attending the fall semester (and are not enrolled for spring), your aid package may be cancelled mid-fall. If you plan on attending the spring semester be sure to be enrolled, and accept your aid on your LOUIE.
Federal Direct Subsidized and Unsubsidized Loans
If you are an undergraduate or post-baccalaureate student, your Federal Direct Subsidized and Unsubsidized Loans must be prorated based on the number of credit hours for which you are enrolled. This means that you may not be eligible to receive your maximum annual loan limit. The chart below is an estimate displaying typical prorated loan amounts.
If, after reviewing the chart below, and you have additional questions or your enrollment hours change after your offer, please contact OSFA. The loan amounts listed are a combination of Direct Federal Subsidized and Unsubsidized Stafford loans. The actual loan amounts you receive are based on number of credit hours enrolled and your total lifetime Direct Federal Subsidized and Unsubsidized aggregate and/or annual loan limits.
|Enrolled Number of Credit Hours||Dependent Student||Dependent Student Additional Loan For Parent PLUS Denial||Independent Student|
|12 + Credits||$3,750||$2,500||$6,250|