Renewal of Awards
Unless otherwise stated, all forms of financial aid are generally renewed each year, provided there is satisfactory academic progress and good standing, demonstrated financial need and availability of funds. Some aid programs have specific eligibility requirements for renewal and may be checked at different points in time.
Students must complete the FAFSA each year to receive aid from federal and some state and institutional aid programs. The Financial Aid Office reviews awards for returning students upon receipt of the FAFSA for the upcoming academic year.
Students who experience a significant change in their EFC or ability to pay should discuss their circumstances with their financial aid counselor. See the Special Circumstances section.
The grade point average (GPA) requirements to meet satisfactory academic progress (SAP) for federal and UT financial aid coincide with the University’s undergraduate retention standards (see the Regulations on Academic Warning and Dismissal sections in the Academic Policies and Procedures chapter of this catalog).
These requirements are discussed in detail in the following sections.