Renewal of Awards
Unless otherwise stated, all forms of financial aid are generally renewed each year, provided there is satisfactory academic progress (determined by the Financial Aid Office) and academic good standing as determined by the Academic Advising Office and/or by the academic department (see section on Regulations on Academic Probation and Dismissal), demonstrated financial need and availability of funds. Some aid programs have specific eligibility requirements for renewal, which may be checked at different points in time. Provided these requirements are met, awards are renewed for the amount originally awarded at the time of admission. Student are not reevaluated for increases in scholarships in subsequent periods of enrollment.
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 Student Aid Index (SAI) 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 institutional 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.