<p>How many semesters does financial aid cover, is it eight semesters or ten?</p>
<p>Well…each financial aid award is for ONE academic year. Need based aid needs to be reapplied for annually. Merit aid usually has a GPA minimum requirement for continuation.</p>
<p>How many terms can you get need based aid? I believe you can get federally funded aid for more than 8 semesters. For institutional aid, this likely varies by the college…so you would need to check.</p>