To make a long story short- I applied for a loan for the spring semester only, I applied for $7,700 and the loan was approved by FA and I accepted the amount. Here’s where the issue began… I received and email on Friday night from my school that said my student loan amount was now $1,332 and there was no explanation. Anyone have this happen to them or know why this might happen?
Will having this whole $7700 (if you are a third year…it should be $7500) make your aid larger than the cost of attendance at your school?
Are you registered as a full time student? When registering, did you drop then add courses.
The better question is how long have you been attending school? Op may have exhausted his loans
There are a number of reasons this could happen - you won’t know the answer by asking us, though. Contact your financial aid office to find out why. If you are confused by the answer, post the explanation they give you here, and we will try to help you figure it out.