question about financial aid

Student Lounge College Life
1

<p>when you apply for aid and turn in all the paperwork, I assume they send you notification that they're awarding you a financial aid package, and it's for the ENTIRE YEAR (right?), not just the first semester?</p>

<p>my question is, i know aid is adjusted as you go along based on how many classes you're enrolled in and if you drop/withdraw any. but how do they determine what to put in the initial award package notification for the entire year, when they can't anticipate how many classes you'll be taking in the spring? most ppl can't sign up for spring classes until late into the fall semester..</p>

<p>do they just initially assume you'll be a full time student and send out the ANTICIPATED full financial aid package for the entire year, but then they adjust it accordingly as you go along based on your actual enrollment?</p>

2

<p>Yes, it’s based on full time and adjusted if you drop below at any time. At my school the cost is the same for 12-18 credits and you get half in the fall, half in the spring. If you sign up for more classes, you have to make up the cost difference. If less, your aid (and tuition) drops as you’ll no longer be “full time.” This is harder than it sounds to manage due to housing costs.</p>

3

<p>First question, yes. Cut the package in two and thats what you get per semester.</p>

<p>Only difference is the enrollment status, full or half</p>