- UNC MAC PROGRAM STUDENT LOAN REFUNDS VERIFICATION
- UNC MAC PROGRAM STUDENT LOAN REFUNDS PLUS
- UNC MAC PROGRAM STUDENT LOAN REFUNDS PROFESSIONAL
You may submit an appeal if you go beyond the maximum time frame.
UNC MAC PROGRAM STUDENT LOAN REFUNDS PROFESSIONAL
For more information about Maximum Time Frame, please refer to our Satisfactory Progress Policy for Undergraduates, or for Graduate and Professional Students.Īlong with the maximum time frame limits, certain aid programs also have aggregate maximums which will limit eligibility for aid funds, such as: However, an extension of financial aid eligibility beyond the 225 attempted credits based solely on an interest in pursuing a second major or minor is not an approvable appeal. Please note that undergraduate students may be able to complete a second major or a minor within the maximum time frame period of 225 attempted credits.
You may receive aid if you are completing a double major or a minor. In addition, if you have extenuating circumstances that are preventing you from attending full-time, you can file a Priority Appeal Form to see if you can keep any of your aid that normally requires full-time attendance.Ĭan I receive aid for a second major or minor? If you want to attend less than full-time, you should talk to one of our counselors about adjusting your aid. Please check with the Work Study Office to find out about less than full-time eligibility for the Federal and State Work Study programs.
UNC MAC PROGRAM STUDENT LOAN REFUNDS PLUS
The Stafford Loan Programs, Parent PLUS loans and Graduate PLUS loans only require half-time attendance. For example, you might receive half of your normal Pell Grant for 6-8 credits of enrollment. Pell and Washington College Grants can be prorated for less than full-time attendance (Washington College Grant requires at least 3 credits and Pell Grant requires at least 1 credit). However, most of our institutional grants and scholarships, and Supplemental Educational Opportunity Grants (SEOG) require full-time status. Part-time students (less than 12 credits for undergraduates, 5th year, and professional students, and less than 10 credits for graduate students) can receive financial aid. What happens if I want to go part-time instead of full-time? Keep in mind a general guideline of submitting all documents a month before your last quarter of the current academic year ends. Please keep in mind that it takes time to review your documentation and submit as soon as possible before the end of your last quarter of the current academic year. Generally, state and institutional aid will not be available for reinstatement.
UNC MAC PROGRAM STUDENT LOAN REFUNDS VERIFICATION
Federal loans cannot be disbursed if your verification is completed after your enrollment ends. If you provide the needed information after this time, our office will determine if you qualify for a late disbursement of a Pell Grant under federal verification rules. If the discrepancies are not resolved before the end of your enrollment period for the academic year, your financial aid will be canceled. If you are selected for verification you will have a hold on your aid to prevent disbursement until all information is received, reviewed and any discrepancies in your information is resolved.
What is the deadline to complete Verification? Oftentimes, additional expenses result in increased eligibility for student loans. If we are able to approve the request, then we will determine if there is any additional financial aid that can be awarded. We will review your request to determine if these additional expenses are allowable. If you incur expenses during the school year that are not part of the standard student budget that we use to award financial aid, you may complete a Revision Request for Additional Expenses and submit it to our office. Loans, both need based (Subsidized Stafford) and non-need based (Unsubsidized Stafford, Parent PLUS, or Graduate PLUS) may be available. You can also talk to one of our counselors to see if any adjustments can be made to your award. If your financial aid award is not enough to cover your expenses, you have several options. If your income or resources (or that of your parent(s)) has decreased significantly since you filed the FAFSA, then you can complete and submit a Revision Request for Change in Financial Situation for our office to review. My financial aid award is not enough to cover my expenses. Higher Education Emergency Relief Fund II.Higher Education Emergency Relief Fund III.Glossary of Terms for Award Notifications.