Changes to Financial Aid Offers

Financial Aid Adjustments Due to Enrollment Changes

Financial aid adjustments may result in the student repaying a portion of any financial aid received.

Course Load Changes During the 1st-12th Class Day (Maintaining Half-Time Status)

Grants and scholarships will be reviewed between the 1st through 12th class day (date varies). If a student adds or drops courses, the grants and scholarships will be reevaluated. Downward financial aid adjustments may result in the student repaying a portion of any financial aid received. The tuition refund may be returned to the state or institutional fund(s). Courses dropped after the 12th class day (date varies) will not cause a reevaluation of aid awarded. If the Direct loan funds have been disbursed to the student who has reduced his/her hours, the loan will not be adjusted. The student´s enrollment adjustment may cause an over award. If the student has other forms of aid, the awards may be reduced or canceled to reduce or eliminate the over award situation. Second disbursements may be adjusted or canceled to reduce or cancel an over award as well, if applicable. Pending fund availability, some financial aid awards will be increased if the student added additional courses. 

Dropping Below Half-Time Prior to the 13th Class Day

The student´s loan servicer will be notified of the student´s enrollment status change which will cause his or her grace period to begin. The student borrowers second loan disbursement will be canceled, if applicable. All grants and scholarship awards will be adjusted accordingly which may result in a balance on the student’s account. If the Direct Loan funds have been disbursed to the student who has reduced their hours, the loan will not be adjusted. The student´s enrollment adjustment may cause an over award. If the student has other forms of aid, the offers may be reduced or canceled to reduce or eliminate the over award situation. Second disbursements may be adjusted or canceled as well, if applicable. The student must pay UHV for tuition and fees, if applicable, for continued enrollment in courses in a less than half-time status.

Withdrawals Within the First 12 Class Days

Students who withdraw prior to the 13th class day will have the Return to Title IV calculation computed for all federal aid disbursed. A portion of the student’s federal aid will be adjusted downward which may result in the student repaying a portion of federal aid previously disbursed. Refer to the Return of Title IV Funds Policy for withdrawals on or after the 1^st class day. One hundred percent of all institutional and state financial aid will be returned to the funds. Financial aid adjustments may result in the student repaying a portion of any financial aid disbursed.