Overawards

Federal and state regulations require Financial Aid to consider all sources of financial assistance when awarding aid. Those sources include things like scholarships, athletic grants, tuition waivers, and Private Alternative Loans. If your Financial Aid Award Letter did not include all of the assistance you are receiving, chances are the Financial Aid Office was not aware of all your awards when your financial aid was packaged. The addition of other aid sources may cause an overaward, which means that Financial Aid may have to reduce one or more of your awards to keep your aid within established limits. You can help prevent an overaward by informing the Financial Aid Office of all sources of financial assistance as soon as you know about them.

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