Things that May Affect Your Aid

Student Loan Status

Default

A student in default on a Federal Student Loan or Direct Loan is not eligible to receive Title IV aid until the default status is resolved by:

State Aid – for the student to be eligible for state aid, the defaulted loan(s) must be paid in full.

The student should contact the loan holder for more information on resolving loan defaults.

It is the student's responsibility to submit loan status resolution documents to the Financial Aid Office. Aid will not be disbursed to the student unless this documentation has been received and reviewed in order for Federal and state aid eligibility to be determined.

Click on the link below for more information on assistance with defaulted loan status.

Loan Default

Overpayment/Exceed Loan Limits

Students who have obtained Title IV program loan funds in an amount that exceeds the annual or aggregate loan limits are ineligible for any further Title IV program (Pell, SEOG, Federal Work Study) assistance until the student:

Bankruptcy

Students with a student loan or grant overpayment that has been discharged in bankruptcy remains eligible for Title IV aid (Pell, SEOG, Federal Work Study).

Active Bankruptcy