Overawards

An overaward occurs when a student’s award package has exceeded either the unmet need or cost of attendance, depending on the type of aid that’s been awarded.

To prevent over awards, it is extremely important to notify the Financial Aid Office of any potential awards not already listed on the student’s financial aid award notification.

In the event of an overaward, a student’s award package is reduced to eliminate the overaward, which may result in a repayment of the overaward.

Effective Date

January 23, 2009