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Terms and Conditions of Your Financial Aid Award

Terms and Conditions of Your Financial Aid Award

Knowing your rights and responsibilities regarding financial aid is important in helping ensure that the financial aid application, award and disbursement processes go as smoothly as possible. This is where you’ll also learn about what happens regarding financial aid if you have to withdraw from classes before a semester is over.

Please Note:If accepting Terms and Conditions for 2021-22. I understand that my award letter is based upon reasonable estimates on the part of UNC and all costs and aid are subject to change. I understand I should check Ursa regularly for additional information and\or requirements to be completed.

If you decide to accept financial aid awards, they will have conditions attached. It is important that you understand & agree to these conditions before accepting awards.

Half-time status is required for Federal Student loan consideration

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Like all agreements, you are deciding to accept awards that will have conditions attached. It is important that you understand & agree to these conditions before accepting awards.

I authorize all financial aid funds accepted to be applied to my university bill including indirect charges such as library, health insurance & parking, etc. I understand if I wish to revoke this authorization, I may do so by contacting the Office of Financial Aid.

I have read and agree to the Rights and Responsibilities of Financial Aid as well as the Guide to the Awards information which includes, but is not limited to, the following:

  • If I fail to attend, drop or withdraw from classes, I may have to repay part or all of my aid especially if in module courses.

If I repeat a previously passed course more than one time, it will not count towards full-time enrollment consideration for Federal https://paydayloan4less.com/payday-loans-al/ Student Aid.

If a refund is automatically generated between the time in which the student drops and the loan is reduced, the student will be responsible for returning that refund to UNC

I must be enrolled at UNC in a degree-granting program.

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