What happens if I fall below 12 credit hours?
What happens if I fall below 12 credit hours?
What happens if you: Drop below full time status (less than 12 credits per term): Pell Grant: If you drop below full time status before the end of the add/drop period, the amount will be pro-rated. You will receive 3/4 of the award amount for 9-11 credits, or 1/2 of the award for 6-8 credits.
How many hours is 12 credits?
What is a Credit Hour?
| Credits to be earned | Hours per week, 7-week course | Hours per week, 14-week course |
|---|---|---|
| 1 credit | 6 hours | 3 hours |
| 3 credits | 18 hours | 9 hours |
| 6 credits | 36 hours | 18 hours |
| 12 credits | 72 hours | 36 hours |
Does fafsa cover less than 12 credits?
Generally, students need to be enrolled in a minimum of 6-credit hours to be eligible for financial aid. But, to be eligible for the full financial aid amount, students usually need to be enrolled in 12-credit hours, or be considered full-time students.
What is the term for a student taking less than 12 credit hours?
Full-time student hours means that a student is generally enrolled in a minimum of twelve credits or about four classes per semester. You are considered a part-time student if you are taking fewer than 12 credit hours, usually between two to three classes.
Does dropping below full-time affect financial aid?
Your financial aid award(s) may be adjusted if your award(s) requires full-time or half-time enrollment and your credits drop below the minimum required. If you are a Federal Pell Grant recipient, the grant may be adjusted; for example, if you drop from 12 to 9 credits, your grant may be prorated.
How many credit hours do you need for fafsa?
To receive the full amount of financial aid, including federal student loans and grants, students have to complete 12-credit hours per semester. While part-time students can receive financial aid, only full-time students (12 or more credits) can get the total financial aid amount.
Does fafsa cover part-time students?
Part-time students are eligible for federal student loans and grants, as long as they fill out the Free Application for Federal Student Aid (FAFSA). The FAFSA requires that you submit financial information like your income, savings and checking account balances and non-retirement investments.
What happens if I drop classes with financial aid?
Dropping a class with financial aid won’t necessarily affect your FAFSA and financial aid award. If you’re taking extra classes, for instance, you could probably afford to remove one from your schedule.
