That depends on your campus policy regarding Incomplete Grades and your individual course and professor. If I withdraw from all of my courses, what happens to my financial aid? You should contact the faculty teaching your course for more information. ![]() You should provide documentation of the reason for your withdrawal to the campus financial aid office. If your reason for withdrawing is because of COVID-19, any Pell Grant and Federal Direct Loan funds you received for the semester will not count toward your overall eligibility limits. How do I fulfill my scholarship requirements if I take a class CR/NC instead of a grade? However, you will still have to repay the loan funds you borrowed for the semester. In most cases, if you receive CR for a course, it will not impact your GPA or your requirements for scholarship eligibility. If you have questions about a specific scholarship, you should contact your financial aid office for more information on your individual situation.ĭoes COVID-19 change how I submit verification (or other requested) documents to the financial aid office?Įmergency provisions for COVID-19 allow campus financial aid offices to accept certain documents electronically through UH File Drop at or other secure electronic methods. You should contact your financial aid office for more information about the preferred method for submitting documents at your home campus. Can I still apply for financial aid for this semester? I am not currently a financial aid recipient. Yes, but you should do so as soon as possible because it takes time to process your FAFSA information. Can I receive additional financial aid due to my unexpected situation? I have extra expenses or have lost income due to the COVID-19 pandemic. Maybe, you can apply for possible assistance a couple of ways:ġ) You can apply for funds from the UH Urgent Student Relief Fund. Ģ) You may also request consideration for additional aid by notifying the financial aid office at your home campus in order for your extenuating circumstances to be evaluated by a financial aid professional. Extraordinary circumstances such as a significant loss of income, unexpected medical expenses, required purchase of a computer to take online courses, and other extenuating situations associated with COVID-19 are examples of situations that may be considered at the discretion of the financial aid administrator at your home campus. Please note that all situations do not automatically qualify you for additional aid, and per Federal regulations and campus policy, you may need to complete additional forms and/or be required to provide documentation/proof of your situation. I heard UH Campuses are going to get money from the CARES ACT. Will I be eligible for any more financial aid from the CARES ACT?Ĭollege and universities have been notified that the CARES Act will be providing additional funding, but details have not yet been provided. ![]() What is happening with Student and Parent Loans during the COVID-19 situation? Once details are known about the timeline of the funding and the eligibility criteria for students, we will make that information available. Student and parent Federal loan payments will automatically stop from Mathrough Septemas part of an administrative forbearance. This applies to both defaulted and non-defaulted Direct Loans and Perkins Loans. of Education will automatically adjust loan accounts so the interest doesn’t accrue effective March 13, 2020. Borrowers who choose to make any payments during the administrative forbearance time will have all payments credited toward the principal of the loan. Your servicer is the entity to which you make your monthly payment.Ĭontact your loan servicer online or by phone to determine if your loans are eligible.
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