Why was my financial aid reduced? I was told I have an "over-award."

An "over-award" occurs when a student's total financial aid (including academic or private scholarships, or other resources) exceeds the cost of attendance or financial need. Federal regulations prohibit colleges from paying students more financial aid than the calculated need. 

Students who receive excessive funds are considered to be over-awarded and are required to repay funds already received. To help prevent over-payments, students are required to report any additional educational financial aid to the Financial Aid Office in the Truax Enrollment Center anytime throughout the academic year.  Contact the Enrollment Center at (608) 246-6170 for further information.

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Topic Information
  • Topic #: 59765-59
  • Date Created: 05/22/2016
  • Last Modified Since: 05/25/2017
  • Viewed: 80