Factors That Affect Your Aid

Factors That Affect Your Aid

Factors That Affect Your Aid

Attendance Verification

At the beginning of each semester before financial aid is disbursed, the University must be able to document that you have begun attendance in your courses.

Basic Eligibility

The Department of Education has outlined basic eligibility requirements to receive federal financial aid.

Borrowing Limits

There are limits to the amount of federal student loans you can receive annually and also over your lifetime, called an aggregate limit. You can view your borrowing history by viewing the National Student Loan Data System.

Certificate Programs

The availability of federal aid for certificates is unique to each program. Below is an overview of the various certificate types and the types/amounts of financial aid available by program. 

Course Drops & Withdrawals

Students must remain enrolled and attending through the 60% point of the semester before they can retain all the financial aid they have been granted. Students that withdraw or stop attending (drop-out) before completing 60% of the semester can receive only a pro-rated portion of their financial aid for that semester.

Course Registration (Course Program of Study)

Carefully choosing and scheduling your courses each term is essential to completing your program on time. When you are intentional about building your schedule with required courses for your program, you are more likely to finish your program on time and save money by avoiding additional tuition and course material costs. 

December Graduation

Federal regulations require schools to prorate federal loans of undergraduate seniors whose final period of enrollment is less than a full academic year. Typically, this rule impacts seniors who are graduating in December. 

Dependency Status

When completing the FAFSA, you will be asked a series of questions that determine if you will be awarded financial aid as a dependent or independent student. If it is determined you are a dependent student, you will be required to include your parent's income information and signature on the FAFSA application.


Student enrollment plays a big role when determining eligibility for the various financial aid programs. 

In order to be eligible for most aid programs, students must be enrolled at least half-time, though there are a few programs that are available to students who are below half-time enrollment.

Late-Start Classes

Some forms of financial aid have minimum enrollment requirements before it can disburse (pay to your bill). When you have a late-start course that begins a few weeks into the semester, we may have to hold some of your aid until that class begins and your attendance (or online participation) is confirmed.

Leaves of Absence

If you are planning to take a leave of absence (LOA) from Rowan University, you may be like most students and wondering how an LOA impacts your financial aid.

Repeated Coursework

After a class has been passed and repeated one time, it is no longer "payable" by financial aid. This means that the credits are not counted when determining your enrollment status and financial aid eligibility for the semester; although you will be charged tuition/fees for that class

Satisfactory Academic Progress

In order to receive financial aid, students must meet the minimum standards of Satisfactory Academic Progress (SAP). The standards for Satisfactory Academic Progress for financial aid purposes are different from the academic requirements of the University. In some instances, students experiencing academic difficulty may find that, while they are permitted to remain in school, they may not receive financial aid until they achieve the minimum standards of Satisfactory Academic Progress. SAP standards apply to all terms you attended regardless of whether or not you received financial aid.


The verification process is used to confirm that the data you reported on your FAFSA is accurate and is a requirement of the federal and state financial aid programs. Federal and/or state financial aid funds (including student loans) will not be certified or disbursed to a student that has been selected for verification until the process has been completed.