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.

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.

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.

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. 

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.

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.

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.