If you enroll for fewer credit hours than indicated on your award letter, your financial aid will not be moved to your account in Student Accounting until your eligibility is recalculated based on your revised plans. In order to be considered for most financial aid, you must follow a specific application procedure and adhere to processing deadlines as explained in university bulletins and in Financial Aid publications. Eligible Programs of Study To receive financial aid, you must be admitted to and enrolled in an approved program of study leading to a VCU degree or certificate. Undergraduate and graduate students are not always eligible for the same aid programs. Most need-based grant eligibility ceases when a student obtains a baccalaureate degree or enters a graduate program.
All qualified students are eligible for some type of aid.
A qualified student is one who meets all the academic and enrollment criteria discussed in this publication. Aid amounts are determined by two different formulas that compute need-based and total eligibility. Based on your family's financial resources, you may have need-based eligibility. Eligible applicants always have total eligibility. However, just because an applicant demonstrates need-based or total eligibility does not guarantee that there are funds available to satisfy that eligibility.