Because the lapse in enrollment and aid created a hardship for those with other means of support, some students lobbied for an opportunity to be enrolled. It was created for and is customarily used by students doing research who want to continue to use the libraries, Student Health Services, etc.
Students receive no credit and no grade for the registration.
It does not appear on the student's transcript. Under normal circumstances, students taking MEDI 399 are NOT eligible to receive financial aid because they are making no academic progress during the term. You receive a living allowance on the same scale as in the academic year, increasing your cost of education for the third year and enabling you to receive MORE total aid. A student's subsidized Stafford Loan eligibility begins afresh with the newly conferred third year standing. A student may delay borrowing Unsubsidized Stafford until later in the third year, saving the cost of interest.