Federal or university regulations can require us to reduce or cancel financial aid awards based on violations of award criteria or other changes in your aid eligibility. To reduce changes caused by application errors, please carefully and accurately complete all of your financial aid application data. To avoid other changes, please carefully review the situations outlined below. Even if your awards must still be changed, understanding these rules will help you to avoid unexpected changes.
Many late aid changes are caused by failure to report additional aid or education benefits to TU. If you receive any additional grants, scholarships or other educational benefits that are not already listed on your TU Financial Aid Notification, please immediately report those aid funds or benefits to TU. If you do not notify us in advance, the Bursar's Office will notify us when the additional aid is disbursed, and you will receive late notification of your aid changes.
Most changes are caused by the following situations:
Aid can also be reduced based in reductions in federal or state funding levels.
Federal, state, and institutional aid regulations prohibit students from receiving certain combinations of need-based aid and other aid/resources in excess of their total financial need. They also prohibit other combinations of aid and aid/resources from exceeding the Cost of Attendance (COA) Budget.
Over-award regulations divide aid into groups and typically set the following limits on the combined aid from these groups.
Need-based aid that requires unmet financial need:
We must count these aid programs as aid or resources that help to meet your financial need:
need-based Federal Pell Grants, need-based state aid, and other need-based aid programs not listed above
all scholarships and tuition waivers, and many other educational benefits even if they are not need-based including TU Resident Assistant room and board benefits.
Non-need-based loans do not require need or count toward meeting your financial need, but when combined with your other aid, this total aid still can't exceed your Cost of Attendance budget: