Example 1:

A Graduate student who is only attending the spring semester, will only be eligible for up to $10,250 in unsubsidized loans as long as it fits within their Cost of Attendance. In addition, as indicated in the Enrollment Intensity information below, the student will only be able to receive the full $10,250 if the student attends the spring semester full-time, or 9 credit hours at the Graduate level.

Example 2:

A Freshmen Independent Undergraduate student who is only attending the spring semester, will only be eligible for up to $4,750 in federal loans (of which $1,750 can be subsidized loans if the student is eligible). Again, as indicated in the Enrollment Intensity information below, the student will only be able to receive the full $4,750 if the student attends the spring semester full-time, or 12 credit hours at the Undergraduate level.

Enrollment Intensity

The OBBBA also includes a provision for reduction all federal student loan amounts based on enrollment, meaning the Financial Aid Office will be required to reduce loan amounts for students who enroll less than full-time. Before this change, students only needed to be enrolled at least half-time to receive their loan disbursement.

• Students who plan to attend the fall, spring, and summer semesters (typically an online student) will be required to attend the equivalent of all 3 semesters at a full-time status to be eligible for their full annual loan amount.
• Students who only plan to attend the fall and spring semesters will be required to attend the equivalent of all 2 semesters at a full-time status to be eligible for their full annual loan amount.
• Students who plan to only attend one semester (fall, spring, or summer) will be required to attend the equivalent of 1 semester at a full-time status to be eligible for 50% of their annual loan amount.

Full-time status credit hour requirements:

• Undergraduate – 12 credit hours each semester
• Graduate (Master’s Level) – 9 credit hours each semester
• Doctoral – 6 credit hours each semester