Back to Home
Using and Keeping Your Financial Aid

How NOT to Lose Financial Aid

Financial aid programs have requirements that you need to meet in order to keep the aid. If you don't meet every requirement, even if you aren't aware of it, your aid money can be taken away. Don't let this happen. If you aren't sure where you stand, contact us and we will help.

  1. Keep your grades up.
  2. Check your scholarships for renewal criteria.
  3. Establish an academic plan toward graduation. Talk with your advisor.
  4. Talk with Career Services early in your schooling. Your Career Services counselor can help you develop a career plan.
  5. Complete your courses. Routinely withdrawing from courses will hurt your ability to keep your aid. If you have to withdraw from a course because of a family emergency or major life event, contact your advisor before you stop attending class.
  6. Let your advisor know if you are struggling. Your advisor can help you find tutors and others who can help.
  7. Watch your borrowing and spending. Contact your financial aid counselor for resources to help.
  8. If you want to change your program, talk with your advisor about how this might affect your financial aid.

INCOMPLETE GRADES FOR SPRING/SUMMER 2020

Students who plan to request an Incomplete grade for the spring/summer 2020 semester and who are financial aid recipients should contact a Financial Aid Counselor before completing the request. Because of the final reporting deadline for the 2019-2020 award year on September 30, 2020, students who have incomplete grades combined with all other non-passing grades may have their aid reduced or returned due to an R2T4 calculation. In other words the student will be treated as a withdrawal for the spring/summer 2020 semester, if they have all non-passing grades including an Incomplete grade.  Students who resolve the incomplete grade to a passing grade before September 16, 2020 will have their aid reinstated for the spring/summer 2020 semester.  After that date it will no longer be possible for aid to be reinstated for the spring/summer 2020 semester.

In addition, Incomplete grades for the spring/summer 2020 semester will be treated as attempted and not completed for the Satisfactory Academic Progress (SAP) calculations at the end of the spring/summer semester.  This may negatively affect a student’s pace of completion (quantitative) measure; however, it will not impact the student’s GPA.  Students who are not meeting the SAP requirements at the end of the spring/summer semester may appeal the loss of financial aid in accordance with published DU Satisfactory Academic Progress policy requirements.

If you aren't sure where you stand, contact us and we will help.