Policy Description
An overaward occurs when a student’s award package has exceeded
either the unmet need or cost of attendance, depending on the type of
aid that’s been awarded.
To prevent over awards, it is extremely important to notify the
Financial Aid Office of any potential awards not already listed on the
student’s financial aid award notification.
In the event of an overaward, a student’s award package is reduced
to eliminate the overaward, which may result in a repayment of the
overaward.
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