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Frequently Asked Questions
The maximum amount a first-year student can receive is $3500 not to exceed $1750 per semester. A second-year student may receive a maximum of $4500 or $2250 per semester. A review of a student's progress toward their degree is made at $16,000 ($3500 for two years at the freshman level and $4500 at the sophomore level). The $16,000 benchmark will apply to transfer and returning students. Reviews are made on a case-by-case basis by the Financial Aid Appeals Committee to ensure that students are not incurring excessive debt without progressing toward their degree.