Accelerated Semester Classes & How They Affect 金融援助

Accelerated Semester Classes are classes that 开始 after the starting date of a fall or spring semester. These courses are less than 15 weeks (full-term). 学生 enrolled in Accelerated Semester Classes may have their 金融援助 delayed until classes 开始. Dropping an Accelerated Semester class within the refund period, not attending, having a class cancelled or dropped for non-payment may result in a reduction of your 金融援助.

Federal Pell 奖助金

The Pell eligibility date (sometimes referred to as the Pell recalculation date or census date) is a date in the semester when the 金融援助 Office is required by federal 金融援助 rules to evaluate a student’s Federal Pell Grant eligibility based on the student’s current enrollment 状态. If the Pell Grant awarded does not match with the student’s current enrollment 状态, the award must be adjusted. 

The Pell Recalculation 日期 for the fall and spring semesters is at the end of the refund period, which is normally the 21st day of the semester. 课程 added after this date are not counted toward a student’s Pell Grant eligibility. Dropping a course after the refund period that was registered for by the Pell eligibility date and adding a different section of that same course (even exchange) will be considered as registered by the Pell Recalculation 日期 and, therefore, will be eligible for a Federal Pell Grant.

学生 are able to finish the 金融援助 award process after the Pell Eligibility 日期. However, only your registrations processed by this date are used to calculate your Pell Grant amount.

NYS 奖助金 and 奖学金

For NYS awards a student who takes Accelerated Semester courses must be registered in the required credit load for the particular award and at least one course that meets for the full 15 weeks by the start of the semester. The student cannot add courses at a later date during the semester to achieve the required course load or enrollment 状态.

Certification for NYS awards cannot take place until the Accelerated Semester course 开始.

Federal Direct Student 贷款

A student must be enrolled in at least six degree-bearing credits at the time of disbursement of a federal loan.  A student that is enrolled in only Accelerated Semester classes may have their cost of attendance adjusted to reflect expenses related only to the period of time during which the student is in classes. For example, the room and board component will reflect costs only for the number of months of the late session, not for the entire fall semester. A reduction in the cost of attendance may affect both the loan amount and eligibility for a subsidized loan.

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