A Federal Pell grant offer made at the beginning of the semester is based on full-time entitlement. Full-time entitlement means you are enrolled in at least 12 credit hours. The Office of Financial Aid will make adjustments to student account after the census date to match student entitlement based on actual hours enrolled.
A Direct Subsidized/Unsubsidized & PLUS Loan offer(s) made at the beginning of the semester assumes you will be enrolled at least six credit hours. Federal Regulations require that students are enrolled at least 6 credit hours to be eligible to receive Direct Subsidized and Direct Unsubsidized loans.
Direct Subsidized/Unsubsidized and PLUS loan funds may be adjusted after the census date if a student increases their enrollment.
Example: If a student is initially registered for three credits and loans are not offered, but the student adds an additional three credits after the census, the student could receive loan funds (if they make that request to the financial aid office). However, if a student has six credits as of the census, but then withdraws or drops a course, they fall below six credits. If their Direct Subsidized/Unsubsidized loan funds have not disbursed yet, the student will no longer be eligible to receive the funds.
If you know that you will not be enrolled full-time as of the census date, you may email
finaid@moreheadstate.edu to receive a more accurate offer of your term entitlement. You are strongly encouraged to let our office know of your less than full time enrollment. If you do not report your less than full-time enrollment, your financial aid offers (which may include Federal and State aid) will not be adjusted until on or after the census date.