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Cost of attendance award adjustment

Cost of attendance award adjustment

Your cost of attendance and your awards are based on the number of credit hours you are enrolled in for the term.

If you are enrolled full time (12 credit hours or more for undergraduate students, 9 credit hours or more for graduate students), your financial aid awards will be the maximum amount you are eligible for as a full-time student.

If you are enrolled less than full time (less than 12 credit hours for undergraduate students, less than 9 credit hours for graduate students), your financial aid awards may automatically adjust to match your level of enrollment.

Because financial aid can be impacted when you add or drop a class, it is important to make minimal changes after you register for classes — especially after the start of the semester. It is also important that you participate in the classes for which you receive financial aid. Failure to participate in your classes can result in a reduction or cancellation of your financial aid.

This is especially important if you enrolled in session B. Any changes to session B classes after the start of session A or at any time during the semester could impact your financial aid. Changes may require money already disbursed to you to be billed back, resulting in a charge on your account.

Work with your academic advisor to make sure you have a good plan at the beginning of session A for your registered courses throughout the semester.

When are award adjustments made?

Award adjustments are updated in My ASU every weekday except university-recognized holidays. Any changes you make to your enrollment that cause your aid to adjust will need to be made by 5 p.m. Monday through Friday in order for you to see your award adjustment reflected in My ASU the following weekday.

See how enrollment affects tuition and financial aid

Click the bubbles below to view the difference between full-time and half-time enrollment for an online, nonresident undergraduate student.

2020–2021 Cost of attendance
2020–2021 Cost of attendance $0
Tuition $0
Fees $0
Books $0
Supplies $0
Room $0
Meals $0
Travel $0
Personal $0
Loan Fees $0
2020-2021 full time COA
20-21 COA $28,488
Tuition $12,984
Fees $108
Books $1,000
Supplies $300
Room $6,532
Meals $3,152
Travel $2,358
Personal $1,982
Loan Fees $72
Pell $6,345
SEOG $1,000
University Grant $3,000
Sub Loan $5,500
Unsub Loan $2,000
PLUS $10,643
TOTAL $28,488
2020-2021 half time COA
20-21 COA $21,942
Tuition $6,492
Fees $54
Books $1,000
Supplies $300
Room $6,532
Meals $3,152
Travel $2,358
Personal $1,982
Loan Fees $72
Pell $3,173
SEOG $500
University Grant $1,500
Sub Loan $5,500
Unsub Loan $2,000
PLUS $9,269
TOTAL $21,942

*Please note, this is an example for an online student. To view tuition and fee structures for other types of students, visit here.

For more information on tuition and fee structures, visit here. View the financial aid calendar for specific disbursement dates.

How credit hours and awards work

asu  graduate academic support center

Example:

Let’s say that on Monday you’re registered for 12 credit hours. On Wednesday before 5 p.m., you drop a class, leaving you enrolled in nine credit hours. Any financial aid awarded to you — including grants, merit scholarships and loans — could be reduced to match the decrease in your tuition amount. You will see this change in your Finances tab in My ASU on Thursday.

If you add a class and are again enrolled full time at 12 credit hours, the next day you will see your award adjusted back up to match the increase in your tuition amount.

Remember, if you are receiving a New American University Scholarship, College Attainment Grant or Obama Scholarship, your award will be canceled if you are enrolled in less than 12 credit hours per semester.

See the chart below for an example of how a reduction in hours for an online student from full time to half time affects their tuition and financial aid.

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