Maintaining your financial aid

How your aid may be impacted

The amount of aid you receive may go up or down depending on a variety of factors, including the number of hours you’re enrolled in, whether or not you participate in your courses, and whether you are making satisfactory progress toward your degree. For example, if you drop a class and your cost of attendance goes down, your aid may go down to match it. If you add a class, it may go up. Similarly, if you do not participate in classes you receive aid for, or you do not meet standards for making progress toward your degree, your aid may be reduced or canceled.

Watch video: Why did my financial aid change?

Earn your aid

It’s important that you participate in classes to earn your financial aid. If you do not participate in the classes you’re enrolled in, your aid can be reduced or canceled altogether. You will need to show participation in your courses by the 21st day after the course start date. If your participation is not confirmed by the 21st day of class, your aid may be reduced or canceled, and you may be required to pay for charges without aid. For more information on earning your aid, and to learn which activities count as participation, visit here.

Watch video: About confirmation of participation

Maintain enrollment

Your cost of attendance and your awards are based on a number of factors, including the number of credit hours you are enrolled in for the term as well as your session enrollment.

Watch video: How many credits do I need to be enrolled in to keep my financial aid?

*These are examples and may not reflect your actual costs and awards.

Full-time online nonresident undergrad - fall/spring

	A classes only	B classes only	A and B classes
COA
Tuition	$6,492	$6,492	$6,492
Fees	$294	$294	$294
Books, course materials, supplies, and equipment	$650	$650	$650
Room	$1,682	$1,682	$3,364
Food	$812	$812	$1,623
Transportation	$590	$590	$1,179
Personal	$496	$496	$991
Total	$11,016	$11,016	$14,593
Awards
Pell	$3,173	$3,173	$3,173
SEOG	$500	$500	$500
University Grant	$1,500	$1,500	$1,500
Sub Loan	$2,750	$2,750	$2,750
Unsub Loan	$3,093	$3,093	$3,500
Total	$11,016	$11,016	$11,423

	A classes only	B classes only	A and B classes
COA total	$11,016	$11,016	$14,593
Award total	$11,016	$11,016	$11,423

Half-time online nonresident undergrad - fall/spring

	A classes only	B classes only	A and B classes
COA
Tuition	$3,246	$3,246	$3,246
Fees	$147	$147	$147
Books, course materials, supplies, and equipment	$325	$325	$325
Room	$1,682	$1,682	$3,364
Food	$812	$812	$1,623
Transportation	$590	$590	$1,179
Personal	$496	$496	$991
Total	$7,298	$7,298	$10,875
Awards
Pell	$1,587	$1,587	$1,587
SEOG	$250	$250	$250
University Grant	$750	$750	$750
Sub Loan	$2,750	$2,750	$2,750
Unsub Loan	$1,961	$1,961	$3,500
Total	$7,298	$7,298	$8,837

	A classes only	B classes only	A and B classes
COA total	$7,298	$7,298	$10,875
Award total	$7,298	$7,298	$8,837

Full-time online graduate - fall/spring

	A classes only	B classes only	A and B classes
COA
Tuition	$4,887	$4,887	$4,887
Fees	$104	$104	$104
Books, course materials, supplies, and equipment	$527	$527	$650
Room	$2,179	$2,179	$4,357
Food	$862	$862	$1,724
Transportation	$795	$795	$1,590
Personal	$907	$907	$1,814
Total	$10,261	$10,261	$15,126
Awards
Unsub Loan	$10,250	$10,250	$10,250
Graduate PLUS Loan	$11	$11	$4,876
Total	$10,261	$10,261	$15,126

	A classes only	B classes only	A and B classes
COA total	$10,261	$10,261	$15,126
Award total	$10,261	$10,261	$15,126

Half-time online graduate - fall/spring

	A classes only	B classes only	A and B classes
COA
Tuition	$3,258	$3,258	$3,258
Fees	$57	$57	$57
Books, course materials, supplies, and equipment	$351	$351	$351
Room	$2,179	$2,179	$4,357
Food	$862	$862	$1,724
Transportation	$795	$795	$1,590
Personal	$907	$907	$1,814
Total	$8,409	$8,409	$13,151
Awards
Unsub Loan	$8,409	$8,409	$10,250
Graduate PLUS Loan	$0	$0	$2,901
Total	$8,409	$8,409	$13,151

	A classes only	B classes only	A and B classes
COA total	$8,409	$8,409	$13,151
Award total	$8,409	$8,409	$13,151

Withdrawing as a financial aid recipient

If you don’t finish your classes as scheduled, your financial aid could be recalculated or canceled. Learn about the various ways your aid can be affected by not completing a class.

Dropping classes as a financial aid recipient

Learn how dropping classes can affect your financial aid.

Satisfactory Academic Progress

To remain eligible for federal financial aid, you must make satisfactory academic progress as a student, meaning you need to complete classes in a timely manner and earn grades high enough to demonstrate that you are successfully working toward your degree.

Watch video: What is SAP?

If you don’t meet SAP standards, your aid may be adjusted. Arizona State University measures satisfactory academic progress yearly after the spring semester using three metrics:

GPA standard

You must maintain a minimum ASU GPA according to the ASU Undergraduate Academic Standards, or the ASU Graduate Academic Standards. Students on academic disqualification are not eligible for financial aid.

Undergraduate student minimum cumulative GPA: 2.00

Graduate student minimum cumulative GPA: 3.00

Watch video: SAP GPA Standard

Pace rate standard

You must pass at least 67% of your total attempted ASU credit hours in your current degree program. You may need to consider reducing your course load in order to improve your cumulative pace rate. All courses must apply to your degree program.

Watch video: Pace rate standard

Maximum credit hour standard

You must not exceed the maximum attempted credit hour limit for your degree program. This standard applies to all programs, including minors, dual majors, concurrent degrees and prior degrees. All transfer credit hours accepted by ASU are included in this measurement. Audited courses are excluded from this measurement.

Watch video: Maximum credit hour standard

Your SAP status and how to appeal

Your SAP status is listed in the Finances tab of My ASU, in the Financial Aid and Scholarships box. Learn more about Satisfactory Academic Progress.

Over-awards

An over-award occurs when your need-based awards exceed your financial need, or the total of your awards exceeds your cost of attendance. If you have been over-awarded, federal regulations require ASU to adjust your awards, which may result in a bill to your account. Need-based aid includes grants, scholarships, Federal Work-Study, subsidized Federal Stafford Loans and outside resources (i.e., faculty and staff tuition benefits, scholarships, stipends, etc.).

Non-need-based aid includes unsubsidized Federal Loans, Federal Parent PLUS Loans, Federal Graduate PLUS Loans and Private Education Loans.

Possible reasons an over-award can occur are:

You receive additional awards.
Your residency status changes.
Your housing status changes.
The verification process results in changes made to your FAFSA data.
You have made changes in your enrollment that affect your cost of attendance.

Frequently asked questions

When are award adjustments made?

Award adjustments are updated in My ASU every Monday through Friday, except for 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.

How do credit hours and awards work?

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.

Good Standing	You are meeting SAP standards and don’t need to do anything.
Approaching Max Hrs Limit	Your financial aid is not impacted and you do not need to do anything. We encourage you to connect with your advisor to make sure you have a plan for completing your degree before you exceed the maximum number of hours allowed to maintain your financial aid.
GPA Standard: Not Meeting	You can do one of the following: Submit a Satisfactory Academic Progress Review form with required documentation by the deadline noted on the form. Enroll at ASU without using financial aid and raise your GPA to meet the GPA standard.
Pace Rate Standard: Not Meeting	You can do one of the following: Submit a Satisfactory Academic Progress Review form with required documentation by the deadline noted on the form. Enroll at ASU without using financial aid and raise your GPA to meet the GPA standard.
Max Hrs Standard: Not Meeting	Submit a Satisfactory Academic Progress Review form with required documentation by the deadline noted on the form.
Financial Aid Probation	You can do one of the following: Submit a Satisfactory Academic Progress Review form with required documentation by the deadline noted on the form. Enroll at ASU without using financial aid and raise your GPA to meet the GPA standard.