The PELL Grant award varies according to the semester credits you are enrolled in. Any adjustments you make to your schedule could impact the award amount of your PELL Grant. If you drop credits you could lose eligibility for some of the PELL Grant you are awarded originally. The student will be required to repay a portion or all of the Grant award depending on the number of credits. To avoid any repayment, please be aware of the following:
- Your PELL grant enrollment is frozen on the tenth day of school for that semester. (The"census date" for the summer session is the fifth day of class. )
Any classes added after that date will not count towards determining your PELL Grant eligibility. This applies to internships, workshops, and other classes, even if the University allows you to add the credits.
- Attendance in all classes
Your PELL award is based on the assumption that you attend all your enrolled classes. If you do not attend a class, or if you drop a class before it starts, your PELL Grant award will be recalculated. Your student account on BengalWeb, Finance Tab, will reflect any PELL Grant reduction that occurs for these reasons, (allow up to 5 working days for enrollment changes to be reflected on your student account).
- Enrollment adjustments between now and the day after the tenth (10th) day of class for fall or spring semester. (This "census date" for the summer session is the fifth day of class.)
If you add or drop classes after your PELL Grant has disbursed, your student account will reflect any resulting changes to your PELL award within a few working days.
Try to add and drop classes during the same session on BengalWeb, if possible. Also, ADD a class before you drop another class. By just dropping a class you may cause your PELL Grant to decrease. If you do not ADD first you may have a late fee on unpaid balances with ISU Cashiers Office caused by this decrease in PELL Grant award.
Note: Complete Withdrawal - You may be required to REPAY PART or ALL of your financial aid.
If you drop below 6 credits as a undergraduate (5 credits for graduate) in the fall or spring you will need to complete
Exit Counseling for loans.
All other requirements must be met as well.
Review information at "Adjustments to Financial Aid Award - Based on Enrollment Status". If you have any questions please contact the Office of Financial Aid at (208) 282-2756.