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Senior Exception for Financial Aid Eligibility

Registering for Less than 12 Credits in Your Final Two Terms

In order to remain eligible for all current financial aid, full-time undergraduate students are required to maintain the minimum of full-time enrollment per class quarter (12 credits or more). However, seniors who register in their final two terms for less than 12 credits may receive a prorated amount of financial aid funding.

With the exception of the Federal Pell Grant, all other sources of Federal grants and loans require a minimum of half-time enrollment (6 credit per term). This is based on federal statute and as such there are no exceptions to the minimum enrollment requirements.

The listing below details the types of aid students are eligible for based on enrollment. Awards must be a part of your financial aid package in order to determine eligibility:

Registration of 9 – 11.5 credits

  • Drexel scholarships, grants, and awards – 75% of full-time amount
  • Federal Pell Grant
  • Federal SEOG and Federal Work-Study Funding
  • Federal Direct Loans (PLUS, Subsidized, and Unsubsidized)
  • Private Education Loans (unless otherwise specified by the lender)
  • Private Scholarships – subject to award guidelines established by organization offering award

Registration of 6 – 8.5 credits 

  • Drexel scholarships, grants, and awards – 50% of full-time amount
  • Federal Pell Grant
  • Federal SEOG and Federal Work-Study Funding
  • Federal Direct Loans (PLUS, Subsidized, and Unsubsidized)
  • Private Education Loans (unless otherwise specified by the lender)
  • Private Scholarships – subject to award guidelines established by organization offering award

Registration of 3 – 5.5 credits

  • Drexel scholarships, grants, and awards – 25% of full-time amount
  • Federal Pell Grant
  • Federal SEOG and Federal Work-Study Funding – not eligible
  • Federal Direct Loans (PLUS, Subsidized, and Unsubsidized) – not eligible
  • Private Education Loans (unless otherwise specified by the lender; eligibility at less than half-time status must be confirmed by lender prior to start of term)
  • Private Scholarships – subject to award guidelines established by organization offering award

Pennsylvania State Grant

The final term exception applies to a student who normally enrolls full-time but, due to prior enrollment history, only needs to complete at least 9 credits during one of the terms of their final year of study. During one, and only one, of the final terms [final 2 semesters or 3 quarters], is the exception applied. The student must have had full-time enrollment in the previous term. The exception is not applicable to half-time students.

Cost of Attendance

Please note that a student's cost of attendance will also be reviewed and adjusted based upon the student's enrollment. This review may impact the amount of awards that a student is eligible to receive in his or her final term beyond the adjustments listed above.

International students must consult with the International Students and Scholar Services Office (ISSS) to determine eligibility to enroll less than full-time in their final two terms; the above policy only covers financial aid eligibility and is not an exception for individuals with a student visa.

Billing Adjustments

Any senior who enrolls for less than full-time in his or her final two terms will be billed at the part-time per credit rate. View information about the academic year-specific tuition costs