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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.

The listing below details the prorated financial aid amounts based upon enrollment:

Registration of 11 – 9 credits

  • Drexel scholarships, grants, and awards – 75% of full-time amount
  • Federal Pell Grant – 75% of full-time amount
  • Federal SEOG and Federal Work-Study Funding – eligibility remains the same
  • PHEAA Grant – 50% of full-time amount 
  • Federal Direct Loans (PLUS, Subsidized, and Unsubsidized) and Perkins Loans – 100% of full-time amount
  • Private Education Loans – 100% of full-time amount (unless otherwise specified by the lender)
  • Private Scholarships – subject to award guidelines established by organization offering award

Registration of 8.5 – 6 credits 

  • Drexel scholarships, grants, and awards – 50% of full-time amount
  • Federal Pell Grant – 50% of full-time amount
  • Federal SEOG and Federal Work-Study Funding – eligibility remains the same
  • PHEAA Grant – 50% of full-time amount 
  • Federal Direct Loans (PLUS, Subsidized, and Unsubsidized) and Perkins Loans – 100% of full-time amount
  • Private Education Loans – 100% of full-time amount (unless otherwise specified by the lender)
  • Private Scholarships – subject to award guidelines established by organization offering award

Registration of 5.5 – 3 credits

  • Drexel scholarships, grants, and awards – 25% of full-time amount
  • Federal Pell Grant – 25% of full-time amount
  • Federal SEOG and Federal Work-Study Funding – not eligible
  • PHEAA Grant – ineligible for any PHEAA funding
  • Federal Direct Loans (PLUS, Subsidized, and Unsubsidized) and Perkins Loans – ineligible for any loan funding
  • Private Education Loans – 100% of full-time amount (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

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.

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