By accepting your award, you are stating that you have read, understand and accept the conditions of your award. The Office of Financial Aid and Scholarships has the right to change your award at any time during the school year for various circumstances such as changes in allocations of funds, your enrollment changes, your residency status is revised, your tuition and fees are adjusted, you received resources not listed on your award, you do not meet the standards for satisfactory academic progress, you withdraw, etc.
You are not required to accept all of the aid programs as offered. You can revise awards downward only. If you wish to accept only part of an award, such as a lesser loan amount, indicate the total amount of loan you wish to borrow for the academic year. Be sure your loan request reflects your needs for the entire year as the number of loan adjustments will be limited. Disbursements will be made in equal amounts. For prior loan recipients, your award will serve as your final acceptance of your Ford Direct Loan.