Terms and conditions
By allowing federal, state, Purdue Fort Wayne, or outside financial aid awards to be paid to your student account, you are agreeing to the terms and conditions as outlined herein:
- All Purdue Fort Wayne financial aid policies and fund rules are published on our website. The student is agreeing to these published policies and the terms and conditions as outlined below by allowing financial aid awards to pay to their student account.
- The goPFW email account is the official method of communication from Purdue Fort Wayne to students. The Office of Financial Aid communicates to students via email to their goPFW student email account. It is the student's responsibility to check their email daily.
- Financial aid awards are awarded for a period of one academic year only. An academic year is defined as the fall and spring semesters. Any financial aid a student is awarded will be divided equally between the fall and the spring semesters. Students are responsible for knowing what the renewal requirements are for their financial aid awards and/or if they need to apply annually. Renewal of financial aid awards is not guaranteed.
- Students are required to notify the Office of
Financialaid of any scholarships, loans, book allowances, or other forms of assistance extended to them from sources outside Purdue Fort Wayne. Adjustments of financial aid may create a balance due if the external funds are applied after other financial aid awards have been paid to the student's account.
- The Office of Financial Aid reserves the right, on behalf of Purdue Fort Wayne, to review and cancel any award at any time because of changes to a student's financial status, academic status, or regulations of the financial aid the student received. All changes reflected on goPFW will result in an email to the student's account and serve as notification of changes made.
- Financial aid is awarded to a student contingent upon maintaining standards as set forth by the institution's Federal Title IV Satisfactory Academic Progress policies. Please refer to the following link for specific details: Satisfactory Academic Progress policies.
- Payment of financial aid to the student's billing (bursar) account is called disbursement. Disbursement of a student's financial aid award(s) (excluding Federal Work-Study) will be in the form of a direct payment to the student's billing (bursar) account. Any credit balance will be refunded by check or direct deposit. Federal Work-Study earnings will be paid directly to the student on a
biweeklybasis via direct deposit or check.
- Financial aid will be awarded and posted to student accounts based on presumed full-time enrollment (undergraduate = minimum of 12 hours; graduate = minimum of eight hours). Should the student register for less than full-time enrollment, changes to their financial aid may be required per federal, state, or institutional regulations that govern the financial aid the student was awarded
- The student is responsible for ensuring that their financial aid, payment plan, cash, or outside resources (e.g., credit-card payment) are completed in a timely manner as to ensure that their direct costs billed to them by Purdue Fort Wayne are paid in full by the posted billing due dates. Failure to do this will result in late fees. Students can access their current bill at any time via their goPFW student account.
- A student receiving federal financial aid earns their aid based on the number of days that they attend class. A student receiving federal aid who fully withdraws from Purdue Fort Wayne before they have attended for at least 60 percent of the term will have their federal aid eligibility recalculated based on the number of days the student attended. Purdue Fort Wayne is required per federal guidelines to return the unearned federal financial aid to the appropriate federal financial aid authority. Therefore, the student will
in turnbe billed for the amount of unearned federal financial aid that was removed from their student account and returned to the government.
- A student receiving state financial aid earns said aid based on their enrollment at the end of the 28th class day of the semester. Therefore, state aid will be affected should that student drop below 12 hours before that date. State aid will not pay for all fees charged and specifically will not pay distance-education fees. The State provides an electronic financial aid award notice to every student, and this financial aid award notice is the final authority to determine the amount of state financial aid a student will receive.
- Federal Pell Grant financial aid awards are finalized based on hours of enrollment as a first bachelor degree seeking student at the end of the 4th week of classes. Therefore the amount of the Pell Grant financial aid award for a student will be affected should that student fully or partially drop from classes before the end of the 5th week of classes. There is a lifetime maximum eligibility limit for receiving the Federal Pell Grant: A student is eligible for 12
full timesemesters of Pell Grant (or Lifetime Eligibility Usage (LEU) = 600%. This financial aid award may change after a federal review of financial aid received in the past is completed.
- A student must be enrolled at least half-time in order to receive Federal Direct Loans financial aid awards and to remain the in
loan-defermenttime period. If a student is eligible to graduate midyear, the Federal Direct Loans financial aid awards, as well as the student's Cost of Attendance, will be reviewed to determine final financial aid eligibility based upon that semester's hours of enrollment. Appropriate adjustments to the student's financial aid awards will be made if necessary, as required per federal, state, and institutional guidelines.
- A student may be awarded employment financial aid under the Federal Work-Study program (FWS). The amount of FWS aid shown on the award letter is the maximum a student can expect to earn during the academic year as a result of work performed. The student will be paid for only those hours actually worked.
- Students planning to attend two different colleges or universities in the same semester should inform the Purdue Fort Wayne Office of Financial Aid and be sure to know the rules pertaining to this choice. In general, it is a violation of federal law to receive federal financial aid at two different schools during the same period of enrollment.
- Students are obligated to keep their Purdue Fort Wayne record current with any changes to their name, address, or phone number.
- Students who are incarcerated in a state or federal correctional institution are required by federal law to inform the Office of Financial Aid of their incarceration.
- Students must be admitted and enrolled as degree-seeking students at Purdue Fort Wayne. Students admitted and enrolled as "temporary intercampus transfers" or "graduate students at large" are not eligible for federal, state, or institutional funds.