Your financial aid may be canceled for several different reasons:
A Change in Enrollment
- Less than half-time enrollment- Per federal regulations, learners must be enrolled at least half-time in order to be eligible for federal loans. If you are not enrolled at least half-time, any offered federal loans may be canceled.
- Graduation- If you graduate, any pending awards will be canceled. If you update your graduation date, we may cancel any offered funding you have for any quarters following your updated graduate date.
- Withdrawal- If you withdraw or leave Capella, we will cancel your pending awards.
Financial Aid Ineligibility
- FASAP- You may not be meeting the academic requirements for financial aid eligibility.
- Borrowing Limits- You may have met either your annual or lifetime direct loan limit.
- Defaulted federal loan- We may have received an update that you have one or more existing loans in default.
Award Cancellation Request