If I get disqualified from financial aid at one college, does that status follow me to another college? I'm considering transferring, and I’m worried this might impact my eligibility for aid at the new school.
The impact of financial aid disqualification on transfers can be complex and it can vary depending on the circumstances. Generally speaking, when you transfer from one college to another, your financial aid does not automatically transfer with you. You’ll need to cancel the aid at your current school and reapply at the new one.
Regarding a financial aid disqualification, this typically occurs for reasons such as not meeting satisfactory academic progress (SAP) standards. If this is the reason for your disqualification, it might not necessarily impact your aid at your new college. That's because each college or university set their own SAP criteria that students must meet to remain eligible for financial aid. However, if your performance in your current college is significantly poor, it could affect your overall academic performance and therefore your eligibility for aid at the new school.
If your disqualification was due to a drug conviction or defaulting on a student loan, this could affect your eligibility for aid at any college, until the issue is resolved. If you're unsure, it's best to reach out to the financial aid department at your prospective school to clarify. Additionally, completing the Free Application for Federal Student Aid (FAFSA) will help determine the amount and type of aid you can receive at a new institution. If you're considering transferring, don't forget to update your school selection on the FAFSA.
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