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![]() Student Financial ServicesFederal and State Financial Aid Disbursement RulesFederal and state regulations require that a student must be in attendance at least part-time (undergraduates; 6 credits, graduates: 6-7 credits) or full-time (undergraduates: 12 credits; graduates: 9 credits) before APU can disburse federal and state aid. Adding and dropping classes may affect the amount of federal/state financial aid a student receives. All financial aid awarded, with the exception of Federal College Work Study (FCSW), are credited to the student's account. (The student is responsible for the finding the work-study job through Career Services.) Some students receive financial aid in excess of direct university costs. In such cases, the portion exceeding direct costs is refunded to the student as long as it does not exceed the cost of attendance. By federal regulations, first year undergraduates will receive funds after 30 days from the first day of class attendance. |
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