How to Accept, Decline, or Reduce an Award
After you receive your award notice and have become familiar with your financial aid awards and 鈥淭erms and Conditions,鈥 what should you do next? If you are awarded 鈥淕ift Aid鈥 (any grant or scholarship money 鈥 which does not need to be repaid, i.e., HOPE, Pell, etc.), these funds do not require acceptance on your part. If you have been awarded student loans, you will need to accept, decline or reduce the amount of loan you wish to receive or not receive.
- Sign into
- Click on Financial Aid
- Click on Financial Aid Dashboard
- Click on Award Offer
- Select aid year from the dropdown box (i.e., 2023 鈥 2024 for aid year beginning Fall 2023 through Summer 2024)
- Review the Grants and Scholarships that have been accepted on your behalf
- Review the 鈥淥ptions to Pay Net Cost鈥 (Loans and Federal Work Study will be included in this section)
- Under the 鈥淭ake Action鈥 column click 鈥淪elect鈥 to Accept, Decline, or Modify the offered aid.
鈥 If you select 鈥淢odify鈥 a pop-up box will provide the option to modify the amount you may type in the amount you wish to accept for the aid period. (Note if you have been awarded aid for two terms, any amount accepted will be divided equally between the two terms.)
- Click 鈥淪ubmit鈥 to confirm you decision
- You will now be redirected to accept the Financial Aid Terms and Conditions
- Click the box 鈥淚 acknowledge these terms and conditions.鈥
- Click 鈥淎ccept Award鈥
- Once you Click 鈥淎ccept Award鈥 a pop-up box displays on the top right corner of the screen indicating 鈥淵ou have successfully submitted the Award offer.鈥
Additional Steps
All new undergraduates who have accepted all or a partial amount of student loans must complete a Master Promissory Note (MPN) and an Entrance Loan Counseling. Both of these should be completed by visiting . The MPN will remain active for 10 years from the day of completion if a student continually receives student loans and there is no break of 12 months or more.
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