Financial Aid Information
Federal and state aid may be available for study abroad if: (1) you are eligible for aid, (2) the study abroad program meets certain criteria, and (3) the registrar has pre-approved the credits.
To Qualify- Students must be enrolled in a degree program at AU to receive federal and/or state aid.
- Students must be enrolled for at least 12 credit hours during the semester they receive aid.
- Study abroad credit must be pre-approved by the registrar.
- The 1992 Reauthorization of the Higher Education Act allows the reasonable costs of study abroad to be used to determine how much aid a student may receive.
- A budget for study abroad must be developed by the Financial Aid Office.
- Expense Documentation must be provided to this office.
- Financial Aid application data must be verified, sometimes with source documents like tax returns.
- Students must sign loan promissory notes and other required forms.
- Federal and most state aid cannot be disbursed more than ten days before the beginning of the term, and is applied to the student's account at AU. Private loans and scholarships are disbursed by check. It is possible to designate a power of attorney to pick up checks and sign them on your behalf.
- Refunds will be disbursed after AU campus fees are paid. If you withdraw from school during this term, AU has a financial aid refund policy which determines how financial aid received is adjusted.
- Students have to reapply for federal or state aid each year.
- Satisfactory completion of credit must be shown each term. Satisfactory completion is noted by a "C-" or better in all enrolled classes.
- Award notices and other documents must be sent to students for their signatures or must go to a person with a valid power of attorney.