Percentage of award disbursed based on credit hours 15: Memorial Day: Monday, May 30: Monday, May 29: Monday, May 27: Independence Day: Monday, July 4: Tuesday, July 4: Thursday, July 4: Labor Day: Monday, Sept. Use the tables below to determine the number of enrolled credits required for disbursement, by award program. Subject to change at any time for correction of errors or change of policies. Should your credits decrease, you may have to repay some of your financial aid funds.Īudited courses do not count toward your enrollment status. The financial aid funds you received for the semester were based on the amount of credits you were enrolled in at the time of disbursement. If you consider dropping from a class or withdrawing, we recommend you consult with a financial aid representative to discuss your options. If you withdraw from all of your courses in a session or all of your courses in the entire semester, our Withdrawing as a Financial Aid Recipient policy will apply. Adding classes after your census date for the semester, even if they begin before your census date, will not change your prorated award amounts. Census enrollment figures will determine your final semester disbursement amount. Up to your census date for the fall or spring semester, your disbursement amounts will fluctuate according to the award proration rules below.ĭropping credits after your awards have been disbursed (including direct deposit) may result in a bill. If you register less than full-time in either the fall or spring terms, your aid will be prorated based on your lower enrollment status. Your awards were originally offered based on full-time enrollment in both the fall and spring semesters.

Asu fall break 2021