- Also in this section...
- Do I Qualify for FSA?
- Financial Aid Checklist
- FSA Award Package
- FSA Disbursements
- Federal Grants
- Federal Loans
- Loan Entrance and Exit Counseling
- Satisfactory Academic Progress (SAP)
- In-School Deferment Request Form
- Tips for Managing Your Loan
- Contact Information for Loan-Related Questions
- Financial Aid TV
- Military Education Benefits
All Federal Student Aid (FSA)-eligible students are awarded by the academic year. Grantham University’s academic year is made up of two 16-week semesters for a total of 32 weeks; each semester contains two eight-week class sessions for a total of four eight-week class sessions in each academic year. FSA awards are scheduled and posted to your account evenly with two disbursements for every academic year, one disbursement for each semester of enrollment.
Participation and Substantive Interaction
A student’s substantive interaction in each course must be confirmed prior to disbursing of any funds. Students may be dropped from courses for failure to substantively interact throughout the term. During this timeframe, awards may be adjusted due to changes in enrollment as a result of lack of substantive interaction. To prevent this from happening, please review information on Participation and Substantive Interaction.
For most students, the disbursement process will begin approximately 34 days after the start of classes in each semester once attendance has been confirmed. (If a student does not take classes in the first eight-week session, the process will begin the 34th day of the second eight-week session.) Once federal funds have posted to a student’s account, the Business Office will send a disbursement notice via email within 14 days.
If a credit balance remains in a student account after the required payments, remaining funds will be handled according to authorizations issued by the student during the GOFAO application process.
Grantham looks forward to helping you earn a highly targeted online degree in the most affordable way possible. For more information about FSA programs, see www.studentaid.ed.gov or call the FSA Information Center at 1-800-4-FED-AID (1-800-433-3243). For additional questions regarding other financial assistance opportunities that may be available to you, please contact Grantham University's Office of Financial Aid at 866-850-2980 or email us at email@example.com.To learn more, fill out the form and an admissions representative will contact you. You may also receive emails about our degree programs, tuition options, and, if applicable, enrollment process.