Over-Award Policy

Over-Award Policy

An over-award is financial aid that exceeds a student’s financial need and/or cost of attendance. When a student receives aid, the University of Louisville is required to adhere to all regulations associated. All aid, including scholarships, grants, loans, tuition remission, awards, and prizes must be counted as estimated financial assistance in a student’s total aid package.

When the Office of Financial Aid identifies an over-award, adjustments will be made to the student’s aid package to ensure compliance with regulations. When allowable, self-help aid, such as loans, are adjusted before a scholarship aid is affected. If an over-award occurs after aid has been disbursed, the student may be required to repay all or a portion of their financial aid to the University.