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Your Financial Aid Award Offer

Your Nova Southeastern University Financial Aid Award Offer outlines all the financial aid you're currently eligible for. This package can include a mix of aid types, such as:

  • Loans: These require repayment with interest.
  • Scholarships: These are often merit-based and typically don't need to be repaid.
  • Grants: These are usually need-based and don't require repayment 

To help you better understand your financial aid award offer, here are some key points to keep in mind.

1. Review the Terms and Conditions Annually

  • Understand your obligations: Each source of financial aid has specific requirements. These may include loan repayment terms, maintaining Satisfactory Academic Progress (SAP), and meeting renewal criteria.
  • Stay informed: The Terms and Conditions of Your Financial Aid Award Offer outline these details. This document is updated yearly to reflect changes in financial aid programs, federal and state regulations, and institutional policies. 

2025-2026 Terms and Conditions 2024-2025 Terms and Conditions

2. Accept, Decline, or Modify Your Awards

Before your loans and Federal Work-Study offers can be disbursed to your student account, you must decide whether to accept, decline, or modify them.

Get Step-by-Step Instructions to Accept, Modify, or Decline Your Awards

Award Amounts and Enrollment Status

Awards issued prior to the semester are based on the cost of attendance for full-time enrollment status. This means that your awards may have to be adjusted for your actual enrollment, if you do not attend full time in degree-applicable coursework.

How many degree-applicable credits you need to be eligible for financial aid depends on the type of financial aid you are looking to receive. The grid in the dropdown below provides some general guidance, however, for more details, you should carefully review the Terms and Conditions of Your Financial Aid Award Offer.

Financial Aid Type Credits

Pell Grant

1 - 12 or more financial aid eligible credits*

Effective Access to Student Education (EASE) Grant

12 or more financial aid eligible credits

(9 credits for nursing students)

Florida Student Assistance Grant (FSAG)

12 or more financial aid eligible credits

(9 credits for nursing students)

Florida Bright Futures Award

6 or more financial aid eligible credits

NSU Dean's Scholarship

(undergraduates only)

12 or more financial aid eligible credits

Federal Supplemental Educational Opportunity Grant (FSEOG)

1 or more financial aid eligible credit

TEACH Grant

1 - 12 or more financial aid eligible credits*

Federal Direct Subsidized and

Unsubsidized Loans

Half-time**

Direct PLUS Loans

Half-time**

Scholarships

Varies ~ Usually 12 or more financial

aid eligible credits for undergraduates and 6

or more credits for graduates

Federal Work-Study

1 - 12 or more financial aid eligible credits

*The grant amount is prorated when you enroll less than full time.

**Half-time enrollment is defined as 6 credits per semester for all undergraduate students. For graduate and first professional students, half-time status varies by program.

Tip: Be sure to be enrolled in all credits you plan to take for the entire semester before the end of the first drop/add period in each term to ensure that you receive your maximum award.

3. Check Your NSU Email and Financial Aid Account Regularly

NSU email and SharkLink are the official means that the Office of Financial Aid will use to communicate with you. We cannot stress enough how important it is for you to regularly check on your financial aid status and read emails sent to you from Financial Aid and Academic Records (FAAR). You may receive notifications about outstanding requirements that are preventing your funds from being disbursed or about changes in your eligibility, university and/or federal and state funding.

Contact Us

Horvitz Admin. Bldg
3300 S. University Drive
Fort Lauderdale, FL, 33328-2004

Monday - Friday
8:30 a.m. to 6:00 p.m.

(954) 262-3380 | 800-806-3680

finaid@nova.edu

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