Terms and Conditions of Your Financial Aid Award

You must abide by the terms and conditions of each nancial aid program through which you have been awarded. Federal Work-Study If you have been awarded Federal Work-Study, the amount of your award re ects the amount you may be eligible to earn. However, your award does not guarantee you a job, and you must work in order to receive the funds, which will be issued as a paycheck. If you did not qualify for Federal Work-Study, other employment opportunities may be available to you. For more information on employment opportunities and instructions on applying for available positions, visit www.nova.edu/ nancialaid/employment/index.html. Florida Grants and Scholarships (Florida Residents Only) Grants and scholarships are considered “gift-aid” and do not need to be repaid. Provided you remain eligible, these funds will automatically be credited to your student account. You do not need to actively accept these funds in SharkLink. For detailed information on Florida aid programs and residency requirements, visit the Florida Department of Education’s website at www. oridastudent nancialaid.org . If you are an undergraduate student and have been awarded a Florida Resident Access Grant (FRAG) or a Florida Student Assistance Grant (FSAG) , you must enroll for at least 12 credits each semester/term (9 credits for nursing students) by the end of the drop/add period for the rst part of term for each semester/term. Students who enroll less than full-time are not eligible to receive aid from these programs, and their awards will be canceled. Students (or parents of dependent students) also must provide adequate documentation that they have been legal Florida residents for 12 consecutive months prior to the rst day of classes of the semester/term for which assistance is given. To receive a Florida Bright Futures award, you must be enrolled for a minimum of 6 credits by the end of the drop/ add period for the rst eight weeks of both fall and winter semesters/terms. At that time, award amounts will be adjusted based on actual enrollment. Students who drop or withdraw from any classes for which Florida Bright Futures funds were received, must return these funds. Until these funds are returned, students are ineligible to receive any additional Florida state nancial aid funds. According to state legislation, students have until the end of the academic year to return unearned funds. However, students should be aware that they will not be able to register for future classes with an outstanding balance. Institutional Scholarships Thanks to generous donations from alumni, corporations, donors, and friends, NSU offers a signi cant number of institutional scholarships each year. In order to receive an NSU scholarship, such as an NSU Dean’s or NSU President’s Scholarship, students must meet all scholarship requirements, including any required grade point average (GPA) and course-load requirements. Institutional scholarship recipients must also be enrolled full time by the end of the drop/add period for the rst part of the term of each semester. Failure to adhere to scholarship requirements may result in cancellation of a scholarship award. Once an institutional scholarship has been cancelled, it cannot be reinstated. To identify additional scholarship resources, visit NSU’s scholarship webpage at www.nova.edu/ nancialaid/scholarships /index.html . Federal Pell and TEACH Grants Pell Grant recipients are eligible for a maximum award duration of 12 full-time semesters (or the part-time equivalent), which is equal to 6 scheduled awards or 600 percent of lifetime eligibility. To track your lifetime eligibility, log into the National Student Loan Data System (NSLDS) at www.nslds.ed.gov . If you have been awarded a Federal Pell Grant, the amount of the award is based on full-time enrollment. Enrollment for less than 12 credits in any semester/term will reduce the award amount for that semester. Generally, Pell Grants are available to students enrolled in less than 6 credits. If you receive a part-time Federal Pell Grant award during the rst and second semester/term, you may be eligible to receive the remaining portion of your grant in a subsequent semester/ term. For more information, visit the Pell Grant page on the nancial aid website. If you have been awarded a Teacher Education Assistance for College and Higher Education (TEACH) Grant, you must be enrolled in coursework that is necessary to begin a career in teaching or plan to complete such coursework. Coursework may include subject area courses (e.g., math courses for a student who intends to be a math teacher).