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Information and Instructions
General Information
Federal regulations allow a student to receive federal financial and from only one school at a time. For most sources of financial aid, federal regulations require a student be both admitted to a degree seeking program AND enrolled as at least a half-time student. To qualify as a half-time student, an undergraduate student must be registered in a minimum of six (6) credit hours per semester.
When a student is enrolled at one institution during a semester or summer session while being admitted to another, a consortium agreement between the schools is required to verify that the student meets both criteria mentioned above for financial aid consideration.
Instructions
The school processing the aid is the HOME school, the school from which the student will obtain the degree. If VU is not the HOME school, contact the Financial Aid Office at the HOME school to verify that they process consortiums and obtain a consortium form, if appropriate.
If Vincennes University is the HOME school, you will need to do the following:
- Obtain the consortium agreement form from the Financial Aid Office.
- Take the consortium agreement form to your VU academic adviser for a signature to certify that the courses taken will transfer and apply towards your degree.
- Submit the consortium agreement form to the Financial Aid Office at the HOST school. They will complete their part and return it or ask you to return it to VU.
Because of the complicated nature of this process, be sure to monitor the progress of the agreement throughout the process, and verify with the Vincennes University Financial Aid Office that the process has been completed and how your aid will be disbursed. Normally, the aid is forwarded to the student who is then responsible for paying all tuition and other charges at the HOST school.
**Please note that any withdrawal from classes from either school may result in the student being required to repay financial aid.
Related Documents:
Consortium Agreement - PDF File
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