Meaning Overaward
What does Overaward mean? Here you find 6 meanings of the word Overaward. You can also add a definition of Overaward yourself
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Overawarda situation in which the student's financial aid exceeds the calculated financial need. Federal student aid programs do not allow overawards.
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OverawardThe amount of financial aid awarded to a student that exceeds that student's financial need.
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OverawardA student is said to be overawarded when the total need-based financial aid exceeds the student’s demonstrated financial need or when the total financial aid plus the expected family contribution exce [..]
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OverawardThis is money that was given but is over the maximum allowable amount for a student loan. This may be due to: a reassessment of your original application; an audit of your file; a sudden withdrawal from full-time or part-time studies; a reduction of your course load; early completion of your studies; or an error made at the time of the initial asse [..]
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OverawardWhen students are inadvertently awarded more financial aid than their cost of attendance.
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OverawardAn overaward occurs when a student's aid exceeds what is necessary to meet budget.
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