Getting Financial Aid Reinstated

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Students can lose financial aid if they drop below half time during school, or if they go into default on past student loans. Make payments on time for up to six months to reinstate financial aid with help from a financial aid officer in this free video on financial aid and student loans.

Part of the Video Series: Financial Aid
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Video Transcript

Hi, my name is Brook Kramer, and I'm the financial aid officer at Argosy University in Salt Lake City, and I'm going to let you know how to get your financial aid reinstated. There are a couple of ways that your financial aid can be taken away. One of the first ways is if you drop below half time during school, you do lose financial aid, so you need to talk to your financial aid adviser, and find out the minimum amount of credits you need to take per semester in order to qualify for financial aid. The second way that students lose financial aid is by going into default on past student loans. If you are currently on default with past student loans, you need to get in contact with your lender and they will be able to tell you how can you reinstate your financial aid. Normally, it's by making payments on time for up to six months, but it can be as long as twelve months, so you definitely want to contact your lender to find out what you need to do in order to reinstate your financial aid. If you have any other questions, please feel free to check out our website at www.argosy.edu.

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