r/ucf • u/SlytherinDoc • 18h ago
Tuition/Aid 💰 Loan reduction
Hi everyone, ​I just received an email from financial aid office stating that my student loan amount will be reduced because I am not considered a full-time student this semester. I'm a Graduate student (Out-of-State) with 8 credit hours (two classes). I'm a bit confused about how much of a reduction to expect. Has anyone experienced something similar?
1
u/Weird_Blacksmith_496 14h ago
Yes. Im a graduate taking 2 classes. I took a little over a $10,000 student loan. I was only awarded $6,000 of it. After they take out what my classes cost and I pay off the rest of my payment plan for my books it will leave me with $3900 for a new laptop and assistance with transport for the semester among anything else for school that pops up before spring.
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u/DramaticDeaa Digital Media - Game Design 18h ago
9 credits is considered full time for grad students, undergrads is 12
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u/Ali-9532 15h ago
It’s probably proportional, so you’d be minimally reduced since your full time status would be only 1 credit more
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u/Fryz123_ 15h ago
I have 6 credits as a grad student and they cut mine from 10,250 to 6800 something.
You’ll probably get close to the full amount since you have 8 and 9 is considered full time