Terms and Conditions
Awards are subject to the following general policies:
- The Offer of Financial Assistance has been based on the documented financial information you submitted. It is your responsibility to inform the Financial Aid Office if your reported information changes in any way during the academic year.
- The Financial Aid Office reserves the right on behalf of the University to review and cancel an award at any time because of changes in the student's financial or academic program or status, or because of the recipient's failure to observe the general requirements as stated in the University Catalog.
- Recipients of financial assistance from the University are to notify the Financial Aid Office of any other scholarships, grants or loans extended to them from sources outside the University.
- Student Housing policies are explained in full in the Catalog. Students must have permission to move off campus. If a student does so without permission, the student will be charged full room and board for that semester. Students who are given permission to move off campus may have their financial assistance adjusted.
- It is the policy of the University to disburse one-half of the financial aid award to the student account (excluding Federal Work-Study and estimated aid) at the beginning of each semester. Awards are disbursed on or before the date charges are added to your account as long as all documentation is complete. After that date, awards are disbursed to student accounts on a bi-weekly basis.
- Students receiving University financial assistance (i.e. CLU Grants, CLU Scholarships, etc.) are required to be full-time students (12 credits or more per semester). Students who are less than full-time are eligible for reduced Federal and State Grants (i.e. Pell Grant, Cal Grant, etc.) and are not eligible for University aid.
- Any commitment of State or Federal funds is tentative and contingent upon subsequent legislative or congressional appropriation and actual receipt of funds by CLU.
- All students receiving financial aid must maintain Satisfactory Academic Progress towards their degree. At CLU, satisfactory academic progress is defined as completing 24 units each academic year with a cumulative GPA of 2.00 or better. Students progress will be evaluated at the end of each academic year.
- University gift assistance is not available to undergraduate students who have attempted/completed 140 units or more, or 10 full-time semesters, whichever comes first. Federal and state funds are not available to students who have completed 180 units or more or 12 full time semesters, whichever comes first.
- Students who find it necessary to withdraw from the University are required to notify the Financial Aid Office. A "Return of Title IV Funds" calculation must be processed for students who withdraw and have received federal student aid, as the student may not retain aid they have not earned. See the University Catalog for additional information on refunds and return of financial assistance.
- Financial assistance for summer terms is limited and generally consists of student loan eligibility if the loan maximums have not been received during the regular academic year.
- Students who receive Cal Grant B Access awards will have these awards applied directly to tuition and fees. Students may request, in writing, to the Business Office if they would like this award given directly to them. In this case, a check will be available for pick up in the Business Office. If this request is made after funds have been applied to the student account, the request will apply only to future term amounts. This request must be made each academic year. Cal Grant B Access awards may not be distributed to a third party.