Over Awards
If you receive more financial aid than your cost of attendance, you will likely need to return a portion of that award to the University.
Over Awards
- If you receive more financial aid than your Cost of Attendance, this is called an “Over Award”.
- This usually happens when you receive outside (non-institutional) awards after you receive your award from UNC Charlotte.
- All financial aid and educational resources must fit within your cost of attendance budget. If you receive more aid than your budget, then you may have to give some aid back to the university.
- If we become aware of additional financial aid or other resources, we can eliminate your over award by reducing or canceling other aid.
- A good rule of thumb is to be aware that if an outside (non-institutional) award results in exceeding the cost of attendance, then the student’s award may be adjusted and he or she may be required to repay funds.
- Outside non-institutional funds include scholarships, stipends, veterans educational benefits, etc.
- A good rule of thumb is to be aware that if an outside (non-institutional) award results in exceeding the cost of attendance, then the student’s award may be adjusted and he or she may be required to repay funds.