What happens if a loan borrower drops below the required half-time status?
• If you are a loan borrower and you drop below 6 units at any time, you will be placed on financial aid Warning Status. • You will not be eligible for any further loan funds until such time as the warning is cleared. • All future previously approved loan disbursements for that year will be cancelled. • Your reduced enrollment status will be reported to your Guarantor, and your grace period for repayment will begin effective the last day you were enrolled in at least 6 units.
