What is an over-award?
An over-award is the amount of student loan issued to you in excess of what you are entitled to receive. An over-award may occur for a number of reasons such as: an increase in your resources; a mathematical error in the original assessment; an early withdrawal from studies; a change in your course load; completion of studies earlier than anticipated. An over-award in one year could create financial hardship for you in upcoming school terms.
Last update: 2007-06-25 13:40