Office of Student Financial Aid

Financial aid policies, in plain language.

What keeps your aid in good standing, what happens if you drop or withdraw, and who to call before you make a decision that affects your money.

The official version

Allen policies come from the 2026–2028 Academic Catalog. Federal and South Carolina rules come from federal student aid regulations and state law. If anything here differs from the official source, the official source governs.

View the Academic Catalog →
The Policies

Know the rules. Keep your aid.

Open any topic to see the policy in plain language. Each one is labeled with where it comes from.

Allen policyFederal ruleSouth Carolina rule
Golden rule

Before you drop a class, withdraw, or change your enrollment, talk with Financial Aid. A five-minute call can save you money.

Getting your aid 7

Allen policy + federal rule

Eligibility & enrollment status

Who can receive aid, and how many credits count.
  • To receive federal aid, you must be admitted to a degree-seeking program and file the FAFSA. Allen’s Federal School Code is 003417.
  • You must file a new FAFSA every year. Aid is never renewed automatically.
  • Full-time at Allen is at least 12 credit hours per semester. Students taking fewer than 12 hours are part-time and pay a $531 part-time enrollment fee each semester, plus $500 per credit hour.
  • Federal Direct Loans require you to be enrolled at least half-time. A Pell Grant may be reduced if you’re enrolled less than full-time.
  • Most South Carolina scholarships and grants require full-time enrollment.
Before you change your schedule

Dropping below full-time or half-time can reduce or cancel part of your aid. Check with Financial Aid first.

Federal rule

Your award offer

How aid is packaged, and what can change it.
  • Your aid is based on your Cost of Attendance (COA), your Student Aid Index (SAI) from the FAFSA, your enrollment, and the funds available.
  • Your total financial aid, including scholarships from outside Allen, cannot be more than your Cost of Attendance.
  • You must tell Financial Aid about any outside scholarship, grant, or assistance you receive. Outside aid can change your award.
  • Awards can be adjusted if your enrollment, housing, academic standing, or other aid changes.
  • Allen awards institutional scholarships based on academics, athletics, and the performing arts.
Federal rule

Verification

If you’re selected to confirm your FAFSA information.

The U.S. Department of Education selects some FAFSA applications for verification, a review that confirms the information you reported. Schools may also review an application when information doesn’t match.

  • If you’re selected, Financial Aid will tell you which documents to submit.
  • Items commonly confirmed include household size, number of family members in college, and, for some students, identity and a Statement of Educational Purpose.
  • Your aid can’t be finalized or paid until verification is complete and any conflicting information is resolved.
  • If verification changes your FAFSA information, Financial Aid will submit corrections, and your award may change. You’ll be notified of any change.
Respond quickly

Submit requested documents as soon as you receive the request. Your aid waits until verification is done.

Federal rule

Special circumstances

When your family’s finances changed after you filed.

The FAFSA uses past-year income. If your situation has changed, a financial aid administrator can review it using professional judgment. Examples include:

  • Job loss or a major drop in income
  • High medical or dental expenses not covered by insurance
  • Divorce, separation, or the death of a parent or spouse
  • Other unusual circumstances that affect your ability to pay

In rare unusual circumstances, such as abandonment or an abusive family situation, a dependent student may be considered independent. Documentation is required, and each request is reviewed case by case.

These decisions are made by the school and can’t be appealed to the U.S. Department of Education. Contact Financial Aid to start a review.

Federal rule

Federal student loans

Promissory notes, counseling, and parent loans.
  • First-time Federal Direct Loan borrowers must complete entrance counseling and sign a Master Promissory Note (MPN) before loan funds can be paid.
  • Parents who borrow a Parent PLUS Loan sign their own MPN, and the loan requires a credit check.
  • When you graduate, leave Allen, or drop below half-time, you must complete exit counseling.
  • Loans must be repaid, so borrow only what you need. You can accept less than the amount offered.
Allen policy + federal rule

Disbursement & refunds of extra aid

When aid is applied, and what happens to money left over.
  • Financial aid is applied to your student account after your enrollment is confirmed. If your enrollment changes, your disbursement may be delayed or adjusted.
  • Tuition and fees are due before or during registration. Aid that hasn’t been applied yet doesn’t replace that responsibility.
  • If federal aid creates a credit balance on your account, it must be paid to you within 14 days.
  • Federal Work-Study is paid to you for hours you actually work. It is not applied to your bill.
South Carolina rule

South Carolina scholarships & grants

Requirements set by the State of South Carolina.
South Carolina awards at Allen (amounts from the 2026–2028 Academic Catalog)
AwardAmount
SC Tuition GrantNeed-based; set by the SC Tuition Grants Commission
SC HOPE ScholarshipUp to $2,800, first year only
SC LIFE ScholarshipUp to $5,000 per year
LIFE Enhancement (math & science majors)Up to $2,500 per year
Palmetto FellowsUp to $6,700 first year; $7,500 years 2–4
Palmetto Fellows EnhancementUp to $2,500 per year
  • You must be a South Carolina resident and enrolled full-time.
  • State law requires you to complete a state scholarship affidavit each year before funds can be paid.
  • LIFE renewal: a 3.0 cumulative LIFE GPA and an average of 30 earned credit hours per academic year.
  • The SC Tuition Grant requires a FAFSA on file.

Keeping your aid 2

Allen policy

Satisfactory Academic Progress (SAP)

Three standards you must meet to keep your aid.

To stay eligible for aid, you must make satisfactory academic progress every semester. SAP is measured three ways:

  • GPA: your cumulative grade point average
  • Completion rate: the pace at which you complete the courses you attempt
  • Maximum timeframe: you must finish within 150% of your program’s published length
Minimum cumulative GPA, bachelor’s and associate degrees
Cumulative attempted hours (with transfer credit)Minimum GPA
0–301.50
31–451.75
46 and above2.00

Warning, suspension & probation

  • Each semester, your SAP status appears on your grade report and transcript in the MyAllen Portal.
  • If you don’t meet SAP, you return the next semester on warning status.
  • If you don’t meet SAP for two semesters in a row, you are suspended.
  • You may appeal a suspension. If your appeal is approved, you return on probation with an academic plan.

What a strong appeal includes

Federal rules allow appeals based on circumstances such as the death of a relative, an injury or illness, or another special circumstance. Your appeal must explain:

  1. What happened: why you didn’t meet SAP.
  2. What has changed: what will now allow you to meet SAP, with supporting documentation.

How to appeal

  1. Complete the SAP Appeal Form and gather your supporting documents.
  2. Submit during an appeal window (below).
  3. You’ll be notified of the decision by mail or email within 48 hours.
Appeal windows

Second week of August · Last week of December · Third week of May · Third week of July. Summer submission may vary by term.

Send appeals to: Allen University, Dean of Enrollment Management, Attn: Admissions Committee, 1530 Harden Street, Columbia, SC 29204, or email admissioncommittee@allenuniversity.edu.

Graduate programs have their own SAP standards, listed in the Academic Catalog.

Allen policy

Grades, repeats & changing majors

How different grades count toward SAP.
  • Withdrawals (W) count as attempted hours for your completion rate. Only administrative withdrawals don’t count against your GPA.
  • Incompletes (I) and grades not reported count as attempted hours.
  • Failing grades (F) count as attempted hours and are included in your GPA.
  • Transfer credits count toward your completion rate but not your GPA.
  • Repeated courses count as attempted hours. Your highest grade counts in your GPA. Federal aid covers only one retake of a course you already passed.
  • Changing majors: only courses in your current major count toward the maximum timeframe. You may change your major up to three times.

If you drop or withdraw 2

Allen policy

Dropping courses & withdrawing

How much tuition is adjusted, and when.

Students who register are financially responsible for the courses they register for. If you drop one or more courses or withdraw from the University completely, tuition is adjusted on this schedule:

Tuition adjustment for withdrawals
If you drop or withdraw…Refund
Before the end of the 1st week of classes100%
Before the end of the 2nd week of classes75%
Before the end of the 3rd week of classes50%
Before the end of the 4th week of classes25%
  • Students who withdraw or move off campus during the semester do not receive a refund for room, board, or insurance fees.
  • Students asked to withdraw for disciplinary reasons, or who are dismissed, forfeit any refund of tuition and fees already paid.

Official vs. unofficial withdrawal

  • Official, before the penalty date (see the academic calendar): courses are recorded as “W,” without grades or grade points.
  • Official, after the penalty date: grades are recorded as “WP” or “WF.”
  • Unofficial (leaving without notice): you receive grades according to the academic policy and each instructor’s syllabus, and the Registrar notifies Financial Aid of your separation date.
  • Any hours you attempted while receiving aid still count toward SAP.
  • Military withdrawal: students required to withdraw because of military obligation receive a “W” and are exempt from readmission policies.
Before you withdraw

Talk with your advisor and Financial Aid first. Withdrawing can mean returning federal aid and owing a balance to the University.

Allen policy + federal rule

Return of federal aid (Title IV)

What happens to federal aid if you leave mid-semester.

Federal aid is awarded on the assumption that you’ll attend the whole semester. If you withdraw, federal law requires a Return of Title IV (R2T4) calculation.

  • You “earn” federal aid in proportion to the share of the semester you complete. After 60% of the semester, you’ve earned all of it.
  • Your withdrawal date is the date you began the official withdrawal process. If you leave without notice, it’s your last date of academically related activity, or the midpoint of the semester.
  • Any unearned aid the school must return is sent back to the U.S. Department of Education within 45 days of the date the school determines you withdrew.
  • You may have to repay part of the unearned aid. Loans are repaid under the loan’s terms.
  • If you earned aid that hadn’t been paid yet, you may be eligible for a post-withdrawal disbursement. Grants are applied within 45 days. You’ll be offered any eligible loan funds within 30 days, and you choose whether to accept them.
  • The R2T4 calculation is separate from Allen’s tuition adjustment schedule. Both can affect what you owe.

Allen’s process

  1. The Business Office determines, based on the University’s refund policy, what you owe the University for services received.
  2. The Office of Financial Aid determines how much must be returned to the U.S. Department of Education under the Return of Title IV regulations.
  3. Funds are returned in this order: Unsubsidized Federal Direct Loan, Subsidized Federal Direct Loan, Federal PLUS Loan, Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), then other federal aid programs.

Paying & special populations 2

Allen policy

Paying your balance & holds

What a financial hold blocks.

Tuition and fees are due before or during registration. If you don’t complete your financial obligation, a financial hold is placed on your record. A hold prevents you from:

  • Receiving your diploma
  • Getting your semester grades or a transcript
  • Registering for future courses

Unpaid balances may also be referred to a collection agency. If you’re worried about a balance, reach out early. We’d rather help you make a plan than see you stop out.

Allen policy

Veterans & military students

Progress standards for VA benefits.

Students using veterans’ benefits are evaluated at the end of each semester:

Veterans standard of progress
Total semester hours attemptedMinimum cumulative GPA
Up to 301.50
31–601.75
61–901.80
91 and above2.00
  • Falling below the minimum places you on academic probation for the next evaluation period, with one additional period to meet the requirements.
  • Not meeting the requirements during the third probationary period results in academic suspension, and termination of veteran’s benefits, for one semester.
  • Changes are reported to the VA within 30 calendar days.
Questions?

Ask before you decide. We’ll help.

Office of Student Financial Aid · Monday–Friday, 8:30 a.m.–5:00 p.m.

More help: Applying for financial aid · Grants & scholarships · StudentAid.gov ↗