General Policies for All Programs

1. Institutional funds awarded to students are restricted to the cost of tuition. There is no refund of institutional aid. Texas Wesleyan University reserves the right to re-name any institutional scholarships and/or grants with a named Endowment or Methodist funding. If an award has been changed anytime during the academic year, the student will be able to view the change in Ramlink. Students may be asked to write a thank you note to donors if applicable.
2. All students receiving financial aid from outside the University must notify the Office of Financial Aid of the source(s) and the amount(s) of such aid.
3. Financial aid awards are granted for one year beginning in the summer and may be renewed if the recipient meets the renewal requirements. All required documents for financial aid renewal must be received by the Office of Financial Aid prior to the appropriate priority-awarding date each year to ensure renewal.
4. Students receiving financial aid based on financial eligibility as documented through the FAFSA may not receive funds in excess of that student’s eligibility. Any student who has been “over-awarded” will have the awards reduced by the Office of Financial Aid so that the aid received will comply with all federal and state guidelines. When possible, the reduction will take place in either the employment or loan programs. Institutional aid may be reduced or cancelled due to an over-award.
5. Students must enroll as full-time students in order to receive full-time financial aid. Full-time enrollment status for undergraduate students is defined as being enrolled in at least 12 credit hours at Texas Wesleyan University each semester. Full-time enrollment status for graduate students is defined as being enrolled in at least 9 credit hours at Texas Wesleyan University each semester. Financial aid awards will be prorated for students who enroll in a less than full-time status based on eligibility criteria and funds availability. Some scholarships require full-time enrollment. See your official scholarship letter for details.
6. Scholarship, grant, and loan funds will be credited to the student’s University account at the earliest date allowed by federal regulation.
7. Graduation for students is usually at the end of Spring term. If you are graduating at the end of a Fall or Summer semester, we ask that you notify the Financial Aid office. Your Financial Aid Offer will need to be adjusted to reflect your enrollment for the year.
8. Students receiving VA benefits are not eligible for any institutional or state financial aid. Veterans may apply for federal student loans if needed.