Quote from lilkimball05
In this program, you may use loans. You must first apply for aid and get awarded, you must accept the awards ,sign promissary note and do entrance conseling. The reason you will be able to utilize this is because the funds will be sitting in pending status or you will be awarded prior to the start date.
This is all true and I am aware that this needs to be done. What is unclear though is how the federal funding would be distributed. UTA requires that classes must be paid for, in full, prior to starting each class. I am under the impression that you can register for multiple classes, placing a student at full time status, and maximizing the eligible amount of federal aid, but UTA will only remove the cost of 1 class, from the lump sum of awarded aid, at a time. What happens to the rest of the money? Does UTA hold onto the rest of the federal aid, to be utilized for the next 8 week class, or does the college issue the rest of the money in a refund, and it is the student's responsibility to utilize the refund to pay for the next class? I'm only going by what a financial officer told me and unfortunately I did not get a chance to finish my conversation with the officer, due to being at work when I called and having to divert my attention toward a pressing issue within the office I work. I'm just a little confused at the moment and prefer to have as little hang ups as possible while attending this school online. Thanks for your comment lilkimball05.