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EIU Office of Financial Aid & Scholarships

Terms and Conditions

General Terms and Conditions

  • You must be enrolled in a degree-seeking program.
  • You must be a U.S. citizen or eligible non-citizen.
  • You must be enrolled at least half-time (six credit hours minimum per term) to be eligible for Federal Direct Loan(s).
  • Financial aid will not disburse to your student account until you are attending at least one class. Federal Direct Student Loans will not disburse to your account until you are attending at least six semester hours.
  • You must be enrolled full-time (12 credit hours per semester) to receive most types of financial aid. If you enroll less than full-time and/or your weeks of enrollment are less than 16 weeks each semester, your financial aid awards may be reduced or canceled. Students that have previously received a baccalaureate degree are considered full-time with 9 hours of enrollment.
  • Full-time enrollment (12 credit hours or more) is required during the fall and spring semesters to receive the following awards: EIU Promise, EIU Cost Match, EIU Merit Bonus, EIU Local Scholars, Socio-Economically Disadvantaged Student Scholarship (SEDS), EIU Tuition Grant (TUI), Access to Education (A2E1, A2E2, A2E3, and A2E4), Panther Promise Award, all Merit Scholarships, Commitment to Excellence Scholarships, Transfer Achievement Scholarships, Presidential Scholarships, Pemberton Presidential Scholarship, Achieving, Celebrating & Excelling (ACE), Honors Awards & Grants (HNRS), Grant-in-Aid Integrative Learning (GIAIL), Integrative Learning Scholarship (ILS), Minority Affairs Scholars Award (MASA), and Phi Theta Kappa Scholarship (PHITK). If you have been awarded any of these funds and you are not a full-time student, the award(s) will be canceled. If you have received any of these awards for Summer classes, 6 credit hours of enrollment is required to receive the award for summer.
  • Your financial aid is awarded based on merit and/or calculated need as determined from the information provided on you