Renewal of Aid
Receiving a renewal of a scholarship or loan is dependent upon demonstrated financial need and satisfactory academic progress. Current/returning students should take the below steps to ensure the renewal of their aid.
1. Submit Your FAFSA Annually
Returning students must submit the Free Application for Federal Student Aid (FAFSA) annually to receive financial aid consideration. The renewing and awarding of scholarships, grants, loans, etc. is based on the student’s current calculated financial need, availability of funds. Financial aid will be made reasonably available to all eligible applicants as long as funds are available.
2. Confirm Your Satisfactory Academic Progress
Confirm your eligibility for fund renewal for scholarships and merit-based aid. The renewing and awarding of some grants, loans, and scholarships is based on academic policy and standards set forth by the particular aid involved.
HBU merit scholarships are renewable for the duration of a student’s studies as long as (s)he meets the GPA requirement for the scholarship and maintains continuous full-time enrollment. For incoming freshmen, merit scholarships are renewable for up to eight semesters. For transfer students, they are renewable for up to seven semesters based upon the student’s status at the time of admission to HBU. Graduate students should contact their department for information about scholarships.