Most financial aid awards are prorated based on enrollment. Only courses taken for a grade count toward status. During Financial Aid Disbursement Week/Pell Census, the financial aid staff reviews the enrollment status of each financial aid recipient.
After adjustments are made, Pell Grants, Supplemental Educational Opportunity Grants, Maryland Part-Time Grants, Maryland Campus-Based Grants, Perkins Loans, Institutional and Corporate and Foundation Scholarship awards are automatically disbursed to the student's account and on-campus housing costs.
Students receiving Perkins Loans for the first time must meet with a financial aid administrator to complete a Perkins Loan Promissory Note and Perkins Loan Disclosure Statement. Continuing students who have previously received a Perkins Loan at Capitol Technology University must complete a Perkins Loan Disclosure Statement. Perkins Loan funds will not disbursed to a student's account until these forms are completed and determined correct.
Financial aid awards greater than tuition, fees and on-campus housing expenses will be refunded to the student.