Financial aid at the University of Central Florida is awarded to transfer students in much the same way it is awarded to other undergraduate students. See Application Steps. In addition to that information, there are a few important things that are unique to transfer students:
- You may or may not receive the same type or amount of aid that you were awarded at your previous institution. Not all financial aid transfers from one school to another.
- You may be awarded financial aid before your transcripts are fully evaluated by UCF Undergraduate Admissions. In this case, your loan award may be based on a lower than actual class standing. Once your credits are evaluated, you may request an adjustment to your loan by completing the Loan Adjustment Form.
- If you received Federal Direct or Federal Perkins at your previous institution, you must complete Exit Loan Counseling at that institution. This will help you understand repayment for your federal student loans, but will not put you in repayment as long as you are enrolled at least half-time at UCF. Check your loan aggregates on the National Student Loan Data System (NSLDS) and compare your total loans to the Loan Borrowing Limits.
- An incomplete admissions file will delay the disbursement of financial aid. Submit your official final academic transcript from your previous institution to UCF Undergraduate Admissions as soon as it is available.
- If you are enrolled in transient hours during your first term at UCF, you must be enrolled in at least one class at UCF, in addition to your transient hours. Note: Most financial aid programs at UCF require a minimum of 6 credit hours. Additional information can be found on the Program Eligibility Charts. To receive the Federal Direct Stafford Loan you must be enrolled in at least 6 UCF hours as an undergraduate student.
- If you have been admitted for a summer term, you will need to have the current year FAFSA on file, meet eligibility requirements, and enroll in a minimum of 6 hours at UCF to be considered for financial aid.
- Student should review the UCF Scholarship Listing on a regular basis for available scholarships.
The U.S. Department of Education requires that students who transfer from one institution to another during the same award year undergo a Transfer Student Monitoring process. Students transferring to UCF for spring or summer semesters will be monitored during their initial semester for any National Student Loan Data System (NSLDS) changes in their financial aid history.
Students who have a financial aid file at UCF will have a temporary seven (7) day hold to permit NSLDS to report any updates to their history and allow time for alerts to be sent to UCF. The seven (7) day count will begin the first day of classes for admitted students with a FAFSA on file with UCF. Later FAFSA submissions will cause a delay in the temporary hold going into effect.
An NSLDS alert will be received for students with pending financial aid or flags at previous institutions. Students are encouraged to check their information on NSLDS to make sure their files are clear. Financial aid disbursement will not take place until alerts have been resolved.
In the event an alert takes place after disbursement, students must clear their file in order to maintain eligibility for aid they have received.
- Be informed. The application process must be complete; pay close attention to priority filing dates.
- If a FAFSA for the year in question has already been filed, request that the Federal Processor forward the information to UCF, Code # 003954, by following one of the steps below:
- Go to the FAFSA on the Web (FOTW) home page and click Start Here to log in. Applicant will be given the option to Make FAFSA Corrections. The UCF School Code (003954) should be added and the corrections should be submitted for processing.
- Call the Federal Student Aid Information Center at (1-800-4 FED AID) and have them add UCF School Code (003954) to FAFSA application. The Data Release Number (DRN) from the Student Aid Report (SAR) or confirmation page will be required.
- Students who completed the paper FAFSA will need to add UCF to the colleges section on their SAR and mail it to the Federal Processor for corrections.
- The To Do List on myUCF will indicate any required forms or other requirements, such as the Loan Entrance Counseling.
- Not all financial aid programs are transferable; eligibility for some programs will be determined by UCF.
- Students receiving a private scholarships should contact the donor of the scholarship and notify them that you will be attending UCF.
- Students who have already been awarded a loan for the current academic year at another school, cancel that loan as soon as possible.
- Students transferring to UCF must be sure to read the policies regarding Satisfactory Academic Progress found on the website. It is important that each class taken is required curriculum to earn a degree.
- The Short Term Advance (STA) or the Textbook Purchase Program is available for students to help with these expenses. The STA application, found under Forms, is available for download prior to each term, so that funds may be available as early as the week before the first day of classes. For additional information regarding both programs, visit the Funds for Books section of our Web site.