Does Withdraw Trigger Repayment On My Student Loans
The quick answer is yes, your Direct Subsidized Loans and/or Direct Unsubsidized Loans enter repayment status when you withdraw from a school to transfer to another school. However, as long as you are enrolled at least half-time at an eligible college or career school, you are eligible for in-school deferment. Qualifying for deferment means you can avoid having to start making payments on your loans while you’re enrolled at your new school.
Regents Transfer Student Scholarships
The Regents Transfer Student Scholarship is the most prestigious scholarship awarded to undergraduate students at the University of California. Regents Scholarships are merit scholarships, selected on the basis of academic excellence. Entering transfers receive a $10,000 honorarium paid at $5,000 per year in each of their 2 undergraduate years .
Entering transfer students who are California Residents and have demonstrated financial need receive an additional scholarship and/or grant funds to meet the financial need for 2 undergraduate academic years. Your FAFSA or California Dream Act Application establishes your financial need.
College Transfer Student Scholarships
While transfer students wont have access to first-year scholarships, there are many scholarships available specifically for transfer students. Students can check with their anticipated schools scholarship pages or take advantage of some of the national scholarships for transfer students below.
The Jack Kent Cooke Foundation offers up to $40,000 for approximately 45 deserving transfer students, making it the largest private scholarship award available for two-year and community college transfer students. The award applies to tuition, fees, books, living expenses and more.
SPONSORING ORGANIZATION: Jack Kent Cooke Foundation
AMOUNT: Up to $40,000 per year
DEADLINE: October of each year
This popular scholarship is awarded to up to 200 students, with 25 of those scholarships earmarked for those in the military. Students must be members of Phi Theta Kappa, the national honor society for two-year students.
SPONSORING ORGANIZATION: Coca-Cola
An excellent example of the possible scholarships for transfer students through their transferring institution, Loyola University offers merit-based scholarships for those who are transferring to pursue their bachelors degree.
SPONSORING ORGANIZATION: Loyola University
Don’t Miss: Florida National Guard Pay
Do Transfer Students Get Pell Grant
This can be a hard obstacle to face if your institutional aid was significant at your previous school. In some cases, a school may not hold any institutional funds for transfer students, which means there is no chance of you receiving grants or scholarships from the school if you decide to transfer.
More Frequently Asked Questions
That depends on whether you plan to enroll at a school you have previously attended. Often, when students have taken time off from college and then start taking classes again, they are considered “returning” students, particularly if they go back to the same institution.
“Transfer students” are students who have previously attended a different college or university and hope to attend a new school.
Requirements for transfer students and declaring a major vary between institutions. For example, the University of California, Santa Cruz requires junior students to declare their majors by the second quarter, while the University of Florida requires students to declare a major when they apply.
There is a great deal of similarity between the application process for transfer students and incoming first-year students. However, since transfer students have already been through the process at least once, they may be more comfortable with it.
Some schools may require a lower grade point average for students who are switching colleges than they do for those right out of high school. However, some schools accept a lower percentage of transfer student applicants than first-year applicants.
It is possible to transfer schools midyear, but to do so you need to start the process in October. However, most students transfer schools at the beginning of the year.
Read Also: Berkeley College Nyc Tuition
What Happens To My Financial Aid If I Decide To Transfer
A lot of students transfer schools at least one time within their collegiate career. In fact, 33% of students do, according to NACAC. Transferring schools is no easy task, and shouldnt be done lightly, but one burning question that transfer students have: what will happen to my financial aid?
For college expenses not covered by scholarships and federal loans, College Raptor has partnered with Sallie Mae to bring you loans with great repayment options and competitive rates.
Transferring From One University To Another
There are plenty of reasons students may decide to transfer from one university to another. Location, affordability and major options can all factor into a students transfer decision. Whatever the reason, prospective transfer students should be aware of how things like transfer articulation, core equivalencies, core waivers and core substitution policies can play into the university-to-university transfer process.
As with a community college-to-university transfer, some university systems have articulation agreements in place. For instance, the State University of New York system allows any student enrolled in one SUNY school to easily transfer to another. They have guaranteed admission, and their courses have direct equivalents between schools.
Core classes are common, interdisciplinary courses designed to give all students a broad educational foundation. While the course names and subjects may be similar, core requirements vary between schools and states. Some core classes are general education courses determined by the state, and others are university- or major-specific, so its important that transfer students are aware of how these courses will carry over between universities. If too many completed core requirements dont transfer to a students intended university, it may make more sense to apply to a school with a more direct core equivalency.
Read Also: Is Ashworth College Recognized By Employers
Admissions Process For Transfer Students
Applying for college as a transfer student is similar to applying as a first-year student, but there are a handful of crucial differences that prospective transfer students should note.
Like first-year applicants, transfer students need to plan ahead so they can gather all application materials before their deadlines. Academic transcripts, recommendation letters, essays and an application form are common requirements for transfer and first-year students alike, but there are a few discrepancies. Here are some considerations that are specific to transfer students.
Why Do College Students Transfer Between Schools
Students transfer colleges for a variety of reasons and its more common than you might think. According to the National Center for Education Statistics, there were over 1.3 million transfer in students at some 3,420 schools in the U.S. as of 2019. One of the main motivators is to save money. The average cost of a public two year college, cites the NCES, was $9,400 vs $14,600 at a four year school.
As a result, many students start by enrolling in an associates degree program. This gets some of the general college coursework out of the way. The transferable credit hours then reduce the time and cost of a bachelors degree from a four year college. For others, the reasons may be less about finances and more about school fit or switching majors. Many students may also transfer due to life and academic challenges because of COVID.
Don’t Miss: How Many Years In College To Be A Architect
How Will My Credits Transfer
Not all schools accept courses and credits in the same way, so it’s important to consider how your prospective school addresses the following factors.
Colleges may accept transfer credits if they are direct equivalents. For instance, one school may accept an English 101 class from another school in lieu of its own English 101 class.
Conversely, another school might accept your composition class, but only as a general elective that counts toward the total credits you need to graduate. It’s often simpler to transfer credits from general, lower-level classes than it is for more specialized, upper-level courses.
It is usually much easier to transfer credits for basic courses, such as 100- and 200-level courses, than it is to transfer upper-level courses. For basic courses, direct course equivalency is more common.
Your new school might accept the credits for your upper-level courses but not count them toward your major, so you may have to retake them. If you have already completed several upper-level courses, check with prospective schools to see if they will accept them.
Another factor to consider is whether a school runs on a semester system or a quarter system. While it’s best to speak with a transfer counselor at the receiving school, you can estimate the value of transfer credits with the following formulas:
Be Ready To Declare A Major
You must make satisfactory academic progress toward the completion of your degree in order to remain eligible for state and federal financial aid. For more detailed information on this policy, visit CUNYs Satisfactory Academic Progress for Federal Financial Aid Programs page.
In addition, there are specific Federal and New York State aid requirements that you must know. For example, TAP requires students to have declared a major by the time they have 30 credits in associate degree programs and by 60 credits in bachelor degree programs. If you are transferring with a significant number of credits, be sure to declare a major as soon as possible.
IMPORTANT: When you transfer be sure to update your FAFSA with your new schools code or there may be problems receiving your aid.
CHECK THAT COURSES APPLY!As a CUNY student, use DegreeWorks and the Financial Aid Tracking System to ensure you are taking courses that apply to your degree. If you see a course you are registered for in Electives not allowed in DegreeWorks, it means that TAP wont pay for it, and you should check with your advisor whether you really need to be taking it.
UNDERSTAND YOUR FINANCIAL AID!Financial aid grants available to students are for a limited number of semesters. Choosing courses that will not transfer can result in you running out of financial aid before you finish your degree. This means planning is essential.
Don’t Miss: What Is An Undergraduate College
Ncaa Transfer Exceptions And Waivers
The transfer process has a complex mix of rules and regulations that determine when and where athletes can transfer and if and when they can receive a scholarship. If you are being told you will need to sit out, not be able to play right away or not get a scholarship right away, below are some of the exceptions and petitions you can file to get a more favorable outcome.
Hiram College Transfer Scholarship
Amount: Up to $16,000
Hiram College in Hiram, Ohio offers annual scholarship awards between $12,000 and $16,000. These awards may be renewable for up to three years. Preference will be given to students who demonstrate academic excellence. Students who are Phi Theta Kappa members might also be eligible to receive a special scholarship award. For more information, check out the scholarship website.
Need more help navigating scholarships?
Don’t Miss: How Fast Can You Graduate College
Everything You’ve Ever Wanted To Know About Scholarships
By Gen and Kelly Tanabe authors of The Ultimate Scholarship Book and winners of more than $100,000 in scholarships.
Can I apply for a scholarship if I don’t know what college I’m going to attend?
Yes. You can actually start applying for scholarships as early as your freshman year in high school. If you win a scholarship before you know which college you’ll attend, the scholarship organization will either write you a check if you promise to use the money for college or will give you the money when you decide where to go. Don’t wait until your college plans are finalized to apply for scholarships.
Should I have to pay a fee?
In most cases, no. Since scholarships are meant to support students who need funds to pay for college, they shouldn’t require those same students to shell out money. In most cases, scholarships that require a fee, especially a substantial one, are scams. Some organizations require fees of several hundred dollars and guarantee that you’ll win. The reality is that you may win, but your prize will be less than the amount that you paid. Still, there are a handful of scholarships that require a small handling fee, usually $5 or less. Unless you are certain that the organization is legitimate, however, you should not pay a fee.
If I didn’t win a scholarship, can I apply again next year?
Can I lose my scholarship once it’s been awarded?
Can I apply for scholarships while I’m a college student?
Can I transfer my scholarship if I go to another school?
How To Find Scholarships For Transfer Students
Below, weve found 25 great scholarships earmarked for transfer students.
But remember: You might be eligible for other kinds of scholarships too. Many scholarships are more like essay contests, that are open to all sorts of students. So remember not to search too narrowly.
In fact, thats why, in addition to consulting this list, we recommend using Going Merry or another top scholarship website! You create a free profile, and well match you with all the scholarships you qualify for.
How To Transfer A Bright Futures Scholarship To Another School
This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness. wikiHow’s Content Management Team carefully monitors the work from our editorial staff to ensure that each article is backed by trusted research and meets our high quality standards. This article has been viewed 11,105 times.Learn more…
If you’re a recipient of the Florida Bright Futures Scholarship and you would like to transfer to another college or university, don’t worry! You don’t need to sacrifice your hard-earned college funding in order to do it. As long as you select an eligible school and notify the Florida Department of Education before the applicable deadline, you’ll be able to keep your award when you make your move.
Important Policies & Guidelines Information
– Transfer student scholarships are awarded on a first-come, first-served basis to those transfers earning at least 24 hours after high school graduation. Awards are made based on the cumulative GPA at the time of admission to EKU.
– Scholarship recipients are required to enroll and complete a minimum of 12 hours per semester while maintaining a 3.0 EKU cumulative GPA.
– Students enrolled in a 100% online degree program are not eligible for transfer scholarships.
– Students who have already earned a baccalaureate degree are not eligible for transfer scholarships.
– Students need to apply for admission to EKU to be considered for a scholarship. For more information regarding admission, please visit www.admissions.eku.edu.
– EKU Admissions must receive your Application for Admission and copies of all Official Transcripts by these deadlines. Students must make transcript requests from previous institutions at least 2 weeks in advance of these deadlines.
– Qualified students will receive a scholarship award letter upon admittance to the University.
You May Like: Is Central Texas College Accredited
How Many Of My Credits Will Transfer
This is perhaps the most important cost factor for transfer students. The more credit the college will accept for courses you’ve already taken, particularly credit toward your prerequisite and major courses, the less time it will take you to graduate and the more money you will save.
Before you even choose a transfer college, make sure you’ve had the credits in your transcript assessed by a transfer counselor at that school. Find out if the college places a cap on the number of credits that students can transfer, or if it requires that transfer students earn a certain number of credits at the transfer college.
How Do I Appeal My Transfer Credits
Transfer credits may be denied outright or downgraded to general elective credits, even if the courses seem equivalent to those required at your new institution. If this happens, you are entitled to appeal. Institutions approach the credit transfer appeals process in varying ways, as demonstrated by this example from the State University of New York system.
Generally, these appeals processes require evidence of equivalency to overturn the admissions office’s first decision. You must provide, among other materials, the following items:
It’s important to stay organized and maintain your own records and materials, as this process can take some time to complete.
Also Check: Meningitis Vaccine Requirements For College
Dorming Sitch Is Not Ideal
Meaning, the campus you are attending doesnt have the best dorming situation. If you cant find a place to stay, especially if you are living far away from home, then one, dont attend the college. However, if you do happen to find a place and something does happen to the dorm or apartment you are staying in Examples being: problems with a roommate, building not up to code, stuff like that. Then you should transfer to another college.
Let us know what you think about making a transfer to another college?! Drop us a line!!
Featured Image Source: weheartit.com
Will My Credits Transfer
The primary academic concern for any student considering a transfer between schools should be “will my credits transfer?” The answer to this question is highly variable, so research is key. In general, transferring credits is simplest between public schools within the same state. These schools often maintain articulation agreements, which facilitate credit transfer and may even guarantee admission to students meeting specific requirements.
For example, the University of Wisconsin-Madison maintains transfer agreements with several in-state partner institutions. Additionally, the California State University System maintains a website to show students how credits earned at one state school can transfer to another.
Checking to see if the school you want to transfer to has an articulation agreement with your current school is a great first step in determining if your credits will transfer. Use online tools to search for transfer agreements.
Regardless of the relationship between schools, remember that the power to accept or reject transfer credits always lies with the credit-receiving institution. Be sure to look specifically at policies surrounding course equivalency, transfers between course levels, and transfers between quarter and semester systems.
You May Like: Applying To Multiple Colleges