Revision and Cancellation of Aid

The University reserves the right to review, revise or terminate financial aid awards at any time due to changes in the student’s financial and/or academic status; failure to comply with federal/state laws and regulations, including financial verification/audit procedures; or university policies, including those expressed in these provisions, The Student Handbook or The Financial Aid Policies and Procedures Manual. In addition, financial aid awards are subject to revision should the annual allocation of funds to the University from the federal government or the State of Texas be reduced below anticipated funding levels or should limitations be placed on funds intended for student financial aid purposes.