Federal Aid, Terms and Conditions

Students receiving Federal Aid are required to read, understand and agree to the following "Terms and Conditions" of the awards:

  • All students must fill out a FAFSA in order to receive federal aid. The FAFSA is a Free Application for Federal Student Aid which can be found at  The FAFSA determines financial need for the Federal Student Aid programs. 
  • Students may use funds listed on their award notice only for educational-related expenses incurred at BYU-Hawaii for the respective academic year.
  • The University applies financial aid awards directly to charges on the student’s account (including tuition, fees, housing, and other charges). Funds in excess of these charges are released to the student. This is called a "refund". If subsequent charges are made to the student’s university account, it is the student’s responsibility to pay them. See Dates & Deadlines/Disbursement.
  • Financial aid awarded for a specific term can only pay for charges for that term and the aid can only be disbursed to the student’s account during that same term.
  • Students must be enrolled in a regular degree-seeking program at BYU-Hawaii in order to receive financial aid awards at BYU-Hawaii.
  • Students must maintain an enrollment status throughout the semester or they could lose all or part of the award (Full Pell Grant- 12.0 credits, Stafford Loans- 6.0 or more credits). Summer is not an official term as it is only meant for internship enrollment, therefore no federal aid is available.
  • Students are responsible for repaying any financial assistance received which cannot reasonably be attributed to meeting educational expenses at BYU-Hawaii.
  • The repayment of Federal Aid is based on federal regulations published by the U.S. Department of Education.
  • Students must immediately inform the BYU-Hawaii Financial Aid office of any additional funds received that are not listed on the award notice (external scholarships, External Loans, Kamehameha Schools scholarships, Veteran’s benefits, etc).
  • In order to retain federal aid awards students must exhibit Satisfactory Academic Progress and be enrolled in more than 50% on-campus credit hours.
  • Each year students must re-submit a FAFSA and other documents to be considered for Federal Aid. Awards will be recalculated according to the new information submitted each year.
  • Students may be required to repay all or a portion of their financial aid received if their enrollment status changes during the semester.

Loan Counseling

Students who have been offered Stafford Loans are required to complete loan entrance counseling before they are certified for the loan. This insures that they understand the responsibilities and obligations that accompany loans. Topics include interest rates, debt management, deferments, repayment rates, loan balances, and obligations regarding payment. This will enable them to determine if federal aid is the right path for them to take in paying for their education.

If a student decides to accept a Stafford Loan, he will be required to complete an exit counseling session before graduation to remind him of his financial responsibilities. University privileges are suspended if exit counseling is not completed.

Repaying Loans

Because students must repay student loans and interest, they should not borrow more money than they need to finance their education. They need to know the interest rate for their loans and when the interest begins to accrue. Students may log on to to review their Stafford Loan history and lender contact information.  If a student chooses to prepay their loans early, they would need to contact their lenders directly.

Use this Loan Repayment Calculator