Disclosure: I've already contacted the office of student aid, but was told to wait until the review was finished. I'm seeking advice or opinions of others who went through the same process.
I'm currently a senior at Penn State. I withdrew from fall 2018 semester due to mental health issues and family complications at the end of the term in hopes of saving my gpa. When you withdraw from a semester your future aid can be affected and must be adjusted. I re-enrolled for the spring 2019 and was approved for my major and accepted back into my college.
I'm currently on academic warning due to my cumulative gpa, so I'm required to have my academic records reviewed. I received the adjusted financial aid award letter Monday. I contacted the financial aid office regarding my disbursements and they stated
"Your account is under review for academic warning. When the review is complete, you will receive an email with information. The financial aid has been reinstated to you at this time."
So far, they have only disbursed the Federal Supplemental Educational Opportunity Grant (FSEOG) into my account. The other aid (pell/direct sub/parent plus loan) was adjusted and accepted, but still hasn't been disbursed. I believe the disbursement is on hold due to the review, but why did they disburse some of the aid?
My question: Am I still eligible for the parent plus loan? Does it take longer than the fseog to disburse into the account? Is my financial aid suspended? If so, why would I receive an award letter and have only one aid disbursed?
Any insight or advice is greatly appreciated! Thank you for your time.