Aggregate lifetime subsidized limit

kelsmom
Thu, 05 Sep 2013 22:51:58 +0000

I am guessing that this is what happened: Your ISIR (the report the school receives with your FAFSA info) had a flag indicating that you exceeded your agg sub limit. The computer system read the flag when your ISIR was imported, and a notification popped up to let you know. A hold was probably automatically placed on your financial aid account as a result. The aid office most likely has a clean-up process in which every so often, someone is given a spreadsheet of students whose accounts need to be reviewed. An aid officer will eventually look at your loan information in NSLDS and will see that your sub loans have all been consolidated. He/she will make a note in your file to indicate that your overaward was resolved through consolidation, and the hold will be removed. It’s always good to check in with the aid office to make sure it is being handled.