FINANCIAL AID APPLICANTS CLASSIFIED AS “POST-BACCALAUREATE UNCLASSIFIED” (PBU)
Students classified as a PBU are not officially admitted into a degree or credential program. Federal regulations allow students to receive one year of loan assistance to complete preparatory coursework required for admission into a program. This is the one exception to the federal requirement that students be enrolled in a degree or credential program to receive financial aid.
A PBU student may receive a federal loan for one consecutive 12 month period if this is the first time a loan is processed while the student is classified as a PBU.
A PBU student may not qualify for the full loan eligibility:
- If a loan was previously borrowed while the student was classified as a PBU (for example, during the preceding spring semester), loan eligibility is limited to one additional semester.*
- If a loan was previously borrowed for the full year while the student was classified as a PBU, no additional awards can be offered until the student is admitted into an eligible degree or credential program.
Eligible PBU students may recieve up to $5500 in subsidized/unsubsidized Stafford loan, if they meet the definition of a dependent student; and $7000 additional unsubsidized Stafford loan, if they meet the definition of an independent student.
Once a student is officially admitted* into an eligible degree or credential program, other grant and loan assistance may be awarded based upon the new program of study.
* Students admitted into a degree or credential program mid-year (i.e., classified as a PBU for fall /admitted to a program for spring), should contact our office for re-evaluation of aid eligibility.
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