Office of Student Financial Aid

Applying for Aid and Eligibility

How to Apply for Financial Aid

University of Toledo’s Student Financial Aid Office awarded more than $247 million in financial aid to more than 16,000 students in 2016-2017. The financial aid staff is committed to providing high-quality service to all students and attempts to explore all possible financial aid resources with students.

Applying for financial aid is a simple process:

  1. Apply for admission to University of Toledo.
  2. Submit the Free Application for Federal Student Aid (FAFSA) and list The University of Toledo as a recipient of your FAFSA information. The Federal School Code for The University of Toledo is 003131.

2017-18 Free Application for Federal Student Aid (FAFSA)

Students, spouses and parents will be expected to use 2015 Federal Tax Information on the FAFSA.  The IRS Data Retrieval (DRT) process will not be available until the 2018-2019 FAFSA (October 1, 2018).

Standard Verification Documents (if selected for verification) 

View the Understanding Your Award Notification for additional information regarding the verification process.

  • Verification Worksheet
  • A signed copy of 2015 income tax returns, an official Tax Return Transcript, or non-filer certification. 

Maintaining Eligibility

Must be in an eligible degree seeking program

Maintain required enrollment (Withdrawals and Return of Title IV Funds)

Show academic progress

Eligible Degree Programs 

It’s OK to be undecided about your specific major, but federal guidelines require that students be enrolled in programs leading to a recognized academic degree or certificate to receive aid.

Examples of degree-seeking programs include: Associate, Bachelor, Masters, Specialist and Doctorate degrees, as well as Teacher's Certification.

Transient Students

Students who are pursuing degrees from another institution but are studying at UT for just a term or two cannot be considered degree-seeking students through our office. In this case such students' best bet for receiving aid would be to contact the aid office at their "home" school, or the school they plan on transferring back to once they are finished at UT.

Provisional or Special Student Admission Status

To be eligible for federal financial aid, you must be admitted in a degree-seeking program.  If you have been admitted under “provisional” or “special student” status, you will not be eligible for federal financial aid funds. 

Post Secondary/College Credit Plus (CCP) Status  

Students participating in the Ohio College Credit Plus program are not eligible for any type of financial aid. 

Enrollment Status

Enroll and attend at least half-time for loan disbursement and full-time for full grant disbursement.

You may not receive financial aid from two or more institutions at the same time or periods of overlapping terms.  If you are enrolled at the University of Toledo and another school, you may be eligible to set up a consortium agreement between the schools.  Click here to see if you may be eligible.

For graduate/professional students, if you intend to enroll in undergraduate or mixed level courses, it could affect your eligibility for federal financial aid.  As a graduate student, you must be enrolled and attend at least half-time graduate level credit hours each semester to be eligible for federal loans.

Please read the Understanding Your Award Notification for additional information on how enrollment changes affect your financial aid and the Return of Title IV Calculation that is required if you withdraw completely before earning 100% of your federal financial aid.

Return of Title IV Funds 

When a student withdraws, either officially or unofficially, on or before completing 60 percent of the term, and has received federal Title IV funds in the form of a Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (SEOG), Teacher education Assistance for College and Higher Education Grant (TEACH), Iraq Afghanistan Service Grant, Federal Perkins Loan, Federal Direct Loan, or a Federal PLUS Loan, the federal government requires that the University of Toledo review the student’s eligibility for those funds. Students earn their Title IV aid by attendance so if a student ceases attendance the financial aid office will apply a federally mandated formula to determine how much of the federal funding was earned up to the time of withdrawal. This review and recalculation is called Return of Title IV Funds (R2T4).

The Title IV funds that were disbursed in excess of the earned amount must be returned to the federal government by the university and/or the student. If the student received a refund from financial aid, which was to be used for education-related personal expenses or non-university housing expenses, the student may be required to return a portion of those funds to the university. This portion represents funds that were intended to pay education-related expenses through the end of the term. The amount to be returned to the university will be determined by the student’s institutional costs, student refunds received for non-university expenses and the funds that must be returned to the government.

The Title IV funds that were disbursed in excess of the earned amount must be returned to the federal government within 45 days by the university and/or the student.

The order in which funds will be returned are:

1) Unsubsidized Direct Student Loans

2) Subsidized Direct Student Loans

3) Federal Perkins Loan

4) PLUS loans

5) Federal PELL Grant

6) Federal Supplemental Educational Opportunity Grant (SEOG)

7) Teacher education Assistance for College and Higher Education Grant (TEACH)

8) Iraq Afghanistan Service Grant

A student may be eligible for a post-withdrawal disbursement if, prior to withdrawing, the student earned more federal financial aid than was disbursed. If a student is eligible for a post-withdrawal disbursement for Title IV funds, it will be processed for the student and a refund will be issued within 14 days of the credit balance.

If the post-withdrawal disbursement (PWD) includes loan funds, University of Toledo must get the student’s permission before it can disburse the loan. Students may choose to decline some or all of the loan funds so as not to incur additional debt. A notification will be sent out to the student if they are eligible for a PWD that includes loan funds. The student must return the signed, original document to the School within 14 days.

University of Toledo may automatically use all or a portion of the PWD of grant funds for tuition and fees. However, the school needs the student’s permission to use the PWD of grant funds for all other school charges if the student has not submitted a Federal Title IV authorization . If the student does not give his/her permission, the student will be refunded the funds. However, it may be in the student’s best interest to allow the school to keep the funds to reduce the student’s debt at the school.

It is also important to understand that accepting a PWD of student loan funds will increase a student’s overall student loan debt that must be repaid under the terms of the Master Promissory Note. Additionally, accepting the disbursement of grant funds will reduce the remaining amount of grant funds available to the student in future terms.

The amount to be returned to the federal government will be calculated from the date the student officially withdrew from classes or, in the case of an unofficial withdrawal, the last date the student was involved in an academically related activity. An unofficial withdrawal is when a student stops attending classes, but does not withdraw from those classes or notify the university.


Drug Convictions and Federal Aid Eligibility

According to federal regulations, students convicted for a drug offense that occurred during a period of enrollment while they were receiving Title IV Federal Financial Aid, may lose eligibility for Federal Aid.  Please visit, for additional information.
To learn how drug-related convictions affect your aid eligibility, how to find treatment programs and other general information, click here.

Academic Progress

The Office of Student Financial Aid wants to see you earn your degree as quickly as possible. There are minimum financial aid academic standards students must meet in order to continue receiving federal and state financial aid. Should you find that you aren’t meeting these standards (listed on the SAP Test and Fact Sheet below), you may have the option of appealing one time and then, if approved, meeting SAP criteria each term until you’re back in compliance. 

Continuing students must meet and maintain the following objectives to maintain financial aid eligibility. 

Please see "SAP Policy" for additional information.

Please see "SAP Test and Fact Sheet" for eligibility requirements.


Last Updated: 2/22/18