Hours Attending and Payment of Aid
Hours Attending and Payment of Aid
It is important to note:
Federal Pell Grant (information below applies to all semesters)
| Full Time | 12 or more hours | 100% |
| Three-Quarter Time | 9 thru 11 hours | 75% |
| Half-Time | 6 thru 8 hours | 50% |
| Less than Half-Time | 1 thru 5 hours | +/-25% |
How do I estimate my Federal Pell Grant amount for the term?
- Find amount shown for Federal Pell Grant in Financial Aid by Term from your MYOTC account in Access OTC.
Example:
- Federal Pell Grant amount for term is $2775
- Enrolled and attending 6 hours, pell award is $1338
Federal Stafford Student Loan
For fall or spring semester, at least 6 hours is required for student loan. For summer, at least 3 hours is required for student loan. Not meeting this criteria could result in a loss of your Federal Direct Student Loan.
2nd Eight-Week Block: If you enroll in eight-week block courses, you may not receive a portion of your award until you are attending those classes. Any questions regarding eight-week block courses may be directed to the Financial Aid office