Overpayments or Overawards

What is an overpayment/overaward?

An overpayment or overaward occurs when a student receives more than the amount for which he or she was eligible under the Federal Pell Grant, FSEOG, Federal Work study, Federal Perkins and Federal Direct Loan programs.

  • A student will be notified by letter when such a discrepancy is discovered.
  • Bethune-Cookman University will collect the overpayment or overaward from the student via our billing/collection method.
  • The overpayment or overaward will be reported to the National Student Loan Data System (NSLDS) until it is resolved.