402.3 Transfer of Financial Aid to Another Institution

Date Adopted: 8/26/1988
Date Revised: 1/24/2005
References: UMW Financial Aid Policies and Procedures Manual
Issuing Office: Administration and Finance
Approved By: Susan Briggs

1. Policy

   Financial aid awards, other than Pell Grants, are not transferable from one institution to another.

2. Purpose

   The purpose of this policy is to comply with Federal, State, and Institutional financial aid regulations.

3. Procedures

   Procedures for transfer of financial aid to another institution are contained in the Financial Aid Policies & Procedures Manual, located in the UMW Financial Aid Office.

4. Authority

   Federal regulations based on the Higher Education Act of 1965, Reauthorization in 2008, cited in Section 12 of the UMW Financial Aid Policy & Procedures Manual.

5. Responsibility

   Vice Chancellor for Administration and Finance, Director of Financial Aid