{"id":6754,"date":"2019-10-14T16:01:30","date_gmt":"2019-10-14T20:01:30","guid":{"rendered":"https:\/\/www.ucf.edu\/financial-aid\/?page_id=6754"},"modified":"2020-02-25T13:41:26","modified_gmt":"2020-02-25T18:41:26","slug":"accept-decline-reduce-awards","status":"publish","type":"page","link":"https:\/\/www.ucf.edu\/financial-aid\/receive\/accept-decline-reduce-awards\/","title":{"rendered":"Accept, Decline or Reduce Awards"},"content":{"rendered":"<p class=\"lead mb-4\">Only Federal Loan or Federal Work Study offered awards can be accepted, reduced and\/or declined on your myUCF account. Grants and scholarships require no acceptance.<\/p>\n<div class=\"embed oembed oembed-video d-flex flex-column align-items-center\">\n<div class=\"embed-responsive embed-responsive-16by9\"><noscript><iframe title=\"UCF Financial Aid - Accept, Decline or Reduce Loans\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/hKvqXyEq-sc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/noscript><iframe title=\"UCF Financial Aid - Accept, Decline or Reduce Loans\" width=\"500\" height=\"281\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen data-src=\"https:\/\/www.youtube.com\/embed\/hKvqXyEq-sc?feature=oembed\" class=\" lazyload\"><\/iframe><\/div>\n<\/div>\n<h2 class=\"mt-4 mt-sm-5\">Step-by-Step Guide to Accept, Decline or Reduce Loans<\/h2>\n<ol>\n<li>Go to your <a href=\"https:\/\/my.ucf.edu\/\" target=\"_blank\" rel=\"noopener\">myUCF portal<\/a>.<\/li>\n<li>Log in using your assigned NID and password.<\/li>\n<li>Click on <strong>Student Self Service<\/strong>.<\/li>\n<li>Go to <strong>Finances<\/strong> section, under Financial Aid and click <strong>Accept\/Decline Awards<\/strong>.<\/li>\n<li>Click on the appropriate financial aid year you wish to view.<\/li>\n<li>Read and follow the instructions carefully to avoid any processing delay.<\/li>\n<\/ol>\n<p>Only offered loans can be accepted or declined. All other awards will automatically be accepted. Click on either accept or decline boxes for each award. Students must accept the offered subsidized loans before accepting the unsubsidized loans.<\/p>\n<h3 class=\"h4 mt-4 mt-sm-5\">Steps to Reduce (Accept Partial) Loans<\/h3>\n<p>To accept only a partial amount for each semester:<\/p>\n<ol>\n<li>Click the Accept Box to have access to reduce the loan amount<\/li>\n<li>Delete the amount in the box under the &#8220;Accepted Column&#8221; and enter the reduced amount you wish to receive.<br>\n\t\t\t<div class=\"alert alert-info\">\n\t\t\t\t\n<p class=\"mb-0\"><strong>NOTE:<\/strong> The minimum amount for acceptance is $200.00. (Reducing the subsidized loan may also cancel out the unsubsidized loan)<\/p>\n\t\t\t<\/div>\n\t\t\n<\/li>\n<li>Click the submit button.<\/li>\n<\/ol>\n<h3 class=\"h4 mt-4 mt-sm-5\">Steps to Decline an Award<\/h3>\n<p>To decline an award:<\/p>\n<ol>\n<li>To decline an award, click the box under the decline option. <strong>DO NOT enter a $0 for the accepted amount<\/strong>.<\/li>\n<li>Click Yes on the Submit confirmation screen.<\/li>\n<li>Click OK on the Submit confirmation screen.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"Only Federal Loan or Federal Work Study offered awards can be accepted, reduced and\/or declined on your myUCF account. Grants and scholarships require no acceptance. Step-by-Step Guide to Accept, Decline or Reduce Loans Go to your myUCF portal. Log in using your assigned NID and password. Click on Student Self Service. Go to Finances section,&hellip;","protected":false},"author":4,"featured_media":0,"parent":5687,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-6754","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Accept, Decline or Reduce Awards | UCF Office of Student Financial Assistance<\/title>\n<meta name=\"description\" content=\"Only Federal Loan or Federal Work Study offered awards can be accepted, reduced and\/or declined on your myUCF account. 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