{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/8e253e65ac52465aa994c9e64669b5bc\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/8e253e65ac52465aa994c9e64669b5bc-full-1676503802825.jpg","duration":397.061,"title":"Why did my Financial Aid Change?? - Undergrad","description":"This Loom explains why financial aid may change and details upcoming OB-3 loan proration rules starting in fall 2026. Dave Frey says awards are reevaluated after tuition posts based on current credit hours and session enrollment, and dropping or adding classes can adjust aid, with the maximum when enrolled in 12 credits (or sessions A and B or session C). He also covers that beginning July 1, 2026, direct loan amounts will be prorated for enrollment below full time, with under 12 credits per semester for undergraduates and under 9 for graduate students. Students with loans will no longer receive maximum annual amounts if enrolled below those thresholds, affecting about over 70% of online students, and he provides examples of reduced loan amounts at 6 credits for an undergraduate third-year independent and at 7, 8, and 9 credits for a graduate student."}