There are several reasons why a student’s financial aid may change during their enrollment. Follow the steps on the Finalize Your Financial Aid page to stay informed about any potential changes before the start of the semester.

If a student's financial aid changes, the student will receive an email notification. Every effort will be made to adjust a student's aid prior to the disbursement of funds. In some cases, the federal or state funds that exceed financial need may have to be returned. This could result in the student owing a balance. Miami reserves the right to review and revise a financial aid offer due to the following circumstances:

• Changes in available funding
• FAFSA adjustments or changes resulting from federal verification
• Living arrangement changes
• Enrollment changes (add/drop classes)
• Residency changes
• Campus changes 
• Changes in student eligibility for an award(s)
• Change of major 
• Additional sources of financial aid
• Not maintaining Satisfactory Academic Progress (SAP)
• Changes to correct errors
• Change in financial situation