Most students at Knox enroll full-time for the full year. Almost all financial assistance is awarded proportionately by term. If a student fails to enroll for any term, his/her aid for that term is cancelled.
Full-time enrollment is 2.5 to 3.5 credits per term. The Office of Financial Aid reviews enrollment status for aid recipients as of the College's census date, which is the end of the second week of each term. Financial aid awards are not adjusted as long as the student is enrolled full-time at the end of the second week of the term.
If a student enrolls for fewer than 2.5 credits, his/her aid will be adjusted accordingly. Generally, students should not expect reduced costs for less than full-time enrollment. For some students who receive substantial financial aid, it may actually cost more to take 2.0 credits than it does to be enrolled full-time. Students must be enrolled at least half-time (1.5 credits) to qualify to receive federal loans, as well as to defer repayment on federal loans.