Schedule of Reductions
The next disbursement, checked against the new limit before it goes out.
2 of 3 cases need attention
Choose a case and continue from its current handoff.
Reduction needed
Enrollment dropped from 24 to 18 expected credits
Sample case status
The revised annual maximum is $4,125. The student has already received $3,500, leaving $625 for the remaining term.
Review the $625 remaining amount and prepare the future reduction.
Enrollment timeline loaded
Jordan's expected load changed from 24 to 18 credits for the loan period.
New maximum calculated
Eli applied the 75% enrollment proportion and produced a $4,125 annual maximum.
Review the $625 reduction
Review the $625 remaining amount and prepare the future reduction.
Post and reconcile the reduction
Post the authorized $625 future schedule, preserve the $3,500 already disbursed, and reconcile the result.
Jordan Ellis, run by the same code the platform uses. The order matters: every other loan rule first, this one last, prior disbursements netted out at the end.
Full time here: Full time is 12 credits a term for this undergraduate program, so 24 for the year. A graduate program would carry its own figure.
34 CFR 685.203(m)
| In scope for this ruleStudent Direct Loan on a scheduled term calendar. | Yes |
|---|---|
| Credits counted for the academic yearFall 2026 12, Spring 2027 6. Full time is 12 credits a term for this undergraduate program, so 24 for the year. A graduate program would carry its own figure. | 18 of 24 |
| Enrollment intensityRounded to the nearest whole percentage point, as the rule requires | 75% |
| Annual eligibility before this ruleDetermined by the school after cost of attendance, other aid, need, loan limits, grade level, and dependency. This rule applies last, to that number. | $5,500 |
| Revised annual eligibility$5,500 at 75% | $4,125 |
| Already validly disbursedFall 2026. Correct when it was made, and not reversed because enrollment later changed. | $3,500 |
| Remaining eligibilityWhat is left for every future disbursement in the year | $625 |
Recommended action
Reduce the future disbursement
Restate the scheduled disbursement to the remaining eligibility.
The office approves it. Nothing posts on its own.
What goes to COD
Each 2026-27 disbursement carries its own enrollment intensity, which is the intensity of that period and not the annual percentage. COD checks that the amounts total the award. It does not check whether the reduction was right.
The workflow
Run the office's enrollment timeline and loan history against three known cases.