As long as you continue to qualify for financial aid, there are two qualifying factors for how long you can receive most types of financial aid – time and units taken.
TIME: Most financial aid eligibility is based on students completing specific educational goals within a specific amount of time. Whether you are able to attend college full- or part-time, you are still only allotted 12 semesters (the equivalent of six years) to complete your educational goal(s).
If you need to retake a class, or if you decide to change your educational goal(s), you do not get to extend the time you are allotted.
This also includes receiving financial aid while getting your bachelor’s degree. You still need to complete your degree within the 12-semester limit to receive financial aid at a four-year university or college.
UNITS TAKEN: There is a 150 Percent Rule where your financial aid will be terminated as soon as you reach taking 150 percent of the number of credits or units needed to complete your declared degree.
For example, if your declared degree requires you to complete 60 units to graduate, you can take up to 89 units before your financial aid ends. This allows you to retake classes or switch majors, if you choose. This limitation applies to all students.
Keep in mind, this limitation also includes transferring to a four-year college or university to get a bachelor’s degree. These limits will extend to 150 percent of your bachelor degree required units.
For example, if your degree requires 120 units to graduate, you can take up to 179 before your financial aid ends.
But remember, the maximum time allowed to receive your financial aid is still 12 semesters which will include the semesters you took at community college.