… direct loans. Under this program: The federal government will pay the interest on behalf of qualified borrowers for as long as the borrower is enrolled at least half-time in a degree-seeking program. Fees may be charged by the U.S. Department … for a third consecutive semester (or equivalent) the student must check with the financial aid office to update their plan in order to receive their remaining Chafee Grant funds. A student who fails to update their plan or who fails to meet SAP for a fourth semester (or equivalent) loses eligibility for subsequent awards but may appeal to …