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… Financial Aid - Overpayment (UC) Financial aid eligibility is determined based on information from your FAFSA/Dream Act application, and your academic enrollment progress. There are four components: Cost of Attendance (COA), Student Aid Index … your financial aid eligibility.  This may result in an overaward and/or overpayment situation. Overpayment are funds that you had received but did not earn. There are several situations that may cause an overpayment, if you: Received … in enrollment status: you drop some courses after receiving a disbursement. You receive financial aid funds from more than one campus for the same period of enrollment. Drop all of your courses at any time during the term.  The Department of …