It depends. State Grant programs (Commonwealth and VGAP) require that an undergraduate student have a 2.0 GPA to award. If an undergraduate student’s GPA is below 2.0 now (based on previous terms), or if this is the student’s first semester and they select all alternate grades, they would not qualify for state grants if the GPA stays or is below 2.0.
If they were above 2.0 at the end of the previous term and select all alternate grades, their GPA would carry over so they would still qualify.
Please consult the Office of Financial Aid if you have specific questions about your aid or aid eligibility.