… - Overpayment (UC) … Overpayment … 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 additional resources beyond the COA such as stipends, and or scholarships …