You should speak to a financial aid counselor before dropping any classes, because this could affect your current and future financial aid eligibility.
Aid Adjustments
Adjustments to your financial aid award may be required if you:
- Withdraw or drop from all of your classes
- Change your credits of enrollment
- Change your program of study
- Receive additional funds from outside sources
- Change residency status
- Enroll in courses not required for your academic program
- Were awarded aid by another school during the same aid year
A student who had not adequately attended classes or has withdrawn from all classes may be required to repay part or all of the financial aid received. Withdrawing from classes can affect future financial aid eligibility and students are encouraged to meet with a financial aid counselor prior to dropping classes.
Awards are based initially on full-time enrollment for the academic year. Adjustments will be made during the semester to reflect actual enrollment. If these changes result in a decrease in aid and a refund has already been posted, you will be responsible for the account balance. Please review our Return of Title IV policy.
Withdrawal Policy
Loan Repayment
In order to defer payment on student loans, a student must be enrolled at least half time. Once a student falls below this level, the grace period, if any, begins or repayment begins. Please check with your lender and/or the Office of Financial Aid regarding conditions of deferment.
Refunds
Depending on when a student withdraws, a tuition refund may be available. Any such refund must be used to repay the student's awards, in the following order: Unsubsidized Federal Stafford Loan, Subsidized Federal Stafford Loan, Federal Perkins Loan, Federal PLUS Loan, Federal Pell Grant, Federal SEOG, other Title IV aid. The student is responsible for paying any outstanding charges not covered by financial aid or other resources.