Financial Aid Implications

When a student officially withdraws prior to completing more than 60% of the semester, Federal regulations require the Office of Financial Aid to apply a formula established by the U.S. Department of Education to determine the amount of Federal financial aid that has been earned by the student. The amount of Federal financial aid returned to federal aid programs is determined by the amount of time the student spent in academic attendance, but has no relationship to the institutional charges incurred by the student.  Institutional aid will also be reduced following the same calculation to determine percentage earned.

For students that unofficially withdraw and/or finish a semester with all F’s or a combination of all F’s and W’s, a last date of academic related activity will be determined by the Registrar’s Office and a calculation of the percentage of earned aid will be based on this date.