Withdrawing from all courses is considered withdrawing from the University. If you withdraw before classes begin please refer to the Student Accounts Withdrawal and Refund Policy. If you withdraw before 60% of the semester is complete (approximately 8-9 weeks into the semester), your financial aid award will be recalculated, according to the percentage of the semester you completed. The formula for calculating this percentage is:|
(Days enrolled) – (Official breaks of five days or longer)
Total number of class days in the semester
Returning Aid
If you have been awarded Title IV (federal) or state aid and you withdraw before completing 60% of the semester, some portion of your financial aid award must be returned. The above formula determines what portion of the aid must be returned and the table below indicates the order in which the aid is returned.
Refunds to Federal Title IV programs are made in this order:
- Federal UnsubsidizedStaffordLoan
- Federal SubsidizedStaffordLoan
- Federal Perkins Loan
- Federal Graduate PLUS Loan
- Federal PLUS Loan
- Federal Pell Grant
- Academic Competitiveness Grant
- National Smart Grant
- Federal Supplemental EducationalOpportunityGrant
- Other federal sources of aid
- Other state, private or institutional aid
- The student
Refund examples are available in the Student Financial Assistance Office. It is important to discuss withdrawal and refund as it pertains to the individual student, and its implications for federal student loan repayment and future eligibility for financial assistance.
If you wish to discuss your specific concerns further or have special circumstances that need to be addressed, contact our office at 371-7980.