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Withdrawing From Courses and Financial Aid

Withdrawing From Courses and Financial Aid

Summary

How withdrawing from a class will affect financial aid

Overview

If you're receiving financial aid, you may want to contact the Financial Aid Office before you withdraw from a course to determine what effect withdrawing from the course will have on your financial aid eligibility in the future. A withdrawal will affect your overall completion rate, which is a factor in determining your Satisfactory Academic Progress for financial aid. If you have completed 1–29 credits, your cumulative completion rate must be at least 50%. If you have completed 30 or more credits, your cumulative completion rate must be at least 67%.

In some cases, you may have to repay financial aid if you withdraw from your classes. For more information about repaying financial aid funds, visit the Financial Aid Office in the K. Ray Bailey Student Services Building. Keep in mind the Financial Aid Office will not be able to determine how much financial aid money you'll need to repay, or if you'll need to repay financial aid funds, until after the semester has finished and federal calculations are performed.  

How to Withdraw

Instructions for how to withdraw from classes are available in a separate article.

 

Key Words: withdraw, withdrawals, withdrawal form, drop, financial aid, repay, completion rate, SAP, Satisfactory Academic Progress 
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