Withdrawals & Return of Funds

Title IV financial aid funds are awarded with the assumption that the student will attend school for the entire term for which the aid was awarded. Therefore, if a student withdraws or ceases attendance, they may no longer be eligible for the full amount of Title IV funds originally scheduled to receive or may be eligible for a post withdrawal disbursement. For example, a student who withdraws in the second week of the semester has earned less of their financial aid than a student who withdraws in the fifth week.

It is important that all aid recipients understand the potential financial impact of withdrawing from classes.

Course withdrawals with an excused withdrawal code of “COVID-19” will be excluded from future SAP calculation and will not impact future aid. If a student is a COMPLETE withdrawal due to COVID-19, a student grant overpayment resulting from a R2T4 calculation, will be waived. However, these conditions do not apply to withdrawals that occurred prior to COVID-19 or withdrawals not related to COVID- 19.