Special COVID-19 Updates

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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.

Spring 2020 course withdrawals that have an excused withdrawal code of “COVID-19” will be excluded from future SAP calculation and will not impact future aid. Those courses withdrawn due to COVID-19 will also be excluded from having to pay back unearned aid. However, these conditions do not apply to withdrawals that occurred prior to COVID-19 or withdrawals not related to COVID- 19.