How will dropping courses prior to the end of the Drop/Add period affect my financial aid?
Whether or not to drop a course is an academic issue; however, it is a student’s responsibility to understand the financial implications of this decision. Students should familiarize themselves with the Academic Calendar prior to any schedule adjustments.
- Financial aid award(s) may be adjusted if a student’s award(s) requires full-time or half-time enrollment and their hours drop below the minimum required.
- If a student is a Federal Pell Grant recipient, the grant may be adjusted; for example, if you drop from 12 to 9 hours, your grant may be prorated.
- If a student has a loan(s) that requires a minimum number of hours, and the loan has not disbursed, the student may become ineligible for the loan. Loan amount eligibility is determined at the time of disbursement.