I am thinking about withdrawing. How will that affect my financial aid?
In order for a student to be making progress toward graduation, they must complete up to 67% of the courses attempted. In addition to students meeting the completion rate requirement, any student whose cumulative grade point average falls below 2.0 will be placed on financial aid probation or may become ineligible to receive financial aid. The Financial Aid Office monitors students' academic progress and students will be evaluated at the end of each semester, UNLESS the student experiences academic problems such as Academic Probation, Academic Exclusion, withdrawal from all courses, and so on. All financial aid will be cancelled once it is determined that the student is not meeting the standards of satisfactory academic progress (SAP).

Attempted Credit hours

*Cumulative GPA =CGPA

How is my financial aid affected when I withdraw or stop attending classes?
The Title IV Financial Aid you receive from the federal government is for your use while you are a student. Federal law states that if you stop being a student for any reason before completing 60% of the semester, the government requires the “unearned” portion of that money be repaid immediately

The amount that you have to pay back is based on the timing of your withdrawal. The longer that you are enrolled as a student, the more money you are entitled to keep. Depending upon when the withdrawal takes place, the amount of money you have to repay could be significant.

If you unofficially withdraw (stop attending classes without completing a withdrawal form), you will also be subject to have to repay funds. The amount of aid to be returned will be based on your last documented day of attendance at one of your scheduled classes.

Withdrawal Process

• Withdrawal must occur before the published deadline for withdrawals listed in the Academic Calendar.
• Student will withdraw him/herself from a course(s) by going into their Banner Student account and following the electronic process.
• During the process the student should read all the information presented. Important academic and financial information that pertains to withdrawal is given throughout the process.
• If a student has any questions regarding withdrawals, they may contact the Office of Enrollment Services.

How do withdrawals affect Students' Academic Progress?
A withdrawal is considered as an attempt. All attempts are counted when determining a student's academic progress.
PLEASE BE ADVISED: Students who have term hours DROPPED, is still responsible for any debit balance resulting from dropped hours and financial aid refund received. It is the student's responsibility to be familiar with SAP and monitor his or her own progress each semester to protect financial aid eligibility.
****(A DROP is not the same as a WITHDRAWAL. A Drop removes courses from the student's records.)****

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brcc_r2t4 policy.doc		44 Kb