Will Withdrawing/droping a class effect my financial aid???

Question

If i'm currently doing 12 credits, to make me a full time student, and then withdrwaing from a class that would make me become a 8 credit student. will this effect my financial aid or anything? obviously other than wasting the money i allready spent on the class cause its too late to get a refund

i just figure i'd ask before i do it, that way it doesnt come back to bite me in the ***

Answer 1

The CORRECT answer is......... it depends. It depends on your overall GPA and the number of hours you have already completed. If this has been a pattern semester after semester, this could be bad. If you are failing the class and this is not your typical pattern you should be fine. Ask the financial office to be sure. You usually have to complete at least 75% of the classes you registered for AND have a 2.0 GPA. This is a typical standard, though not the rule. Again, ask your school for their details. Also, you are way past the time line to pay back under the return of title IV rule.

Answer 2

It usually will effect your financial aid. You must generally keep above a certain grade point average while still keeping as a full-time student (generally at least 12 hours). You may talk to your financial aid office to verify, but if I were you I'd keep in the class.

Answer 3

Probably. Most schools require you to take a certain number of credit hours every semester (usually 12) to keep certain kinds of financial aid. It would be best to go directly to your financial aid office and ask.

Answer 4

Yes, this will effect your financial aid. You may be asked to pay it back if it is a grant. Or, you may get a refund if it is a loan. You need to contact your fiancial aid dept and ask them.

Answer 5

if you drop you have to pay it back,, because the money they give depends on how many units you take,,