Policy for Return of Federal Funds

Financial aid recipients who withdraw or drop courses during a term should consult with the Financial Aid Office to discuss how changes to enrollment may impact your financial aid eligbility.

Federal policy dictates that the Financial Aid Office is required to recalculate federal financial aid* eligibility for students who withdraw, drop out, or are dismissed prior to completing 60 percent of the semester. This review is to determine the amount of unearned funds that must be returned to the federal government. Faculty award the grade of “NF” (no-show, failure) to any student who has not officially withdrawn yet has stopped participating at that point in the semester. The “NF” grade is equivalent to an “F.”

*Federal financial aid includes the Pell Grant, SEOG Grant, Perkins Loan, Stafford Loans (subsidized and unsubsidized) and PLUS Loan.