Step 1:

The Financial Aid Office must recalculate the federal aid based on the earned percentage of aid, using the following formula:

Percent earned equals the number of days completed up to the date of withdrawal** divided by the total days in the semester.

**Withdrawal date is defined as the date on which the student began the institution’s withdrawal process, the student’s last date of recorded attendance, or the midpoint of the semester for a student who stops attending classes without officially notifying the Registrar’s Office.

Example: